This week I'm seeking a prestigious and long-term dividend-paying stock from the energy sector.
The U.S. Land segment drills primarily in Colorado, Louisiana, Ohio, Oklahoma, New Mexico, North Dakota, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore segment has drilling operations in the Gulf of Mexico. The International Land segment conducts drilling operations in Colombia, Argentina, Bahrain, and the United Arab Emirates.
As of September 30, 2017, the company operated a fleet of 350 land rigs in the United States; 38 international land rigs; and 8 offshore platform rigs.
In addition, it owns, develops, and operates commercial real estate properties; and researches and develops a rotary steerable technology.
Besides those three, four more keys will finally unlock an equity or fund in which to invest.
But those first three primary keys, best tell whether a company has made, is making, and will make money.
HP's price per share was $70.11 at yesterday's market close. A year ago its price was $51.26 for a gain of $18.85 per share.