RES - RPC Inc Stock Price, Fair Value and News

6.99USD+0.09 (+1.30%)Market Closed

Market Summary

USD6.99+0.09

Market Closed

1.30%

RES Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

RES Stock Price

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RES RSI Chart

RES Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

9.92

Price/Sales (Trailing)

0.99

EV/EBITDA

4.1

Price/Free Cashflow

9.97

RES Price/Sales (Trailing)

RES Profitability

Operating Margin

36.40%

EBT Margin

13.10%

Return on Equity

14.62%

Return on Assets

11.64%

Free Cashflow Yield

10.03%

RES Fundamentals

RES Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

-20.73%

Rev. Growth (Qtr)

-4.23%

RES Earnings

Earnings (TTM)

151.1M

Earnings Growth (Yr)

-61.6%

Earnings Growth (Qtr)

-31.77%

Breaking Down RES Revenue

Last 7 days

4.0%

Last 30 days

-8.6%

Last 90 days

-4.5%

Trailing 12 Months

-3.3%

How does RES drawdown profile look like?

RES Financial Health

Current Ratio

4.75

RES Investor Care

Dividend Yield

2.29%

Dividend/Share (TTM)

0.16

Buy Backs (1Y)

0.93%

Diluted EPS (TTM)

0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.5B	0	0	0
2023	1.8B	1.8B	1.7B	1.6B
2022	966.9M	1.2B	1.4B	1.6B
2021	537.1M	636.6M	745.3M	864.9M
2020	1.1B	862.3M	685.7M	598.3M
2019	1.6B	1.5B	1.4B	1.2B
2018	1.7B	1.8B	1.8B	1.7B
2017	838.0M	1.1B	1.4B	1.6B
2016	1.0B	892.1M	776.1M	729.0M
2015	2.2B	2.0B	1.6B	1.3B
2014	1.9B	2.1B	2.2B	2.3B
2013	1.9B	1.8B	1.8B	1.9B
2012	1.9B	2.0B	2.0B	1.9B
2011	1.3B	1.5B	1.7B	1.8B
2010	0	757.4M	926.9M	1.1B
2009	0	0	0	587.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of RPC Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 26, 2024	kreisler amy rollins	acquired	-	-	7,022	-
Apr 26, 2024	gunning patrick j.	acquired	-	-	7,022	-
Apr 26, 2024	rollins pam r	acquired	-	-	7,022	-
Apr 26, 2024	nix jerry	acquired	-	-	7,022	-
Apr 26, 2024	wilson john f	acquired	-	-	7,022	-
Apr 26, 2024	rollins gary w	acquired	-	-	7,022	-
Apr 26, 2024	rollins timothy curtis	acquired	-	-	7,022	-
Apr 26, 2024	bell susan r.	acquired	-	-	7,022	-
Apr 23, 2024	hubbell richard a	acquired	-	-	30,000	executive chairman of board
Apr 23, 2024	schmit michael	acquired	-	-	45,000	cfo and corporate secretary

Which funds bought or sold RES recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	added	32.47	74,809	257,974	-%
May 16, 2024	COMERICA BANK	reduced	-10.89	-15,135	272,796	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.76	9,234	743,822	-%
May 16, 2024	HANCOCK WHITNEY CORP	added	14.89	61,720	340,399	0.01%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	681	681	-%
May 15, 2024	Man Group plc	new	-	102,338	102,338	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	unchanged	-	672	11,315	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	3,986	6,685,750	6,843,240	-%
May 15, 2024	Hilltop Holdings Inc.	new	-	159,676	159,676	0.02%
May 15, 2024	Aquatic Capital Management LLC	reduced	-42.52	-130,890	205,110	0.01%

Are Funds Buying or Selling RES?

