|Bid||0.00 x 900|
|Ask||18.00 x 1000|
|Day's range||17.25 - 18.33|
|52-week range||12.40 - 47.45|
|Beta (5Y monthly)||2.10|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jul 2020|
|Forward dividend & yield||1.00 (5.52%)|
|Ex-dividend date||14 Aug 2020|
|1y target est||19.36|
It is now my pleasure to turn the conference over to Dave Wilson. With us today are John Lindsay, President and CEO; and Mark Smith, Senior Vice President and CFO. Both John and Mark will be sharing some comments with us, after which we'll open the call for questions.
In addition to the cost containment initiatives announced previously, Helmerich & Payne (HP) expects to lower its cost structure by a further $25 million annually.
Helmerich & Payne (HP) delivered earnings and revenue surprises of 49.25% and 4.55%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?