Stock events for RPC, Inc. (RES)
RPC completed the acquisition of Pintail Completions in April 2025. First-quarter 2025 results showed a slight revenue and net income decrease, but EBITDA improved. A regular quarterly dividend was announced. Second-quarter 2025 saw a revenue gain due to the Pintail acquisition, but adjusted revenues fell, and EPS missed expectations. Margins were compressed due to rising costs and pressure pumping weakness. The third-quarter 2025 results were scheduled for release on October 30, 2025. Carolina Wealth Advisors purchased a significant number of shares. Weiss Ratings reiterated a "Sell" rating, and other analysts cut target prices. The stock hit a 52-week low in April 2025.
Demand Seasonality affecting RPC, Inc.’s stock price
RPC, Inc. operates in a cyclical industry where demand is influenced by oil prices and rig counts. Lower commodity prices and reduced rig activity lead to weaker demand and pricing pressure. The company requires constant investment and acquisitions to stay competitive due to rapid technological advancements and evolving customer needs.
Overview of RPC, Inc.’s business
RPC, Inc. is a holding company providing specialized oilfield services and equipment to oil and gas companies, focusing on exploration, production, and development. It operates through Technical Services and Support Services segments, offering services like pressure pumping, rental tools, and well control training. The company is headquartered in Atlanta, Georgia, and its shares are traded on the New York Stock Exchange.
RES’s Geographic footprint
RPC, Inc. has a broad international presence, operating in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, and the Middle East.
RES Corporate Image Assessment
Information specifically detailing RPC, Inc.'s brand reputation or significant events that have affected it in the past year is not readily available. Financial reports indicate a "challenged" market with "intense competition" and "pricing pressure" in certain segments, which could indirectly influence industry perception.
Ownership
RPC, Inc. has a mixed ownership structure including institutional, retail, and individual investors. There are 479 institutional owners holding a significant number of shares. Major institutional owners include BlackRock, Inc., Dimensional Fund Advisors Lp, Vanguard Group Inc, State Street Corp, American Century Companies Inc, Gamco Investors, Inc. Et Al, and Arrowstreet Capital, Limited Partnership. Insiders hold a substantial percentage of the stock.
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$5.36