Tillkännagivande • May 02
RPC, Inc. Elects Wesley N. Slagle to the Board of Directors RPC, Inc. announced the election of Wesley N. Slagle to the Board of Directors of the Company. Mr. Slagle is the President of RFA Management Company, LLC and holds a B.S. in systems engineering from the United States Naval Academy and an MBA from Emory University. Previously, he held multiple positions at Goldman Sachs from 2014 to 2022, including Managing Director and Mid-Atlantic Region Head of the firm's Private Wealth Management division. Prior to his time at Goldman Sachs, Mr. Slagle worked in various roles at AllianceBernstein, GE Energy and the US Navy, where he served as an officer onboard a nuclear-powered fast attack submarine. Tillkännagivande • Feb 19
RPC, Inc., Annual General Meeting, Apr 28, 2026 RPC, Inc., Annual General Meeting, Apr 28, 2026. Tillkännagivande • Jan 20
RPC, Inc. to Report Q4, 2025 Results on Feb 03, 2026 RPC, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026 Tillkännagivande • Oct 30
RPC, Inc. Declares Quarterly Cash Dividend, Payable on December 10, 2025 The Board of Directors of RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable on December 10, 2025, to common stockholders of record at the close of business on November 10, 2025. Tillkännagivande • Oct 08
RPC, Inc. to Report Q3, 2025 Results on Oct 30, 2025 RPC, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 30, 2025 Tillkännagivande • Jul 24
RPC, Inc. Declares Quarterly Cash Dividend, Payable on September 10, 2025 The Board of Directors of RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable on September 10, 2025, to common stockholders of record at the close of business on August 11, 2025. Tillkännagivande • Jul 15
Rpc, Inc. Appoints Gary Kolstad to Its Board, Effective from July 14, 2025 RPC, Inc. board on July 14, 2025 announced appointment of Gary Kolstad to the Board of Directors of the Company, effective as of the same date. Kolstad holds a B.S. Degree from Montana Technological University in petroleum engineering and studied Psychology and Engineering at Montana State University-Bozeman. After a long career in various oilfield services positions at a large, international oil and gas services company, he served as Chairman and CEO of public and private companies and currently holds multiple Advisory Board Member and Investor positions. Tillkännagivande • Jul 02
RPC, Inc. to Report Q2, 2025 Results on Jul 24, 2025 RPC, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 24, 2025 Tillkännagivande • Apr 24
RPC, Inc. Declares Quarterly Cash Dividend to Common Stockholders, Payable on June 10, 2025 RPC, Inc. announced that the Board of Directors declared a regular quarterly cash dividend of $0.04 per share, payable on June 10, 2025, to common stockholders of record at the close of business on May 9, 2025. Tillkännagivande • Apr 04
RPC, Inc. to Report Q1, 2025 Results on Apr 24, 2025 RPC, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Tillkännagivande • Apr 03
RPC, Inc. (NYSE:RES) acquired Pintail Alternative Energy, Llc for approximately $250 million. RPC, Inc. (NYSE:RES) acquired Pintail Alternative Energy, Llc for approximately $250 million on April 1, 2025. Consideration was comprised of a combination of approximately $170 million cash-on-hand, $25 million of RPC restricted stock consideration and a $50 million three-year note to one of the sellers.
Arnall Golden Gregory, LLP acted as unknown for RPC, Inc. Piper Sandler Companies acted as unknown for Pintail Alternative Energy, Llc. Kirkland & Ellis LLP acted as unknown for Pintail Alternative Energy, Llc.
