Recap: RPC Q1 Earnings

Shares of RPC RES were unchanged at $3.07 after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 0.00% year over year to ($0.04), which beat the estimate of ($0.06).

Revenue of $243,777,000 less by 27.16% from the same period last year, which beat the estimate of $234,340,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

52-week high: $10.47

52-week low: $1.72

Price action over last quarter: down 34.40%

Company Description

RPC provides pressure pumping, coiled tubing, downhole tools, snubbing, nitrogen, rentals, and other oilfield products and services chiefly to U.S. onshore customers. The company's flagship subsidiary, Cudd Energy Services, has a strong reputation throughout the industry and was originally founded in 1977.