NYSE:RES - RPC Stock Price, News, & Analysis

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

RPC announced a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Monday, February 11th will be given a dividend of $0.10 per share on Monday, March 11th. This represents a $0.40 annualized dividend and a yield of 3.97%. The ex-dividend date is Friday, February 8th. View RPC's Dividend History.

RPC declared that its board has initiated a share repurchase plan on Thursday, February 15th 2018, which permits the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

RPC, Inc. (NYSE:RES) released its quarterly earnings data on Wednesday, January, 23rd. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.04. The oil and gas company earned $376.80 million during 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%. RPC's quarterly revenue was down 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.18 earnings per share. 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 Wall Street analysts have issued twelve-month price targets for RPC's stock. Their forecasts range from $8.00 to $16.00. On average, they anticipate RPC's stock price to reach $12.60 in the next twelve months. This suggests a possible upside of 25.1% 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 trended neutral on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. RPC earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.

RPC saw a increase in short interest in 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 daily trading volume, of 1,524,018 shares, the days-to-cover ratio is currently 13.0 days. Currently, 35.6% of the company's shares are sold short. 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), Helix Energy Solutions Group (HLX), SemGroup (SEMG), 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 many different 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 purchased 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 $10.07.

RPC has a market capitalization of $2.17 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]