Are funds buying RES calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RES

No. of Funds

Unveiling RPC Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 26, 2024	blackrock inc.	7.0%	15,156,215	SC 13G/A
Sep 27, 2023	rollins gary w	45.1%	97,639,106	SC 13D/A
Feb 01, 2023	blackrock inc.	6.0%	12,930,881	SC 13G/A
Dec 05, 2022	rollins gary w	45.1%	97,639,106	SC 13D/A
Nov 09, 2022	rollins gary w	56.7%	122,844,320	SC 13D/A
Jun 06, 2022	rollins gary w	58.3%	126,275,003	SC 13D/A
Apr 04, 2022	rollins gary w	60.0%	129,888,878	SC 13D/A
Feb 04, 2022	blackrock inc.	5.2%	11,278,230	SC 13G
Jan 24, 2022	rollins gary w	61.4%	132,503,663	SC 13D/A
Jun 21, 2021	rollins gary w	62.6%	135,167,646	SC 13D/A

Recent SEC filings of RPC Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	4/A	Insider Trading
May 02, 2024	4/A	Insider Trading
May 02, 2024	4/A	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading

Peers (Alternatives to RPC Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	69.4B	-	-4.37%	8.34%	16.01	18.27	-86.47%	12.21%
HAL	33.6B	23.1B	-0.37%	26.88%	12.92	1.45	6.71%	32.21%
MID-CAP
FTI	11.4B	8.1B	4.54%	95.93%	53.62	1.4	18.75%	572.06%
NOV	7.5B	8.8B	3.30%	25.61%	7.65	0.86	14.70%	198.19%
CHX	6.5B	3.7B	-4.71%	24.12%	17.98	1.75	-4.02%	100.20%
LBRT	3.9B	4.6B	10.08%	85.95%	8.29	0.86	-1.29%	-16.22%
AROC	3.2B	1.0B	8.02%	114.81%	24.95	3.13	17.17%	118.50%
SMALL-CAP
DNOW	1.5B	2.3B	-6.84%	44.28%	6.15	0.63	2.36%	81.92%
CLB	681.3M	-	8.21%	-15.05%	28.73	1.36	-	-
DRQ	662.9M	443.5M	-3.02%	-19.45%	-30.56	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	261.8M	701.7M	-21.46%	-25.01%	10.22	0.37	0.29%	55.69%

