Insider overview: Helmerich and Payne Inc.
BY THOMSON FINANCIAL REPORTS
Monday, December 10, 2012
12/10/12 at 2:57 AM
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Hans Helmerich, CEO, on Nov. 28 exercised options to purchase 180,000 shares at $13.87 with a market value of $2,496,600. Helmerich has 26 previous sell decisions but has not sold his company's stock since December 2010, according to Thomson.
Thomson puts HP's insider rating at 7, considered more bullish than the overall 6.50 rating for the Oil and Gas Drilling Industry sector.
Helmerich and Payne, a Tulsa-based contract drilling and rig manufacturing firm, owns and operates more than 300 rigs worldwide.
Alliance Resource Partners LP: Thomas M. Wynne, chief operating officer, from Nov. 21-28 sold 1,700 direct units at $56.14 to $57.59 with a market value of $97,034. Alliance units historically rose an average 1.9 percent in the six months after Wynne's six previous sell decisions, according to Thomson.
From Nov. 29-Dec. 5, Wynne sold off another 4,050 direct units at $56.12 to $56.59, market value of $63,712. He holds more than 15,000 common units in the Tulsa-based coal producer.
Dec. 5, Wynne, as beneficiary owner of Alliance Holdings GP LP, sold 1,400 indirect units at $45.50 to $45.54 with a market value of $63,712. Alliance Holdings GP owns the general partner interest and incentivized distribution rights in Alliance Resource Partners.
AAON Inc.: Kathy Sheffield, officer and treasurer, on Dec. 3 exercised options to purchase 33,750 shares at $7.21 to $12.29 with a market value of $276,525. On the same day, Sheffield also sold 33,750 direct shares at $21.35 each with a market value of $720,563.
AAON is a Tulsa-based rooftop heating and air unit manufacturer. Overall, the company's sell total of $1.47 million this quarter is the highest for any fourth quarter in the past five years.