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, October 24th. Stockholders of record on Friday, November 9th will be given a dividend of $0.10 per share on Monday, December 10th. This represents a $0.40 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, November 8th. View RPC's Dividend History.

RPC declared that its board has authorized a share repurchase program on Thursday, February 15th 2018, which authorizes the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

RPC, Inc. (NYSE:RES) released its earnings results on Wednesday, October, 24th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.04. The oil and gas company earned $439.99 million during the quarter, compared to analysts' expectations of $456.54 million. RPC had a return on equity of 20.48% and a net margin of 12.40%. RPC's quarterly revenue was down 6.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 earnings per share. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for RPC.

19 Wall Street analysts have issued twelve-month target prices for RPC's shares. Their predictions range from $9.00 to $28.00. On average, they anticipate RPC's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 47.3% from the stock's current price. View Analyst Price Targets for RPC.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 3 sell ratings and 16 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

News articles about RES stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. RPC earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave media 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 impact on the company's share price in the near term.

RPC saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 20,692,998 shares, an increase of 19.3% from the October 31st total of 17,344,216 shares. Based on an average daily trading volume, of 1,550,573 shares, the short-interest ratio is currently 13.3 days. Approximately 37.0% of the shares of the company are sold short. View RPC's Current Options Chain.

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

RPC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (3.19%), Vanguard Group Inc (2.28%), Vanguard Group Inc. (2.28%), AQR Capital Management LLC (1.61%), BlackRock Inc. (1.28%) and Gabelli Funds LLC (1.25%). Company insiders that own RPC stock include Amy Rollins Kreisler and Ben M Palmer. View Institutional Ownership Trends for RPC.

RES stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Alliancebernstein L.P., Vanguard Group Inc., Vanguard Group Inc, BlackRock Inc., Teachers Advisors LLC, Deutsche Bank AG and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, BlueMountain Capital Management LLC, Federated Investors Inc. PA, Royce & Associates LP, Deprince Race & Zollo Inc., AQR Capital Management LLC and Canada Pension Plan Investment Board. 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 $11.03.

RPC has a market capitalization of $2.37 billion and generates $1.60 billion in revenue each year. The oil and gas company earns $162.51 million in net income (profit) each year or $0.66 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]