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Fly News Breaks for May 25, 2017
HP
May 25, 2017 | 08:06 EDT
Bernstein analyst Noah Weisberger says that Helmerich & Payne's stock "has become more interesting" following its recent drop. The analyst says the company has a large number of rigs it can upgrade to new specifications, enabling it to benefit from increasing rig rates and causing its free cash flow to exceed the levels of previous cycles.