Helmerich & Payne, Inc. ($HP) Possible Buy to $65 Confident Investor Rating: Good

 

Company name Helmerich & Payne, Inc.
Stock ticker HP
Live stock price [stckqut]HP[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Fair
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $79.33
Target stock price (averages with growth) $91.54
Target stock price (averages with no growth) $83.12
Target stock price (manual assumptions) $63.61

The following company description is from Google Finance: http://www.google.com/finance?q=hp

Helmerich & Payne, Inc. is engaged in contract drilling of oil and gas wells for others. The Company’s contract drilling business consists of three business segments: U.S. land drilling, offshore drilling and international land drilling. Its United States land drilling is conducted primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Utah, Arkansas, New Mexico, Alabama, Montana, North Dakota and West Virginia. Offshore drilling operations are conducted in the Gulf of Mexico, and offshore of California, Trinidad and Equatorial Guinea. It specializes in shallow to deep drilling in oil and gas producing basins of the United States and in drilling for oil and gas in international locations. During the fiscal year ended September 30, 2010 (fiscal 2010), its international land segment operated in seven international locations: Ecuador, Colombia, Argentina, Mexico, Tunisia, Bahrain and Venezuela.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

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