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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.
* 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.
*** All dividend payout and date information on this website is for information purposes only. We do not guarantee the accuracy of any dividend dates or payout amounts. Always check with your broker first before purchasing any security.
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