Helmerich and Payne Inc (HP)
Helmerich & Payne, Inc. (HP) is a leading provider of advanced drilling services, specializing in high-performance contract drilling for exploration and production companies in the oil and gas sector. Headquartered in Tulsa, Oklahoma, the company operates a fleet of technologically advanced drilling rigs, positioning itself as a key player in the dynamic energy market. With a strong emphasis on safety, operational efficiency, and innovation, Helmerich & Payne is well-equipped to meet the evolving needs of its clients while delivering sustainable long-term growth.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 443.54% per annum.
- HP price at the close of December 10, 2025 was $30.44 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 340.61% per annum.
- HP price at the close of December 10, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HP price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 14, 2025
End date: December 10, 2025
a = -5.0487
b = 0.0046
s = 0.0388
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0046) – 1
= 443.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0388) – 1
= 16.80%
July 14, 2025 calculations
Top border of price channel:
Exp(Y1,149)
= Exp(a + b × X1,149 + 2 × s)
= Exp(a + b × 1,676 + 2 × s)
= Exp(-5.0487 + 0.0046 × 1,676 + 2 × 0.0388)
= Exp(2.8025)
= $16.49
Bottom border of price channel:
Exp(Y1,149)
= Exp(a + b × X1,149 – 2 × s)
= Exp(a + b × 1,676 – 2 × s)
= Exp(-5.0487 + 0.0046 × 1,676 – 2 × 0.0388)
= Exp(2.6472)
= $14.11
December 10, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-5.0487 + 0.0046 × 1,825 + 2 × 0.0388)
= Exp(3.4936)
= $32.91
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-5.0487 + 0.0046 × 1,825 – 2 × 0.0388)
= Exp(3.3383)
= $28.17
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 443.54% per annum.
- HP price at the close of December 10, 2025 was $30.44 and was inside the primary price channel.
Secondary Trend
Start date: August 27, 2025
End date: December 10, 2025
a = -4.0217
b = 0.0041
s = 0.0289
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0041) – 1
= 340.61%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0289) – 1
= 12.27%
August 27, 2025 calculations
Top border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 + 2 × s)
= Exp(a + b × 1,720 + 2 × s)
= Exp(-4.0217 + 0.0041 × 1,720 + 2 × 0.0289)
= Exp(3.0245)
= $20.58
Bottom border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 – 2 × s)
= Exp(a + b × 1,720 – 2 × s)
= Exp(-4.0217 + 0.0041 × 1,720 – 2 × 0.0289)
= Exp(2.9088)
= $18.33
December 10, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-4.0217 + 0.0041 × 1,825 + 2 × 0.0289)
= Exp(3.4511)
= $31.53
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-4.0217 + 0.0041 × 1,825 – 2 × 0.0289)
= Exp(3.3354)
= $28.09
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 340.61% per annum.
- HP price at the close of December 10, 2025 was inside the secondary price channel.