HP a champion, F makes deals, MUR dips on numbers

Posted on Thursday, January 27th, 2011

Helmerich & Payne Inc. (NYSE: HP) shares rose 9.8% to $56.80. Volume was four million shares, overwhelming an average of 1.1 million. The Tulsa energy-drilling company reported fiscal first-quarter earnings surged 65 percent, beating analysts’ expectations.

Ford Motor Company (NYSE: F) traded in 51 million shares Thursday, compared to a daily average of 83.7 million. Share prices gained 2.3 percent to $18.80. Ford will post its fourth-quarter results early Friday, and Wall Street is looking for the auto maker to boast its biggest annual profit since the turn of the century.

Murphy Oil Corporation (NYSE: MUR) shares ditched 10.2 percent to $65.77. Volume was 9.5 million shares, proving more than six times its daily average. MUR had an earnings call scheduled for earlier this afternoon.

Tags: , , , , , ,

Leave a Reply