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RPC (RES) Stock Price, News & Analysis

RPC logo
$5.82 -0.11 (-1.85%)
(As of 02:57 PM ET)

About RPC Stock (NYSE:RES)

Key Stats

Today's Range
$5.80
$6.02
50-Day Range
$5.64
$7.06
52-Week Range
$5.63
$8.19
Volume
820,942 shs
Average Volume
1.67 million shs
Market Capitalization
$1.25 billion
P/E Ratio
10.39
Dividend Yield
2.75%
Price Target
$6.08
Consensus Rating
Reduce

Company Overview

RPC, Inc., through its subsidiaries, engages provision of 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 gas wells. The Support Services segment provides a range of rental tools 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, as well as well control training and consulting services. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Latin America, the Middle East, and internationally. The company was incorporated in 1984 and is headquartered in Atlanta, Georgia.

RPC Stock Analysis - MarketRank™

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30th Percentile Overall Score

RES MarketRank™: 

RPC scored higher than 30% of companies evaluated by MarketBeat, and ranked 229th out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    RPC has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    RPC has only been the subject of 2 research reports in the past 90 days.

  • Read more about RPC's stock forecast and price target.
  • Earnings Growth

    Earnings for RPC are expected to decrease by -20.93% in the coming year, from $0.43 to $0.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of RPC is 10.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.92.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of RPC is 10.60, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.07.

  • Price to Book Value per Share Ratio

    RPC has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    17.59% of the float of RPC has been sold short.
  • Short Interest Ratio / Days to Cover

    RPC has a short interest ratio ("days to cover") of 9.9.
  • Change versus previous month

    Short interest in RPC has recently decreased by 4.00%, indicating that investor sentiment is improving.
  • Dividend Yield

    RPC pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    RPC does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of RPC is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, RPC will have a dividend payout ratio of 47.06% next year. This indicates that RPC will be able to sustain or increase its dividend.

  • Read more about RPC's dividend.
  • Percentage of Shares Shorted

    17.59% of the float of RPC has been sold short.
  • Short Interest Ratio / Days to Cover

    RPC has a short interest ratio ("days to cover") of 9.9.
  • Change versus previous month

    Short interest in RPC has recently decreased by 4.00%, indicating that investor sentiment is improving.
  • News Sentiment

    RPC has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Oils/Energy companies.
  • Search Interest

    Only 1 people have searched for RES on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, RPC insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    60.40% of the stock of RPC is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    41.06% of the stock of RPC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about RPC's insider trading history.
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RES Stock News Headlines

Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong
Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.
RPC Inc’s Operations Free from Mine Safety Compliance Burdens
RPC, Inc. reports Q3 adjusted EPS 9c, consensus 12c
See More Headlines

RES Stock Analysis - Frequently Asked Questions

RPC's stock was trading at $7.28 on January 1st, 2024. Since then, RES stock has decreased by 18.0% and is now trading at $5.97.
View the best growth stocks for 2024 here
.

RPC, Inc. (NYSE:RES) issued its quarterly earnings results on Thursday, October, 24th. The oil and gas company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.04. RPC's revenue for the quarter was up 2.2% on a year-over-year basis.

RPC's board initiated a stock repurchase program on Wednesday, April 26th 2023, which allows the company to buy back 8,000,000 shares, according to EventVestor. This allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

The following companies are subsidiaries of RPC: SITECH North and Central Florida, Bronco Oilfield Services, Bronco Oilfield Services Inc., Chippewa Sand Company LLC, Cudd Energy Services Australia Pty Ltd, Cudd Energy Services Gabon SARL, Cudd Pressure Control Inc., and others.

Top institutional shareholders of RPC include Pacer Advisors Inc. (5.60%), State Street Corp (1.96%), Van ECK Associates Corp (1.04%) and Victory Capital Management Inc. (0.89%). Insiders that own company stock include Lor Inc, Amy Rollins Kreisler, Gary W Rollins, Pam R Rollins and Rollins Holding Company, Inc.
View institutional ownership trends
.

Shares of RES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that RPC investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Enterprise Products Partners (EPD) and Energy Transfer (ET).

Company Calendar

Last Earnings
10/24/2024
Ex-Dividend for 12/10 Dividend
11/08/2024
Dividend Payable
12/10/2024
Today
12/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
74966010
Employees
2,691
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$6.08
High Stock Price Target
$7.00
Low Stock Price Target
$5.25
Potential Upside/Downside
+2.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$195.11 million
Pretax Margin
10.26%

Debt

Sales & Book Value

Annual Sales
$1.47 billion
Cash Flow
$1.43 per share
Book Value
$4.72 per share

Miscellaneous

Free Float
85,129,000
Market Cap
$1.28 billion
Optionable
Optionable
Beta
1.61

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This page (NYSE:RES) was last updated on 12/18/2024 by MarketBeat.com Staff
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