Permian Strategic Partnership Transformed 153 Million into Over 1.5 Billion in Collaborative Investment
| HP Stock | USD 26.09 0.82 3.05% |
Slightly above 62% of Helmerich's investor base is looking to short. The analysis of overall sentiment of trading Helmerich and Payne stock suggests that many investors are alarmed at this time. Helmerich's investing sentiment overview a quick insight into current market opportunities from investing in Helmerich and Payne. Many technical investors use Helmerich and Payne stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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The Permian Strategic Partnership , a coalition of 30 leading Permian Basin energy companies and higher education institutions committed to strengthening and improving the quality of life for Permian Basin residents, released its 2023 annual report today, reflecting on the impact of their last five years. Since its creation in 2019, the organization has doubled its membership and committed 153 million in philanthropic investments to generate over 1.5 billion in community support and colla
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Helmerich Fundamental Analysis
We analyze Helmerich's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Helmerich using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Helmerich based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Helmerich is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Helmerich and Payne Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Helmerich stock to make a market-neutral strategy. Peer analysis of Helmerich could also be used in its relative valuation, which is a method of valuing Helmerich by comparing valuation metrics with similar companies.
Peers
Helmerich Related Equities
| SDRL | Seadrill | 2.17 |
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| NE | Noble Plc | 2.27 |
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| PTEN | Patterson UTI | 2.59 |
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| PDS | Precision Drilling | 2.71 |
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| BORR | Borr Drilling | 3.61 |
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| RIG | Transocean | 4.20 |
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| NBR | Nabors Industries | 4.73 |
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Additional Tools for Helmerich Stock Analysis
When running Helmerich's price analysis, check to measure Helmerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.