NYSE:RES - RPC Stock Price, Forecast & News

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

RPC declared a quarterly dividend on Wednesday, April 24th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.05 per share on Monday, June 10th. This represents a $0.20 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Thursday, May 9th. View RPC's Dividend History.

RPC announced that its board has initiated a stock buyback program 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 reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

RPC, Inc. (NYSE:RES) released its quarterly earnings data on Wednesday, October, 23rd. The oil and gas company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.07. The oil and gas company had revenue of $293.20 million for the quarter, compared to analysts' expectations of $336.48 million. RPC had a negative net margin of 3.70% and a positive return on equity of 0.09%. The company's quarterly revenue was down 33.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.23 earnings per share. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for RPC.

RPC will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 Wall Street analysts have issued 12-month price objectives for RPC's shares. Their forecasts range from $3.10 to $15.00. On average, they expect RPC's stock price to reach $7.58 in the next year. This suggests a possible upside of 70.3% from the stock's current price. View Analyst Price Targets for RPC.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 8 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

News articles about RES stock have trended extremely negative on Sunday, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. RPC earned a daily sentiment score of -4.5 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 company's share price in the near future. View News Stories for RPC.

RPC saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 22,640,000 shares, a decline of 7.4% from the November 28th total of 24,440,000 shares. Based on an average trading volume of 2,320,000 shares, the days-to-cover ratio is presently 9.8 days. Approximately 39.8% of the shares of the stock are sold short. View RPC's Current Options Chain.

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

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

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 $4.45.

RPC has a market capitalization of $954.53 million 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.View Additional Information About RPC.

The official website for RPC is http://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]