RES Stock Recent News

ATLANTA , Jan. 9, 2024 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 on Thursday, January 25, 2024 before the market opens.  In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, January 25, 2024 at 9:00 a.m.

Throughout 2023, energy companies struggled compared to the large rally in 2021 and 2022. The benchmark for energy companies is the Energy Select Sector SPDR Fund (NYSEARCA: XLE ), which had a share price decline of 1% in 2023.

RPC's (RES) Q3 earnings get impacted by rig count fall and lower commodity price realizations.

Rising activity levels in all service lines aid RPC's (RES) earnings in Q2.

ATLANTA , July 5, 2023 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, July 26, 2023 before the market opens.  In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Wednesday, July 26, 2023 at 9:00 a.m.

Per the deal, RPC (RES) pays $79.5 million for Spinnaker's equity. The acquisition will be in effect from Jul 1, 2023.

Favorable oil price is aiding RPC's (RES) oilfield service business.

This oilfield services company trades with a P/E of just 4.6.

Up to date as of market close 03/13/23. 60 oilfield services providers were screened for profitability and subsequently ranked by means of a multi-factor matrix.

RPC (RES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.