An updated Net Income & Cash Flow Forecast model for Helmerich & Payne (HP) has been posted under the Sweet 16 Tab.
IMO HP is the premier onshore driller in the world. Read my profile on the company and you will see why their Flex Rigs remain in very high demand + the company brings an outstanding technical team that helps their E&P clients improve efficiency. Flex Rigs are perfect for the North American Shale plays.
My increased Fair Value Estimate can be found at the bottom of the forecast model.
HP will release earnings for the quarter ending 12-31-2012 on Thursday, January 31st.