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NYSE:RESRPC Stock Price, Forecast & News

$4.16
+0.50 (+13.66 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$3.76
Now: $4.16
$4.23
50-Day Range
$2.24
MA: $3.04
$3.59
52-Week Range
$1.72
Now: $4.16
$7.72
Volume1.48 million shs
Average Volume1.81 million shs
Market Capitalization$895.48 million
P/E RatioN/A
Dividend YieldN/A
Beta2.14
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 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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Beat the Market (BTM) Rank

Analyst Opinion: 1.8Community Rank: 2.0Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.25 out of 5 stars


Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
CUSIP74966010
Phone404-321-2140

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.22 billion
Cash Flow$0.83 per share
Book Value$3.87 per share

Profitability

Net Income$-87,110,000.00

Miscellaneous

Employees2,700
Market Cap$895.48 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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RPC (NYSE:RES) Frequently Asked Questions

How has RPC's stock been impacted by COVID-19 (Coronavirus)?

RPC's stock was trading at $2.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RES shares have increased by 84.9% and is now trading at $4.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of RPC?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 6 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RPC.

When is RPC's next earnings date?

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

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) issued its earnings results on Wednesday, May, 6th. The oil and gas company reported ($0.04) EPS for the quarter, beating the Zacks' 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 business's quarterly revenue was down 27.2% on a year-over-year basis. View RPC's earnings history.

What price target have analysts set for RES?

11 Wall Street analysts have issued 1 year price objectives for RPC's stock. Their forecasts range from $2.30 to $5.00. On average, they anticipate RPC's share price to reach $3.56 in the next twelve months. This suggests that the stock has a possible downside of 14.5%. View analysts' price targets for RPC.

Has RPC been receiving favorable news coverage?

News stories about RES stock have been trending negative on Saturday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. RPC earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutRPC.

Are investors shorting RPC?

RPC saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 12,190,000 shares, a decline of 24.3% from the April 15th total of 16,100,000 shares. Based on an average daily trading volume, of 2,090,000 shares, the days-to-cover ratio is currently 5.8 days. Currently, 21.8% of the shares of the stock are sold short. View RPC's Current Options Chain.

Who are some of RPC's key competitors?

What other stocks do shareholders of RPC own?

Who are RPC's key executives?

RPC's management team includes the following people:
  • Mr. Richard A. Hubbell, CEO, Pres & Director (Age 74)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 59)
  • Mr. James C. Landers, VP of Corp. Fin.

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.01%), Alliancebernstein L.P. (1.93%), Van ECK Associates Corp (1.44%), Gamco Investors INC. ET AL (1.30%), Gabelli Funds LLC (1.13%) and Aristotle Capital Boston LLC (1.12%). 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 Alliancebernstein L.P., Public Sector Pension Investment Board, Jane Street Group LLC, Virtus ETF Advisers LLC, Two Sigma Investments LP, Voloridge Investment Management LLC, First Trust Advisors LP, and Canada Pension Plan Investment Board. View insider buying and selling activity for RPC.

Which major investors are buying RPC stock?

RES stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Federated Hermes Inc., Deutsche Bank AG, JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Parametric Portfolio Associates LLC, and Citigroup Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $4.16.

How big of a company is RPC?

RPC has a market capitalization of $895.48 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.

What is RPC's official website?

The official website for RPC is www.rpc.net.

How can I contact RPC?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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