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Helmerich & Payne ( (HP) ) has shared an update.
Helmerich & Payne, Inc. announced that it has entered into a Deed of Amendment to the Sale and Purchase Agreement for the acquisition of KCA Deutag, with the transaction expected to be completed in January 2025. The completion of this acquisition is subject to regulatory approvals and customary closing conditions, indicating a strategic expansion in the drilling services market for the company.
More about Helmerich & Payne
Helmerich & Payne, Inc. is a company engaged in the drilling industry, providing drilling services through its subsidiaries. Its market focus includes acquiring and managing drilling companies and assets.
YTD Price Performance: -12.35%
Average Trading Volume: 1,539,857
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.01B
See more data about HP stock on TipRanks’ Stock Analysis page.