Helmerich & Payne Appoints Vann As CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 05 2024
0mins
Should l Buy HP?
Source: NASDAQ.COM
Appointment Announcement: Helmerich & Payne, Inc. has appointed Kevin Vann as the new chief financial officer, effective August 5, 2024, succeeding Mark Smith who will retire on August 15, 2024.
Background Information: Kevin Vann brings extensive experience in financial management and accounting from his previous role as CFO at WPX Energy from 2014 to 2021.
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Analyst Views on HP
Wall Street analysts forecast HP stock price to fall
13 Analyst Rating
6 Buy
6 Hold
1 Sell
Moderate Buy
Current: 35.840
Low
26.00
Averages
31.45
High
36.00
Current: 35.840
Low
26.00
Averages
31.45
High
36.00
About HP
Helmerich & Payne, Inc., through its subsidiaries, designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. It develops and implements advanced automation, directional drilling and survey management technologies. Its segments include North America Solutions, International Solutions, and Offshore Gulf of Mexico. The North America Solutions segment has operations which are located in Texas and other states, including Colorado, Louisiana, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, and West Virginia. The Offshore Gulf of Mexico segment has operations that are located in Louisiana and in the United States federal waters in the Gulf of Mexico. The International Solutions segment has rigs and/or services located in five international locations: Argentina, Australia, Bahrain, Colombia, and Saudi Arabia. It owns and operates a number of commercial real estate properties located in Tulsa, Oklahoma.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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