RPC, Inc. (NYSE:RES – Get Free Report) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Monday, August 10th will be given a dividend of 0.04 per share by the oil and gas company on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, August 10th.
RPC has a payout ratio of 36.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect RPC to earn $0.25 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 64.0%.
RPC Stock Up 6.0%
RPC stock opened at $5.42 on Friday. The company has a current ratio of 3.13, a quick ratio of 2.61 and a debt-to-equity ratio of 0.03. RPC has a 1-year low of $4.18 and a 1-year high of $8.16. The firm’s fifty day simple moving average is $6.23 and its 200-day simple moving average is $6.47. The company has a market capitalization of $1.20 billion, a P/E ratio of 60.28 and a beta of 0.64.
RPC News Summary
Here are the key news stories impacting RPC this week:
- Positive Sentiment: Adjusted earnings beat estimates: RPC reported second-quarter 2026 earnings of $0.08 per share, double the $0.04 analyst consensus and matching the prior-year result. RPC Q2 Earnings Surpass Estimates
- Positive Sentiment: Profitability improved significantly: Revenue increased 9.5% year over year to $460.9 million, while net income rose to $12.1 million from $0.9 million in the first quarter. The net margin expanded sequentially by 240 basis points to 2.6%. Support Services revenue grew 11% sequentially, and Technical Services revenue increased 1%. RPC Reports Q2 Revenue and Declares Dividend
- Positive Sentiment: Dividend maintained: RPC declared a quarterly cash dividend of $0.04 per share, payable September 10 to shareholders of record on August 10. The annualized payout is approximately $0.16 per share, representing a yield of about 2.9%. RPC Second-Quarter Results and Dividend Announcement
- Neutral Sentiment: Revenue slightly missed forecasts: Quarterly revenue of $460.87 million was below the approximately $463.48 million consensus estimate, limiting the upside from the earnings report. RPC nevertheless ended the quarter with $179.5 million in cash and no borrowings under its $100 million revolving credit facility. RPC Q2 2026 Earnings Call Transcript
About RPC
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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