Citigroup upgraded RPC from Sell to Neutral and set a new price target of $4.75
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/8/2025 | $4.75 | Sell → Neutral | Citigroup |
| 6/16/2023 | $8.25 → $7.00 | Neutral → Sell | Citigroup |
| 4/28/2022 | $13.00 | Hold → Accumulate | Johnson Rice |
| 9/13/2021 | Sell → Neutral | Citigroup |
ATLANTA, April 24, 2025 /PRNewswire/ -- RPC, Inc. (NYSE:RES) ("RPC" or the "Company"), a leading diversified oilfield services company, announced its unaudited results for the first quarter ended March 31, 2025. * Non-GAAP measures, including EBITDA, EBITDA margin and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release. * Sequential comparisons are to 4Q:24. The Company believes quarterly sequential comparisons are most useful in assessing industry trends and RPC's recent financial results. Both sequential and year-over-year comparisons are available in the tables at the end of this earnings release. First Quarter 2025 Results & Pint
ATLANTA, April 3, 2025 /PRNewswire/ -- RPC, Inc. (NYSE:RES) announced today that it will release its financial results for the first quarter ended March 31, 2025 on Thursday, April 24, 2025 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, April 24, 2025 at 9:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 440-5966, or (646) 960-0125 for international callers, and use conference ID number 9842359. For interested individuals unable to join by telephone, the call also will be broadcast and archived for 90 da
ATLANTA, April 2, 2025 /PRNewswire/ -- RPC, Inc. (NYSE:RES) ("RPC") announced the acquisition, effective April 1, 2025, of Pintail Alternative Energy, L.L.C. ("Pintail"), which does business under the name "Pintail Completions", for approximately $245 million, subject to customary post-closing adjustments. Pintail is headquartered in Midland, Texas and is a leading provider of oilfield wireline services in the Permian basin. Strategic Highlights Strategic acquisition of wireline completions services market leader in Permian BasinAligns with RPC's focus on service lines that command strong margins and demonstrate high free cash flow conversion characteristicsBuilds on RPC's diversified oilfi