7.13 0.00 (0.00%)
After hours: 4:02PM EDT
|Bid||7.14 x 1300|
|Ask||7.15 x 2200|
|Day's Range||6.78 - 7.25|
|52 Week Range||6.77 - 17.24|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||12.51|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.20 (2.69%)|
|1y Target Est||10.04|
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
RPC (RES) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Before we spend countless hours researching a company, we'd like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors […]
ATLANTA , April 25, 2019 /PRNewswire/ -- RPC Incorporated (NYSE: RES) announced today that it will present at the Burkenroad Reports 23rd Annual Investment Conference in New Orleans, Louisiana on April ...
Dubai, April 24, 2019 -- Moody's Investors Service ("Moody's") has assigned a corporate family rating (CFR) of Ba1 and has withdrawn Fortress REIT Limited's ("Fortress") long-term Baa3 issuer rating, in line with the rating agency's practice for corporates with non-investment-grade ratings. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. Concurrently, Moody's has assigned a long term CFR national scale rating of Aa3.za and has withdrawn Fortress' long-term Aa1.za national scale issuer rating.
Shares of RPC Inc. tumbled 10% in morning trade Wednesday, enough to pace all NYSE decliners, after the oil and gas services company slashed its dividend in half and missed first-quarter earnings and revenue expectations. The company said the new dividend of 5 cents a share, down from 10 cents, will be payable June 10 to shareholders of record on May 10. "In light of the uncertainty in the oilfield market, this reduced dividend strengthens our capital structure and enhances our ability to maintain a conservative balance sheet," RPC said in a statement. The dividend cuts lowers the implied dividend yield to 1.74% from 3.48%, compared with the implied yield for the S&P 500 of 1.95%. Separately, the company reported a first-quarter net loss of $739,000, or $0.00 on a per-share basis, compared with earnings of $13.4 million, or 6 cents a share, a year ago, as revenue fell to $334.7 million from $376.8 million amid lower pricing and activity levels. The FactSet consensus was for earnings per share of 3 cents and revenue of $350.4 million. Cost of revenue increased to 75.4% of revenue from 67.7% or revenue a year ago. The stock has shed 38% over the past 12 months, while the VanEck Oil Services ETF has lost 32% and the S&P 500 has gained 11%.
RPC (RES) delivered earnings and revenue surprises of -100.00% and -3.04%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Atlanta-based company said it had a loss of less than 1 cent. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. ...
ATLANTA , April 24, 2019 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the first quarter ended March 31, 2019 . RPC provides a broad range of specialized oilfield services ...
ATLANTA , April 24, 2019 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors reduced the quarterly cash dividend from $0.10 per share to $0.05 per share. The dividend will ...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine RPC, Inc. (NYSE:RES), by...
RPC (RES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! While it may not be enough for some shareholders, we think it is good to see the RPC, Inc. (NYSE:RES) share price up 22% i...
ATLANTA , April 1, 2019 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that during the First Quarter of 2019 it purchased 55,942 shares under its share repurchase program. RPC provides a broad range ...
ATLANTA , April 1, 2019 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the first quarter ended March 31, 2019 on Wednesday, April 24, 2019 before the ...