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, April 24th. Investors of record on Friday, May 10th will be given a dividend of $0.05 per share on Monday, June 10th. This represents a $0.20 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Thursday, May 9th. View RPC's Dividend History.

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

RPC, Inc. (NYSE:RES) posted its earnings results on Wednesday, April, 24th. The oil and gas company reported ($0.02) EPS for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.05. The oil and gas company earned $334.70 million during the quarter, compared to analyst estimates of $351.95 million. RPC had a net margin of 7.57% and a return on equity of 11.99%. RPC's revenue for the quarter was down 23.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.24 EPS. View RPC's Earnings History.

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

18 brokers have issued 12 month target prices for RPC's stock. Their forecasts range from $8.00 to $16.00. On average, they anticipate RPC's share price to reach $12.3750 in the next twelve months. This suggests a possible upside of 46.1% 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 8 sell ratings, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Media headlines about RES stock have trended very negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. RPC earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include El Pollo LoCo (LOCO), Chesapeake Energy (CHK), Ford Motor (F), Energy Transfer LP Unit (ET), Range Resources (RRC), Oasis Petroleum (OAS), BreitBurn Energy Partners (BBEPQ), Advanced Micro Devices (AMD), CBL & Associates Properties (CBL) and QEP Resources (QEP).

RPC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include AQR Capital Management LLC (1.46%), BlackRock Inc. (1.26%), Gabelli Funds LLC (1.22%), Gamco Investors INC. ET AL (1.11%), Royce & Associates LP (0.97%) and Dimensional Fund Advisors LP (0.86%). 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 Morgan Stanley, Goldman Sachs Group Inc., AlphaOne Investment Services LLC, JPMorgan Chase & Co., Victory Capital Management Inc., Lombard Odier Asset Management USA Corp, Gamco Investors INC. ET AL and AQR Capital Management LLC. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Natixis, Sumitomo Mitsui Trust Holdings Inc., BTIM Corp., Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Dimensional Fund Advisors LP and Dean Investment Associates LLC. 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 $8.47.

RPC has a market capitalization of $1.82 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 3,600 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]