RPC Company Profile (NYSE:RES)

About RPC (NYSE:RES)

RPC logoRPC, Inc. (RPC) is a holding company for several oilfield services companies. The Company provides a range of specialized oilfield services and equipment primarily to independent oil and gas companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the southwest, mid-continent, Gulf of Mexico, Rocky Mountain and Appalachian regions, and in selected international markets. The Company's segments are Technical Services and Support Services. The Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline and fishing. Its Support Services include all of the services that provide equipment for customers' use on the well site without RPC personnel and services that are provided in support of customer operations off the well site, such as classroom and computer training, and other consulting services.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
  • Symbol: NYSE:RES
  • CUSIP: 74966010
  • Web: www.rpc.net
Capitalization:
  • Market Cap: $4.21 billion
  • Outstanding Shares: 217,779,000
Average Prices:
  • 50 Day Moving Avg: $18.61
  • 200 Day Moving Avg: $19.51
  • 52 Week Range: $13.49 - $23.36
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.65
  • P/E Growth: -3.43
Sales & Book Value:
  • Annual Revenue: $838 million
  • Price / Sales: 5.03
  • Book Value: $3.71 per share
  • Price / Book: 5.21
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 1.0%
Profitability:
  • EBIDTA: $30.82 million
  • Net Margins: -19.38%
  • Return on Equity: -16.10%
  • Return on Assets: -12.84%
Debt:
  • Current Ratio: 5.23%
  • Quick Ratio: 3.96%
Misc:
  • Average Volume: 2.16 million shs.
  • Beta: 1.08
  • Short Ratio: 14.21
 

Frequently Asked Questions for RPC (NYSE:RES)

What is RPC's stock symbol?

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

How often does RPC pay dividends? What is the dividend yield for RPC?

RPC announced a quarterly dividend on Wednesday, October 26th. Stockholders of record on Thursday, November 10th will be paid a dividend of $0.05 per share on Friday, December 9th. This represents a $0.20 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Tuesday, November 8th. View RPC's Dividend History.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) released its earnings results on Wednesday, April, 26th. The company reported $0.01 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.03) by $0.04. The company had revenue of $298.12 million for the quarter, compared to analyst estimates of $273.35 million. RPC had a negative net margin of 19.38% and a negative return on equity of 16.10%. The company's revenue for the quarter was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.15) EPS. View RPC's Earnings History.

When will RPC make its next earnings announcement?

RPC is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for RPC.

Where is RPC's stock going? Where will RPC's stock price be in 2017?

16 brokerages have issued 1-year target prices for RPC's shares. Their predictions range from $16.00 to $29.00. On average, they expect RPC's stock price to reach $23.29 in the next twelve months. View Analyst Ratings for RPC.

Are investors shorting RPC?

RPC saw a increase in short interest in April. As of April 13th, there was short interest totalling 33,688,688 shares, an increase of 11.6% from the March 31st total of 30,187,954 shares. Based on an average trading volume of 2,652,211 shares, the short-interest ratio is currently 12.7 days. Currently, 58.2% of the company's shares are sold short.

Who are some of RPC's key competitors?

Who owns RPC stock?

RPC's stock is owned by a number of of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (2.62%), Vanguard Group Inc. (2.32%), Gamco Investors INC. ET AL (1.76%), Gabelli Funds LLC (1.27%), Bank of New York Mellon Corp (0.99%) and Columbia Wanger Asset Management LLC (0.81%). Company insiders that own RPC stock include Ben M Palmer, Gary W Rollins, James A Lane Jr and Richard A Hubbell. View Institutional Ownership Trends for RPC.

Who sold RPC stock? Who is selling RPC stock?

RPC's stock was sold by a variety of institutional investors in the last quarter, including Arosa Capital Management LP, Teachers Advisors LLC, Thrivent Financial For Lutherans, TIAA CREF Investment Management LLC, Gamco Investors INC. ET AL, Bank of New York Mellon Corp, Stephens Investment Management Group LLC and Monarch Partners Asset Management LLC. Company insiders that have sold RPC stock in the last year include Ben M Palmer, Gary W Rollins and Richard A Hubbell. View Insider Buying and Selling for RPC.

