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, January 23rd. Stockholders of record on Monday, February 11th will be paid a dividend of $0.10 per share on Monday, March 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Friday, February 8th. View RPC's Dividend History.

RPC declared that its Board of Directors has approved a share repurchase plan on Thursday, February 15th 2018, which allows the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

RPC, Inc. (NYSE:RES) announced its earnings results on Wednesday, January, 23rd. The oil and gas company reported $0.06 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.04. The oil and gas company had revenue of $376.80 million for the quarter, compared to the consensus estimate of $385.48 million. RPC had a return on equity of 17.63% and a net margin of 10.19%. The company's quarterly revenue was down 11.8% on a year-over-year basis. During the same quarter last year, the business posted $0.18 EPS. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for RPC.

19 analysts have issued twelve-month target prices for RPC's stock. Their forecasts range from $8.00 to $16.00. On average, they anticipate RPC's share price to reach $12.60 in the next year. This suggests a possible upside of 23.7% 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 8 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

News articles about RES stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. RPC earned a news impact score of -1.2 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 effect on the company's share price in the next several days.

RPC saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 19,848,003 shares, an increase of 36.2% from the February 15th total of 14,568,957 shares. Based on an average trading volume of 1,524,018 shares, the short-interest ratio is presently 13.0 days. Currently, 35.6% 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), Propetro (PUMP), Liberty Oilfield Services (LBRT), Oceaneering International (OII), Franks International (FI), Select Energy Services (WTTR), SemGroup (SEMG), Helix Energy Solutions Group (HLX), FTS International (FTSI), Keane Group (FRAC), C&J Energy Services (CJ), National Energy Services Reunited (NESR), Mammoth Energy Services (TUSK) and Superior Energy Services (SPN).

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Energy Transfer LP Unit (ET), El Pollo LoCo (LOCO), Chesapeake Energy (CHK), Range Resources (RRC), Ford Motor (F), Pfizer (PFE), AT&T (T), Advanced Micro Devices (AMD), CBL & Associates Properties (CBL) and Cornerstone Strategic Value Fund (CLM).

RPC's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.25%), Mackenzie Financial Corp (1.20%), Gamco Investors INC. ET AL (1.15%), FMR LLC (1.12%), Van ECK Associates Corp (1.07%) and Royce & Associates LP (0.96%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Pam R Rollins. View Institutional Ownership Trends for RPC.

RES stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Gotham Asset Management LLC, South Street Advisors LLC, Creative Planning, Canada Pension Plan Investment Board, Investec Asset Management LTD, FMR LLC and Bank of America Corp DE. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Van ECK Associates Corp, Royce & Associates LP, Norges Bank, Prescott Group Capital Management L.L.C., First Trust Advisors LP, Dean Investment Associates LLC and Freestone Capital Holdings LLC. Company insiders that have bought RPC stock in the last two years include Amy Rollins Kreisler and Pam R Rollins. 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 $10.19.

RPC has a market capitalization of $2.19 billion and generates $1.72 billion in revenue each year. The oil and gas company earns $175.40 million in net income (profit) each year or $0.82 on an earnings per share basis. RPC employs 3,600 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]