NYSE:RES - RPC Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$8.47 -0.56 (-6.20 %)
(As of 05/23/2019 09:21 AM ET)
Previous Close$9.03
Today's Range$8.39 - $9.00
52-Week Range$8.39 - $18.83
Volume1.33 million shs
Average Volume1.89 million shs
Market Capitalization$1.82 billion
P/E Ratio10.33
Dividend Yield2.21%
Beta0.93
RPC, Inc., through its subsidiaries, 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.

Receive RES News and Ratings via Email

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

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.72 billion
Cash Flow$1.4938 per share
Book Value$4.31 per share

Profitability

Net Income$175.40 million

Miscellaneous

Employees3,600
Market Cap$1.82 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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 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.

How will RPC's stock buyback program work?

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.

How were RPC's earnings last quarter?

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.

When is RPC's next earnings date?

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

What price target have analysts set for RES?

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.

What is the consensus analysts' recommendation 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.

Has RPC been receiving favorable news coverage?

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.

Who are some of RPC's key competitors?

What other stocks do shareholders of RPC own?

Who are RPC's key executives?

RPC's management team includes the folowing people:
  • Mr. Richard A. Hubbell, CEO, Pres & Director (Age 74)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 59)
  • Mr. James C. Landers, VP of Corp. Fin.

Who are RPC's major shareholders?

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.

Which major investors are selling RPC stock?

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.

Which major investors are buying RPC stock?

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.

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 $8.47.

How big of a company is RPC?

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.

What is RPC's official website?

The official website for RPC is http://www.rpc.net/.

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 (NYSE RES)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  542 (Vote Underperform)
Total Votes:  882
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 5/23/2019 by MarketBeat.com Staff

Featured Article: Inflation

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel