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HP

Helmerich & Payne

$39.30

0.04 (0.10%)

17:49
11/14/19
11/14
17:49
11/14/19
17:49

Helmerich & Payne sees FY20 CapEx approximately $275M-$300M

57-62% expected for maintenance, 17-19% expected for tubular purchases, 11-15% for skidding to walking conversions, and roughly 10% for corporate and information technology projects.

  • 15

    Nov

HP Helmerich & Payne
$39.30

0.04 (0.10%)

09/30/19
SBSH
09/30/19
DOWNGRADE
Target $43
SBSH
Neutral
Helmerich & Payne downgraded to Neutral from Buy at Citi
Citi analyst Scott Gruber downgraded Helmerich & Payne to Neutral from Buy and lowered his price target for the shares to $43 from $50. The analyst recently cut his 2020 U.S. rig count forecast, which now calls for a 5% year-over-year decline next year. Falling utilization across both super spec and standard rig classes likely weigh on pricing, Gruber tells investors in a research note. The analyst adds that despite the recent pullback in shares of land drillers, his estimates are now ~30% below consensus for 2020.
10/08/19
BOFA
10/08/19
DOWNGRADE
BOFA
Neutral
Helmerich & Payne downgraded to Neutral from Buy at BofA/Merrill
10/08/19
BOFA
10/08/19
DOWNGRADE
BOFA
BofA sees more weakness ahead for U.S. land drillers, downgrades four stocks
As previously reported, BofA Merrill Lynch analyst Chase Mulvehill downgraded Helmerich & Payne (HP) and Patterson-UTI (PTEN), each to Neutral from Buy, and downgraded Nine Energy Services (NINE) and FTS International (FTSI), each to Underperform from Neutral. Mulvehill said capital discipline and service efficiency gains from U.S. E&P comapnies is leading to intensifying weakness across the Oil Field Services sector, driving activity that has been even worse than his already more cautious view. He also sees it as increasingly likely that 2020 will be another year of spending contraction for U.S. explorers and producers. For the two stocks he cut to Underperform, Mulvehill additionally cited the companies' levered balance sheets.
10/08/19
10/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Oracle (ORCL), Carbonite (CARB), and Check Point (CHKP) downgraded to Hold from Buy at Jefferies. 2. TerraForm Power (TERP) downgraded to Equal Weight from Overweight at Barclays. 3. Puma Biotechnology (PBYI) downgraded to Sell from Neutral at Goldman Sachs while Nektar Therapeutics (NKTR) was double downgraded to Sell from Buy. 4. Qiagen (QGEN) downgraded to Underweight from Neutral at JPMorgan and to Equal Weight from Overweight at Barclays. 5. Helmerich & Payne (HP) and Patterson-UTI (PTEN) downgraded to Neutral from Buy at BofA/Merrill. Nine Energy Services (NINE) and FTS International (FTSI) downgraded to Underperform from Neutral at BofA/Merrill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

GME

GameStop

$6.50

0.18 (2.85%)

05:33
12/11/19
12/11
05:33
12/11/19
05:33
Recommendations
GameStop analyst commentary  »

Baird cuts GameStop price…

03/08/13
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  • 13

    Dec

SWAV

ShockWave Medical

$40.43

-0.08 (-0.20%)

05:29
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12/11
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05:29
Recommendations
ShockWave Medical analyst commentary  »

ShockWave Medical price…

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GOL

Gol Linhas

$16.88

-0.83 (-4.69%)

, DAL

Delta Air Lines

$55.52

-0.27 (-0.48%)

05:26
12/11/19
12/11
05:26
12/11/19
05:26
Hot Stocks
Gol Linhas announces change in shareholding ownership »

GOL Linhas (GOL) hereby…

GOL

Gol Linhas

$16.88

-0.83 (-4.69%)

DAL

Delta Air Lines

$55.52

-0.27 (-0.48%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 12

    Dec

JOUT

Johnson Outdoors

$75.16

-2.36 (-3.04%)

05:25
12/11/19
12/11
05:25
12/11/19
05:25
Recommendations
Johnson Outdoors analyst commentary  »

Johnson Outdoors price…

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NFLX

Netflix

$293.21

-9.27 (-3.06%)

05:24
12/11/19
12/11
05:24
12/11/19
05:24
Recommendations
Netflix analyst commentary  »

Piper analysis shows Q4…

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AGIO

Agios Pharmaceuticals

$44.26

2.3 (5.48%)

05:20
12/11/19
12/11
05:20
12/11/19
05:20
Recommendations
Agios Pharmaceuticals analyst commentary  »

