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RES / RPC doubles dividend to boost yield above peers and S&P 500

RPC doubles dividend to boost yield above peers and S&P 500
Shares of RPC Inc. RES were indicated up about 4% in premarket trading Wednesday, after the oilfield services company doubled its dividend and beat fourth-quarter profit and revenue expectations. The quarterly dividend was raised to 4 cents a share from 2 cents. Read More
Posted: Jan 25 2023, 07:02
Author Name: Market Watch
Views: 111754

RES News  

RPC (RES) Q3 Earnings Lag Estimates, Revenues Fall Y/Y

By Zacks Investment Research
October 31, 2023

RPC (RES) Q3 Earnings Lag Estimates, Revenues Fall Y/Y

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

RPC (RES) Shares Dip 8% Despite Reporting Strong Q2 Earnings

By Zacks Investment Research
August 9, 2023

RPC (RES) Shares Dip 8% Despite Reporting Strong Q2 Earnings

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

RPC (RES) Acquires Oilfield Service Player Spinnaker for $79.5M

By Zacks Investment Research
July 3, 2023

RPC (RES) Acquires Oilfield Service Player Spinnaker for $79.5M

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

4 Oilfield Services Stocks to Gain From the Prospering Industry

By Zacks Investment Research
March 24, 2023

4 Oilfield Services Stocks to Gain From the Prospering Industry

With the expectations that crude price will remain solid, demand for oilfield services will stay strong, making the outlook for the Zacks Oil & Gas- F more_horizontal

Here's Why it is Worth Investing in RPC (RES) Stock Right Now

By Zacks Investment Research
March 24, 2023

Here's Why it is Worth Investing in RPC (RES) Stock Right Now

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

Bull of the Day: RPC Inc. (RES)

By Zacks Investment Research
March 20, 2023

Bull of the Day: RPC Inc. (RES)

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

Surging Earnings Estimates Signal Upside for RPC (RES) Stock

By Zacks Investment Research
January 30, 2023

Surging Earnings Estimates Signal Upside for RPC (RES) Stock

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

RPC (RES) Beats Q4 Earnings Estimates, Ups Capex Guidance

By Zacks Investment Research
January 27, 2023

RPC (RES) Beats Q4 Earnings Estimates, Ups Capex Guidance

Higher activity levels in all the service lines and higher equipment utilization aid RPC's (RES) earnings in Q4. more_horizontal


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