Overall Rating


(3.3/5) Neutral

Helmerich Payne (HP)

Price*: $26.44 | Dividend: $0.18 | Dividend Yield: 0.68%

Recommendation Info
We downgraded this stock from the "Recommended" list on 8/5/08, at a price of 54.82.
Dividend Stock Ratings Breakdown Dividend Stock Ratings Breakdown
1. Relative Strength   What's This?

Stock is stuck in an uninspiring six-month trading range.
2. Overall Yield Attractiveness   What's This?

Stock's dividend yield is unattractive.
3. Dividend Reliability   What's This?

This rating is directly related to the length and consistency of a company's dividend payouts.
4. Dividend Uptrend   What's This?

Dividend payouts are consistent, but increases small.
5. Earnings Growth   What's This?

Earnings estimates have been raised slightly.
Price and Dividend Info Price and Dividend Info
Helmerich Payne (HP)
Previous Day's Closing Price*
$26.44
Annual Stock Dividend
$0.18
Current Dividend Yield
0.68%

Recent Headlines Recent Headlines

Dividend Stock Profile & Recommendation Profile & Recommendation


Company Profile Company Profile

Helmerich Payne- (HP)-is primarily a contract drilling company. As of March 31, 2008, the Company's existing fleet included 172 U.S. land rigs, 27 international land rigs and nine offshore platform rigs. In addition, the Company is scheduled to complete another ten new H&P-designed and operated FlexRigs®*, all of which correspond to previously announced commitments with customers. Upon completion of these commitments, the Company's land fleet will include a total of 144 FlexRigs. The company was founded in 1920 and is based in Tulsa, Oklahoma.

Dividend Stock Recommendation - Neutral Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes Stock Notes

This mid cap stock does not make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.