RPC, Inc. (NYSE:RES) completed the acquisition of Pintail Alternative Energy, Llc on April 1, 2025. Tillkännagivande • Mar 14
RPC, Inc., Annual General Meeting, Apr 22, 2025 RPC, Inc., Annual General Meeting, Apr 22, 2025. Location: 2170 piedmont road, ne,georgia 30324., atlanta United States Tillkännagivande • Feb 22
RPC, Inc. Announces Retirement of Pamela R. Rollins from He Board of Directors RPC, Inc. announced that on February 18, 2025, Pamela R. Rollins informed the Board of Directors of the Company that, after long periods of service, Pamela intended to retire from the Board and would not stand for re-election at the Company’s 2025 Annual Meeting of Stockholders. She will each continue to serve as directors until the Company’s 2025 Annual Meeting of Stockholders is held, and her resignation will become effective at that time. Tillkännagivande • Jan 31
RPC, Inc. Announces Board Resignations RPC, Inc. announced that in order to facilitate the declassification of the Company’s Board of Directors, on January 28, 2025, each of Gary W. Rollins, Richard A. Hubbell, John F. Wilson, Jerry W. Nix, Patrick J. Gunning and Ben M. Palmer has tendered his resignation from the Board of Directors, effective immediately prior to the holding of the election of directors at the 2025 Annual Meeting, solely for the purpose of shortening their terms as directors of the Company in order that each of them may be nominated for election as a director for a one-year term at the 2025 Annual Meeting. Tillkännagivande • Jan 30
RPC, Inc. Declares Quarterly Cash Dividend, Payable on March 10, 2025 The board of directors of RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable on March 10, 2025, to common stockholders of record at the close of business on February 10, 2025. Tillkännagivande • Jan 08
RPC, Inc. to Report Q4, 2024 Results on Jan 30, 2025 RPC, Inc. announced that they will report Q4, 2024 results Pre-Market on Jan 30, 2025 Declared Dividend • Oct 27
Third quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 8th November 2024 Payment date: 10th December 2024 Dividend yield will be 2.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$0.087 (vs US$0.085 in 3Q 2023) Third quarter 2024 results: EPS: US$0.087 (up from US$0.085 in 3Q 2023). Revenue: US$337.7m (up 2.2% from 3Q 2023). Net income: US$18.8m (up 4.2% from 3Q 2023). Profit margin: 5.6% (up from 5.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 24
RPC, Inc. Declares Quarterly Cash Dividend, Payable on December 10, 2024 The Board of Directors of RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable on December 10, 2024, to common stockholders of record at the close of business on November 11, 2024. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €6.50, the stock trades at a trailing P/E ratio of 13x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.21 per share. Buy Or Sell Opportunity • Oct 08
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to €6.50. The fair value is estimated to be €5.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • Oct 08
RPC, Inc. to Report Q3, 2024 Results on Oct 24, 2024 RPC, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €6.00, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 77% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.24 per share. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €6.90, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.13 per share. Declared Dividend • Jul 29
Second quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 9th August 2024 Payment date: 10th September 2024 Dividend yield will be 2.4%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jul 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (7.9% net profit margin). Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.30 in 2Q 2023) Second quarter 2024 results: EPS: US$0.15 (down from US$0.30 in 2Q 2023). Revenue: US$364.2m (down 12% from 2Q 2023). Net income: US$32.4m (down 49% from 2Q 2023). Profit margin: 8.9% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 25
RPC, Inc. Declares Regular Quarterly Cash Dividend, Payable on September 10, 2024 The Board of Directors of RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable September 10, 2024, to common stockholders of record at the close of business on August 9, 2024. Buy Or Sell Opportunity • Jul 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to €5.20. The fair value is estimated to be €6.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • Jul 11
RPC, Inc. to Report Q2, 2024 Results on Jul 25, 2024 RPC, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 25, 2024 Buy Or Sell Opportunity • Jul 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to €5.35. The fair value is estimated to be €6.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Declared Dividend • Apr 29
First quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 9th May 2024 Payment date: 10th June 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Apr 26
