Helmerich & Payne Inc. (HP): Today's Featured Energy Laggard

Helmerich & Payne ( HP) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Helmerich & Payne fell $0.72 (-1.1%) to $62.94 on average volume. Throughout the day, 993,918 shares of Helmerich & Payne exchanged hands as compared to its average daily volume of 1,261,900 shares. The stock ranged in price between $62.78-$64.37 after having opened the day at $64.28 as compared to the previous trading day's close of $63.66. Other companies within the Energy industry that declined today were: Cubic Energy ( QBC), down 12.1%, Quicksilver Resources ( KWK), down 7.2%, Panhandle Oil and Gas ( PHX), down 5.9% and Whiting USA Trust I ( WHX), down 4.9%.

Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells. It provides drilling rigs, equipments, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and fixed platforms, tension-leg platforms, and spars in offshore areas. Helmerich & Payne has a market cap of $6.6 billion and is part of the basic materials sector. The company has a P/E ratio of 11.0, below the S&P 500 P/E ratio of 17.7. Shares are up 13.7% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Helmerich & Payne a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Helmerich & Payne as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, PostRock Energy ( PSTR), up 11.2%, Andatee China Marine Fuel Services Corporat ( AMCF), up 11.0%, KiOR ( KIOR), up 10.8% and Cheniere Energy Partners ( CQP), up 10.3% , were all gainers within the energy industry with EOG Resources ( EOG) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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