Shares of Helmerich & Payne (HP) Sees Large Inflow of Net Money Flow

Helmerich & Payne (HP) : Mondays money flow indicated an uptick to downtick ratio was at 1.47. The total value of inflow transactions on upticks was $21.41 million, whereas, the total value of outflow trades on downticks was $14.57 million. The total money flow was $6.84 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $5.68 million. The total value of the trades done on upticks was $5.68 million. Helmerich & Payne (HP) was trading with a -0.77% change over previous days close. It fell $0.53 during the day and reached $68.19. The stock was 2.62% compared to the previous weeks close.


Helmerich & Payne, Inc. is up 15.22% in the last 3-month period. Year-to-Date the stock performance stands at 30.7%. Shares of Helmerich & Payne, Inc. rose by 3.05% in the last five trading days and 5.66% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Lindsay John W, director officer (President & CEO) of Helmerich & Payne, Inc., had unloaded 19,000 shares at an average price of $67.37 in a transaction dated on June 9, 2016. The total value of the transaction was worth $1,280,030.

Helmerich & Payne (NYSE:HP): On Mondays trading session , Opening price of the stock was $68.34 with an intraday high of $68.52. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $67.23. However, the stock managed to close at $68.19, a loss of 0.77% for the day. On the previous day, the stock had closed at $68.72. The total traded volume of the day was 1,365,479 shares.

Helmerich & Payne, Inc. is engaged in contract drilling of oil and gas wells for others. The Company operates in the contract drilling industry. The Companys contract drilling business consists of three business segments: U.S. Land, Offshore and International Land. Its U.S. Land segment operates drilling operations in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia and Nevada. Its offshore operations are conducted in the Gulf of Mexico and Equatorial Guinea. Its International Land segment operates in seven international locations, including Ecuador, Colombia, Argentina, Tunisia, Bahrain, the United Arab Emirates and Mozambique. The Company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology.

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