Helmerich & Payne (NYSE: HP) Stock Drops on Dec. 16, 2025: What Investors Are Weighing After 2026 Guidance, Saudi Rig Reactivations, and a CEO Transition
Helmerich & Payne shares fell 5.3% to $27.41 on Dec. 16 after management issued a cautious 2026 outlook and confirmed a leadership transition for early next year. The company reported a $57 million net loss for its latest quarter, with international operations narrowing losses. Trading volume reached 1.13 million shares.
