NYSE:RES - RPC Stock Price, Price Target & More

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$14.18 +0.22 (+1.58 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$14.18
Today's Range$13.97 - $14.92
52-Week Range$13.78 - $27.07
Volume3.23 million shs
Average Volume2.11 million shs
Market Capitalization$3.01 billion
P/E Ratio15.51
Dividend Yield2.87%
Beta0.84
RPC logoRPC, Inc. provides 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 offers pressure pumping, fracturing, acidizing, 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, including blowout preventors, high pressure manifolds and valves, hevi-wate drill pipes, tubing products, production related rental tools, pumps, diverters, drill pipes, drill collars, handling tools, Coflexip hoses, and Wear Knot drill pipes that are used 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; and oilfield training and consulting services. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.

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Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:RES
CUSIP74966010
Phone404-321-2140

Debt

Debt-to-Equity RatioN/A
Current Ratio3.65
Quick Ratio2.98

Price-To-Earnings

Trailing P/E Ratio15.51
Forward P/E Ratio11.25
P/E Growth0.62

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales1.92
Cash Flow$1.4529 per share
Price / Cash9.76
Book Value$4.21 per share
Price / Book3.37

Profitability

EPS (Most Recent Fiscal Year)$0.66
Net Income$162.51 million
Net Margins12.17%
Return on Equity22.05%
Return on Assets17.11%

Miscellaneous

Employees3,500
Outstanding Shares215,470,000

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RPC (NYSE:RES) Frequently Asked Questions

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, April 25th. Stockholders of record on Thursday, May 10th will be given a dividend of $0.10 per share on Monday, June 11th. This represents a $0.40 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Wednesday, May 9th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC declared that its board has initiated a share buyback plan on Thursday, February 15th 2018, which allows the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) released its quarterly earnings data on Wednesday, April, 25th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.04. The oil and gas company earned $436.33 million during the quarter, compared to analyst estimates of $461.47 million. RPC had a return on equity of 22.05% and a net margin of 12.17%. The company's revenue was up 46.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS. View RPC's Earnings History.

When is RPC's next earnings date?

RPC is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for RPC.

What price target have analysts set for RES?

19 equities research analysts have issued 1-year price objectives for RPC's shares. Their predictions range from $17.00 to $28.00. On average, they expect RPC's share price to reach $22.8333 in the next twelve months. View Analyst Ratings for RPC.

What are Wall Street analysts saying about RPC stock?

Here are some recent quotes from research analysts about RPC stock:
  • 1. According to Zacks Investment Research, "RPC, Inc. provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties. It operates its business through two business segments- Technical Services and Support Services. Services and products offered by the Company include Cudd Pumping, Coiled Tubing, Snubbing, Nitrogen Units, Thru Tubing Solutions, Wireline, Fluid Pumps, Well Control, Production Rental Tools, Patterson Rental Tools, Patterson Tubular Services and Well Control School. The Company's products and services can be found throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC, Inc. is headquartered in Atlanta, Georgia. " (6/20/2018)
  • 2. FBR & Co analysts commented, "Relative to consensus, RES reported slightly lower revenue but higher EBITDA — $471.0M and $137.5M versus $474.5M and $135.5M — and in line recurring EPS of $0.28. GAAP EPS of $0.26 includes a negative tax adjustment of $0.02. RES burnished its sterling reputation for returning capital, increasing the regular dividend and declaring another special. We are lifting our (1) 2018 EBITDA/EPS from $622M/ $1.27 to $716M/$1.55 to reflect RES’s newbuild horsepower (HHP) order and further expected pricing and efficiency gains, and (2) price target from $24 to $27 on our target EV/EBITDA multiple of 7.9x applied to new EBITDA." (10/26/2017)

Are investors shorting RPC?

RPC saw a increase in short interest in May. As of May 31st, there was short interest totalling 20,817,326 shares, an increase of 32.9% from the May 15th total of 15,662,371 shares. Based on an average trading volume of 1,420,899 shares, the days-to-cover ratio is presently 14.7 days. Currently, 36.8% of the company's stock are short sold. View RPC's Current Options Chain.

Who are some of RPC's key competitors?

Who are RPC's key executives?

RPC's management team includes the folowing people:
  • Mr. Richard A. Hubbell, CEO, Pres & Director (Age 73)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer, Corp. Sec. & Principal Accounting Officer (Age 58)
  • Mr. James C. Landers, VP of Corp. Fin.

Has RPC been receiving favorable news coverage?

News stories about RES stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RPC earned a news sentiment score of 0.18 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 46.81 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are RPC's major shareholders?

RPC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.38%), Gabelli Funds LLC (1.22%), Gamco Investors INC. ET AL (1.09%), Victory Capital Management Inc. (0.98%), Van ECK Associates Corp (0.94%) and Dimensional Fund Advisors LP (0.70%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Gary W Rollins. View Institutional Ownership Trends for RPC.

Which major investors are selling RPC stock?

RES stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Millennium Management LLC, Chicago Equity Partners LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, State of Wisconsin Investment Board, Stifel Financial Corp and Alambic Investment Management L.P.. View Insider Buying and Selling for RPC.

Which major investors are buying RPC stock?

RES stock was bought by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., Russell Investments Group Ltd., Scout Investments Inc., Dimensional Fund Advisors LP, South Street Advisors LLC, Fisher Asset Management LLC, US Bancorp DE and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

How do I buy shares of 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.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $14.18.

How big of a company is RPC?

RPC has a market capitalization of $3.01 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.

How can I contact RPC?

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]


MarketBeat Community Rating for RPC (RES)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  444 (Vote Underperform)
Total Votes:  725
MarketBeat's community ratings are surveys of what our community members think about RPC and other stocks. Vote "Outperform" if you believe RES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RES will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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