Now 25% undervalued The stock has been flat over the last 90 days, currently trading at €6.80. The fair value is estimated to be €9.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 7.2% in a year. Earnings are forecast to grow by 12% in the next year. Tillkännagivande • Apr 26
RPC, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 10, 2024 The Board of Directors of RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable June 10, 2024, to common stockholders of record at the close of business on May 10, 2024. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.13 (vs US$0.33 in 1Q 2023) First quarter 2024 results: EPS: US$0.13 (down from US$0.33 in 1Q 2023). Revenue: US$377.8m (down 21% from 1Q 2023). Net income: US$27.5m (down 61% from 1Q 2023). Profit margin: 7.3% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 05
RPC, Inc. to Report Q1, 2024 Results on Apr 25, 2024 RPC, Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 25, 2024 Tillkännagivande • Mar 15
RPC, Inc., Annual General Meeting, Apr 23, 2024 RPC, Inc., Annual General Meeting, Apr 23, 2024, at 12:15 US Eastern Standard Time. Location: 2170 Piedmont Road NE Atlanta Georgia United States Agenda: To consider and to elect the three Class II nominees identified in the attached Proxy Statement to the Board of Directors; to consider and to ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31 2024; to consider and to approve the proposed 2024 Stock Incentive Plan; and to consider and to act upon such other business as may properly come before the Annual Meeting or any adjournment of the meeting. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: US$0.90 (vs US$1.01 in FY 2022) Full year 2023 results: EPS: US$0.90 (down from US$1.01 in FY 2022). Revenue: US$1.62b (up 1.0% from FY 2022). Net income: US$195.1m (down 9.3% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.0% to €6.30. The fair value is estimated to be €7.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Feb 01
Upcoming dividend of US$0.04 per share at 2.2% yield Eligible shareholders must have bought the stock before 08 February 2024. Payment date: 11 March 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.4%). Declared Dividend • Jan 28
Fourth quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 8th February 2024 Payment date: 11th March 2024 Dividend yield will be 2.2%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 2.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$0.90 (vs US$1.01 in FY 2022) Full year 2023 results: EPS: US$0.90 (down from US$1.01 in FY 2022). Revenue: US$1.62b (up 1.0% from FY 2022). Net income: US$195.1m (down 9.3% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 25
RPC, Inc. Declares Regular Quarterly Cash Dividend, Payable on March 11, 2024 RPC, Inc. declared a regular quarterly cash dividend of $0.04 per share, payable March 11, 2024, to common stockholders of record at the close of business on February 9, 2024. Tillkännagivande • Jan 10
RPC, Inc. to Report Q4, 2023 Results on Jan 25, 2024 RPC, Inc. announced that they will report Q4, 2023 results Pre-Market on Jan 25, 2024 Upcoming Dividend • Nov 02
Upcoming dividend of US$0.04 per share at 2.0% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.2%). New Risk • Oct 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Tillkännagivande • Oct 26
RPC, Inc. Announces Regular Quarterly Cash Dividend, Payable on December 11, 2023 RPC, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share payable December 11, 2023 to common stockholders of record at the close of business on November 10, 2023. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.085 (vs US$0.32 in 3Q 2022) Third quarter 2023 results: EPS: US$0.085 (down from US$0.32 in 3Q 2022). Revenue: US$330.4m (down 28% from 3Q 2022). Net income: US$18.3m (down 73% from 3Q 2022). Profit margin: 5.5% (down from 15% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 05
RPC, Inc. to Report Q3, 2023 Results on Oct 25, 2023 RPC, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 25, 2023 Upcoming Dividend • Aug 02
Upcoming dividend of US$0.04 per share at 2.0% yield Eligible shareholders must have bought the stock before 09 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Tillkännagivande • Jul 27
RPC, Inc. Announces Quarterly Cash Dividend, Payable on September 11, 2023 RPC, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share payable September 11, 2023 to common stockholders of record at the close of business on August 10, 2023. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$0.30 (vs US$0.22 in 2Q 2022) Second quarter 2023 results: EPS: US$0.30 (up from US$0.22 in 2Q 2022). Revenue: US$415.9m (up 11% from 2Q 2022). Net income: US$65.0m (up 41% from 2Q 2022). Profit margin: 16% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jul 27
Now 23% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be €9.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 5.2% in a year. Earnings is forecast to decline by 2.0% in the next year. Tillkännagivande • Jul 06
RPC, Inc. to Report Q2, 2023 Results on Jul 26, 2023 RPC, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 26, 2023 Tillkännagivande • Jul 01
