NYSE:RES - RPC Stock Price, News & Analysis

$5.66
+0.07 (+1.25 %)
(As of 09/15/2019 06:27 AM ET)
Today's Range
$5.53
Now: $5.66
$5.79
50-Day Range
$4.93
MA: $5.66
$6.25
52-Week Range
$4.88
Now: $5.66
$17.24
Volume1.24 million shs
Average Volume1.99 million shs
Market Capitalization$1.21 billion
P/E Ratio19.96
Dividend Yield3.58%
Beta1.08
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. Read More…

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$1.6125 per share
Book Value$4.42 per share

Profitability

Net Income$175.40 million

Miscellaneous

Employees3,600
Market Cap$1.21 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, April 24th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.05 per share on Monday, June 10th. This represents a $0.20 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, May 9th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC declared that its board has approved a stock 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 typically a sign that the company's board of directors believes its shares are undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) issued its quarterly earnings results on Wednesday, July, 24th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The oil and gas company had revenue of $358.50 million for the quarter, compared to analyst estimates of $362.40 million. RPC had a net margin of 4.55% and a return on equity of 6.37%. The firm's quarterly revenue was down 23.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 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, October 23rd 2019. View Earnings Estimates for RPC.

What price target have analysts set for RES?

16 brokerages have issued 12-month target prices for RPC's stock. Their predictions range from $4.50 to $15.00. On average, they expect RPC's stock price to reach $10.4231 in the next twelve months. This suggests a possible upside of 84.2% from the stock's current price. View Analyst Price Targets for RPC.

What is the consensus analysts' recommendation for RPC?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 8 sell ratings, 6 hold ratings and 2 buy ratings 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 trended somewhat positive recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RPC earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for RPC.

Are investors shorting RPC?

RPC saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 28,730,200 shares, an increase of 51.2% from the July 31st total of 18,997,000 shares. Based on an average daily trading volume, of 2,740,000 shares, the short-interest ratio is currently 10.5 days. Currently, 50.1% of the company's shares 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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.56%), AQR Capital Management LLC (2.01%), BlackRock Inc. (1.87%), Gabelli Funds LLC (1.17%), Gamco Investors INC. ET AL (1.07%) and Van ECK Associates Corp (1.05%). 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 RE Advisers Corp, Bank of America Corp DE, First Trust Advisors LP, Invesco Ltd., Price T Rowe Associates Inc. MD, Waddell & Reed Financial Inc., Mackenzie Financial Corp and Mackenzie Financial Corp. View Insider Buying and Selling for RPC.

Which institutional investors are buying RPC stock?

RES stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Canada Pension Plan Investment Board, Van ECK Associates Corp, Victory Capital Management Inc., JPMorgan Chase & Co., Morgan Stanley and Cibc World Markets Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $5.66.

How big of a company is RPC?

RPC has a market capitalization of $1.21 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.View Additional Information About RPC.

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 300, 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:  355 (Vote Outperform)
Underperform Votes:  559 (Vote Underperform)
Total Votes:  914
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 9/15/2019 by MarketBeat.com Staff

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