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RES Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
5.920
Open
5.840
VWAP
5.85
Vol
5.29M
Mkt Cap
1.31B
Low
5.740
Amount
30.93M
EV/EBITDA(TTM)
5.25
Total Shares
221.64M
EV
1.17B
EV/OCF(TTM)
6.06
P/S(TTM)
0.72
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.
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Events Timeline

(ET)
2026-06-23
16:30:00
RPC President and CEO Ben M. Palmer to Retire by 2026
select
2026-05-07 (ET)
2026-05-07
07:00:00
RPC Reports Q1 Revenue of $454.76M, Beating Expectations
select
2025-10-30 (ET)
2025-10-30
07:16:01
RPC, Inc. announces Q3 adjusted earnings per share of 9 cents, surpassing consensus estimate of 7 cents.
select

News

Fool
5.0
06-25Fool
RPC CEO Departure Triggers Significant Stock Drop
  • Executive Departure Impact: RPC's CEO Ben Palmer announced his retirement by year-end, leading to a nearly 12% drop in stock price on Wednesday, reflecting market concerns over leadership changes that may affect future strategic direction.
  • Leadership Transition: Palmer, who joined RPC in 1996 and became CEO in 2022, leaves the company facing the challenge of finding a successor, with the board initiating a formal search that could impact decision-making continuity.
  • Market Reaction: Under Palmer's leadership, RPC successfully pushed into higher-margin services and expanded its presence in the Permian Basin, yet his departure triggered investor sell-offs, indicating market skepticism about future profitability, even as the stock appears more attractive at a discount.
  • Transition Arrangements: Palmer will serve as an advisor until a new CEO is appointed, a move aimed at mitigating uncertainties associated with leadership changes and helping the company maintain operational stability during the transition.
NASDAQ.COM
5.0
06-25NASDAQ.COM
RPC CEO Ben Palmer Announces Retirement Amid Industry Challenges
  • Executive Departure Impact: RPC CEO Ben Palmer's announcement of retirement before year-end has led to a nearly 12% drop in the company's stock price on Wednesday, reflecting market concerns about leadership during a turbulent time for the oil industry.
  • Leadership Transition Plan: The RPC board has initiated a formal search for Palmer's successor, engaging an executive search firm to ensure a smooth transition after the new leader is appointed, thereby minimizing operational disruptions.
  • Performance Contributions Acknowledged: Since joining RPC in 1996, Palmer has been credited with steering the company towards higher-margin services and expanding its footprint in the Permian Basin, enhancing long-term shareholder value and profitability, which explains the shareholders' strong reaction to his departure.
  • Market Reaction Analysis: Despite the severe market reaction to Palmer's exit, resulting in a significant stock price decline, analysts believe RPC's shares appear more attractive at the current price, potentially offering investors a discount buying opportunity.
seekingalpha
5.0
06-23seekingalpha
RPC CEO Ben Palmer to Retire by End of 2026, Succession Search Underway
  • Executive Retirement Plan: RPC CEO and President Ben Palmer plans to retire by the end of 2026 and step down from the board, marking a significant leadership change for the company.
  • Tenure and Transition Arrangements: Palmer, who has served as CEO since 2022, will continue in his role until a successor is appointed, ensuring stability during the transition period.
  • Company History and Experience: With 30 years at RPC, Palmer has amassed extensive industry experience, and his retirement is expected to have a profound impact on the company's strategic direction.
  • Successor Selection: RPC has initiated the search for a new CEO, aiming to ensure leadership continuity and the company's future growth potential.
PRnewswire
5.0
06-23PRnewswire
RPC CEO Ben Palmer Announces Retirement After 30 Years
  • Leadership Transition: RPC CEO Ben Palmer plans to retire by the end of 2026 after a distinguished 30-year career, with the Board initiating a search for his successor expected to conclude by year-end to ensure a smooth leadership transition.
  • Financial Stability: Under Palmer's leadership, RPC has emphasized maintaining a strong, low-leverage balance sheet and generating sustainable free cash flow, successfully enhancing long-term shareholder value and strengthening the company's competitive position in the oilfield services sector.
  • Strategic Diversification: As CEO, Palmer has driven RPC's diversification into higher-margin service lines and deepened the company's presence in the Permian Basin, further solidifying its market position.
  • Commitment to Transition Support: Palmer has pledged to continue in an advisory role until a new CEO is appointed, ensuring continuity for employees, customers, and shareholders during the transition, reflecting the company's commitment to future growth.
Newsfilter
5.0
06-23Newsfilter
RPC CEO Ben Palmer Announces Retirement After 30 Years
  • Leadership Transition: RPC CEO Ben Palmer plans to retire by the end of 2026 after a distinguished 30-year career, with the Board initiating a search for his successor expected to conclude by year-end, ensuring a smooth leadership transition for the company.
  • Financial Stability: Under Palmer's leadership, RPC has focused on maintaining a strong, low-leverage balance sheet and generating sustainable free cash flow, successfully delivering long-term shareholder value despite industry dynamics.
  • Strategic Development: As CEO, Palmer has driven the diversification of RPC's service portfolio, particularly expanding into higher-margin service lines, which has strengthened the company's position in the Permian Basin and enhanced profitability.
  • Succession Planning: The Board will engage an independent search firm to identify candidates with proven operational excellence in the oilfield services sector, ensuring RPC's future growth and financial strength are preserved.
Yahoo Finance
8.5
06-23Yahoo Finance
U.S. Treasury Authorizes Iranian Crude Oil Sales Amid Peace Framework
  • Iranian Oil Sales Authorization: The U.S. Treasury's issuance of a 60-day license for Iranian crude oil production and sales is expected to increase supply and alleviate market fears of war, although a $50-per-barrel war premium remains embedded in crude prices.
  • Market Reaction Volatility: Following the announcement, Clean Energy Fuels (NASDAQ:CLNE) saw a 3.2% drop, while RPC (NYSE:RES) fell by 2.7%, indicating the market's sensitivity to energy stocks, although analysts believe this news won't fundamentally alter perceptions of these companies.
  • Geopolitical Risks: Despite the peace framework, Iran's re-announcement of the closure of the Strait of Hormuz, citing Israeli strikes in Lebanon as ceasefire violations, poses further threats to global energy supply and impacts market sentiment.
  • Future Supply-Demand Forecast: The IEA warns that if the framework holds, global supply could exceed demand by 5.05 million barrels per day by 2027, creating a structural headwind for energy equities, prompting investors to navigate market volatility cautiously.
Wall Street analysts forecast RES stock price to rise
3 Analyst Rating
Wall Street analysts forecast RES stock price to rise
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 0.000
sliders
Low
5.00
Averages
5.67
High
6.00
Current: 0.000
sliders
Low
5.00
Averages
5.67
High
6.00
Susquehanna
Charles Minervino
Neutral
maintain
$7
AI Analysis
2026-05-08
Reason
Susquehanna
Charles Minervino
Price Target
$7
AI Analysis
2026-05-08
maintain
Neutral
Reason
Susquehanna analyst Charles Minervino raised the firm's price target on RPC, Inc. to $7.50 from $7 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results.
Susquehanna
Neutral
maintain
$6 -> $7
2026-04-07
Reason
Susquehanna
Price Target
$6 -> $7
2026-04-07
maintain
Neutral
Reason
Susquehanna raised the firm's price target on RPC, Inc. to $7 from $6 and keeps a Neutral rating on the shares. The firm adjusted targets in oilfield services as part of a Q1 preview. The Iran conflict has been a "significant positive catalyst" for commodity prices and oil and gas stocks, the analyst tells investors in a research note. Susquehanna reduced estimates for oilfield services names with Middle East exposure due to increased expenses, disruptions, and some potential project delays. However, the medium- and long-term effects are now more positive for the sector as supply conditions tighten, adds the firm.
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Valuation Metrics