Agios Pharmaceuticals…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 13

    Dec

XBIT

XBiotech

$18.80

-0.65 (-3.34%)

, JNJ

Johnson & Johnson

$139.97

-0.54 (-0.38%)

05:15
12/11/19
12/11
05:15
12/11/19
05:15
Recommendations
XBiotech, Johnson & Johnson analyst commentary  »

XBiotech price target…

XBIT

XBiotech

$18.80

-0.65 (-3.34%)

JNJ

Johnson & Johnson

$139.97

-0.54 (-0.38%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 22

    Jan

TALO

Talos Energy

$25.79

0.41 (1.62%)

05:14
12/11/19
12/11
05:14
12/11/19
05:14
Hot Stocks
Talos Energy announces acquisition of Gulf of Mexico portfolio »

Talos Energy announced…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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CCC

Clarivate Analytics

$16.90

-0.17 (-1.00%)

05:12
12/11/19
12/11
05:12
12/11/19
05:12
Initiation
Clarivate Analytics initiated  »

Clarivate Analytics…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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CONN

Conn's

$13.60

-6.91 (-33.69%)

05:10
12/11/19
12/11
05:10
12/11/19
05:10
Downgrade
Conn's rating change  »

Conn's downgraded to…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 11

    Dec

VALE

Vale

$12.30

-0.08 (-0.65%)

05:06
12/11/19
12/11
05:06
12/11/19
05:06
Upgrade
Vale rating change  »

Vale upgraded to Buy from…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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FTI

TechnipFMC

$19.09

0.24 (1.27%)

05:05
12/11/19
12/11
05:05
12/11/19
05:05
Upgrade
TechnipFMC rating change  »

TechnipFMC upgraded to…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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WDGJF

John Wood Group

$0.00

(0.00%)

05:05
12/11/19
12/11
05:05
12/11/19
05:05
Upgrade
John Wood Group rating change  »

John Wood Group upgraded…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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ES

Eversource

$80.98

0.24 (0.30%)

05:01
12/11/19
12/11
05:01
12/11/19
05:01
Initiation
Eversource initiated  »

Eversource initiated with…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 11

    Dec

AEE

Ameren

$74.58

0.6 (0.81%)

05:01
12/11/19
12/11
05:01
12/11/19
05:01
Initiation
Ameren initiated  »

Ameren initiated with an…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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GNMK

GenMark

$5.58

-0.04 (-0.71%)

05:00
12/11/19
12/11
05:00
12/11/19
05:00
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GenMark rating change  »

GenMark downgraded to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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XRAY

Dentsply Sirona

$57.40

0.08 (0.14%)

04:59
12/11/19
12/11
04:59
12/11/19
04:59
Downgrade
Dentsply Sirona rating change  »

Dentsply Sirona…

03/08/13
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TCBI

Texas Capital

$61.90

-1.55 (-2.44%)

, IBTX

Independent Bank

$59.90

-1.74 (-2.82%)

04:56
12/11/19
12/11
04:56
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04:56
Upgrade
Texas Capital, Independent Bank rating change  »

Texas Capital upgraded to…

TCBI

Texas Capital

$61.90

-1.55 (-2.44%)

IBTX

Independent Bank

$59.90

-1.74 (-2.82%)

03/08/13
Wedge Partners
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03/06/13
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04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
William Blair insurance analyst to hold a luncheon meeting »

Insurance Analyst Adam…

QMCO

Quantum

$0.00

(0.00%)

04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
Quantum management to meet with B. Riley FBR »

Meetings to be held in…

03/08/13
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03/06/13
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  • 11

    Dec

TCBK

TriCo Bancshares

$39.02

0.24 (0.62%)

04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
TriCo Bancshares management to meet with Sandler O'Neill »

Meetings to be held in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 11

    Dec

  • 11

    Dec

DMTK

DermTech

$12.90

-1.56 (-10.79%)

04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
DermTech management to meet with Lake Street »

Meetings to be held in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 11

    Dec

  • 12

    Dec

04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
Oppenheimer healthcare analysts to hold a KOL dinner meeting »

Analysts hold a Cardiac…

MIC

Macquarie Infrastructure

$42.82

-0.02 (-0.05%)

04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
Macquarie Infrastructure management to meet with Suntrust »

Group Dinner with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 11

    Dec

04:55
12/11/19
12/11
04:55
12/11/19
04:55
Conference/Events
BTIG oil and tanker analysts to hold a roundtable »

Oil Flow & Tanker…

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