Previous close | 41.58 |
Open | 41.33 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 39.28 - 41.77 |
52-week range | 30.67 - 46.38 |
Volume | |
Avg. volume | 3,388 |
Market cap | 4.435B |
Beta (5Y monthly) | 1.47 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.79 |
Earnings date | 24 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Helmerich & Payne (HP) agrees to acquire KCA Deutag for $1.9725 billion in cash to accelerate international expansion, particularly in the Middle East, creating a global drilling powerhouse.
TULSA, Okla. & ABERDEEN, Scotland, July 25, 2024--Helmerich & Payne, Inc. (NYSE: HP) ("H&P" or the "Company") and KCA Deutag International Limited ("KCA Deutag") today announced a definitive agreement under which H&P will acquire KCA Deutag for $1.9725 billion in cash.
Helmerich & Payne (HP) estimates a capital expenditure of $500 million for the fiscal year 2024, with depreciation and amortization expenses of $400 million.