RPC, Inc. (RES)

NYSE: RES · IEX Real-Time Price · USD
9.27
-0.01 (-0.11%)
At close: Feb 3, 2023, 4:00 PM
9.28
+0.01 (0.11%)
After-hours: Feb 3, 2023, 7:06 PM EST
-0.11%
Market Cap 2.01B
Revenue (ttm) 1.39B
Net Income (ttm) 143.70M
Shares Out 216.63M
EPS (ttm) 0.66
PE Ratio 14.05
Forward PE 16.29
Dividend $0.04 (0.43%)
Ex-Dividend Date Nov 9, 2022
Volume 1,134,000
Open 9.30
Previous Close 9.28
Day's Range 9.18 - 9.63
52-Week Range 5.70 - 12.91
Beta 1.79
Analysts Buy
Price Target 11.22 (+21.04%)
Earnings Date Jan 25, 2023

About RES

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... [Read more]

Sector Energy
Founded 1984
Employees 2,250
Stock Exchange NYSE
Ticker Symbol RES
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for RES stock is "Buy." The 12-month stock price forecast is $11.22, which is an increase of 21.04% from the latest price.

Price Target
$11.22
(21.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here's Why RPC (RES) is an Attractive Investment Bet Right Now

RPC (RES) expects continued drilling and completion activities as it begins the first quarter of 2023. This will translate into higher demand for its oilfield services and secure incremental cash flow...

1 day ago - Zacks Investment Research

Surging Earnings Estimates Signal Upside for RPC (RES) Stock

RPC (RES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

5 days ago - Zacks Investment Research

RPC (RES) Beats Q4 Earnings Estimates, Ups Capex Guidance

Higher activity levels in all the service lines and higher equipment utilization aid RPC's (RES) earnings in Q4.

1 week ago - Zacks Investment Research

RPC (RES) Surpasses Q4 Earnings and Revenue Estimates

RPC (RES) delivered earnings and revenue surprises of 36.67% and 7.24%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

RPC doubles dividend to boost yield above peers and S&P 500

Shares of RPC Inc. RES were indicated up about 4% in premarket trading Wednesday, after the oilfield services company doubled its dividend and beat fourth-quarter profit and revenue expectations. The ...

1 week ago - Market Watch

RPC, Inc. Announces Increase of 2 Cents Per Share to Regular Quarterly Cash Dividend

ATLANTA , Jan. 25, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a $ 0.02 per share increase to the regular quarterly cash dividend from $ 0.02 per sh...

1 week ago - PRNewsWire

RPC, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Net income of $87.0 million compared to $69.3 million in the third quarter of 2022 Diluted earnings per share of $0.40 compared to $0.32 in the third quarter of 2022 EBITDA1 of $135.5 million compared...

1 week ago - PRNewsWire

RPC, Inc. Announces Date for Fourth Quarter 2022 Financial Results and Conference Call

ATLANTA , Jan. 4, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2022 on Wednesday, January 25...

1 month ago - PRNewsWire

4 Oilfield Services Stocks to Gain From the Prospering Industry

With drillers returning to the oil patches, demand for oilfield services has improved significantly, making the outlook for the Zacks Oil and Gas- Field Services industry bright again. Among the front...

Other symbols: HALPUMPSLB
1 month ago - Zacks Investment Research

Has RPC (RES) Outpaced Other Oils-Energy Stocks This Year?

Here is how RPC (RES) and Select Energy Services (WTTR) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Why Is RPC (RES) Down 3.6% Since Last Earnings Report?

RPC (RES) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

RPC (RES) Recently Broke Out Above the 20-Day Moving Average

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

2 months ago - Zacks Investment Research

Are You Looking for a Top Momentum Pick? Why RPC (RES) is a Great Choice

Does RPC (RES) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 months ago - Zacks Investment Research

RPC's (RES) Earnings and Revenues Outpace Estimates in Q3

Higher activity levels in all the service lines and improved pricing aid RPC's (RES) Q3 earnings.

3 months ago - Zacks Investment Research

Timothy C. Rollins Appointed to the RPC, Inc. Board of Directors

ATLANTA , Oct. 31, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today the appointment of Timothy C. Rollins to the Board of Directors of the Company.

3 months ago - PRNewsWire

RPC (RES) Q3 Earnings and Revenues Surpass Estimates

RPC (RES) delivered earnings and revenue surprises of 28% and 10.69%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

RPC, Inc. Reports Third Quarter 2022 Financial Results

Net income of $69.3 million compared to $46.9 million in the second quarter of 2022 Diluted earnings per share of $0.32 compared to $0.22 in the second quarter of 2022 EBITDA1 of $113.0 million compar...

3 months ago - PRNewsWire

RPC, Inc. Announces Regular Quarterly Cash Dividend

ATLANTA , Oct. 26, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.02 per share payable December 9, 2022 to comm...

3 months ago - PRNewsWire

4 Oilfield Services Stocks to Gain From the Promising Industry

With drillers returning to the oil patches, demand for oilfield services has improved significantly, making the outlook for the Zacks Oil and Gas- Field Services industry bright again. Among the front...

Other symbols: HALPUMPSLB
4 months ago - Zacks Investment Research

RPC, Inc. Announces Date for Third Quarter 2022 Financial Results and Conference Call

ATLANTA , Oct. 5, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the third quarter ended September 30, 2022 on Wednesday, October 26, 2022 be...

4 months ago - PRNewsWire

RPC (RES) Stock Surges 90.2% in the Past Year: Here's Why

RPC (RES) has the financial capacity to make investments and generate strong cash flows.

5 months ago - Zacks Investment Research

RPC (RES) Recently Broke Out Above the 200-Day Moving Average

Should investors be excited or worried when a stock crosses above the 200-day simple moving average?

6 months ago - Zacks Investment Research

Wall Street Analysts Think RPC (RES) Could Surge 36%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 36.1% in RPC (RES). While the effectiveness of this highly sought-after metric is questionable, the positive tr...

6 months ago - Zacks Investment Research

RPC (RES) Down 5.3% Despite Q2 Earnings and Revenue Beat

Higher activity levels in all the service lines and improved pricing aid RPC's (RES) Q2 earnings.

6 months ago - Zacks Investment Research

Earnings Estimates Moving Higher for RPC (RES): Time to Buy?

RPC (RES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research