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NYSE:RES

RPC - RES Stock Forecast, Price & News

$9.46
+0.05 (+0.53%)
(As of 02/7/2023 09:47 AM ET)
Add
Compare
Today's Range
$9.33
$9.56
50-Day Range
$7.92
$9.99
52-Week Range
$5.70
$12.91
Volume
20,299 shs
Average Volume
1.38 million shs
Market Capitalization
$2.05 billion
P/E Ratio
9.37
Dividend Yield
0.86%
Price Target
$11.50

RPC MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
22.2% Upside
$11.50 Price Target
Short Interest
Bearish
7.04% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.18mentions of RPC in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.82 M Sold Last Quarter
Proj. Earnings Growth
7.60%
From $1.71 to $1.84 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Oils/Energy Sector

122nd out of 237 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

11th out of 19 stocks

RES stock logo

About RPC (NYSE:RES) Stock

RPC, Inc. engages in the exploration, production and development of oil and gas properties. It operates through the following segments: Technical Services and Support Services. The Technical Services segment provides oil and gas, fracturing, acidizing, coiled tubing, snubbing, nitrogen, well control, wireline and fishing services. The Support Services segment offers oilfield pipe inspection services and rental tools for use with onshore and offshore oil and gas well drilling. The company was founded in 1984 and is headquartered in Atlanta, GA.

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RES Stock News Headlines

Jim Cramer’s Favorite Energy and Bank Stock Picks
RPC (NYSE:RES) Stock Price Down 5.7%
One Stock To Watch Closely
Today's stock market news features a uranium stock with blue sky potential.
RPC, Inc. (NYSE:RES) Q4 2022 Earnings Call Transcript
Is This Stock On Your Radar
This stock is positioned like its peers that cashed out.
Why Is RPC (RES) Down 3.6% Since Last Earnings Report?
RPC Third Quarter 2022 Earnings: Beats Expectations
Is RPC, Inc. (NYSE:RES) Trading At A 48% Discount?
RPC (RES) Q3 Earnings and Revenues Surpass Estimates
RPC: Q3 Earnings Insights
Ankr become an RPC provider to the Aptos Blockchain
RPC (RES) Stock Moves -1.14%: What You Should Know
See More Headlines
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RES Company Calendar

Ex-Dividend for 12/9 Dividend
11/09/2022
Dividend Payable
12/09/2022
Last Earnings
1/25/2023
Today
2/07/2023
Ex-Dividend for 3/10 Dividend
2/09/2023
Dividend Payable
3/10/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
74966010
Employees
2,250
Year Founded
1984

Price Target and Rating

Average Stock Price Forecast
$11.50
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+21.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$218.36 million
Pretax Margin
18.08%

Debt

Sales & Book Value

Annual Sales
$1.60 billion
Cash Flow
$1.43 per share
Book Value
$3.96 per share

Miscellaneous

Free Float
73,871,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
1.78

Social Links


Key Executives

  • Ben M. PalmerBen M. Palmer
    President, Chief Executive Officer & Director
  • Michael L. Schmit
    Secretary, Chief Financial & Accounting Officer
  • James C. Landers
    Vice President-Corporate Services













RES Stock - Frequently Asked Questions

Should I buy or sell RPC stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RES, but not buy additional shares or sell existing shares.
View RES analyst ratings
or view top-rated stocks.

What is RPC's stock price forecast for 2023?

2 brokerages have issued 1 year price objectives for RPC's stock. Their RES share price forecasts range from $10.00 to $13.00. On average, they expect the company's share price to reach $11.50 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price.
View analysts price targets for RES
or view top-rated stocks among Wall Street analysts.

How have RES shares performed in 2023?

RPC's stock was trading at $8.89 at the start of the year. Since then, RES stock has increased by 5.8% and is now trading at $9.41.
View the best growth stocks for 2023 here
.

When is RPC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our RES earnings forecast
.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) posted its earnings results on Wednesday, January, 25th. The oil and gas company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.29 by $0.12. The oil and gas company had revenue of $482 million for the quarter, compared to analysts' expectations of $462.37 million. RPC had a trailing twelve-month return on equity of 29.45% and a net margin of 13.63%. RPC's quarterly revenue was up 79.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.06 earnings per share.

How often does RPC pay dividends? What is the dividend yield for RPC?

RPC declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.04 per share on Friday, March 10th. This represents a $0.16 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Thursday, February 9th. This is an increase from the stock's previous quarterly dividend of $0.02.
Read our dividend analysis for RES
.

Is RPC a good dividend stock?

RPC (NYSE:RES) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RES will have a dividend payout ratio of 8.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RES.

What is Richard A. Hubbell's approval rating as RPC's CEO?

8 employees have rated RPC Chief Executive Officer Richard A. Hubbell on Glassdoor.com. Richard A. Hubbell has an approval rating of 52% among the company's employees. This puts Richard A. Hubbell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RPC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Chesapeake Energy (CHKAQ), Energy Transfer (ET), Ford Motor (F), QEP Resources (QEP), Oasis Petroleum (OAS), General Electric (GE), Lumen Technologies (LUMN), Marathon Oil (MRO), Pfizer (PFE) and AT&T (T).

What is RPC's stock symbol?

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

Who are RPC's major shareholders?

RPC's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mraz Amerine & Associates Inc. (0.16%), Los Angeles Capital Management LLC (0.10%), Bridge City Capital LLC (0.10%), Ziegler Capital Management LLC (0.06%), Alpha DNA Investment Management LLC (0.06%) and New York State Common Retirement Fund (0.05%). Insiders that own company stock include Amy Rollins Kreisler, Ben M Palmer, Gary W Rollins, Harry J Cynkus, Lor Inc, Manish Potti, Pam R Rollins and Rollins Holding Company, Inc.
View institutional ownership trends
.

How do I buy shares of RPC?

Shares of RES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $9.41.

How much money does RPC make?

RPC (NYSE:RES) has a market capitalization of $2.04 billion and generates $1.60 billion in revenue each year. The oil and gas company earns $218.36 million in net income (profit) each year or $1.01 on an earnings per share basis.

How many employees does RPC have?

The company employs 2,250 workers across the globe.

Does RPC have any subsidiaries?
The following companies are subsidiares of RPC: Bronco Oilfield Services, Bronco Oilfield Services Inc., Chippewa Sand Company LLC, Cudd Energy Services Australia Pty Ltd, Cudd Energy Services Gabon SARL, Cudd Pressure Control Inc., Cudd Pumping Services Inc., International Training Services Inc., Patterson Services Inc., Patterson Truck Line Inc., RPC Beijing, RPC Energy International Inc., RPC Energy Services of Canada Ltd, RPC Energy de Mexico, RPC Investment Company, RPC Waste Management Services Inc., SITECH North and Central Florida, Sand Investment Company, Thru Tubing Solutions, Thru Tubing Solutions Australia Pty Ltd, and Well Control School Australia Pty Ltd.
Read More
How can I contact RPC?

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 300, ATLANTA GA, 30329. The official website for the company is www.rpc.net. The oil and gas company can be reached via phone at (404) 321-2140, via email at jlanders@rpc.net, or via fax at 404-321-5483.

This page (NYSE:RES) was last updated on 2/7/2023 by MarketBeat.com Staff