1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7135) 

Baron Funds Comments on Helmerich & Payne

May 24, 2012 | About:

From Baron Funds' first quarter letter: Helmerich & Payne, Inc. (NYSE:HP) is a leading land-drilling contractor in the U.S. and has the highest proportion of new-generation land rigs among its major competitors. Helmerich & Payne shares declined amid concerns that decade-low gas prices would result in lower overall drilling activity. Helmerich & Payne has the lowest exposure to gas drilling among its peers, which we believe should enable it to weather the transition from gas drilling to oil drilling that is now underway in the U.S. Further, demand for its high technology, highly efficient rigs remains strong, leading to premium margins and continued interest in new builds by its customers. (Jamie Stone)


Rating: 2.3/5 (3 votes)

Comments

Please leave your comment:


GuruFocus has detected 2 Warning Signs with Helmerich & Payne Inc $HP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


andrewgu999revenue growth
andrewgu999high operating margin
DBrizanCDN dividend 25pMar2017
DBrizanCDN dividend 25Mar2017
DBrizanCDN dividend 24Mar2017
Ranjit.desairanjit-04
Ranjit.desairanjit-03
dosowsky11 Year Growth ROE
G7dar2Pg4Cwc3RxTpm7z52Wk Magic Global
HOLKLSUTop 10 Gurus Holding and Addin
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK