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United States

RPC Inc (RES)

RES on New York Consolidated

21.32USD
2 Dec 2016
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$0.60 (+2.90%)
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Latest Key Developments (Source: Significant Developments)

RPC Q2 loss per share $0.23
Wednesday, 27 Jul 2016 06:50am EDT 

RPC Inc : Average US domestic rig count during Q2 of 2016 was 420, a decrease of 53.7 percent compared to same period in 2015 . "As we begin Q3, we are submitting more customer proposals and preparing for higher activity levels" . Reports second quarter 2016 financial results . Q2 loss per share $0.23 . Q2 revenue $143 million versus I/B/E/S view $149.4 million . Q2 earnings per share view $-0.23 -- Thomson Reuters I/B/E/S .Continue to project minimal capital expenditures during remainder of 2016.  Full Article

RPC entered into certain amendment to credit agreement with Bank Of America, certain other lenders June 30 - SEC Filing
Thursday, 7 Jul 2016 05:18pm EDT 

RPC Inc: On June 30, co entered into certain amendment no. 3 to credit agreement between RPC, Bank Of America NA, certain other lenders - SEC Filing .Amendment reduces amount available for borrowing under credit facility from $125 million to lesser of $125 million.  Full Article

RPC Inc reduces quarterly cash dividend
Wednesday, 29 Apr 2015 07:15am EDT 

RPC Inc:Reduces quarterly cash dividend from $0.105 per share to $0.05 per share.Says dividend will be payable June 10 to common stockholders of record at the close of business on May 8.  Full Article

RPC Inc announces regular quarterly cash dividend
Wednesday, 28 Jan 2015 07:15am EST 

RPC Inc:Says Board declared a regular quarterly cash dividend of $0.105 per share payable March 10 to common stockholders of record at the close of business on Feb. 10.  Full Article

BRIEF-RPC Inc reports third quarter 2016 financial results

* Q3 revenue $175.9 million versus I/B/E/S view $159.4 million