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analogdog

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analogdog

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Friday, 11/16/2007 12:15:40 AM

Friday, November 16, 2007 12:15:40 AM

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BANGALORE, Nov 15 (Reuters) - Helmerich & Payne Inc (HP.N: Quote, Profile, Research) posted higher quarterly results, as revenue from its U.S. land drilling operations rose 34 percent, helped by a higher number of rigs and rig activity days, sending shares up 8.4 percent.

For the fourth quarter, the contract drilling company earned $116.4 million, or $1.10 a share, compared with $98.5 million, or 93 cents a share, a year ago.
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