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. Investors 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 2.98%. The ex-dividend date of this dividend is Thursday, November 8th. View RPC's Dividend History.

RPC announced that its board has approved a share 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. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

RPC, Inc. (NYSE:RES) announced its earnings results on Wednesday, October, 24th. The oil and gas company reported $0.19 EPS for the quarter, missing the Zacks' 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%. The company's quarterly revenue was down 6.6% on a year-over-year basis. During the same period in the prior year, the company 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.

18 equities research analysts have issued 12 month target prices for RPC's stock. Their predictions range from $12.00 to $28.00. On average, they expect RPC's share price to reach $16.6250 in the next year. This suggests a possible upside of 23.7% 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.

Press coverage about RES stock has trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. 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 daily sentiment score of 1.5 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.

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), Keane Group (FRAC), C&J Energy Services (CJ), FTS International (FTSI), Mammoth Energy Services (TUSK), Superior Energy Services (SPN), Helix Energy Solutions Group (HLX), Select Energy Services (WTTR), National Energy Services (NESR) and Hurricane Energy (HRCXF).

RPC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (3.19%), AQR Capital Management LLC (1.61%), BlackRock Inc. (1.28%), Gabelli Funds LLC (1.25%), FMR LLC (1.18%) and Gamco Investors INC. ET AL (1.17%). 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., BlackRock Inc., Deutsche Bank AG, JPMorgan Chase & Co., JPMorgan Chase & Co., Man Group plc and Paloma Partners Management Co. View Insider Buying and Selling for RPC.

RES stock was purchased 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 $13.44.

RPC has a market capitalization of $2.88 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]