The current forward P/E ratio for RPC Inc (RES.N) is 16.29, compared to its 5-year average forward P/E of 15.08. For a more detailed relative valuation and DCF analysis to assess RPC Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
15.08
Current PE
16.29
Overvalued PE
53.91
Undervalued PE
-23.75

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
5.16
Current EV/EBITDA
5.67
Overvalued EV/EBITDA
6.99
Undervalued EV/EBITDA
3.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.96
Current PS
0.69
Overvalued PS
1.17
Undervalued PS
0.74

Financials

AI Analysis
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Quarterly

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Whales Holding RES

L
LOR, Inc.
Holding
RES
-18.15%
3M Return

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Frequently Asked Questions

What is RPC Inc (RES) stock price today?

The current price of RES is 5.89 USD — it has decreased -0.84

What is RPC Inc (RES)'s business?

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.

What is the price predicton of RES Stock?

Wall Street analysts forecast RES stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RES is5.67 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.

What is RPC Inc (RES)'s revenue for the last quarter?

RPC Inc revenue for the last quarter amounts to 454.75M USD, increased 36.61

What is RPC Inc (RES)'s earnings per share (EPS) for the last quarter?

RPC Inc. EPS for the last quarter amounts to 0.00 USD, decreased -100.00

How many employees does RPC Inc (RES). have?

RPC Inc (RES) has 2893 emplpoyees as of June 27 2026.

What is RPC Inc (RES) market cap?

Today RES has the market capitalization of 1.31B USD.