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

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$14.05 -0.22 (-1.54 %)
(As of 06/19/2018 04:00 PM ET)
Previous Close$14.27
Today's Range$13.78 - $14.13
52-Week Range$13.78 - $27.07
Volume2.47 million shs
Average Volume1.86 million shs
Market Capitalization$3.05 billion
P/E Ratio21.27
Dividend Yield2.82%
Beta0.84
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

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 Ratio21.27
Forward P/E Ratio11.15
P/E Growth0.62

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales1.90
Cash Flow$1.4192 per share
Price / Cash9.90
Book Value$4.21 per share
Price / Book3.34

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

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, 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 2.85%. The ex-dividend date of this dividend is Wednesday, May 9th. View RPC's Dividend History.

How will RPC's stock buyback program work?

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

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) issued its earnings results on Wednesday, April, 25th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.04. The oil and gas company earned $436.33 million during the quarter, compared to the consensus estimate of $461.47 million. RPC had a net margin of 12.17% and a return on equity of 22.05%. RPC's quarterly revenue was up 46.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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?

19 brokerages have issued 1 year target prices for RPC's shares. Their predictions range from $17.00 to $28.00. On average, they expect RPC's share price to reach $22.6563 in the next twelve months. View Analyst Ratings for RPC.

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. " (5/3/2018)
  • 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 during 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 short-interest ratio is presently 14.7 days. Approximately 36.8% of the company's shares are short sold.

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?

News coverage about RES stock has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. RPC earned a news impact score of 0.17 on Accern's scale. They also assigned press coverage about the oil and gas company an impact score of 47.14 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are RPC's major shareholders?

RPC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.38%), Gabelli Funds LLC (1.22%), Gamco Investors INC. ET AL (1.09%), Victory Capital Management Inc. (0.98%), Van ECK Associates Corp (0.94%) and Dimensional Fund Advisors LP (0.70%). 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 selling RPC stock?

RES stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Millennium Management LLC, Chicago Equity Partners LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, State of Wisconsin Investment Board, Stifel Financial Corp and Alambic Investment Management L.P.. 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 Carillon Tower Advisers Inc., Russell Investments Group Ltd., Scout Investments Inc., Dimensional Fund Advisors LP, South Street Advisors LLC, Fisher Asset Management LLC, US Bancorp DE and JPMorgan Chase & Co.. 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 $14.05.

How big of a company is RPC?

RPC has a market capitalization of $3.05 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 (RES)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  441 (Vote Underperform)
Total Votes:  722
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 6/19/2018 by MarketBeat.com Staff

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