Oil and natural gas prices are at painfully low levels, leading the broader energy sector into a brutal downturn. That means contrarian investors, who often invest while others are afraid to, should probably be sniffing around for deals. If that sounds like you, then it's time to take a closer look at Helmerich & Payne (NYSE: HP). It is, perhaps, one of the best ways to play an energy upturn.
Oil and natural gas are commodities subject to the dynamics of supply and demand. There's no question that the energy sector today is in a state of turmoil, with oil prices actually falling below zero at one point earlier in 2020. There were technical reasons for that drop, but the implications are kind of frightening -- for a brief moment in time, oil producers were paying customers to take their oil.
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