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

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$11.15 +0.11 (+1.00 %)
(As of 12/18/2018 04:00 PM ET)
Previous Close$11.04
Today's Range$10.94 - $11.49
52-Week Range$10.85 - $27.07
Volume2.49 million shs
Average Volume1.79 million shs
Market Capitalization$2.37 billion
P/E Ratio16.89
Dividend Yield3.63%
Beta0.7
RPC, Inc. 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. The Support Services segment provides a range of rental tools, including blowout preventors, high pressure manifolds and valves, hevi-wate drill pipes, tubing products, production related rental tools, pumps, diverters, drill pipes, drill collars, handling tools, Coflexip hoses, and Wear Knot drill pipes that are used for onshore and offshore oil and gas well drilling, completion, and workover activities. This segment also offers oilfield pipe inspection, and pipe management and storage services; and oilfield training and consulting services. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:RES
Previous Symbol
CUSIP74966010
Phone404-321-2140

Debt

Debt-to-Equity Ratio0.01
Current Ratio3.74
Quick Ratio3.01

Price-To-Earnings

Trailing P/E Ratio16.89
Forward P/E Ratio13.43
P/E Growth0.68

Sales & Book Value

Annual Sales$1.60 billion
Price / Sales1.50
Cash Flow$1.4462 per share
Price / Cash Flow7.71
Book Value$4.21 per share
Price / Book2.65

Profitability

EPS (Most Recent Fiscal Year)$0.66
Net Income$162.51 million
Net Margins12.40%
Return on Equity20.48%
Return on Assets16.01%

Miscellaneous

Employees3,500
Outstanding Shares214,800,000
Market Cap$2.37 billion
OptionableOptionable

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, October 24th. Stockholders of record on Friday, November 9th will be paid a dividend of $0.10 per share on Monday, December 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Thursday, November 8th. View RPC's Dividend History.

How will RPC's stock buyback program work?

RPC declared that its Board of Directors has approved a share buyback 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are undervalued.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) issued its earnings results on Wednesday, October, 24th. The oil and gas company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.04. The oil and gas company had revenue of $439.99 million for the quarter, compared to analyst estimates of $456.54 million. RPC had a net margin of 12.40% and a return on equity of 20.48%. The company's quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 EPS. View RPC's Earnings History.

When is RPC's next earnings date?

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

What price target have analysts set for RES?

19 Wall Street analysts have issued 12 month price targets for RPC's stock. Their forecasts range from $9.00 to $28.00. On average, they anticipate RPC's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 45.7% from the stock's current price. View Analyst Price Targets for RPC.

What is the consensus analysts' recommendation for RPC?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 3 sell ratings and 16 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Has RPC been receiving favorable news coverage?

Media coverage about RES stock has trended somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 1.9 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting RPC?

RPC saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 20,692,998 shares, an increase of 19.3% from the October 31st total of 17,344,216 shares. Based on an average daily trading volume, of 1,550,573 shares, the days-to-cover ratio is presently 13.3 days. Currently, 37.0% of the company's shares are short sold. View RPC's Current Options Chain.

Who are some of RPC's key competitors?

Who are RPC's key executives?

RPC's management team includes the folowing people:
  • Mr. Richard A. Hubbell, CEO, Pres & Director (Age 73)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer, Corp. Sec. & Principal Accounting Officer (Age 58)
  • Mr. James C. Landers, VP of Corp. Fin.

Who are RPC's major shareholders?

RPC's stock is owned by a number of of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (3.19%), Vanguard Group Inc (2.28%), Vanguard Group Inc. (2.28%), AQR Capital Management LLC (1.61%), BlackRock Inc. (1.28%) and Gabelli Funds LLC (1.25%). Company insiders that own RPC stock include Amy Rollins Kreisler and Ben M Palmer. 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 Franklin Resources Inc., Alliancebernstein L.P., Vanguard Group Inc., Vanguard Group Inc, BlackRock Inc., Teachers Advisors LLC, Deutsche Bank AG and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

Which major investors are buying RPC stock?

RES stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, BlueMountain Capital Management LLC, Federated Investors Inc. PA, Royce & Associates LP, Deprince Race & Zollo Inc., AQR Capital Management LLC and Canada Pension Plan Investment Board. 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, Scottrade, Fidelity and Charles Schwab.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $11.15.

How big of a company is RPC?

RPC has a market capitalization of $2.37 billion and generates $1.60 billion in revenue each year. The oil and gas company earns $162.51 million in net income (profit) each year or $0.66 on an earnings per share basis. RPC employs 3,500 workers across the globe.

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 520, 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:  325 (Vote Outperform)
Underperform Votes:  514 (Vote Underperform)
Total Votes:  839
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 12/18/2018 by MarketBeat.com Staff

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