Who bought RPC stock? Who is buying RPC stock?

RPC's stock was acquired by a variety of institutional investors in the last quarter, including MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Copper Rock Capital Partners LLC, Alliancebernstein L.P., Investec Asset Management LTD, Mitchell Group Inc., Vanguard Group Inc. and Commerce Bank. View Insider Buying and Selling for RPC.

How do I buy RPC stock?

Shares of RPC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of RPC stock cost?

One share of RPC stock can currently be purchased for approximately $19.34.

Analyst Ratings

Consensus Ratings for RPC (NYSE:RES) (?)
Ratings Breakdown: 6 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $23.29 (20.40% upside)

Analysts' Ratings History for RPC (NYSE:RES)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017Jefferies Group LLCSet Price TargetBuy$26.00LowView Rating Details
4/17/2017Wolfe ResearchDowngradeOutperform -> Market Perform$20.00LowView Rating Details
4/12/2017BMO Capital MarketsInitiated CoverageOutperform$24.00LowView Rating Details
3/23/2017Tudor PickeringInitiated CoverageBuyLowView Rating Details
3/12/2017FBR & CoReiterated RatingBuy$24.00LowView Rating Details
2/22/2017Susquehanna Bancshares IncInitiated CoverageNeutral -> Neutral$23.00N/AView Rating Details
1/26/2017GuggenheimUpgradeNeutral -> Buy$29.00N/AView Rating Details
1/26/2017Credit Suisse Group AGUpgradeNeutral -> Outperform$25.00N/AView Rating Details
1/25/2017StephensUpgradeUnderweight -> Equal WeightN/AView Rating Details
1/19/2017Cowen and CompanyDowngradeOutperform -> Market Perform$20.00N/AView Rating Details
1/18/2017SunTrust Banks, Inc.Initiated CoverageBuy$25.00N/AView Rating Details
1/17/2017NomuraUpgradeNeutral -> Buy$18.00 -> $26.00N/AView Rating Details
1/17/2017InstinetUpgradeNeutral -> Buy$26.00N/AView Rating Details
12/1/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$17.00 -> $23.00N/AView Rating Details
10/11/2016Citigroup IncBoost Price TargetNeutral$16.00 -> $19.00N/AView Rating Details
7/28/2016GMP SecuritiesUpgradeReduce -> HoldN/AView Rating Details
5/17/2016Iberia CapitalUpgradeOutperformN/AView Rating Details
4/27/2016Morgan StanleyReiterated RatingHold$17.50 -> $19.00N/AView Rating Details
3/11/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$14.00 -> $15.00N/AView Rating Details
3/3/2016Raymond James Financial, Inc.Initiated CoverageStrong-Buy$17.00N/AView Rating Details
1/11/2016SimmonsReiterated RatingOverweight -> NeutralN/AView Rating Details
1/11/2016Wells Fargo & CoUpgradeMarket Perform -> OutperformN/AView Rating Details
1/8/2016Oppenheimer Holdings Inc.Reiterated RatingHoldN/AView Rating Details
1/8/2016MacquarieInitiated CoverageNeutral$13.00N/AView Rating Details
6/5/2015GabelliInitiated CoverageBuy$20.00 -> $20.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for RPC (NYSE:RES)
Earnings by Quarter for RPC (NYSE:RES)
Earnings History by Quarter for RPC (NYSE:RES)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/26/2017Q1 2017($0.03)$0.01$273.35 million$298.12 millionViewN/AView Earnings Details
1/25/2017Q416($0.13)($0.10)$204.55 million$221.00 millionViewN/AView Earnings Details
10/26/2016Q316($0.21)($0.18)$157.53 million$175.90 millionViewListenView Earnings Details
7/27/2016Q216($0.23)($0.23)$149.41 million$143.00 millionViewListenView Earnings Details
4/27/2016Q116($0.20)($0.15)$208.21 million$189.10 millionViewListenView Earnings Details
1/27/2016Q415($0.17)($0.18)$252.01 million$268.10 millionViewListenView Earnings Details
10/28/2015Q315($0.15)($0.16)$294.27 million$291.90 millionViewListenView Earnings Details
7/29/2015Q215($0.11)($0.16)$297.57 million$297.60 millionViewListenView Earnings Details
4/29/2015Q115$0.11$0.04$482.07 million$406.30 millionViewN/AView Earnings Details
1/28/2015Q414$0.32$0.36$639.43 million$487.00 millionViewN/AView Earnings Details
10/29/2014Q314$0.34$0.30$634.00 million$620.70 millionViewN/AView Earnings Details
7/23/2014Q214$0.26$0.29$545.35 million$582.80 millionViewN/AView Earnings Details
4/23/2014Q114$0.21$0.18$508.64 million$501.70 millionViewN/AView Earnings Details
1/29/2014Q413$0.22$0.17$480.45 million$486.88 millionViewN/AView Earnings Details
10/23/2013Q313$0.22$0.25$471.24 million$491.10 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.19$0.19$441.50 million$457.60 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.25$0.16$472.35 million$425.80 millionViewN/AView Earnings Details
1/23/2013Q4 2012$0.24$0.26$453.83 million$482.80 millionViewN/AView Earnings Details
10/24/2012$0.28$0.30ViewN/AView Earnings Details
7/25/2012$0.28$0.33ViewN/AView Earnings Details
4/25/2012$0.36$0.37ViewN/AView Earnings Details
1/25/2012$0.63$0.51ViewN/AView Earnings Details
10/26/2011$0.57$0.57ViewN/AView Earnings Details
7/27/2011$0.50$0.50ViewN/AView Earnings Details
4/27/2011$0.42$0.45ViewN/AView Earnings Details
1/26/2011$0.35$0.38ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for RPC (NYSE:RES)
2017 EPS Consensus Estimate: $0.42
2018 EPS Consensus Estimate: $1.28
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176($0.12)($0.02)($0.06)
Q2 20176($0.01)$0.15$0.08
Q3 20176$0.04$0.31$0.17
Q4 20176$0.08$0.38$0.23
Q1 20183$0.17$0.41$0.27
Q2 20183$0.23$0.45$0.32
Q3 20183$0.28$0.32$0.30
Q4 20183$0.32$0.51$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for RPC (NYSE:RES)
Most Recent Dividend:12/9/2016
Annual Dividend:$0.20
Dividend Yield:1.03%
Dividend Growth:-50.00% (3 Year Average)
Payout Ratio:-30.30% (Trailing 12 Months of Earnings)
35.71% (Based on This Year's Estimates)
15.15% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for RPC (NYSE:RES)

Dividend History by Quarter for RPC (NYSE:RES)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/26/2016quarterly$0.051.11%11/8/201611/10/201612/9/2016
4/29/2015quarterly$0.052.64%5/7/20155/8/20156/10/2015
1/28/2015quarterly$0.112/6/20152/10/20153/10/2015
10/29/2014quarterly$0.1111/6/201411/10/201412/10/2014
7/23/2014quarterly$0.111.69%8/6/20148/8/20149/10/2014
4/23/2014quarterly$0.111.87%5/7/20145/9/20146/10/2014
1/29/2014quarterly$0.112.46%2/6/20142/10/20143/10/2014
10/23/2013quarterly$0.102.37%11/6/201311/8/201312/10/2013
7/24/2013quarterly$0.108/9/20139/10/2013
4/24/2013quarterly$0.103.13%5/8/20135/10/20136/10/2013
1/23/2013quarterly$0.102.75%2/6/20132/8/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for RPC (NYSE:RES)
Insider Ownership Percentage: 73.40%
Institutional Ownership Percentage: 37.31%
Insider Trades by Quarter for RPC (NYSE:RES)
Institutional Ownership by Quarter for RPC (NYSE:RES)
Insider Trades by Quarter for RPC (NYSE:RES)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2016Gary W RollinsDirectorSell71,000$21.14$1,500,940.00View SEC Filing  
12/1/2016Ben M PalmerCFOSell14,521$20.30$294,776.30View SEC Filing  
11/17/2016Ben M PalmerCFOSell35,479$17.90$635,074.10View SEC Filing  
6/6/2016Richard A HubbellCEOSell100,000$15.79$1,579,000.00View SEC Filing  
2/22/2016Richard A HubbellCEOSell140,000$13.19$1,846,600.00View SEC Filing  
11/6/2015James A Lane JrDirectorSell30,000$12.40$372,000.00View SEC Filing  
12/15/2014Gary W RollinsDirectorBuy415,800$11.99$4,985,442.00View SEC Filing  
12/11/2014R Randall RollinsMajor ShareholderBuy563,000$12.15$6,840,450.00View SEC Filing  
12/9/2014Gary W RollinsDirectorBuy665,400$12.21$8,124,534.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for RPC (NYSE:RES)
Latest Headlines for RPC (NYSE:RES)
Source:
DateHeadline
nasdaq.com logoTotal S.A. (TOT) Hits 52-Week High on Steady Performance
www.nasdaq.com - May 22 at 6:37 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for RPC, Inc.'s Q2 2017 Earnings (RES)
www.americanbankingnews.com - May 22 at 7:06 AM
americanbankingnews.com logoQ1 2018 EPS Estimates for RPC, Inc. Increased by SunTrust Banks (RES)
www.americanbankingnews.com - May 19 at 10:37 AM
americanbankingnews.com logoJefferies Group LLC Reiterates "$26.00" Price Target for RPC, Inc. (RES)
www.americanbankingnews.com - May 17 at 9:08 PM
finance.yahoo.com logoRPC, Inc. breached its 50 day moving average in a Bullish Manner : RES-US : May 16, 2017
finance.yahoo.com - May 16 at 9:35 AM
finance.yahoo.com logoETFs with exposure to RPC, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 6:43 PM
americanbankingnews.com logo Brokerages Anticipate RPC, Inc. (RES) Will Announce Quarterly Sales of $357.69 Million
www.americanbankingnews.com - May 13 at 9:42 AM
americanbankingnews.com logoRPC, Inc. (RES) Expected to Announce Earnings of $0.08 Per Share
www.americanbankingnews.com - May 11 at 8:42 AM
nasdaq.com logoOption traders take position in RPC Inc.
www.nasdaq.com - May 10 at 7:45 PM
finance.yahoo.com logoETFs with exposure to RPC, Inc. : May 4, 2017
finance.yahoo.com - May 4 at 7:43 PM
americanbankingnews.com logoRPC (RES) Earning Positive Media Coverage, Study Finds
www.americanbankingnews.com - May 3 at 7:44 PM
finance.yahoo.com logoRPC, Inc. :RES-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 7:27 PM
americanbankingnews.com logoRPC, Inc. (RES) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 3 at 11:36 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for RPC, Inc.'s FY2017 Earnings (RES)
www.americanbankingnews.com - May 1 at 9:38 AM
americanbankingnews.com logoJefferies Group Comments on RPC, Inc.'s Q2 2017 Earnings (RES)
www.americanbankingnews.com - May 1 at 7:42 AM
americanbankingnews.com logoRPC, Inc. (RES) Forecasted to Post Q2 2017 Earnings of $0.13 Per Share
www.americanbankingnews.com - May 1 at 7:41 AM
americanbankingnews.com logoRPC (RES) Receiving Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 30 at 5:45 PM
americanbankingnews.com logoRPC, Inc. (RES) Short Interest Update
www.americanbankingnews.com - April 30 at 10:30 AM
americanbankingnews.com logoRPC, Inc. (RES) Issues Earnings Results
www.americanbankingnews.com - April 29 at 1:26 AM
americanbankingnews.com logoRPC, Inc. (RES) Releases Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - April 29 at 1:25 AM
americanbankingnews.com logoGabelli Comments on RPC, Inc.'s FY2021 Earnings (RES)
www.americanbankingnews.com - April 29 at 12:48 AM
americanbankingnews.com logoRPC (RES) Given News Sentiment Score of 0.34
www.americanbankingnews.com - April 27 at 3:30 PM
seekingalpha.com logoRPC's (RES) CEO Rick Hubbell on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 10:56 AM
finance.yahoo.com logoEdited Transcript of RES earnings conference call or presentation 26-Apr-17 1:00pm GMT
finance.yahoo.com - April 27 at 10:56 AM
rttnews.com logoEARNINGS SUMMARY: Details of RPC Inc. Q1 Earnings Report
www.rttnews.com - April 26 at 5:45 PM
bizjournals.com logoRPC, Inc. Reports First Quarter 2017 Financial Results
www.bizjournals.com - April 26 at 5:45 PM
americanbankingnews.com logoRPC, Inc. (RES) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 26 at 4:34 PM
marketbeat.com logoRPC tops Street 1Q forecasts
marketbeat.com - April 26 at 7:46 AM
americanbankingnews.com logoRPC (RES) Receiving Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 24 at 7:46 PM
americanbankingnews.com logoRPC (RES) Receives Daily News Impact Rating of 0.41
www.americanbankingnews.com - April 20 at 9:23 PM
americanbankingnews.com logo-$0.04 EPS Expected for RPC, Inc. (RES) This Quarter
www.americanbankingnews.com - April 20 at 9:03 AM
americanbankingnews.com logoRPC, Inc. (RES) Earns Outperform Rating from Analysts at BMO Capital Markets
www.americanbankingnews.com - April 18 at 9:16 AM
americanbankingnews.com logoRPC (RES) Receives Daily News Sentiment Score of 0.47
www.americanbankingnews.com - April 17 at 1:06 PM
americanbankingnews.com logoWolfe Research Downgrades RPC, Inc. (RES) to Market Perform
www.americanbankingnews.com - April 17 at 12:58 PM
americanbankingnews.com logoRPC, Inc. (RES) PT Raised to $24.00
www.americanbankingnews.com - April 15 at 4:53 PM
americanbankingnews.com logoRPC (RES) Getting Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - April 14 at 6:51 PM
americanbankingnews.com logoRPC, Inc. Expected to Earn Q1 2017 Earnings of ($0.03) Per Share (RES)
www.americanbankingnews.com - April 13 at 7:44 AM
finance.yahoo.com logoRPC, Inc. – Value Analysis (NYSE:RES) : April 12, 2017
finance.yahoo.com - April 12 at 6:34 PM
finance.yahoo.com logoRPC, Inc. breached its 50 day moving average in a Bullish Manner : RES-US : April 11, 2017
finance.yahoo.com - April 11 at 10:04 AM
americanbankingnews.com logoJefferies Group LLC Reaffirms "Buy" Rating for RPC, Inc. (RES)
www.americanbankingnews.com - April 7 at 10:44 PM
americanbankingnews.com logoRPC, Inc. (RES) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 7 at 5:54 PM
finance.yahoo.com logoRPC, Inc. Announces Date for First Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - April 7 at 12:15 PM
finance.yahoo.com logoZacks.com featured highlights: Intrawest Resorts Holdings, U.S. Silica Holdings and RPC
finance.yahoo.com - March 31 at 7:40 PM
investopedia.com logo3 Stocks with Superb Earnings Acceleration to Buy Now
www.investopedia.com - March 30 at 7:45 PM
americanbankingnews.com logoRPC, Inc. (RES) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - March 29 at 11:31 PM
americanbankingnews.com logoRPC, Inc. (RES) Coverage Initiated at Tudor Pickering
www.americanbankingnews.com - March 29 at 8:26 AM
americanbankingnews.com logoRPC, Inc. (RES) Coverage Initiated by Analysts at Tudor Pickering
www.americanbankingnews.com - March 23 at 11:05 AM
americanbankingnews.com logoRPC, Inc. (RES) Given “Buy” Rating at FBR & Co
www.americanbankingnews.com - March 12 at 8:36 AM
americanbankingnews.com logoRPC, Inc. (RES) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 11 at 12:43 AM
nasdaq.com logoRPC Stock Getting Very Oversold
www.nasdaq.com - March 8 at 9:20 PM

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RPC (RES) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff