HP Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: With significant undervaluation and positive sentiment in energy markets, Helmerich & Payne could rally above $35. Favorable upcoming earnings and lower technical resistance create an advantageous setting for bullish traders.




Bearish Case: Potential regulatory challenges and ongoing volatility in oil prices may disrupt recovery, sustaining bearish sentiment. Decreased historical returns raise red flags, pushing HP below $28 if current trends persist.




Potential Outcomes:
  • HP rises to $40 (35% chance) via recovering oil prices.
  • HP drops to $28 (45% chance) amid negative market sentiment.
  • HP stabilizes around $33 (20% chance) if volatility normalizes.




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December 19, 2024


Helmerich & Payne Forecast

HP        Helmerich & Payne











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IONQ Forecast + Options Trading Strategies   IONQ  IonQ (-0.0)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (-0.0)


OWL Forecast + Options Trading Strategies   OWL  Blue Owl (0.0)


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GL Forecast + Options Trading Strategies   GL  Globe Life (0.01)



Anticorrelated Assets

Assets that tend to move strongly against HP



FE Forecast + Options Trading Strategies   FE  Firstenergy (-0.63)


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BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.71)


COMM Forecast + Options Trading Strategies   COMM  CommScope (-0.71)









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