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Helmerich & Payne Extends Senior Notes Exchange Offer

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Helmerich & Payne Extends Senior Notes Exchange Offer

Confident Investing Starts Here:

Helmerich & Payne ( (HP) ) just unveiled an announcement.

On June 27, 2025, Helmerich & Payne extended its Exchange Offer for senior notes, allowing additional time for holders of unregistered Old Notes to exchange them for registered New Notes. The offer, initially set to expire on June 26, 2025, will now close on July 10, 2025, with a high percentage of the Old Notes already tendered, indicating strong participation from stakeholders.

The most recent analyst rating on (HP) stock is a Hold with a $50.00 price target. To see the full list of analyst forecasts on Helmerich & Payne stock, see the HP Stock Forecast page.

Spark’s Take on HP Stock

According to Spark, TipRanks’ AI Analyst, HP is a Neutral.

Helmerich & Payne’s overall score reflects a stable financial performance and attractive valuation, though technical indicators suggest bearish trends. The mixed sentiment from the earnings call and recent corporate events further moderate the outlook. Positive factors include the company’s low debt and high dividend yield, but operational challenges, particularly in international segments, present risks.

To see Spark’s full report on HP stock, click here.

More about Helmerich & Payne

Helmerich & Payne, Inc. operates in the oil and gas drilling industry, providing drilling services and equipment. The company focuses on offering high-quality drilling solutions and has a significant presence in the energy market.

Average Trading Volume: 2,182,035

Technical Sentiment Signal: Sell

Current Market Cap: $1.54B

For an in-depth examination of HP stock, go to TipRanks’ Overview page.

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