April 1, 2019 | Daily JAM, HP, Stock Alerts |
I named Helmerich & Payne (HP) #6 in my Special Report on the 10 most dangerous stocks for this earnings season. After naming Pioneer Natural Resources (PXD) #4 and Diamondback Energy (FANG) #5, I asked What do those two oil shale producers have in common? They're...
March 29, 2019 | Daily JAM, FANG, HP, PXD |
Once upon a time investors and traders wanted to own the shares of U.S. oil shale producers and shares of the oil service companies that sold them equipment and services. U.S. oil production from oil shales--especially the low-cost Permian Basin--was soaring. Oil...
April 23, 2018 | Daily JAM, FANG, HP, PXD, SLB, STO, YPF |
Oil futures in New York settled at their highest since December 2014. U.S. benchmark West Texas Intermediate climbed 0.35% to close at $68.88 a barrel. International benchmark Brent crude rose 0.88% to $74.71 a barrel. The gains were unusual in that the U.S. dollar strengthened today. But the markets had news of another missile attack on Saudi Arabia–again unsuccessful–by Houthi rebels in Yemen. The Houthis are backed by Iran and Yemen has become a proxy war for power in the Middle East between Iran and Saudi Arabia (and by extension, Russia and the United States.)
January 25, 2018 | Daily JAM, HP, Stock Alerts |
Helmerich & Payne (HP) reported December quarter (first quarter of the 2018 fiscal year) earnings of $4.57 a share. As they say on Wall Street--that $4.57 a share may not be comparable to the Wall Street analyst consensus estimate of a loss of 13 cents for the...
January 4, 2018 | Daily JAM, HP, Stock Alerts |
Shares of Helmerich & Payne (HP) have just about completed their recovery from last year's sell off on tumbling oil prices. The stock closed at $66.40 today, January 4. That's just 1.34% below the $67.30 price at which I added these shares to my Dividend Portfolio...
March 10, 2017 | Daily JAM, HP, Stock Alerts |
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