From Yahoo Finance: 2025-05-19 21:16:00

Helmerich & Payne (HP) stock downgraded by Citi analysts due to challenges in the oilfield servicing sector, including plunging crude oil prices and increased costs from tariffs. Analysts project a decrease in rig count and rates, leading to a 25% reduction in margins over the next few years.

Despite mixed Q1 2025 results for Helmerich & Payne (HP), with EPS falling short but revenue exceeding expectations, analysts remain cautious about the company’s growth potential. They suggest exploring AI stocks with higher return potential and limited downside risk. Check out their report on the cheapest AI stock with 100x upside potential.

For more insights on energy stocks, explore articles on “10 Cheap Energy Stocks to Buy Now” and “10 Most Undervalued Energy Stocks According to Hedge Funds.” Disclosure: None.

Read more: Helmerich & Payne (HP) Downgraded at Citi