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RPC Inc (RES.N)

RES.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

RPC Inc Q3 Earnings Per Share $0.23
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - RPC Inc ::RPC, INC. REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE $440 MILLION VERSUS I/B/E/S VIEW $457.3 MILLION.Q3 EARNINGS PER SHARE $0.23.Q3 EARNINGS PER SHARE VIEW $0.23 -- THOMSON REUTERS I/B/E/S."WE HAVE NOT YET EXPERIENCED ANY DIRECT IMPACT FROM PERMIAN BASIN TAKEAWAY CAPACITY CONSTRAINTS".OILFIELD COMPLETION ACTIVITY INCREASED SLIGHTLY DURING Q3.RPC - IN QUARTER, "BEGAN TO EXPERIENCE WEAKNESS IN THE PRICING FOR OUR PRESSURE PUMPING SERVICES AS ADDITIONAL HORSEPOWER CONTINUED TO ENTER THE MARKET".LABOR SHORTAGES ALSO CONTINUE TO BE A SIGNIFICANT ISSUE IN INDUSTRY.  Full Article

RPC Board Declares Special Year-End Cash Dividend Of $0.07/Share
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - RPC Inc ::RPC INC ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND AND SPECIAL YEAR-END CASH DIVIDEND.RPC INC - BOARD DECLARED A SPECIAL YEAR-END CASH DIVIDEND OF $0.07 PER SHARE.  Full Article

RPC Inc Q2 Earnings Per Share $0.28
Wednesday, 25 Jul 2018 

July 25 (Reuters) - RPC Inc ::RPC, INC. REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.28.Q2 REVENUE $467.9 MILLION VERSUS I/B/E/S VIEW $487.3 MILLION.Q2 EARNINGS PER SHARE VIEW $0.29 -- THOMSON REUTERS I/B/E/S.RPC - REDUCTION IN CUSTOMERS' ACTIVITIES IN PERMIAN BASIN REGION REPRESENTS A RISK TO CO'S NEAR-TERM FINANCIAL RESULTS.NOT YET EXPERIENCED ANY REDUCTIONS IN ACTIVITY IN PERMIAN BASIN REGION.PREPARED TO REPOSITION EQUIPMENT AND PERSONNEL TEMPORARILY TO OTHER OPERATING BASINS SHOULD CONDITIONS WARRANT.GIVEN CURRENT OPERATING ENVIRONMENT, HAVE NO PLANS AT THIS TIME TO ORDER ADDITIONAL PRESSURE PUMPING EQUIPMENT.  Full Article

RPC Inc Posts Q4 Adj. Earnings $0.18/Shr
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - RPC Inc ::RPC, INC. REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $0.27.Q4 REVENUE $427.3 MILLION VERSUS I/B/E/S VIEW $521.8 MILLION.Q4 EARNINGS PER SHARE VIEW $0.34 -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE $0.18 EXCLUDING ITEMS.DURING Q4 , RECORDED A NET DISCRETE TAX BENEFIT OF $19.3 MILLION AS A COMPONENT OF TAX EXPENSE AS A RESULT OF "TAX CUTS AND JOBS ACT.RPC -EXPECT RECENTLY ENACTED TAX REFORM TO HAVE "MEANINGFUL POSITIVE IMPACT" ON FINANCIAL RESULTS WITH INCREASED EARNINGS,OPERATING CASH FLOW IN 2018​.RPC - BELIEVE HIGHER OIL AND NATURAL GAS PRICES, LARGER MACRO TRENDS IN GLOBAL SUPPLY AND DEMAND, WILL INCREASE CUSTOMERS' ACTIVITIES DURING 2018.  Full Article

RPC Inc Increases Regular Quarterly Cash Dividend By 43 Pct
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - RPC Inc ::RPC, INC. ANNOUNCES 43 PERCENT INCREASE IN REGULAR QUARTERLY CASH DIVIDEND.RPC INC - ‍BOARD OF DIRECTORS DECLARED A 43 PERCENT INCREASE TO REGULAR QUARTERLY CASH DIVIDEND FROM $0.07 PER SHARE TO $0.10 PER SHARE​.  Full Article

RPC Inc announces regular quarterly cash dividend and special year-end cash dividend
Wednesday, 25 Oct 2017 

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 

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

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BP 'blowout' results keep FTSE afloat as Reckitt tumbles

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