Ridgepost Capital, Inc (NYSE:RPC) Announces Quarterly Dividend of $0.04

Ridgepost Capital, Inc (NYSE:RPC) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 31st will be paid a dividend of 0.04 per share on Friday, September 18th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, August 31st.

Ridgepost Capital Stock Down 1.9%

RPC stock opened at $8.87 on Thursday. Ridgepost Capital has a twelve month low of $6.79 and a twelve month high of $13.08. The stock has a market capitalization of $971.09 million, a price-to-earnings ratio of 40.32 and a beta of 0.88. The stock has a fifty day simple moving average of $8.21. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.70 and a current ratio of 2.70.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Ridgepost Capital from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 12th. Barclays upped their target price on shares of Ridgepost Capital from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Oppenheimer reaffirmed an “outperform” rating on shares of Ridgepost Capital in a research note on Friday, May 8th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Ridgepost Capital in a research note on Monday, June 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $12.00.

About Ridgepost Capital

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.