Helmerich & Payne (HP) Fell by Almost 10% This Week. Here is Why.

The share price of Helmerich & Payne, Inc. (NYSE:HP) fell by 9.61% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Helmerich & Payne, Inc. (NYSE:HP), together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies.

Helmerich & Payne, Inc. (NYSE:HP) was also among the oilfield services stocks that fell heavily recently following reports of a sharp slowdown in drilling activity due to declining crude oil prices and the widespread economic uncertainty. This has led to analysts dropping their expectations regarding the sector’s earnings in Q2 2025, leading to an overall bearish sentiment by investors.

It must be mentioned that Helmerich & Payne, Inc. (NYSE:HP) was also dealt a blow last month after the company announced contract suspensions on nine additional rigs in Saudi Arabia, bringing its total suspension count to 26 in the kingdom.

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