Helmerich & Payne Sees Elevated Insider Activity Amid Market Caution

Helmerich & Payne, Inc. (NYSE:HP) is one of the 10 Energy Stocks with Insider Buying in 2025.

The company extends its Exchange Offer for senior notes, but the price target is lowered after citing headwinds in both the U.S. and international markets.

Helmerich & Payne Sees Elevated Insider Activity Amid Market Caution

An offshore drilling rig in the Gulf of Mexico surrounded by a sea of blue.

Headquartered in Oklahoma, Helmerich & Payne, Inc. (NYSE:HP) is a petroleum contract drilling company, operating since 1920. The company provides performance-oriented drilling solutions, including FlexRigs, for oil and gas E&P clients across the world. As the largest onshore driller in the U.S., the company holds over 40% share of the super-spec rig market.

On June 27, 2025, Helmerich & Payne, Inc. (NYSE:HP) extended the closing of its Exchange Offer for senior notes. The initial expiration date for the offer was June 26, 2025, and it has been extended to close on July 10, 2025. Though the high percentage of the Old Notes has already been tendered, additional time is provided for holders of unregistered Old Notes who want to exchange them soon.

The company later saw its positive ratings maintained by Susquehanna, but the price target on the stock is lowered from $24 to $23, citing potential headwinds in the U.S. and international markets, which are affecting the oilfield services sector.

Insider confidence in the stock, however, remains positive and upward as reflected in the increase of 1.57% during the last six months.

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