NYSE:RESRPC Stock Price, Forecast & News

RPC's stock was trading at $2.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RES shares have increased by 32.0% and is now trading at $2.97. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 5 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RPC.

RPC is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for RPC.

RPC, Inc. (NYSE:RES) announced its quarterly earnings data on Wednesday, May, 6th. The oil and gas company reported ($0.04) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.02. The oil and gas company had revenue of $243.80 million for the quarter, compared to the consensus estimate of $123.06 million. RPC had a negative net margin of 21.81% and a negative return on equity of 4.24%. The business's revenue was down 27.2% compared to the same quarter last year. View RPC's earnings history.

10 equities research analysts have issued 12 month target prices for RPC's shares. Their forecasts range from $2.30 to $5.00. On average, they anticipate RPC's stock price to reach $3.56 in the next year. This suggests a possible upside of 19.7% from the stock's current price. View analysts' price targets for RPC.

News coverage about RES stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. RPC earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about RPC.

Some companies that are related to RPC include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Era Group (ERA), Oil States International (OIS), Matrix Service (MTRX), Tidewater (TDW), Newpark Resources (NR), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Chesapeake Energy (CHK), Energy Transfer LP Unit (ET), Ford Motor (F), QEP Resources (QEP), El Pollo LoCo (LOCO), Oasis Petroleum (OAS), AT&T (T), Advanced Micro Devices (AMD), Centurylink (CTL) and Enterprise Products Partners (EPD).

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

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.

One share of RES stock can currently be purchased for approximately $2.97.

RPC has a market capitalization of $639.32 million and generates $1.22 billion in revenue each year. The oil and gas company earns $-87,110,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. RPC employs 2,700 workers across the globe.

The official website for RPC is www.rpc.net.

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]