RPC Inc. Declares Quarterly Cash Dividend of $0.04
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 29 Jan 26
Source: PRnewswire
RPC Inc. shares rose by 6.46% as the stock crossed above the 5-day SMA, reflecting positive investor sentiment.
The company declared a quarterly cash dividend of $0.04 per share, payable on March 10, 2026, to shareholders of record as of February 10, 2026. This announcement underscores RPC's ongoing financial health and commitment to returning value to its shareholders, which is particularly appealing amid broader market weakness, as the Nasdaq-100 and S&P 500 are down.
This dividend declaration not only reflects RPC's stability but also enhances its attractiveness to income-seeking investors, potentially leading to increased demand for its shares.
Analyst Views on RES
Wall Street analysts forecast RES stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RES is 5.67 USD with a low forecast of 5.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 6.700
Low
5.00
Averages
5.67
High
6.00
Current: 6.700
Low
5.00
Averages
5.67
High
6.00
About RES
RPC, Inc. is a diversified oilfield services company. The Company 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, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. It acts as a holding company for the entity groupings, including Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions and Patterson Services. Its segments include Technical Services and Support Services. The Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, cementing, snubbing, nitrogen, well control, wireline and fishing. The Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
