Helmerich & Payne's (NYSE: HP)earnings have been a bit peculiar over these past few quarters. Even though rig counts have risen considerably since their nadir back in May 2016 and its fleet utilization numbers have grown, the oil rig lessor is still posting net losses each quarter. Considering how much better other oil services companies are doing lately, especially those with a large concentration in U.
S. shale,it seems odd that Helmerich & Payne's results have been so slow to recover.Helmerich & Payne's Earnings Improve at a Frustratingly Slow Pace
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