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

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

RPC declared a quarterly dividend on Wednesday, January 23rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date is Friday, February 8th. View RPC's Dividend History.

RPC announced that its board has authorized 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. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

RPC, Inc. (NYSE:RES) posted its earnings results on Wednesday, January, 23rd. The oil and gas company reported $0.06 earnings per share 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 17.65% and a net margin of 10.19%. The business's revenue for the quarter was down 11.8% on a year-over-year basis. During the same period last year, the company earned $0.18 EPS. 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.

18 analysts have issued 1 year price objectives for RPC's shares. Their predictions range from $8.00 to $16.00. On average, they expect RPC's share price to reach $12.7857 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price. View Analyst Price Targets for RPC.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 7 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Media coverage about RES stock has been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. 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 1.7 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Some companies that are related to RPC include Subsea 7 (SUBCY), Core Laboratories (CLB), Liberty Oilfield Services (LBRT), Oceaneering International (OII), Propetro (PUMP), Franks International (FI), SemGroup (SEMG), C&J Energy Services (CJ), FTS International (FTSI), Keane Group (FRAC), Helix Energy Solutions Group (HLX), Mammoth Energy Services (TUSK), Select Energy Services (WTTR), Superior Energy Services (SPN) and National Energy Services (NESR).

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), Oasis Petroleum (OAS), Advanced Micro Devices (AMD) and CBL & Associates Properties (CBL).

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%), Van ECK Associates Corp (1.07%), Royce & Associates LP (0.96%) and Dimensional Fund Advisors LP (0.81%). 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, Bank of America Corp DE and Carmignac Gestion. View Insider Buying and Selling for RPC.

RES stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Van ECK Associates Corp, Royce & Associates LP, Prescott Group Capital Management L.L.C., First Trust Advisors LP, Dean Investment Associates LLC, Freestone Capital Holdings LLC and Victory Capital Management Inc.. 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 $10.80.

RPC has a market capitalization of $2.32 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 3,500 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]