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RPC Inc. Message Board

  • jngannex jngannex Mar 21, 2012 10:22 AM Flag

    Q1 for RES now at risk

    BHI warns based on pricing decline and increase in supply costs. These problems should be similar for RES since they are both heavily focused in North America. This should recover over time but the uncertainty rests on when that will happen as natural gas continues to drop. Expect RES to go below $10 as historica EPS no longer holds.

 
RES
12.85+0.88(+7.35%)Feb 12 4:02 PMEST