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

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

RPC declared 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 3.59%. The ex-dividend date of this dividend is Thursday, November 8th. View RPC's Dividend History.

RPC declared that its Board of Directors has approved a share buyback plan on Thursday, February 15th 2018, which permits the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are 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 analyst estimates of $456.54 million. RPC had a net margin of 12.40% and a return on equity of 20.48%. The company's quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $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.

19 Wall Street analysts have issued 12 month price targets for RPC's stock. Their forecasts range from $9.00 to $28.00. On average, they anticipate RPC's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 45.7% from the stock's current price. View Analyst Price Targets for RPC.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 3 sell ratings and 16 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Media coverage about RES stock has trended somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. RPC earned a news impact score of 1.9 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

RPC saw a increase in short interest during 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 days-to-cover ratio is presently 13.3 days. Currently, 37.0% of the company's shares 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), SemGroup (SEMG), Franks International (FI), C&J Energy Services (CJ), Helix Energy Solutions Group (HLX), Keane Group (FRAC), Mammoth Energy Services (TUSK), Select Energy Services (WTTR), FTS International (FTSI), National Energy Services (NESR), Hurricane Energy (HRCXF) and Superior Energy Services (SPN).

RPC's stock is owned by a number of of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (3.19%), Vanguard Group Inc (2.28%), Vanguard Group Inc. (2.28%), AQR Capital Management LLC (1.61%), BlackRock Inc. (1.28%) and Gabelli Funds LLC (1.25%). Company insiders that own RPC stock include Amy Rollins Kreisler and Ben M Palmer. 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., Vanguard Group Inc, BlackRock Inc., Teachers Advisors LLC, Deutsche Bank AG and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, BlueMountain Capital Management LLC, Federated Investors Inc. PA, Royce & Associates LP, Deprince Race & Zollo Inc., AQR Capital Management LLC and Canada Pension Plan Investment Board. 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 $11.15.

RPC has a market capitalization of $2.37 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]