Here's Where Things Went Wrong for Helmerich & Payne, Inc. in 2017
This past year has been a bit of a let-down for Helmerich & Payne (NYSE: HP) investors considering that the stock shed a quarter of its value, erasing a big chunk of last year's rebound. That slump came despite the fact that the price of oil, drilling activities in the U.S., and the company's revenue all rose this year. Profits, though, remained elusive, which is something investors couldn't forgive.
Here's a look at why the company couldn't pull out of the red this year -- and why that trend might continue.
Image source: Getty Images.
Source: Fool.com