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

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$10.07 -0.42 (-4.00 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$10.07
Today's Range$10.0550 - $10.46
52-Week Range$9.35 - $20.18
Volume1.72 million shs
Average Volume1.39 million shs
Market Capitalization$2.17 billion
P/E Ratio12.28
Dividend Yield3.81%
Beta0.98
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.

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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$1.5304 per share
Book Value$4.42 per share

Profitability

Net Income$175.40 million

Miscellaneous

Employees3,600
Market Cap$2.17 billion
Next Earnings Date4/24/2019 (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 announced a quarterly dividend on Wednesday, January 23rd. Stockholders of record on Monday, February 11th will be paid a dividend of $0.10 per share on Monday, March 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Friday, February 8th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC declared that its board has authorized a share buyback plan on Thursday, February 15th 2018, which permits the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) posted its quarterly earnings data on Wednesday, January, 23rd. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.04. The oil and gas company earned $376.80 million during the quarter, compared to analysts' expectations of $385.48 million. RPC had a net margin of 10.19% and a return on equity of 17.63%. The firm's revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.18 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 Wednesday, April 24th 2019. View Earnings Estimates for RPC.

What price target have analysts set for RES?

19 Wall Street analysts have issued 1-year price objectives for RPC's shares. Their predictions range from $8.00 to $16.00. On average, they expect RPC's share price to reach $12.60 in the next twelve months. This suggests a possible upside of 25.1% from the stock's current price. View Analyst Price Targets for RPC.

What is the consensus analysts' recommendation for RPC?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 8 sell ratings, 10 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?

News articles about RES stock have been trending somewhat positive on Saturday, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news 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 coverage optimism score of 0.6 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term.

Are investors shorting RPC?

RPC saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 19,848,003 shares, an increase of 36.2% from the February 15th total of 14,568,957 shares. Based on an average daily trading volume, of 1,524,018 shares, the short-interest ratio is currently 13.0 days. Currently, 35.6% of the shares of the stock are sold short. View RPC's Current Options Chain.

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.25%), Mackenzie Financial Corp (1.20%), Gamco Investors INC. ET AL (1.15%), FMR LLC (1.12%), Van ECK Associates Corp (1.07%) and Royce & Associates LP (0.96%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Pam R Rollins. View Institutional Ownership Trends for RPC.

Which institutional investors are selling RPC stock?

RES stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Gotham Asset Management LLC, South Street Advisors LLC, Creative Planning, Canada Pension Plan Investment Board, Investec Asset Management LTD, FMR LLC and Bank of America Corp DE. View Insider Buying and Selling for RPC.

Which institutional investors are buying RPC stock?

RES stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Van ECK Associates Corp, Royce & Associates LP, Norges Bank, Prescott Group Capital Management L.L.C., First Trust Advisors LP, Dean Investment Associates LLC and Freestone Capital Holdings 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 $10.07.

How big of a company is RPC?

RPC has a market capitalization of $2.17 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:  333 (Vote Outperform)
Underperform Votes:  529 (Vote Underperform)
Total Votes:  862
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 3/23/2019 by MarketBeat.com Staff

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