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TMCNet:  Shares of HP Up 25.1% Since Uptrend Call on Shares

[February 01, 2013]

Shares of HP Up 25.1% Since Uptrend Call on Shares

Feb 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Helmerich & Payne (NYSE:HP) on November 19th, 2012 at $51.18. In approximately 2 months, Helmerich & Payne has returned 25.13% as of today's recent price of $64.04.

In the past 52 weeks, shares of Helmerich & Payne have traded between a low of $38.71 and a high of $65.51 and are now at $64.11, which is 66% above that low price. The 200-day and 50-day moving averages have moved 0.42% higher and 2.21% higher over the past week, respectively.

Helmerich & Payne, Inc. is primarily a contract drilling company. As of December 31, 2011, the Company's existing fleet included 255 U.S. land rigs, 26 international land rigs and nine offshore platform rigs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Helmerich & Payne shares.Log in and add Helmerich & Payne (HP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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