RPC Inc News

Latest updates

RPC Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.2%	377,833	394,531	330,417	415,858	476,668	482,030	459,601	375,507	284,624	268,252	225,310	188,757	182,610	148,637	116,588	89,300	243,777	235,997	293,240	358,516	334,656
S&GA Expenses	5.1%	40,085	38,127	42,012	43,604	42,197	38,211	38,243	35,879	36,240	32,128	31,446	29,403	30,595	26,017	32,376	28,775	36,530	36,842	42,571	43,293	45,421
EBITDA Margin	-8.5%	0.21*	0.23*	0.25*	0.26*	0.25*	0.23*	0.20*	0.16*	0.13*	0.11*	0.07*	0.02*	-	-	-	-	-	-	-	-	-
Interest Expenses	146.3%	234	95.00	101	73.00	72.00	71.00	143	222	178	166	1,280	103	380	116	73.00	71.00	113	73.00	8.00	164	89.00
Income Taxes	-31.8%	8,380	12,294	6,547	20,612	21,677	26,562	22,949	13,461	8,297	8,021	1,891	33.00	-714	-10,357	-14,590	-13,921	-58,371	-4,096	-24,221	2,593	-266
Earnings Before Taxes	-31.8%	35,847	52,553	24,864	85,625	93,201	113,567	92,289	60,400	23,376	20,360	7,157	-693	-10,376	-20,596	-31,027	-39,014	-218,794	-27,458	-93,402	8,764	-1,005
EBT Margin	-17.3%	0.13*	0.16*	0.19*	0.21*	0.20*	0.18*	0.14*	0.10*	0.05*	0.02*	-0.03*	-0.10*	-	-	-	-	-	-	-	-	-
Net Income	-31.8%	27,467	40,259	18,317	65,013	71,524	87,005	69,340	46,939	15,079	12,339	5,266	-726	-9,662	-10,239	-16,437	-25,093	-160,423	-23,362	-69,181	6,171	-739
Net Income Margin	-17.5%	0.10*	0.12*	0.14*	0.16*	0.15*	0.14*	0.10*	0.07*	0.03*	0.01*	-0.02*	-0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-94.0%	3,781	63,432	77,256	5,847	67,223	111,033	-41,574	3,111	-10,836	-1,417	-47,500	31,477	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.8%	1,297	1,287	1,247	1,228	1,188	1,129	1,056	965	891	864	827	790	800	791	801	783	869	1,053	1,110	1,224	1,226
Current Assets	-1.9%	713	727	686	748	720	703	655	583	517	492	458	446	450	428	430	409	480	437	481	540	578
Cash Equivalents	-5.0%	212	223	172	101	178	126	36.00	78.00	73.00	82.00	81.00	121	85.00	84.00	146	145	83.00	50.00	50.00	48.00	113
Inventory	1.3%	112	111	110	104	98.00	97.00	93.00	90.00	84.00	79.00	80.00	81.00	80.00	83.00	85.00	93.00	97.00	101	107	119	124
Net PPE	5.2%	458	435	436	388	375	333	313	270	257	254	253	251	257	264	275	278	295	517	529	575	537
Goodwill	0%	51.00	51.00	51.00	19.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00
Liabilities	-0.1%	264	264	250	241	260	271	282	258	233	223	196	166	177	159	163	134	198	223	255	302	299
Current Liabilities	-1.2%	150	152	140	137	159	179	198	173	139	131	121	96.00	104	80.00	93.00	59.00	118	101	136	172	164
Shareholder's Equity	1.1%	1,033	1,023	998	987	928	858	773	707	658	642	631	624	623	632	638	649	671	830	855	922	928
Retained Earnings	1.1%	1,014	1,003	978	968	909	856	772	705	657	641	627	620	619	628	639	650	673	832	854	921	928
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	1.9%	826	811	795	782	768	775	790	776	771	763	793	796	789	791	1.00	1.00	1.00	1.00	1,381	1,669	1,656
Shares Outstanding	-0.3%	214	215	216	216	216	217	217	217	216	216	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	216	-	-	-	564	-	-	-	355	-	-	-	177	-	-	-	411	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-40.9%	56,559	95,621	121,584	45,035	132,523	160,358	-1,925	34,605	8,248	21,303	-28,450	45,602	9,264	-53,406	9,265	67,260	54,839	39,428	76,283	16,284	77,146
Share Based Compensation	4.2%	1,926	1,848	1,915	2,316	1,802	1,611	1,572	1,695	1,497	2,095	1,471	1,471	1,539	-586	5,207	2,017	2,097	1,306	2,436	2,436	2,452
Cashflow From Investing	-83.8%	-49,006	-26,667	-40,263	-113,767	-61,015	-45,060	-35,225	-28,171	-15,259	-18,517	-11,333	-9,999	-7,782	-7,718	-9,022	-4,495	-21,424	-38,919	-74,392	-66,267	-56,210
Cashflow From Financing	-6.5%	-18,664	-17,518	-9,982	-8,637	-20,028	-24,759	-5,198	-1,390	-2,233	-1,188	-397	-9.00	-557	1.00	-29.00	-6.00	-792	-9.00	-10.00	-15,389	-24,184
Dividend Payments	0.1%	8,621	8,614	8,634	8,635	8,679	4,378	-	-	-	-	-	-	-	-	-	-	-	7.00	-	10,738	21,486
Buy Backs	14.4%	9,858	8,619	1,143	2.00	11,349	-832	2.00	1,677	910	-	1.00	9.00	557	-1.00	29.00	6.00	792	2.00	10.00	4,651	2,698

