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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
Expert who called the bottom of the 2020 and 2022 crashes releases new forecast: (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The single greatest medical breakthrough of all time? (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
The single greatest medical breakthrough of all time? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
Expert who called the bottom of the 2020 and 2022 crashes releases new forecast: (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The single greatest medical breakthrough of all time? (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
The single greatest medical breakthrough of all time? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
Expert who called the bottom of the 2020 and 2022 crashes releases new forecast: (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The single greatest medical breakthrough of all time? (Ad)
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
The single greatest medical breakthrough of all time? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:RES

RPC - RES Stock Forecast, Price & News

$9.03
-0.23 (-2.48%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$9.02
$9.53
50-Day Range
$6.37
$11.13
52-Week Range
$3.82
$12.91
Volume
686,261 shs
Average Volume
1.41 million shs
Market Capitalization
$1.96 billion
P/E Ratio
13.48
Dividend Yield
0.86%
Price Target
$11.50

RPC MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
27.4% Upside
$11.50 Price Target
Short Interest
Healthy
6.46% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$11.20 M Sold Last Quarter
Proj. Earnings Growth
45.05%
From $0.91 to $1.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Oils/Energy Sector

95th out of 247 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

9th out of 20 stocks

RES stock logo

About RPC (NYSE:RES) Stock

RPC, Inc., through its subsidiaries, 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 segment offers pressure pumping, fracturing, acidizing, cementing, 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 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, as well as well control training and consulting services. The company 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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RES Stock News Headlines

Why Is RPC (RES) Down 3.6% Since Last Earnings Report?
RPC (NYSE:RES) Shares Down 7.8%
RPC Third Quarter 2022 Earnings: Beats Expectations
Is RPC, Inc. (NYSE:RES) Trading At A 48% Discount?
RPC (RES) Q3 Earnings and Revenues Surpass Estimates
RPC: Q3 Earnings Insights
Ankr become an RPC provider to the Aptos Blockchain
RPC (RES) Stock Moves -1.14%: What You Should Know
RPC (RES) Stock Moves -0.56%: What You Should Know
See More Headlines
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RES Company Calendar

Ex-Dividend for 9/9 Dividend
8/09/2022
Dividend Payable
9/09/2022
Last Earnings
10/26/2022
Ex-Dividend for 12/9 Dividend
11/09/2022
Today
12/01/2022
Dividend Payable
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/25/2023

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
74966010
Employees
2,250
Year Founded
1984

Price Target and Rating

Average Stock Price Forecast
$11.50
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+27.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$7.22 million
Pretax Margin
14.15%

Debt

Sales & Book Value

Annual Sales
$864.93 million
Cash Flow
$0.37 per share
Book Value
$3.57 per share

Miscellaneous

Free Float
73,871,000
Market Cap
$1.96 billion
Optionable
Optionable
Beta
1.79

Social Links


Key Executives

  • Mr. Richard A. Hubbell (Age 77)
    Exec. Chairman
    Comp: $984.41k
  • Mr. Ben M. PalmerMr. Ben M. Palmer (Age 62)
    CEO, Pres & Director
    Comp: $473.86k
  • Mr. Michael L. Schmit (Age 49)
    CFO & Corp. Sec.
  • Mr. James C. Landers
    VP of Corp. Fin.













RES Stock - Frequently Asked Questions

Should I buy or sell RPC stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RES, but not buy additional shares or sell existing shares.
View RES analyst ratings
or view top-rated stocks.

What is RPC's stock price forecast for 2023?

2 brokers have issued 1 year price targets for RPC's stock. Their RES share price forecasts range from $10.00 to $13.00. On average, they expect the company's share price to reach $11.50 in the next year. This suggests a possible upside of 26.0% from the stock's current price.
View analysts price targets for RES
or view top-rated stocks among Wall Street analysts.

How have RES shares performed in 2022?

RPC's stock was trading at $4.54 on January 1st, 2022. Since then, RES stock has increased by 101.1% and is now trading at $9.13.
View the best growth stocks for 2022 here
.

When is RPC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our RES earnings forecast
.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) announced its quarterly earnings results on Wednesday, October, 26th. The oil and gas company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.07. The oil and gas company earned $459.60 million during the quarter, compared to analysts' expectations of $415.20 million. RPC had a trailing twelve-month return on equity of 20.68% and a net margin of 10.35%.

How often does RPC pay dividends? What is the dividend yield for RPC?

RPC declared a quarterly dividend on Wednesday, October 26th. Investors of record on Thursday, November 10th will be given a dividend of $0.02 per share on Friday, December 9th. This represents a $0.08 annualized dividend and a yield of 0.88%. The ex-dividend date is Wednesday, November 9th.
Read our dividend analysis for RES
.

Is RPC a good dividend stock?

RPC (NYSE:RES) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.88%. The dividend payout ratio is 11.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RES will have a dividend payout ratio of 6.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RES.

What is Richard A. Hubbell's approval rating as RPC's CEO?

8 employees have rated RPC Chief Executive Officer Richard A. Hubbell on Glassdoor.com. Richard A. Hubbell has an approval rating of 52% among the company's employees. This puts Richard A. Hubbell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RPC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Chesapeake Energy (CHKAQ), Energy Transfer (ET), Ford Motor (F), QEP Resources (QEP), Oasis Petroleum (OAS), General Electric (GE), Lumen Technologies (LUMN), Marathon Oil (MRO), Pfizer (PFE) and AT&T (T).

What is RPC's stock symbol?

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

Who are RPC's major shareholders?

RPC's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (5.88%), Vanguard Group Inc. (4.45%), Dimensional Fund Advisors LP (2.52%), Van ECK Associates Corp (2.23%), State Street Corp (1.82%) and Gamco Investors INC. ET AL (1.45%). Insiders that own company stock include Amy Rollins Kreisler, Ben M Palmer, Gary W Rollins, Harry J Cynkus, Lor Inc, Manish Potti, Pam R Rollins and Rollins Holding Company, Inc.
View institutional ownership trends
.

How do I buy shares of RPC?

Shares of RES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $9.13.

How much money does RPC make?

RPC (NYSE:RES) has a market capitalization of $1.98 billion and generates $864.93 million in revenue each year. The oil and gas company earns $7.22 million in net income (profit) each year or $0.67 on an earnings per share basis.

How many employees does RPC have?

The company employs 2,250 workers across the globe.

Does RPC have any subsidiaries?
The following companies are subsidiares of RPC: Bronco Oilfield Services, Bronco Oilfield Services Inc., Chippewa Sand Company LLC, Cudd Energy Services Australia Pty Ltd, Cudd Energy Services Gabon SARL, Cudd Pressure Control Inc., Cudd Pumping Services Inc., International Training Services Inc., Patterson Services Inc., Patterson Truck Line Inc., RPC Beijing, RPC Energy International Inc., RPC Energy Services of Canada Ltd, RPC Energy de Mexico, RPC Investment Company, RPC Waste Management Services Inc., SITECH North and Central Florida, Sand Investment Company, Thru Tubing Solutions, Thru Tubing Solutions Australia Pty Ltd, and Well Control School Australia Pty Ltd.
Read More
How can I contact RPC?

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 300, ATLANTA GA, 30329. The official website for the company is www.rpc.net. The oil and gas company can be reached via phone at (404) 321-2140, via email at jlanders@rpc.net, or via fax at 404-321-5483.

This page (NYSE:RES) was last updated on 12/2/2022 by MarketBeat.com Staff