QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
NYSE:RES

RPC (RES) Stock Forecast, Price & News

$9.23
-0.05 (-0.54%)
(As of 09/28/2023 ET)
Compare
Today's Range
$9.17
$9.41
50-Day Range
$7.99
$9.28
52-Week Range
$6.54
$11.40
Volume
1.75 million shs
Average Volume
1.41 million shs
Market Capitalization
$2.00 billion
P/E Ratio
6.84
Dividend Yield
1.73%
Price Target
$7.25

RPC MarketRank™ Forecast

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
21.5% Downside
$7.25 Price Target
Short Interest
Bearish
9.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of RPC in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.19%
From $1.18 to $1.43 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.86 out of 5 stars

Oils/Energy Sector

190th out of 247 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

15th out of 20 stocks


RES stock logo

About RPC (NYSE:RES) Stock

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 Price History

RES Stock News Headlines

New Breakthrough "Living Software" Has Been…
New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia The Washington Post Reports: "It's a big reason David is beating Goliath..." The Wall Street Journal Reports: "it's a technical revolution." Jeff Bezos Said: "It's in the realm of science fiction." Early investors can reap 5,633% gains on the small company revolutionizing warfare >>>
Better Than Oil Stocks?
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.
RPC, Inc. Reports Second Quarter 2023 Financial Results
RPC Inc. Q2 Profit Increases, but misses estimates
Q2 2023 RPC Inc Earnings Call
RES - RPC, Inc.
Analyst Ratings for RPC
Shifting Sands: RPC In A Volatile Oil Market
Citigroup Downgrades RPC (RES)
See More Headlines
Receive RES Stock News and Ratings via Email

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

RES Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 9/11 Dividend
8/09/2023
Dividend Payable
9/11/2023
Today
9/28/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$7.25
High Stock Price Forecast
$7.50
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
-21.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$218.36 million
Pretax Margin
20.97%

Debt

Sales & Book Value

Annual Sales
$1.60 billion
Cash Flow
$1.47 per share
Book Value
$3.96 per share

Miscellaneous

Free Float
84,400,000
Market Cap
$2.00 billion
Optionable
Optionable
Beta
1.81

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Mr. Richard A. Hubbell (Age 78)
    Exec. Chairman
    Comp: $1.47M
  • Mr. Ben M. PalmerMr. Ben M. Palmer (Age 63)
    CEO, Pres & Director
    Comp: $1.47M
  • Mr. Michael L. Schmit (Age 49)
    VP, CFO & Corp. Sec.
    Comp: $619.39k













RES Stock - Frequently Asked Questions

Should I buy or sell RPC stock right now?

2 Wall Street 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 research analysts is that investors should "reduce" RES shares.
View RES analyst ratings
or view top-rated stocks.

What is RPC's stock price forecast for 2023?

2 Wall Street research analysts have issued 1-year target prices for RPC's shares. Their RES share price forecasts range from $7.00 to $7.50. On average, they anticipate the company's stock price to reach $7.25 in the next twelve months. This suggests that the stock has a possible downside of 21.5%.
View analysts price targets for RES
or view top-rated stocks among Wall Street analysts.

How have RES shares performed in 2023?

RPC's stock was trading at $8.89 at the start of the year. Since then, RES shares have increased by 3.8% and is now trading at $9.23.
View the best growth stocks for 2023 here
.

When is RPC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our RES earnings forecast
.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) posted its quarterly earnings data on Wednesday, July, 26th. The oil and gas company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.13. The oil and gas company earned $415.90 million during the quarter, compared to the consensus estimate of $480.20 million. RPC had a net margin of 15.97% and a trailing twelve-month return on equity of 34.87%. The business's revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share.

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

RPC declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.04 per share on Monday, September 11th. This represents a $0.16 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Wednesday, August 9th.
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 1.82%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RES will have a dividend payout ratio of 11.19% 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 share buyback program on Wednesday, April 26th 2023, which permits the company to buyback 8,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board believes its stock is 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).

What is RPC's stock symbol?

RPC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RES."

Who are RPC's major shareholders?

RPC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.09%), Dimensional Fund Advisors LP (3.18%), Van ECK Associates Corp (1.96%), State Street Corp (1.71%), Gamco Investors INC. ET AL (1.42%) and Gamco Investors INC. ET AL (1.42%). Insiders that own company stock include Amy Rollins Kreisler, Ben M Palmer, Gary W Rollins, Harry J Cynkus, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $9.23.

How much money does RPC make?

RPC (NYSE:RES) has a market capitalization of $2.00 billion and generates $1.60 billion in revenue each year. The oil and gas company earns $218.36 million in net income (profit) each year or $1.35 on an earnings per share basis.

How many employees does RPC have?

The company employs 2,732 workers across the globe.

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
How can I contact RPC?

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 300, ATLANTA GA, 30329. The official website for the company is www.rpc.net. The oil and gas company can be reached via phone at (404) 321-2140, via email at jlanders@rpc.net, or via fax at 404-321-5483.

This page (NYSE:RES) was last updated on 9/28/2023 by MarketBeat.com Staff

My Account -