NYSE:RES - RPC Stock Price, News & Analysis

$6.75
+1.09 (+19.26 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$5.93
Now: $6.75
$6.81
50-Day Range
$4.93
MA: $5.66
$6.25
52-Week Range
$4.88
Now: $6.75
$17.24
Volume6.66 million shs
Average Volume2.18 million shs
Market Capitalization$1.45 billion
P/E Ratio8.23
Dividend Yield3.53%
Beta1.08
RPC, Inc, through its subsidiaries, provides a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services offers pressure pumping, fracturing, acidizing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells. Read More…

Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP74966010
Phone404-321-2140

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.72 billion
Cash Flow$1.9231 per share
Book Value$4.42 per share

Profitability

Net Income$175.40 million

Miscellaneous

Employees3,600
Market Cap$1.45 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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RPC (NYSE:RES) Frequently Asked Questions

What is RPC's stock symbol?

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

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

RPC declared a quarterly dividend on Wednesday, April 24th. Stockholders 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 annualized dividend and a dividend yield of 2.96%. The ex-dividend date is Thursday, May 9th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC declared that its Board of Directors has initiated a stock buyback plan on Thursday, February 15th 2018, which authorizes the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) announced its quarterly earnings data on Wednesday, July, 24th. The oil and gas company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.01. The oil and gas company earned $358.50 million during the quarter, compared to analyst estimates of $362.40 million. RPC had a return on equity of 6.37% and a net margin of 4.55%. RPC's revenue was down 23.4% compared to the same quarter last year. During the same period last year, the company posted $0.28 earnings per share. View RPC's Earnings History.

When is RPC's next earnings date?

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for RPC.

What price target have analysts set for RES?

16 brokers have issued 12-month target prices for RPC's shares. Their predictions range from $4.50 to $15.00. On average, they expect RPC's stock price to reach $10.4231 in the next twelve months. This suggests a possible upside of 54.4% from the stock's current price. View Analyst Price Targets for RPC.

What is the consensus analysts' recommendation for RPC?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 8 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Has RPC been receiving favorable news coverage?

News articles about RES stock have trended somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. RPC earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for RPC.

Are investors shorting RPC?

RPC saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 28,730,200 shares, an increase of 51.2% from the July 31st total of 18,997,000 shares. Based on an average trading volume of 2,740,000 shares, the days-to-cover ratio is currently 10.5 days. Approximately 50.1% of the shares of the stock are sold short. View RPC's Current Options Chain.

Who are some of RPC's key competitors?

What other stocks do shareholders of RPC own?

Who are RPC's key executives?

RPC's management team includes the folowing people:
  • Mr. Richard A. Hubbell, CEO, Pres & Director (Age 74)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 59)
  • Mr. James C. Landers, VP of Corp. Fin.

Who are RPC's major shareholders?

RPC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.56%), AQR Capital Management LLC (2.01%), BlackRock Inc. (1.87%), Gabelli Funds LLC (1.17%), Gamco Investors INC. ET AL (1.07%) and Van ECK Associates Corp (1.05%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Pam R Rollins. View Institutional Ownership Trends for RPC.

Which major investors are selling RPC stock?

RES stock was sold by a variety of institutional investors in the last quarter, including RE Advisers Corp, Bank of America Corp DE, First Trust Advisors LP, Invesco Ltd., Price T Rowe Associates Inc. MD, Waddell & Reed Financial Inc., Mackenzie Financial Corp and Mackenzie Financial Corp. View Insider Buying and Selling for RPC.

Which major investors are buying RPC stock?

RES stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Canada Pension Plan Investment Board, Van ECK Associates Corp, Victory Capital Management Inc., JPMorgan Chase & Co., Morgan Stanley and Cibc World Markets Corp. 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.

How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $6.75.

How big of a company is RPC?

RPC has a market capitalization of $1.45 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.View Additional Information About RPC.

What is RPC's official website?

The official website for RPC is http://www.rpc.net/.

How can I contact RPC?

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]


MarketBeat Community Rating for RPC (NYSE RES)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  355 (Vote Outperform)
Underperform Votes:  559 (Vote Underperform)
Total Votes:  914
MarketBeat's community ratings are surveys of what our community members think about RPC and other stocks. Vote "Outperform" if you believe RES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RES will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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