RPC, Inc. (RES)
| 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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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.
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.
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?
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 ...
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...
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...
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...
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...
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.
Why Is RPC (RES) Down 3.6% Since Last Earnings Report?
RPC (RES) reported earnings 30 days ago. What's next for the stock?
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?
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.
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.
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.
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?
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...
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...
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...
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...
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.
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?
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...
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.
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.