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Stockchase Opinions

John PetridesHelmerich & PayneHPTOP PICKMay 19, 2017

Down 25% year to date. Energy was the best performing sector in 2016, and has been the worst to start. The largest land driller in the US. They have more cash than debt on the balance sheet. In 2015, they finished a multi-year CapX upgrade cycle to all their rigs. They are going to market with the most technically advanced and updated rigs and picking up tremendous market share. At 12.5X cash flow, with the balance sheet and the dividend, this is a very good buy. 4.5% dividend yield.

$60.04

Stock price when the opinion was issued

$36.36

As of Jun 16, 2026. Market Open.

oilgas field services
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