RPC (RES) Projected to Release Quarterly Earnings on Thursday

RPC (NYSE:RESGet Free Report) is expected to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect RPC to announce earnings of $0.04 per share and revenue of $463.48 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.

RPC (NYSE:RESGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. RPC had a return on equity of 4.82% and a net margin of 1.20%.The business had revenue of $454.75 million during the quarter, compared to analyst estimates of $406.68 million. During the same period in the prior year, the company posted $0.06 EPS. The business’s revenue for the quarter was up 36.6% compared to the same quarter last year. On average, analysts expect RPC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

RPC Stock Down 5.4%

RES opened at $5.17 on Wednesday. RPC has a 12 month low of $4.18 and a 12 month high of $8.16. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.13 and a quick ratio of 2.61. The stock has a market cap of $1.15 billion, a P/E ratio of 57.50 and a beta of 0.64. The stock’s 50 day moving average price is $6.31 and its 200 day moving average price is $6.48.

Wall Street Analysts Forecast Growth

RES has been the subject of a number of analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of RPC in a research report on Friday, July 10th. Susquehanna lowered their price target on RPC from $7.50 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, RPC presently has a consensus rating of “Reduce” and a consensus target price of $5.33.

Read Our Latest Stock Report on RES

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RES. EverSource Wealth Advisors LLC raised its holdings in RPC by 220.6% during the second quarter. EverSource Wealth Advisors LLC now owns 6,533 shares of the oil and gas company’s stock worth $31,000 after purchasing an additional 4,495 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in RPC by 243.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,681 shares of the oil and gas company’s stock valued at $41,000 after purchasing an additional 6,153 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of RPC during the 4th quarter valued at $48,000. CIBC Asset Management Inc acquired a new position in shares of RPC during the 4th quarter valued at $67,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of RPC in the 3rd quarter worth $72,000. 41.06% of the stock is currently owned by institutional investors.

About RPC

(Get Free Report)

RPC, Inc (NYSE: RES) provides essential equipment and services to companies engaged in the exploration, production and maintenance of oil and natural gas wells. The firm operates as an equity interest holding company, partnering with a network of independent service businesses to deliver a comprehensive suite of offerings for well completion and production operations.

Through its affiliated service companies, RPC offers pressure pumping and fracturing services, coiled tubing and nitrogen pumping, downhole tools and telemetry solutions, well intervention and workover services, along with rental tools and supply-chain logistics.

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Earnings History for RPC (NYSE:RES)

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