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

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$15.13 +0.21 (+1.41 %)
(As of 07/16/2018 02:48 AM ET)
Previous Close$15.13
Today's Range$14.92 - $15.36
52-Week Range$13.55 - $27.07
Volume2.11 million shs
Average Volume2.03 million shs
Market Capitalization$3.26 billion
P/E Ratio22.92
Dividend Yield2.64%
Beta0.91
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

Stock Exchange NYSE
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 Ratio22.92
Forward P/E Ratio12.40
P/E Growth0.68

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales2.04
Cash Flow$1.4301 per share
Price / Cash10.58
Book Value$4.21 per share
Price / Book3.59

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
Market Cap$3,260.05

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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. Shareholders of record on Thursday, May 10th will be paid a dividend of $0.10 per share on Monday, June 11th. This represents a $0.40 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Wednesday, May 9th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC announced that its Board of Directors has authorized a share repurchase program on Thursday, February 15th 2018, which authorizes the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) announced its earnings results on Wednesday, April, 25th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 net margin of 12.17% and a return on equity of 22.05%. RPC's revenue for the quarter was up 46.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.02 earnings per share. 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?

18 Wall Street analysts have issued 1 year target prices for RPC's stock. Their predictions range from $15.00 to $28.00. On average, they anticipate RPC's stock price to reach $22.00 in the next year. This suggests a possible upside of 45.4% from the stock's current price. View Analyst Ratings 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 1 sell rating, 13 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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. " (7/3/2018)
  • 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 the month of 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 daily volume of 1,420,899 shares, the days-to-cover ratio is currently 14.7 days. Approximately 36.8% of the company's stock are sold short. 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?

Press coverage about RES stock has trended somewhat positive this week, according to Accern. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. RPC earned a coverage optimism score of 0.05 on Accern's scale. They also gave press coverage about the oil and gas company an impact score of 44.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are RPC's major shareholders?

RPC's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.21%) and Denali Advisors LLC (0.03%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Gary W Rollins. View Institutional Ownership Trends for RPC.

Which institutional investors are buying RPC stock?

RES stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Denali Advisors LLC. 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 $15.13.

How big of a company is RPC?

RPC has a market capitalization of $3.26 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 (NYSE RES)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  452 (Vote Underperform)
Total Votes:  739
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 7/16/2018 by MarketBeat.com Staff

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