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

RPC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RES."

RPC announced a quarterly dividend on Wednesday, October 24th. Stockholders of record on Friday, November 9th will be paid a dividend of $0.10 per share on Monday, December 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Thursday, November 8th. View RPC's Dividend History.

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

RPC, Inc. (NYSE:RES) issued its earnings results on Wednesday, October, 24th. The oil and gas company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.04. The oil and gas company had revenue of $439.99 million for the quarter, compared to the consensus estimate of $456.54 million. RPC had a return on equity of 20.48% and a net margin of 12.40%. RPC's revenue for the quarter was down 6.6% on a year-over-year basis. During the same period last year, the business earned $0.26 EPS. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for RPC.

18 equities research analysts have issued 1 year price objectives for RPC's shares. Their forecasts range from $12.00 to $28.00. On average, they expect RPC's stock price to reach $16.6250 in the next year. This suggests a possible upside of 40.2% from the stock's current price. View Analyst Price Targets for RPC.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 2 sell ratings and 16 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

News coverage about RES stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. RPC earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next few days.

RPC saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 20,692,998 shares, an increase of 19.3% from the October 31st total of 17,344,216 shares. Based on an average daily trading volume, of 1,550,573 shares, the short-interest ratio is presently 13.3 days. Currently, 37.0% of the shares of the stock are short sold. View RPC's Current Options Chain.

Some companies that are related to RPC include Subsea 7 (SUBCY), Core Laboratories (CLB), Liberty Oilfield Services (LBRT), Oceaneering International (OII), Franks International (FI), SemGroup (SEMG), Helix Energy Solutions Group (HLX), C&J Energy Services (CJ), Select Energy Services (WTTR), Mammoth Energy Services (TUSK), Keane Group (FRAC), FTS International (FTSI), National Energy Services (NESR), Superior Energy Services (SPN) and Hurricane Energy (HRCXF).

RPC's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (3.19%), Vanguard Group Inc. (2.28%), AQR Capital Management LLC (1.61%), BlackRock Inc. (1.28%), Gabelli Funds LLC (1.25%) and FMR LLC (1.18%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Gary W Rollins. View Institutional Ownership Trends for RPC.

RES stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Alliancebernstein L.P., Vanguard Group Inc., BlackRock Inc., Teachers Advisors LLC, Deutsche Bank AG, JPMorgan Chase & Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

RES stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, BlueMountain Capital Management LLC, Royce & Associates LP, Deprince Race & Zollo Inc., AQR Capital Management LLC, Canada Pension Plan Investment Board and BTIM Corp.. View Insider Buying and Selling for 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.

One share of RES stock can currently be purchased for approximately $11.86.

RPC has a market capitalization of $2.55 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.

The official website for RPC is http://www.rpc.net.

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]