RPC (RES) Projected to Post Earnings on Thursday

RPC (NYSE:RES - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $326.72 million for the quarter.

RPC (NYSE:RES - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.06 EPS for the quarter, hitting analysts' consensus estimates of $0.06. RPC had a return on equity of 8.62% and a net margin of 6.46%. On average, analysts expect RPC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

RPC Trading Down 1.6 %

NYSE:RES traded down $0.08 on Monday, reaching $4.95. 1,516,808 shares of the stock traded hands, compared to its average volume of 1,725,726. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 11.51 and a beta of 1.27. RPC has a 1-year low of $4.10 and a 1-year high of $8.14. The company's 50 day moving average is $5.33 and its 200-day moving average is $5.92.

RPC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 10th were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Monday, February 10th. RPC's dividend payout ratio is presently 37.21%.

Analysts Set New Price Targets

RES has been the subject of several research analyst reports. Susquehanna lowered their price objective on RPC from $6.00 to $5.50 and set a "neutral" rating for the company in a research report on Monday, April 14th. Citigroup upgraded RPC from a "sell" rating to a "neutral" rating and cut their price target for the stock from $5.50 to $4.75 in a report on Tuesday, April 8th.

RPC Company Profile

RPC, Inc, through its subsidiaries, engages provision of a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services segment offers pressure pumping, fracturing, acidizing, cementing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells.