Free Trial
NYSE:RES

RPC (RES) Stock Price, News & Analysis

$6.96
+0.04 (+0.58%)
(As of 07/26/2024 ET)
Today's Range
$6.83
$7.18
50-Day Range
$5.72
$7.26
52-Week Range
$5.66
$9.41
Volume
3.92 million shs
Average Volume
1.69 million shs
Market Capitalization
$1.49 billion
P/E Ratio
9.95
Dividend Yield
2.30%
Price Target
$6.25

RPC MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
10.3% Downside
$6.25 Price Target
Short Interest
Bearish
15.35% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of RPC in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
53.62%
From $0.69 to $1.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.07 out of 5 stars

Oils/Energy Sector

179th out of 248 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

12th out of 18 stocks

RES stock logo

About RPC Stock (NYSE:RES)

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. The Support Services segment provides a range of rental tools for onshore and offshore oil and gas well drilling, completion, and workover activities. This segment also offers oilfield pipe inspection, and pipe management and storage services, as well as well control training and consulting services. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Latin America, the Middle East, and internationally. The company was incorporated in 1984 and is headquartered in Atlanta, Georgia.

RES Stock Price History

RES Stock News Headlines

RPC (NYSE:RES) Shares Gap Up Following Dividend Announcement
RPC Inc. Q2 Profit Decreases, But Beats Estimates
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
RES Stock Earnings: RPC Beats EPS, Misses Revenue for Q2 2024
RPC (RES) to Release Earnings on Thursday
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
RPC, Inc. (NYSE:RES) Q1 2024 Earnings Call Transcript
RPC (NYSE:RES) Is Due To Pay A Dividend Of $0.04
RPC, Inc. (RES) Q1 2024 Earnings Call Transcript
See More Headlines
Receive RES Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for RPC and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 6/10 Dividend
5/09/2024
Dividend Payable
6/10/2024
Last Earnings
7/25/2024
Today
7/26/2024
Ex-Dividend for 9/10 Dividend
8/09/2024
Dividend Payable
9/10/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
74966010
Employees
2,691
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$6.25
High Stock Price Target
$7.00
Low Stock Price Target
$5.25
Potential Upside/Downside
-10.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$195.11 million
Pretax Margin
13.10%

Debt

Sales & Book Value

Annual Sales
$1.62 billion
Cash Flow
$1.77 per share
Book Value
$4.72 per share

Miscellaneous

Free Float
84,881,000
Market Cap
$1.49 billion
Optionable
Optionable
Beta
1.59

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

RES Stock Analysis - Frequently Asked Questions

How have RES shares performed this year?

RPC's stock was trading at $7.28 on January 1st, 2024. Since then, RES shares have decreased by 4.3% and is now trading at $6.9650.
View the best growth stocks for 2024 here
.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) released its earnings results on Thursday, July, 25th. The oil and gas company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.02. The firm's revenue was down 12.4% on a year-over-year basis.

Is RPC doing a stock buyback?

RPC's board approved a stock buyback plan on Wednesday, April 26th 2023, which allows the company to buy back 8,000,000 shares, according to EventVestor. This allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

What is Richard A. Hubbell's approval rating as RPC's CEO?

8 employees have rated RPC Chief Executive Officer Richard A. Hubbell on Glassdoor.com. Richard A. Hubbell has an approval rating of 52% among the company's employees. This puts Richard A. Hubbell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does RPC have any subsidiaries?

RPC subsidiaries include SITECH North and Central Florida, Bronco Oilfield Services, Bronco Oilfield Services Inc., Chippewa Sand Company LLC, Cudd Energy Services Australia Pty Ltd, Cudd Energy Services Gabon SARL, Cudd Pressure Control Inc., and others.

Who are RPC's major shareholders?

Top institutional investors of RPC include Bank of New York Mellon Corp (0.76%), Partnership Wealth Management LLC (0.07%) and CWM LLC. Insiders that own company stock include Lor Inc, Amy Rollins Kreisler, Gary W Rollins, Pam R Rollins, Rollins Holding Company, Inc and Ben M Palmer.
View institutional ownership trends
.

How do I buy shares of RPC?

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

What other stocks do shareholders of RPC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RPC investors own include Chesapeake Energy (CHKAQ), Energy Transfer (ET), Ford Motor (F), QEP Resources (QEP), Oasis Petroleum (OAS), General Electric (GE) and Lumen Technologies (LUMN).

This page (NYSE:RES) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners