NYSE:RES - RPC Stock Price, News, & Analysis

RPC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RES."

RPC declared a quarterly dividend on Wednesday, January 23rd. Investors of record on Monday, February 11th will be paid a dividend of $0.10 per share on Monday, March 11th. This represents a $0.40 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Friday, February 8th. View RPC's Dividend History.

RPC announced that its board has initiated a stock repurchase program on Thursday, February 15th 2018, which allows the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

RPC, Inc. (NYSE:RES) issued its quarterly earnings data on Wednesday, January, 23rd. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.04. The oil and gas company had revenue of $376.80 million for the quarter, compared to analysts' expectations of $385.48 million. RPC had a return on equity of 17.65% and a net margin of 10.19%. The firm's revenue for the quarter was down 11.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 earnings per share. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for RPC.

18 analysts have issued 12-month price objectives for RPC's shares. Their forecasts range from $8.00 to $16.00. On average, they expect RPC's stock price to reach $12.7857 in the next year. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for RPC.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 7 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Press coverage about RES stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RPC earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Some companies that are related to RPC include Subsea 7 (SUBCY), Core Laboratories (CLB), Liberty Oilfield Services (LBRT), Oceaneering International (OII), Propetro (PUMP), Franks International (FI), SemGroup (SEMG), Keane Group (FRAC), C&J Energy Services (CJ), Helix Energy Solutions Group (HLX), FTS International (FTSI), Mammoth Energy Services (TUSK), Select Energy Services (WTTR), Hurricane Energy (HRCXF) and National Energy Services (NESR).

RPC's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.25%), Mackenzie Financial Corp (1.20%), Gamco Investors INC. ET AL (1.15%), Van ECK Associates Corp (1.07%), Royce & Associates LP (0.96%) and Dimensional Fund Advisors LP (0.81%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Pam R Rollins. View Institutional Ownership Trends for RPC.

RES stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Gotham Asset Management LLC, South Street Advisors LLC, Creative Planning, Canada Pension Plan Investment Board, Investec Asset Management LTD, Bank of America Corp DE and Carmignac Gestion. View Insider Buying and Selling for RPC.

RES stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Van ECK Associates Corp, Royce & Associates LP, Prescott Group Capital Management L.L.C., First Trust Advisors LP, Dean Investment Associates LLC, Freestone Capital Holdings LLC and Victory Capital Management Inc.. Company insiders that have bought RPC stock in the last two years include Amy Rollins Kreisler and Pam R Rollins. View Insider Buying and Selling for RPC.

Shares of RES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of RES stock can currently be purchased for approximately $10.68.

RPC has a market capitalization of $2.29 billion and generates $1.72 billion in revenue each year. The oil and gas company earns $175.40 million in net income (profit) each year or $0.82 on an earnings per share basis. RPC employs 3,500 workers across the globe.

The official website for RPC is http://www.rpc.net.

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 520, ATLANTA GA, 30329. The oil and gas company can be reached via phone at 404-321-2140 or via email at [email protected]