RPC, Inc. (NYSE:RES) acquired Spinnaker Oilfield Services LLC for $79.5 million. RPC, Inc. (NYSE:RES) acquired Spinnaker Oilfield Services LLC for $79.5 million on June 30, 2023. Under the terms of the transaction, RPC paid approximately $77.0 million of cash, and the $2.0 million payoff and $0.5 million assumption of capital lease liabilities subject to post-closing adjustments. Arnall Golden Gregory LLP acted as legal counsel to RPC. FMI Capital Advisors, Inc. acted as financial advisor and Locke Lord LLP acted as legal counsel to Spinnaker.RPC, Inc. (NYSE:RES) completed the acquisition of Spinnaker Oilfield Services LLC on June 30, 2023. Tillkännagivande • Jun 25
RPC, Inc.(NYSE:RES) dropped from Russell Small Cap Comp Growth Index RPC, Inc.(NYSE:RES) dropped from Russell Small Cap Comp Growth Index Upcoming Dividend • May 02
Upcoming dividend of US$0.04 per share at 2.2% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.3%). Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: US$0.33 (vs US$0.07 in 1Q 2022) First quarter 2023 results: EPS: US$0.33 (up from US$0.07 in 1Q 2022). Revenue: US$476.7m (up 68% from 1Q 2022). Net income: US$71.5m (up 381% from 1Q 2022). Profit margin: 15% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €7.50, the stock trades at a trailing P/E ratio of 8x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 267% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.16 per share. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$1.01 (vs US$0.033 in FY 2021) Full year 2022 results: EPS: US$1.01 (up from US$0.033 in FY 2021). Revenue: US$1.60b (up 85% from FY 2021). Net income: US$215.2m (up US$208.0m from FY 2021). Profit margin: 13% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 02
Upcoming dividend of US$0.04 per share at 1.6% yield Eligible shareholders must have bought the stock before 09 February 2023. Payment date: 10 March 2023. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €9.15, the stock trades at a trailing P/E ratio of 9.7x. Average forward P/E is 12x in the Energy Services industry in Europe. Total returns to shareholders of 161% over the past three years. Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$1.01 (vs US$0.033 in FY 2021) Full year 2022 results: EPS: US$1.01 (up from US$0.033 in FY 2021). Revenue: US$1.60b (up 85% from FY 2021). Net income: US$218.4m (up US$211.2m from FY 2021). Profit margin: 14% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 26
RPC, Inc. Increases Regular Quarterly Cash Dividend, Payable on March 10, 2023 RPC, Inc. announced that its Board of Directors declared a $0.02 per share increase to the regular quarterly cash dividend from $0.02 per share to $0.04 per share payable March 10, 2023 to common stockholders of record at the close of business on February 10, 2023. Buying Opportunity • Jan 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 6.8%. The fair value is estimated to be €10.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 102% in the next 2 years. Tillkännagivande • Jan 05
RPC, Inc. to Report Q4, 2022 Results on Jan 25, 2023 RPC, Inc. announced that they will report Q4, 2022 results Pre-Market on Jan 25, 2023 Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Tim Rollins was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 16
Director recently sold €2.0m worth of stock On the 7th of November, Timothy Rollins sold around 193k shares on-market at roughly €10.43 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Recent Insider Transactions • Nov 09
Director recently sold €2.0m worth of stock On the 7th of November, Timothy Rollins sold around 193k shares on-market at roughly €10.43 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • Nov 02
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 3.0% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.7%). Tillkännagivande • Nov 01
RPC, Inc. Appoints Timothy C. Rollins to the Board of Directors RPC, Inc. announced the appointment of Timothy C. Rollins to the Board of Directors of the Company. Rollins holds a B.S. Degree from Boston University with a major in Business Administration. He is a Trustee of Emory University and of Woodruff Health Sciences Center, is Vice President of Rollins Investment Corporation, and has served as a director of Marine Products Corporation since 2016. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.32 (vs US$0.025 in 3Q 2021) Third quarter 2022 results: EPS: US$0.32 (up from US$0.025 in 3Q 2021). Revenue: US$459.6m (up 104% from 3Q 2021). Net income: US$69.3m (up US$64.1m from 3Q 2021). Profit margin: 15% (up from 2.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 27
RPC, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 9, 2022 RPC, Inc. announced that its board of directors declared a regular quarterly cash dividend of $0.02 per share payable December 9, 2022 to common stockholders of record at the close of business on November 10, 2022. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 17% share price gain to €8.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 90% over the past three years. Tillkännagivande • Oct 06
