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, April 24th. Stockholders of record on Friday, May 10th will be given a dividend of $0.05 per share on Monday, June 10th. This represents a $0.20 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Thursday, May 9th. View RPC's Dividend History.

RPC announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 15th 2018, which permits the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

RPC, Inc. (NYSE:RES) issued its earnings results on Wednesday, April, 24th. The oil and gas company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.05. The oil and gas company earned $334.70 million during the quarter, compared to analyst estimates of $351.95 million. RPC had a return on equity of 11.99% and a net margin of 7.57%. RPC's revenue was down 23.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 earnings per share. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for RPC.

18 brokerages have issued 12-month price targets for RPC's shares. Their forecasts range from $8.00 to $16.00. On average, they anticipate RPC's share price to reach $12.3750 in the next twelve months. This suggests a possible upside of 54.5% 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 8 sell ratings, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Press coverage about RES stock has trended negative this week, according to InfoTrie. The research group scores the sentiment of news 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 positive five, with scores nearest to five being the most favorable. RPC earned a news impact score of -2.0 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include El Pollo LoCo (LOCO), Chesapeake Energy (CHK), Ford Motor (F), Energy Transfer LP Unit (ET), Range Resources (RRC), Oasis Petroleum (OAS), BreitBurn Energy Partners (BBEPQ), Advanced Micro Devices (AMD), CBL & Associates Properties (CBL) and QEP Resources (QEP).

RPC's stock is owned by a number of of institutional and retail investors. Top institutional investors include AQR Capital Management LLC (1.46%), BlackRock Inc. (1.26%), Gabelli Funds LLC (1.22%), Gamco Investors INC. ET AL (1.11%), Royce & Associates LP (0.97%) and Dimensional Fund Advisors LP (0.86%). 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 Morgan Stanley, Goldman Sachs Group Inc., AlphaOne Investment Services LLC, JPMorgan Chase & Co., Victory Capital Management Inc., Lombard Odier Asset Management USA Corp, Gamco Investors INC. ET AL and AQR Capital Management LLC. View Insider Buying and Selling for RPC.

RES stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Natixis, Sumitomo Mitsui Trust Holdings Inc., BTIM Corp., Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Dimensional Fund Advisors LP and Dean Investment Associates 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 $8.01.

RPC has a market capitalization of $1.72 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]