Market Overview

RPC: Q3 Earnings Insights

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Shares of RPC (NYSE:RES) decreased 1.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 12.50% over the past year to ($0.09), which were in line with the estimate of ($0.09).

Revenue of $116,588,000 declined by 60.24% year over year, which beat the estimate of $96,090,000.

Guidance

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

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

How To Listen To The Conference Call

Date: Oct 28, 2020

Time: 09:00 AM

ET Webcast URL: https://www.rpc.net/RPC-Inc-Announces-Date-for-Third-Quarter-2020-Financial-Results-and-Conference-Call-10-7-2020

Price Action

Company's 52-week high was at $5.35

52-week low: $1.72

Price action over last quarter: down 13.44%

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.

 

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Posted-In: Earnings News