RPC, Inc. to Report Q3, 2022 Results on Oct 26, 2022 RPC, Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 26, 2022 Upcoming Dividend • Aug 02
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 09 August 2022. Payment date: 09 September 2022. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%). Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$0.22 (vs US$0.003 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.22 (up from US$0.003 loss in 2Q 2021). Revenue: US$375.5m (up 99% from 2Q 2021). Net income: US$46.9m (up US$47.7m from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 37%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 28
RPC, Inc. Reinstates and Declares Quarterly Cash Dividend, Payable on September 9, 2022 RPC, Inc. announced that its Board of Directors reinstated and declared a regular quarterly cash dividend of $0.02 per share payable on September 9, 2022 to common stockholders of record at the close of business on August 10, 2022. Tillkännagivande • Jul 06
RPC, Inc. to Report Q2, 2022 Results on Jul 27, 2022 RPC, Inc. announced that they will report Q2, 2022 results on Jul 27, 2022 Tillkännagivande • Jun 26
RPC, Inc.(NYSE:RES) dropped from Russell 2000 Value Index RPC, Inc.(NYSE:RES) dropped from Russell 2000 Value Index Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €6.05, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Energy Services industry in Europe. Total loss to shareholders of 1.4% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$0.07 (vs US$0.045 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.07 (up from US$0.045 loss in 1Q 2021). Revenue: US$284.6m (up 56% from 1Q 2021). Net income: US$15.1m (up US$24.7m from 1Q 2021). Profit margin: 5.3% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 27
RPC, Inc. Appoints John F. Wilson to the Board of Directors RPC, Inc. announced appointment of John F. Wilson to the board of directors of the company effective April 26, 2022. Wilson is vice chairman of Rollins, Inc. and has previously served as president and chief operating officer of Rollins. Prior to that role served as vice president, and then president, of Orkin, LLC. In addition to his new role as an RPC director, Wilson is currently a director at Rollins, Inc. and is concurrently joining the board of Marine Products Corporation. Wilson will bring extensive operational, management, and leadership experience to the RPC, Inc. board of directors. Mr. Wilson will serve as a class II director. Tillkännagivande • Apr 06
RPC, Inc. to Report Q1, 2022 Results on Apr 27, 2022 RPC, Inc. announced that they will report Q1, 2022 results Pre-Market on Apr 27, 2022 Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.033 (up from US$1.00 loss in FY 2020). Revenue: US$864.9m (up 45% from FY 2020). Net income: US$7.22m (up US$219.4m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 41%, compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Jan 27
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.033 (up from US$1.00 loss in FY 2020). Revenue: US$864.9m (up 45% from FY 2020). Net income: US$7.22m (up US$219.4m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 42%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS US$0.024 (vs US$0.077 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$225.3m (up 93% from 3Q 2020). Net income: US$5.27m (up US$21.7m from 3Q 2020). Profit margin: 2.3% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 29
Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.12 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$188.8m (up 111% from 2Q 2020). Net loss: US$726.0k (loss narrowed 97% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
First quarter 2021 earnings released: US$0.045 loss per share (vs US$0.76 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$182.6m (down 25% from 1Q 2020). Net loss: US$9.66m (loss narrowed 94% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 16
RPC, Inc., Annual General Meeting, Apr 27, 2021 RPC, Inc., Annual General Meeting, Apr 27, 2021, at 12:15 US Eastern Standard Time. Location: 2170 Piedmont Road, NE Atlanta Georgia Agenda: To elect the three Class II nominees identified in the attached Proxy Statement to the Board of Directors; to ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2021; and to consider and act upon such other business as may properly come before the Annual Meeting or any adjournment of the meeting. Reported Earnings • Mar 01
Full year 2020 earnings released: US$1.00 loss per share (vs US$0.41 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$598.3m (down 51% from FY 2019). Net loss: US$212.2m (loss widened 143% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Mar 01
Revenue beats expectations Revenue exceeded analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 22% compared to a 4.0% decline forecast for the Energy Services industry in Germany. Is New 90 Day High Low • Feb 24
New 90-day high: €4.44 The company is up 49% from its price of €2.98 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.86 per share.