NYSE:RES

RPC (RES) Stock Price, News & Analysis

$7.96
0.00 (0.00%)
(As of 04/22/2024 ET)
Today's Range
$7.74
$8.06
50-Day Range
$6.86
$8.04
52-Week Range
$6.34
$9.41
Volume
1.92 million shs
Average Volume
1.58 million shs
Market Capitalization
$1.71 billion
P/E Ratio
8.84
Dividend Yield
2.01%
Price Target
$8.00

RPC MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
0.6% Upside
$8.00 Price Target
Short Interest
Bearish
15.97% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

1.19 out of 5 stars

Oils/Energy Sector

210th out of 236 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

15th out of 17 stocks

RES stock logo

About RPC Stock (NYSE:RES)

RPC, Inc., through its subsidiaries, engages provision of 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 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. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Latin America, the Middle East, and internationally. The company was incorporated in 1984 and is headquartered in Atlanta, Georgia.

RES Stock Price History

RES Stock News Headlines

RPC (RES) Scheduled to Post Earnings on Thursday
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CPK: Raising target price to $109.00
[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
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
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
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/11 Dividend
2/08/2024
Dividend Payable
3/11/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/25/2024
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
2,691
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+0.6%
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
$1.47 per share
Book Value
$4.72 per share

Miscellaneous

Free Float
85,316,000
Market Cap
$1.71 billion
Optionable
Optionable
Beta
1.60

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RES Stock Analysis - Frequently Asked Questions

Should I buy or sell RPC stock right now?

2 Wall Street 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 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 12-month target prices for RPC's stock. Their RES share price targets range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 0.6% 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 9.3% and is now trading at $7.9550.
View the best growth stocks for 2024 here
.

When is RPC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our RES earnings forecast
.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) issued its quarterly earnings data on Thursday, January, 25th. The oil and gas company reported $0.19 EPS for the quarter, topping 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 trailing twelve-month return on equity of 21.26% and a net margin of 12.06%. The business's revenue was down 18.2% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Investors 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 annualized dividend and a yield of 2.01%. 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 2.01%. 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 of Directors has initiated a stock repurchase program on Wednesday, April 26th 2023, which authorizes the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors 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 retail and institutional investors. Top institutional shareholders include Partnership Wealth Management LLC (0.11%), Bridge City Capital LLC (0.11%), Wasatch Advisors LP (0.07%), State of Alaska Department of Revenue (0.02%), IMC Chicago LLC (0.00%) and Register Financial Advisors LLC (0.00%). 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.
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This page (NYSE:RES) was last updated on 4/22/2024 by MarketBeat.com Staff

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