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Founded in 1920, Helmerich & Payne, Inc. through its subsidiaries, designs, fabricates, and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. At December 31, 2024, H&P's fleet included 225 land rigs in the United States, 30 international land rigs and seven offshore platform rigs. The shares are a component of the S&P SmallCap 600 index and the firm currently employs about 7,000 people.

The major stock indices are a mixed bag at midday -- but the common theme is 'flat, with the S&P 500 and Dow Jones Industrial Average up by very little and the Nasdaq down by very little. The latest consumer sentiment reading from the University of Michigan showed sentiment hit its second-lowest reading on record, at 50.8. That compares to 52.2 last month and the consensus expectation of 53.4. The all-time low reading was 50 in June of 2022. There is also growing concern about inflation, with both short-term and long-term inflation expectations on the rise among American consumers.

PRECISION DRILLING CORP has an Investment Rating of BUY; a target price of $50.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

PATTERSON-UTI ENERGY INC has an Investment Rating of HOLD; a target price of $7.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.