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NYSE:RES

RPC (RES) Stock Price, News & Analysis

$7.33
+0.01 (+0.14%)
(As of 01:45 PM ET)
Today's Range
$7.30
$7.51
50-Day Range
$6.43
$7.62
52-Week Range
$6.34
$9.78
Volume
547,705 shs
Average Volume
1.69 million shs
Market Capitalization
$1.59 billion
P/E Ratio
8.14
Dividend Yield
2.18%
Price Target
$7.75

RPC MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
5.7% Upside
$7.75 Price Target
Short Interest
Bearish
18.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of RPC in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.41%
From $0.88 to $1.13 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.

1.60 out of 5 stars

Oils/Energy Sector

200th out of 244 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

18th out of 20 stocks


RES stock logo

About RPC Stock (NYSE:RES)

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. It 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. The company operates in the United States, Africa, Canada, Argentina, China, Mexico, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.

RES Stock Price History

RES Stock News Headlines

Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
RPC, Inc.
RPC (NYSE:RES) Could Be A Buy For Its Upcoming Dividend
RPC, Inc. (NYSE:RES) Q4 2023 Earnings Call Transcript
RPC Inc. Q4 Profit Decreases, but beats estimates
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
RPC (RES) Q4 Earnings and Revenues Surpass Estimates
RPC Q4 2023 Earnings Preview
Why Is RPC (RES) Down 11.7% Since Last Earnings Report?
RPC Caught In The Market's Crosswinds
RPC Inc RES
RPC (RES) Q3 Earnings Lag Estimates, Revenues Fall Y/Y
The RPC Inc (RES) Company: A Short SWOT Analysis
RPC, Inc. (NYSE:RES) Q3 2023 Earnings Call Transcript
RPC declares $0.04 dividend
RPC Inc. Q3 Profit Decreases, misses estimates
See More Headlines
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Company Calendar

Ex-Dividend for 12/11 Dividend
11/09/2023
Dividend Payable
12/11/2023
Last Earnings
1/25/2024
Ex-Dividend for 3/11 Dividend
2/08/2024
Today
2/29/2024
Dividend Payable
3/11/2024
Next Earnings (Estimated)
4/24/2024
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
2,732
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$7.75
High Stock Price Target
$8.00
Low Stock Price Target
$7.50
Potential Upside/Downside
+5.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$195.11 million
Pretax Margin
15.84%

Debt

Sales & Book Value

Annual Sales
$1.62 billion
Cash Flow
$1.46 per share
Book Value
$4.72 per share

Miscellaneous

Free Float
84,400,000
Market Cap
$1.58 billion
Optionable
Optionable
Beta
1.61

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RES Stock Analysis - Frequently Asked Questions

Should I buy or sell RPC stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" RES shares.
View RES analyst ratings
or view top-rated stocks.

What is RPC's stock price target for 2024?

2 Wall Street research analysts have issued 1-year price targets for RPC's stock. Their RES share price targets range from $7.50 to $8.00. On average, they anticipate the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for RES
or view top-rated stocks among Wall Street analysts.

How have RES shares performed in 2024?

RPC's stock was trading at $7.28 at the beginning of 2024. Since then, RES stock has increased by 0.7% and is now trading at $7.33.
View the best growth stocks for 2024 here
.

Are investors shorting RPC?

RPC saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 14,330,000 shares, an increase of 9.2% from the January 15th total of 13,120,000 shares. Based on an average daily volume of 1,780,000 shares, the short-interest ratio is presently 8.1 days. Approximately 14.8% of the company's shares are sold short.
View RPC's Short Interest
.

When is RPC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our RES earnings forecast
.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) posted its quarterly earnings data on Thursday, January, 25th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. The oil and gas company had revenue of $394.50 million for the quarter, compared to analyst estimates of $374.22 million. RPC had a net margin of 12.06% and a trailing twelve-month return on equity of 21.26%. RPC's quarterly revenue was down 18.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 EPS.

How often does RPC pay dividends? What is the dividend yield for RPC?

RPC declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Friday, February 9th will be paid a dividend of $0.04 per share on Monday, March 11th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for RES
.

Is RPC a good dividend stock?

RPC (NYSE:RES) pays an annual dividend of $0.16 per share and currently has a dividend yield of 2.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RES will have a dividend payout ratio of 14.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RES.

How will RPC's stock buyback program work?

RPC declared that its board has authorized a share buyback plan on Wednesday, April 26th 2023, which permits the company to buyback 8,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually an indication 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.

What other stocks do shareholders of RPC own?

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

Who are RPC's major shareholders?

RPC's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.85%), Dimensional Fund Advisors LP (4.01%), Pacer Advisors Inc. (3.82%), Gamco Investors INC. ET AL (1.39%), Van ECK Associates Corp (1.38%) and Gabelli Funds LLC (1.05%). Insiders that own company stock include Amy Rollins Kreisler, Ben M Palmer, Gary W Rollins, Lor Inc, Manish Potti, Pam R Rollins and Rollins Holding Company, Inc.
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.

Does RPC have any subsidiaries?
The following companies are subsidiares of RPC: 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., Cudd Pumping Services Inc., International Training Services Inc., Patterson Services Inc., Patterson Truck Line Inc., RPC Beijing, RPC Energy International Inc., RPC Energy Services of Canada Ltd, RPC Energy de Mexico, RPC Investment Company, RPC Waste Management Services Inc., SITECH North and Central Florida, Sand Investment Company, Thru Tubing Solutions, Thru Tubing Solutions Australia Pty Ltd, and Well Control School Australia Pty Ltd.
Read More
This page (NYSE:RES) was last updated on 2/29/2024 by MarketBeat.com Staff