RPC, Inc. (RES) News
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RES News Highlights
- RES's 30 day story count now stands at 15.
- Over the past 21 days, the trend for RES's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about RES are BEAT, BEN and EQNR.
Latest RES News From Around the Web
Below are the latest news stories about RPC INC that investors may wish to consider to help them evaluate RES as an investment opportunity.
Lower contributions from gathering and processing operations hurt MPLX's earnings in Q4.
Lower contributions from the Chemicals segment hurt Phillips 66's (PSX) earnings in Q4.
Higher activity levels in all the service lines and higher equipment utilization aid RPC's (RES) earnings in Q4.
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
RPC, Inc. (NYSE:RES) Q4 2022 Earnings Call Transcript January 25, 2023 Operator: Good morning and thank you for joining us for RPC Inc.’s fourth quarter and year-end 2022 financial earnings conference call. Today’s call will be hosted by Ben Palmer, President and CEO, and Mike Schmit, Chief Financial Officer. Also hosting is Jim Landers, Vice […]
Core Labs plans to relocate from the Netherlands to the United States to increase shareholder value over time by streamlining its corporate structure, enhancing operational effectiveness and reducing cost.
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. Based on Tuesday’s stock closing price of $8.59, the new annual dividend rate implies a dividend yield of 1.86%, which compares with the yield for the VanEck Oil Services ETF (OIH) of 0.91% and the implied yield for the S&P 500 (SPX) of 1.68%. The stock has lost 6.9% over the past three months while the oil services ETF has rallied 11.9% and the S&P 500 has gained 4.1%.
RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a $ 0.02 per share increase to the regular quarterly cash dividend from $ 0.02 per share to $ 0.04 per share payable March 10, 2023 to common stockholders of record at the close of business on February 10, 2023.
RPC, Inc. (NYSE: RES) today announced its unaudited results for the fourth quarter and year ended December 31, 2022. RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production, and development of oil and gas properties throughout the United States and in selected international markets.
Gas production from Block 10 is expected to meet Oman's gas shortage and reach 500 million standard cubic feet per day (bscf/d) by mid-2024.