H&P Plans Two-for-One Stock Split
Company President and C.E.O., Hans Helmerich commented, "Our Board's decision to approve a stock split is a reflection of our confidence in future performance of the Company. We believe that this action will allow H&P stock to trade in a range that will be more attractive to investors and will provide added liquidity to our stock."
Helmerich & Payne, Inc. is a contract drilling company that owns 92 U.S. land rigs, 11 U.S. platform rigs located in the Gulf of Mexico, and 27 international rigs, for a total of 130 rigs. Included in the total fleet of 130 rigs are 52 H&P-designed and operated FlexRigs.®