Helmeric & Payne (HP) fell almost 10% this week. Here’s the reason.


Helmeric & Payne, Inc. Stock price (NYSE:Website) It fell 9.61% between July 11th and July 18th, 2025, Most Lost Energy Stocks This Week.

Helmeric & Payne (HP) fell almost 10% this week. Here's the reason.
Helmeric & Payne (HP) fell almost 10% this week. Here’s the reason.

An offshore drilling rig in the Gulf of Mexico surrounded by blue seas.

Helmeric & Payne, Inc. (NYSE:HP) together with its subsidiaries provide drilling solutions and technology to oil and gas exploration and production companies.

Helmeric & Payne, Inc. (NYSE: HP) was also one of the oil field services stocks that have fallen sharply recently following reports of a sharp slowdown in drilling activity due to lower oil prices and widespread economic uncertainty. This has resulted in analysts lowering expectations regarding sector revenue for the second quarter 2025, resulting in overall bearish sentiment from investors.

Helmeric & Payne, Inc. (NYSE: HP) must also mention that it was hit last month after announcing the halt on nine additional rigs for Saudi Arabia, and then brought the kingdom’s total suspension count to 26.

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Read next: 12 Best Oil and Gas Dividend Stocks to Buy Now and Five Energy Stock Billionaires are stacked quietly.

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