RPC Management
Management criteria checks 3/4
RPC's CEO is Ben Palmer, appointed in May 2022, has a tenure of 4.17 years. total yearly compensation is $3.19M, comprised of 19.4% salary and 80.6% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $6.87M. The average tenure of the management team and the board of directors is 4.2 years and 4.3 years respectively.
Key information
Ben Palmer
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 19.36% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.2yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Narrative Update • Jun 30
RES: Updated Earnings Outlook And CEO Transition Will Shape Future Upside
Analysts have modestly increased the price target for RPC, reflecting updated views on fair value, profitability expectations, and a more conservative forward P/E assumption based on recent research. Analyst Commentary on RPC Recent research on RPC points to a more constructive tone from bullish analysts, who have been updating their models and price targets in response to the latest information on the company.Seeking Alpha • Jun 25
RPC: A Forced Fresh Start
Summary RPC shares plunged after CEO Ben Palmer announced his retirement. RES operates in a fast-moving, technology-intensive oil & gas sector where competitive advantages are fleeting and constant innovation is required. The company's conservative approach ensures an adequate return under adverse conditions. But strict adherence (blindly) to the criteria may risk missing necessary investments with uncertain payback. I remain extremely cautious on RES due to leadership transition risks and the industry's relentless demand for technological adaptation. The market may be correct about the perceived importance of the CEO to the company's success. Read the full article on Seeking Alpha
Narrative Update • Jun 16
RES: Future P/E Compression Will Limit Upside Despite Strong Recent Performance
Analysts have increased their price target on RPC stock by $1.50 in recent updates, citing changes in assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. Analyst Commentary Recent research on RPC stock points to a mixed tone, where changes to price targets are paired with caution around how sustainable current assumptions might be.
Narrative Update • Jun 02
RES: Discount Rate And Margin Assumptions Will Likely Shape Balanced Future Returns
Analysts have nudged their price target for RPC higher to $6.54 from $6.44, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions highlighted in recent Street research. Analyst Commentary Recent research points to a slightly higher fair value for RPC, with the price target moving to $6.54 as analysts refresh their assumptions on discount rates, revenue, margins and the P/E they are willing to pay for the stock.Narrative Update • Apr 23
RES: Discount Rate Sensitivity Will Likely Pressure Returns Despite Higher Price Objective
Analysts have lifted their price target on RPC by about $0.78 to reflect updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent Street research points to a slightly higher fair value estimate for RPC, with the latest price target increase of about $1 framed around updated assumptions for revenue, margins, discount rate and future P/E levels.Narrative Update • Apr 09
RES: Model Driven Assumptions Around Future P/E Will Constrain Shareholder Upside
Analysts lifted their price target on RPC by $1 to reflect updated views around a slightly adjusted discount rate, revenue growth, profit margin, and future P/E assumptions. This narrative update outlines what that means for you as a shareholder.Narrative Update • Mar 25
RES: Flattish U.S. Activity And Neutral Stance Will Limit Future Upside
Analysts have raised their price target on RPC to $6 from $5.50, reflecting updated views that U.S. drilling and completions activity has held steadier than many expected, along with modest adjustments to assumptions for growth, margins and future P/E. Analyst Commentary Bearish analysts are treating the higher US$6 price target as a measured adjustment rather than a bullish call, keeping a Neutral stance even as U.S. activity has held steadier than many expected.Narrative Update • Mar 10
RES: Flattish U.S. Activity And Modest Outlook Will Constrain Future Upside
Analysts have raised their price target on RPC to $6 from $5.50, citing steadier than anticipated U.S. drilling and completions activity as a key support for the revised outlook. Analyst Commentary While the higher price target to $6 points to some confidence in steadier U.S. drilling and completions activity, the neutral rating underlines that analysts still see a balanced risk and reward profile for RPC at current levels.Narrative Update • Feb 24
RES: Flattish U.S. Activity And Lower P/E Assumptions Will Limit Future Upside
Analysts lifted their price target on RPC to $6 from $5.50, pointing to steadier than expected U.S. drilling and completions activity and modest adjustments to growth, profitability, discount rate, and forward P/E assumptions. Analyst Commentary Analysts are highlighting that the change in RPC's price target to $6, from $5.50, reflects tweaks to assumptions on growth, profitability, discount rates, and forward P/E rather than a strong shift in underlying fundamentals.Narrative Update • Feb 09
RES: Flattish U.S. Drilling And Completions Trends Will Restrain Future Upside
Analysts raised their price target on RPC to $6.00 from $5.50, citing steadier-than-expected U.S. drilling and completions activity as a key support for the revised valuation. Analyst Commentary The latest target move to US$6.00, paired with a Neutral rating, signals that analysts see some support from steadier U.S. drilling and completions activity but are not ready to lean aggressively positive on RPC at this stage.Analysis Article • Jan 31
RPC (NYSE:RES) Has Affirmed Its Dividend Of $0.04
The board of RPC, Inc. ( NYSE:RES ) has announced that it will pay a dividend on the 10th of March, with investors...Narrative Update • Jan 26
RES: October Surge And Flat U.S. Activity Will Constrain Future Upside
Narrative update on RPC Analysts have inched their price expectations for RPC higher, with recent targets clustering around the US$6 range. They point to steadier than expected U.S. drilling and completions activity, alongside a stock move that has already captured much of the perceived upside.Narrative Update • Jan 12
RES: October Surge And Steady Activity Will Limit Future Upside Potential
Analyst Price Target Narrative Update The analyst price target for RPC has moved modestly higher to US$6, with analysts pointing to steadier than expected U.S. drilling and completions activity, alongside recent valuation driven rating changes, as key drivers of the shift. Analyst Commentary Recent research around RPC points to a more balanced stance, with the higher US$6 price target sitting alongside greater caution on upside after the stock's move following the Q3 report.Analysis Article • Jan 06
Is RPC, Inc. (NYSE:RES) Trading At A 36% Discount?
Key Insights The projected fair value for RPC is US$8.97 based on 2 Stage Free Cash Flow to Equity Current share price...Narrative Update • Dec 26
RES: October Rally Will Curb Future Upside As Earnings Expectations Normalize
Analysts have raised their price target on RPC, Inc. by about $1 per share, reflecting a modestly higher fair value estimate and stronger revenue expectations, even as they caution that the recent share price rally limits near term upside.Narrative Update • Dec 12
RES: Share Price Will Face Pressure As Earnings Expectations Reset
Analysts have trimmed their price target on RPC to approximately $4.00 per share from about $4.75, reflecting a more cautious view on future growth and valuation following the recent sector re-rating and the stock's strong run. Analyst Commentary Bearish analysts have highlighted a growing disconnect between RPC's recent share price performance and their expectations for the company's medium term earnings power.Analysis Article • Dec 04
RPC's (NYSE:RES) Returns On Capital Are Heading Higher
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Nov 02
RPC (NYSE:RES) Is Due To Pay A Dividend Of $0.04
The board of RPC, Inc. ( NYSE:RES ) has announced that it will pay a dividend of $0.04 per share on the 10th of...Narrative Update • Nov 01
RES: Sector Crosscurrents And Completed Buyback Will Shape Outlook Ahead
Narrative Update on RPC Analyst Price Target Analysts have reduced RPC's price target from $5 to $4, citing ongoing industry crosscurrents and subdued market activity as key factors driving the updated outlook. Analyst Commentary Bullish Takeaways Industry participants note that, despite current crosscurrents, the sector managed to end the period essentially flat.Narrative Update • Oct 18
Digitalization And Cleaner Services Will Transform Oilfield Operations
Analysts have lowered their price target for RPC, Inc. from $5 to $4, citing challenging industry crosscurrents and a softer growth outlook due to market volatility.Analysis Article • Oct 14
Getting In Cheap On RPC, Inc. (NYSE:RES) Is Unlikely
It's not a stretch to say that RPC, Inc.'s ( NYSE:RES ) price-to-earnings (or "P/E") ratio of 17.7x right now seems...Analysis Article • Aug 23
We Think RPC (NYSE:RES) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Narrative • Jul 13
Pintail Acquisition And Modernization Will Secure Resilient Oilfield Services
Strategic acquisitions, operational upgrades, and technology investments are strengthening RPC's earnings stability, margin potential, and ability to attract premium clients.Analysis Article • Jul 08
RPC (NYSE:RES) Is Experiencing Growth In Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Feb 27
RPC (NYSE:RES) Is Doing The Right Things To Multiply Its Share Price
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Dec 19
RPC, Inc.'s (NYSE:RES) Business And Shares Still Trailing The Market
With a price-to-earnings (or "P/E") ratio of 10.4x RPC, Inc. ( NYSE:RES ) may be sending bullish signals at the moment...Analysis Article • Nov 22
The Return Trends At RPC (NYSE:RES) Look Promising
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Seeking Alpha • Nov 03
RPC: The Ugly Duckling Of The Stock Market Is Undervalued And Very Profitable
Summary RPC’s net operating profit after tax, NOPAT, at $149 million, is greater than the reported income of $114 million for the trailing 12 months. RPC’s return on invested capital, ROIC, has grown from 2.4% to nearly 12%. RPC has generated $346.6 million in FCF since 2020, while paying out $77.6 million in dividends and buying back nearly $42 million of its own stock. Read the full article on Seeking AlphaAnalysis Article • Oct 27
RPC (NYSE:RES) Is Due To Pay A Dividend Of $0.04
RPC, Inc. ( NYSE:RES ) will pay a dividend of $0.04 on the 10th of December. This means the dividend yield will be...Analysis Article • Sep 04
Investors Aren't Buying RPC, Inc.'s (NYSE:RES) Earnings
RPC, Inc.'s ( NYSE:RES ) price-to-earnings (or "P/E") ratio of 11.1x might make it look like a buy right now compared...Seeking Alpha • Aug 05
RPC Offers Margin Of Safety, And Well Supported Dividends
