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RPC Inc (RES.N)

RES.N on New York Stock Exchange

23.09USD
22 Nov 2017
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$-0.15 (-0.65%)
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Latest Key Developments (Source: Significant Developments)

RPC Inc announces regular quarterly cash dividend and special year-end cash dividend
Wednesday, 25 Oct 2017 06:45am EDT 

Oct 25 (Reuters) - RPC Inc :RPC, Inc. announces regular quarterly cash dividend and special year-end cash dividend.RPC Inc - ‍Board of Directors declared a regular quarterly cash dividend of $0.07 per share​.RPC Inc - ‍additionally, Board declared a special year-end dividend of $0.07 per share​.  Full Article

RPC, Inc. Reports third quarter 2017 financial results
Wednesday, 25 Oct 2017 06:45am EDT 

Oct 25 (Reuters) - Rpc Inc :RPC, Inc. Reports third quarter 2017 financial results.Q3 earnings per share $0.26.Q3 revenue $471 million versus I/B/E/S view $474.4 million.Q3 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.RPC Inc - ‍U.S. domestic rig count increased again during Q3 of 2017, though at a much lower sequential rate than in previous four quarters​.RPC inc - "‍during Q3 RPC began to experience increased labor cost and raw material inflation"​.  Full Article

RPC Inc reports second quarter 2017 financial results
Wednesday, 26 Jul 2017 06:45am EDT 

July 26 (Reuters) - Rpc Inc :Q2 earnings per share $0.20.Q2 revenue $398.8 million versus I/B/E/S view $411.4 million.Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.RPC Inc - currently have indications of strong customer demand through end of 2017.RPC - recorded $3.8 million gain on disposition of assets during quarter, primarily due to sale of operating equipment related to oilfield pipe inspection business.RPC Inc - ‍average U.S. domestic rig count during Q2 of 2017 was 895, an increase of 113.1 percent compared to same period in 2016​.RPC - "current price of oil forces us to be cautious about large capital commitments until we see an environment conducive to sustained higher activity levels".  Full Article

RPC Q1 earnings per share $0.02
Wednesday, 26 Apr 2017 06:50am EDT 

April 26 (Reuters) - RPC Inc ::RPC Inc reports first quarter 2017 financial results.Q1 earnings per share $0.02.Q1 revenue $298.1 million versus I/B/E/S view $269.8 million.Q1 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.RPC Inc - currently forecast "modest " capital expenditures during remainder of 2017.RPC Inc - believe that existing cash balance and projected operating cash flows will be adequate for cash needs during remainder of this year.RPC Inc - "industry activity accelerated during q1 of 2017".RPC Inc - "we will continue to reactivate our idle pressure pumping fleet based on customer demand".  Full Article

RPC Inc reports Q4 loss per share $0.10
Wednesday, 25 Jan 2017 06:50am EST 

RPC Inc : RPC Inc reports fourth quarter 2016 financial results . Q4 loss per share $0.10 . Q4 revenue $221 million versus I/B/E/S view $210 million . Q4 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S . RPC Inc - average U.S. Domestic rig count during Q4 of 2016 was 589, a decrease of 21.8 percent compared to same period in 2015 .RPC Inc - "We continue to project minimal capital expenditures during near term".  Full Article

RPC Inc reports third quarter 2016 financial results
Wednesday, 26 Oct 2016 06:50am EDT 

RPC Inc : RPC inc reports third quarter 2016 financial results . Q3 loss per share $0.18 . Q3 revenue $175.9 million versus I/B/E/S view $159.4 million .Q3 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S.  Full Article

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

BRIEF-RPC, Inc. Reports third quarter 2017 financial results

* Q3 earnings per share view $0.29 -- Thomson Reuters I/B/E/S