RPC, Inc. (RES)

NYSE: RES · IEX Real-Time Price · USD
7.35
+0.06 (0.82%)
Feb 27, 2024, 4:00 PM EST - Market closed
0.82%
Market Cap 1.58B
Revenue (ttm) 1.70B
Net Income (ttm) 241.86M
Shares Out 216.23M
EPS (ttm) 1.11
PE Ratio 6.62
Forward PE 9.36
Dividend $0.16 (2.18%)
Ex-Dividend Date Feb 8, 2024
Volume 993,053
Open 7.36
Previous Close 7.29
Day's Range 7.31 - 7.46
52-Week Range 6.34 - 9.78
Beta 1.62
Analysts Sell
Price Target 7.75 (+5.44%)
Earnings Date Jan 25, 2024

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. It 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 well... [Read more]

Sector Energy
Founded 1984
Employees 2,732
Stock Exchange NYSE
Ticker Symbol RES
Full Company Profile

Financial Performance

In 2022, RPC, Inc.'s revenue was $1.60 billion, an increase of 85.19% compared to the previous year's $864.93 million. Earnings were $218.36 million, an increase of 2925.68%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RES stock is "Sell." The 12-month stock price forecast is $7.75, which is an increase of 5.44% from the latest price.

Price Target
$7.75
(5.44% upside)
Analyst Consensus: Sell
Stock Forecasts

News

RPC, Inc. Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash Dividend

ATLANTA , Jan. 25, 2024 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC" or "the Company"), a leading diversified oilfield services company, announced its unaudited results for the fourth quarter and full...

4 weeks ago - PRNewsWire

RPC, Inc. Announces Date for Fourth Quarter 2023 Financial Results and Conference Call

ATLANTA , Jan. 9, 2024 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 on Thursday, January 25, 2024 bef...

7 weeks ago - PRNewsWire

Top 5 Energy Stocks That Could Blast Off This Quarter - DMC Glb (NASDAQ:BOOM), Kimbell Royalty Partners (NYSE:KRP)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: BOOMKRPRNGRWTI
3 months ago - Benzinga

RPC, Inc. Announces Regular Quarterly Cash Dividend

ATLANTA , Oct. 25, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share payable December 11, 2023 to com...

4 months ago - PRNewsWire

RPC, Inc. Reports Third Quarter 2023 Financial Results

ATLANTA , Oct. 25, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the third quarter and nine months ended September 30, 2023. RPC provides a broad range of specia...

4 months ago - PRNewsWire

RPC, Inc. Announces Date for Third Quarter 2023 Financial Results and Conference Call

ATLANTA , Oct. 3, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023 be...

5 months ago - PRNewsWire

RPC, Inc. Announces Third Quarter 2023 Share Repurchases

ATLANTA , Oct. 2, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that during the third quarter of 2023 it purchased 136,692 shares for approximately $1.1 million under its share repurchase...

5 months ago - PRNewsWire

RPC, Inc. Reports Second Quarter 2023 Financial Results

ATLANTA , July 26, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the second quarter and six months ended June 30, 2023. RPC provides a broad range of specialized...

7 months ago - PRNewsWire

RPC, Inc. Announces Date for Second Quarter 2023 Financial Results and Conference Call

ATLANTA , July 5, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, July 26, 2023 before th...

8 months ago - PRNewsWire

RPC, Inc. Expands its Oilfield Cementing Service Line Through the Acquisition of Spinnaker Oilwell Services, LLC

ATLANTA , June 30, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced the acquisition, effective July 1, 2023, of Spinnaker Oilwell Services, LLC ("Spinnaker"), a leading provider of oilfield cement...

8 months ago - PRNewsWire

RPC, Inc. Reports First Quarter 2023 Financial Results

ATLANTA , April 26, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the first quarter ended March 31, 2023. RPC provides a broad range of specialized oilfield serv...

10 months ago - PRNewsWire

RPC, Inc. Board of Directors Declares Regular Quarterly Cash Dividend And Authorizes Expansion of Stock Repurchase Program

ATLANTA , April 26, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that on April 25, 2023 its Board of Directors declared a $0.04 per share regular quarterly cash dividend payable June 9, ...

10 months ago - PRNewsWire

RPC, Inc. to Present at the 26th Annual Burkenroad Investment Conference

ATLANTA, April 14, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced that the Company will present at the 26th Annual Burkenroad Reports Investment Conference on Friday, April 28, 2023, at the Ritz...

11 months ago - PRNewsWire

RPC, Inc. Announces Date for First Quarter 2023 Financial Results and Conference Call

ATLANTA , April 4, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the first quarter ended March 31, 2023 on Wednesday, April 26, 2023 before ...

11 months ago - PRNewsWire

RPC, Inc. Announces First Quarter 2023 Share Repurchases

ATLANTA , April 3, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that during the first quarter of 2023 it purchased 1,132,364 shares for approximately $9.0 million under its share repurch...

11 months ago - PRNewsWire

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 year ago - Market Watch

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 year ago - PRNewsWire

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 year 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 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

RPC, Inc. Announces Reinstatement of Quarterly Cash Dividend

ATLANTA , July 27, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors reinstated and declared a regular quarterly cash dividend of $0.02 per share payable September...

1 year ago - PRNewsWire

RPC, Inc. Reports Second Quarter 2022 Financial Results

Net income of $46.9 million compared to $15.1 million in the first quarter of 2022 EBITDA of $80.6 million compared to $43.0 million in the first quarter of 20221 Quarterly dividend reinstated at $0.0...

1 year ago - PRNewsWire

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

ATLANTA , July 5, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the second quarter ended June 30, 2022 on Wednesday, July 27, 2022 before th...

1 year ago - PRNewsWire