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 (WHO). Since then, RES stock has increased by 32.0% and is now trading at $2.97. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 5 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RPC.

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

RPC, Inc. (NYSE:RES) announced its quarterly earnings data on Wednesday, May, 6th. The oil and gas company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.02. The oil and gas company earned $243.80 million during the quarter, compared to analysts' expectations of $123.06 million. RPC had a negative return on equity of 4.24% and a negative net margin of 21.81%. The company's revenue for the quarter was down 27.2% on a year-over-year basis. View RPC's earnings history.

10 brokerages have issued 12-month target prices for RPC's stock. Their forecasts range from $2.30 to $5.00. On average, they expect RPC's stock price to reach $3.56 in the next year. This suggests a possible upside of 19.7% from the stock's current price. View analysts' price targets for RPC.

News headlines about RES stock have been trending somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. RPC earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news about RPC.

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

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

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

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 $2.97.

RPC has a market capitalization of $639.32 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.

The official website for RPC is 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]