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

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$10.19 +0.12 (+1.19 %)
(As of 03/26/2019 04:09 AM ET)
Previous Close$10.07
Today's Range$9.89 - $10.22
52-Week Range$9.35 - $20.18
Volume974,317 shs
Average Volume1.77 million shs
Market Capitalization$2.19 billion
P/E Ratio12.43
Dividend Yield3.97%
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$1.6123 per share
Book Value$4.42 per share

Profitability

Net Income$175.40 million

Miscellaneous

Employees3,600
Market Cap$2.19 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 declared 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 3.93%. The ex-dividend date of this dividend is Friday, February 8th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC declared that its Board of Directors has approved a share repurchase plan on Thursday, February 15th 2018, which allows the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) announced its earnings results on Wednesday, January, 23rd. The oil and gas company reported $0.06 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.04. The oil and gas company had revenue of $376.80 million for the quarter, compared to the consensus estimate of $385.48 million. RPC had a return on equity of 17.63% and a net margin of 10.19%. The company's quarterly revenue was down 11.8% on a year-over-year basis. During the same quarter last year, the business posted $0.18 EPS. 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 analysts have issued twelve-month target prices for RPC's stock. Their forecasts range from $8.00 to $16.00. On average, they anticipate RPC's share price to reach $12.60 in the next year. This suggests a possible upside of 23.7% 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 negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. RPC earned a news impact score of -1.2 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

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 trading volume of 1,524,018 shares, the short-interest ratio is presently 13.0 days. Currently, 35.6% of the shares of the stock are short sold. 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 variety 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 bought 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 $10.19.

How big of a company is RPC?

RPC has a market capitalization of $2.19 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:  335 (Vote Outperform)
Underperform Votes:  531 (Vote Underperform)
Total Votes:  866
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 3/26/2019 by MarketBeat.com Staff

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