NYSE:RESRPC Stock Price, Forecast & News

RPC's stock was trading at $2.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RES stock has increased by 19.1% and is now trading at $2.68. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 8 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for RPC.

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

RPC, Inc. (NYSE:RES) released its quarterly earnings results on Wednesday, January, 29th. The oil and gas company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.04. The oil and gas company had revenue of $236 million for the quarter, compared to the consensus estimate of $237.54 million. RPC had a negative net margin of 7.13% and a negative return on equity of 3.00%. The business's revenue was down 37.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 EPS. View RPC's earnings history.

RPC announced a quarterly dividend on Wednesday, April 24th. Investors 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 7.46%. The ex-dividend date of this dividend is Thursday, May 9th. View RPC's dividend history.

12 Wall Street analysts have issued 12-month price targets for RPC's shares. Their forecasts range from $1.85 to $9.50. On average, they expect RPC's share price to reach $4.12 in the next year. This suggests a possible upside of 53.6% from the stock's current price. View analysts' price targets for RPC.

News stories about RES stock have trended very negative on Thursday, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutRPC.

RPC saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 20,232,900 shares, an increase of 22.6% from the February 27th total of 16,500,000 shares. Based on an average daily volume of 1,990,000 shares, the short-interest ratio is currently 10.2 days. Currently, 36.2% of the shares of the company are short sold. 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), Seacor (CKH), Oceaneering International (OII), Tidewater (TDW), Matrix Service (MTRX), Helix Energy Solutions Group (HLX), Oil States International (OIS), McDermott International (MDR), Era Group (ERA), Geospace Technologies (GEOS) and Newpark Resources (NR).

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), Advanced Micro Devices (AMD), El Pollo LoCo (LOCO), Centurylink (CTL), Oasis Petroleum (OAS), Enterprise Products Partners (EPD), Marathon Oil (MRO) and QEP Resources (QEP).

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

RPC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%). Company insiders that own RPC stock include Ben M Palmer and Pam R Rollins. View institutional ownership trends for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of RES stock can currently be purchased for approximately $2.68.

RPC has a market capitalization of $574.67 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. 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]