Summary RPC, Inc. operates oilfield services and equipment companies in the US and internationally, focusing on value creation and growing profitability. The company's technical and support services cater to oil and gas companies, with pressure pumping and downhole tools being major revenue drivers. RPC has increased profitability, capital efficiency, and free cash flow generation, with its current operations valued significantly lower than its market capitalization, providing a margin of safety for investors. Read the full article on Seeking AlphaAnalysis Article • Jul 28
RPC (NYSE:RES) Has Announced A Dividend Of $0.04
The board of RPC, Inc. ( NYSE:RES ) has announced that it will pay a dividend on the 10th of September, with investors...Analysis Article • Jun 17
Calculating The Intrinsic Value Of RPC, Inc. (NYSE:RES)
Key Insights RPC's estimated fair value is US$7.20 based on 2 Stage Free Cash Flow to Equity RPC's US$6.09 share price...Analysis Article • Apr 28
RPC (NYSE:RES) Has Affirmed Its Dividend Of $0.04
RPC, Inc.'s ( NYSE:RES ) investors are due to receive a payment of $0.04 per share on 10th of June. This means the...Analysis Article • Apr 18
Slowing Rates Of Return At RPC (NYSE:RES) Leave Little Room For Excitement
What are the early trends we should look for to identify a stock that could multiply in value over the long term...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$20m |
| Dec 31 2025 | US$3m | US$618k | US$31m |
| Sep 30 2025 | n/a | n/a | US$47m |
| Jun 30 2025 | n/a | n/a | US$53m |
| Mar 31 2025 | n/a | n/a | US$75m |
| Dec 31 2024 | US$2m | US$600k | US$90m |
| Sep 30 2024 | n/a | n/a | US$117m |
| Jun 30 2024 | n/a | n/a | US$117m |
| Mar 31 2024 | n/a | n/a | US$149m |
| Dec 31 2023 | US$2m | US$600k | US$192m |
| Sep 30 2023 | n/a | n/a | US$238m |
| Jun 30 2023 | n/a | n/a | US$288m |
| Mar 31 2023 | n/a | n/a | US$271m |
| Dec 31 2022 | US$2m | US$544k | US$215m |
| Sep 30 2022 | n/a | n/a | US$142m |
| Jun 30 2022 | n/a | n/a | US$79m |
| Mar 31 2022 | n/a | n/a | US$32m |
| Dec 31 2021 | US$733k | US$450k | US$7m |
| Sep 30 2021 | n/a | n/a | -US$15m |
| Jun 30 2021 | n/a | n/a | -US$37m |
| Mar 31 2021 | n/a | n/a | -US$61m |
| Dec 31 2020 | US$706k | US$375k | -US$212m |
| Sep 30 2020 | n/a | n/a | -US$225m |
| Jun 30 2020 | n/a | n/a | -US$278m |
| Mar 31 2020 | n/a | n/a | -US$247m |
| Dec 31 2019 | US$1m | US$450k | -US$87m |
Compensation vs Market: Ben's total compensation ($USD3.19M) is below average for companies of similar size in the US market ($USD5.17M).
Compensation vs Earnings: Ben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ben Palmer (66 yo)
4.2yrs
Tenure
US$3,192,075
Compensation
Mr. Ben M. Palmer was President, Chief Executive Officer & Director of Marine Products Corporation until May 15, 2026. He serves as Treasurer at Cudd Energy Services, Inc. Mr. Palmer had been Chief Financi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 39.5yrs | US$2.43m | 1.5% $ 18.4m | |
| CEO, President & Director | 4.2yrs | US$3.19m | 0.56% $ 6.9m | |
| VP, CFO | 4.2yrs | US$1.46m | 0.10% $ 1.3m | |
| Vice President of Corporate Finance & Investor Relations | no data | no data | no data | |
| Director of Corporate Communications & Compliance and Assistant Corporate Secretary | no data | no data | no data | |
| Vice President of Corporate Development & Investor Relations | no data | no data | no data |
4.2yrs
Average Tenure
66yo
Average Age
Experienced Management: RES's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 39.5yrs | US$2.43m | 1.5% $ 18.4m | |
| CEO, President & Director | 4.2yrs | US$3.19m | 0.56% $ 6.9m | |
| Lead Independent Director | 5.9yrs | US$157.00k | 0.012% $ 146.8k | |
| Independent Director | 1.3yrs | US$101.92k | 0.0079% $ 97.0k | |
| Independent Director | 4.3yrs | US$136.00k | 0.016% $ 193.9k | |
| Non-Independent Director | 9.8yrs | US$127.00k | 1.52% $ 18.7m | |
| Director | 3.7yrs | US$127.00k | 1.02% $ 12.5m | |
| Independent Director | 5.5yrs | US$131.00k | 0.018% $ 219.2k | |
| Independent Director | 5.5yrs | US$150.00k | 0.019% $ 227.6k | |
| Independent Director | 1yr | US$74.25k | no data | |
| Non-Independent Director | less than a year | no data | 0.0034% $ 41.3k |
4.3yrs
Average Tenure
64yo
Average Age
Experienced Board: RES's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/09 21:44 |
| End of Day Share Price | 2026/07/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
RPC, Inc. is covered by 33 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tim Monachello | ATB Cormark |
| Daniel Boyd | BMO Capital Markets Equity Research |
| Chase Mulvehill | BofA Global Research |