Is the Helmerich and Payne Dividend Safe?
Helmerich and Payne has been increasing the dividend for 4 years.
Over the past 10 years, Helmerich and Payne has increased it by an annual -9.954 %.
Over a five-year period, the distribution increased by -20.183%.
Analysts expect a Dividend Cut of -1.077% for the current fiscal year.
Helmerich and Payne Aktienanalyse
What does Helmerich and Payne do?
Helmerich and Payne Inc (H&P) is an oil drilling company based in Tulsa, Oklahoma. The company was founded in 1920 by Walter Helmerich and William Payne and has since had a long history in the exploration, drilling, and production of oil and gas sources.
H&P's business model is based on renting drilling equipment and providing technology and personnel management services. The company primarily operates its drilling equipment through partnerships with major oil and gas companies in the USA, Canada, and the Middle East. Equipment rental accounts for the majority of revenue, with technology and personnel management services making up a smaller portion.
H&P also has various divisions such as the H&P Technologies Division and the H&P Drilling Automation Division. The H&P Technologies Division offers technological solutions and developments to improve efficiency in oil and gas processing. The H&P Drilling Automation Division, on the other hand, provides solutions for automating drilling processes to ensure more effective operations and cost savings. Both divisions complement the company's core business.
H&P's key products include drilling equipment such as top drive units, unique drill collars, lifting systems, conveyance systems, engines, and other components. These devices are technologically advanced and are known for their high safety and efficiency features.
H&P's core strategy is to meet customer needs and improve technology, efficiency, and safety in the oil and gas industry. The long-term goal is to establish the company as a leader in drilling technology and services.
In addition to its business activities, H&P is also involved in social and charitable projects. The company is committed to giving back by supporting local communities and advocating for improved environmental and safety standards in the oil and gas industry.
Overall, Helmerich and Payne Inc is a globally operating company with a strong history and a mature business model. The company specializes in drilling equipment rental and services, and strives to improve technology, efficiency, and safety in the oil and gas industry. With its various divisions and products, H&P is well positioned for future success. Helmerich and Payne is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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