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RES Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS
Revenues	$ 377,833	$ 476,668
Cost of revenues (exclusive of depreciation and amortization shown separately below)	276,609	305,250
Selling, general and administrative expenses	40,085	42,197
Pension settlement charges		17,375
Depreciation and amortization	30,004	24,125
Gain on disposition of assets, net	(1,214)	(2,936)
Operating income	32,349	90,657
Interest expense	(234)	(72)
Interest income	2,965	1,855
Other income, net	767	761
Income before income taxes	35,847	93,201
Income tax provision	8,380	21,677
Net income	$ 27,467	$ 71,524
Earnings per share
Basic (in dollars per share)	$ 0.13	$ 0.33
Diluted (in dollars per share)	0.13	0.33
Dividends paid per share	$ 0.04	$ 0.04

RES Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 212,199	$ 223,310
Accounts receivable, net of allowance for credit losses of $5,634 in 2024 and $7,109 in 2023	329,654	324,915
Inventories	112,306	110,904
Income taxes receivable	46,269	52,269
Prepaid expenses	10,371	12,907
Other current assets	2,535	2,768
Total current assets	713,334	727,073
Property, plant and equipment, less accumulated depreciation of $826,048 in 2024 and $810,933 in 2023	457,751	435,139
Operating lease right-of-use assets	25,402	24,537
Finance lease right-of-use assets	972	1,036
Goodwill	50,824	50,824
Other intangibles, net	12,302	12,825
Retirement plan assets	28,011	26,772
Other assets	8,637	8,639
Total assets	1,297,233	1,286,845
LIABILITIES
Accounts payable	106,836	85,036
Accrued payroll and related expenses	20,780	30,956
Accrued insurance expenses	5,710	5,340
Accrued state, local and other taxes	4,198	4,461
Income taxes payable	1,610	275
Unearned revenue	572	15,743
Current portion of operating lease liabilities	7,741	7,367
Current portion of finance lease liabilities and finance obligations	253	375
Accrued expenses and other liabilities	2,336	2,304
Total current liabilities	150,036	151,857
Long-term accrued insurance expenses	10,602	10,202
Retirement plan liabilities	24,037	23,724
Deferred income taxes	52,020	51,290
Long-term operating lease liabilities	18,518	18,600
Long-term finance lease liabilities	756	819
Other long-term liabilities	7,974	7,840
Total liabilities	263,943	264,332
Commitments and contingencies (Note 12)
STOCKHOLDERS' EQUITY
Preferred stock, $0.10 par value, 1,000,000 shares authorized, none issued
Common stock, $0.10 par value, 349,000,000 shares authorized, 214,347,063 and 215,026,458 shares issued and outstanding in 2024 and 2023, respectively	21,434	21,502
Capital in excess of par value	0	0
Retained earnings	1,014,338	1,003,380
Accumulated other comprehensive loss	(2,482)	(2,369)
Total stockholders' equity	1,033,290	1,022,513
Total liabilities and stockholders' equity	$ 1,297,233	$ 1,286,845

About RPC Inc

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 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. The company operates in the United States, Africa, Canada, Argentina, China, Mexico, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.

CEO	Mr. Ben M. Palmer
WEBSITE	rpc.net
INDUSTRY	Oil - Services
EMPLOYEES	2732

RPC Inc Frequently Asked Questions

What is the ticker symbol for RPC Inc? What does RES stand for in stocks?

RES is the stock ticker symbol of RPC Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of RPC Inc (RES)?

As of Fri May 17 2024, market cap of RPC Inc is 1.5 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RES stock?

You can check RES's fair value in chart for subscribers.

What is the fair value of RES stock?

You can check RES's fair value in chart for subscribers. The fair value of RPC Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of RPC Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RES so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is RPC Inc a good stock to buy?

The fair value guage provides a quick view whether RES is over valued or under valued. Whether RPC Inc is cheap or expensive depends on the assumptions which impact RPC Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RES.

What is RPC Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RES's PE ratio (Price to Earnings) is 9.92 and Price to Sales (PS) ratio is 0.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RES PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on RPC Inc's stock?

In the past 10 years, RPC Inc has provided -0.107 (multiply by 100 for percentage) rate of return.