Helmerich & Payne Down 10% in a Year: What Awaits the Stock?
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Helmerich & Payne (HP) has seen a 10% decline in its stock over the past year, primarily due to challenges in its North American Solutions segment, which contributes nearly 90% of its revenues.
December 16, 2024 | 2:00 pm
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Helmerich & Payne's stock has declined by 10% over the past year due to difficulties in its North American Solutions segment, which is crucial as it represents almost 90% of the company's revenues.
The North American Solutions segment is critical for Helmerich & Payne, contributing nearly 90% of its revenues. Challenges in this segment have led to a 10% decline in stock price over the past year, indicating potential continued pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100