RPC (RES) to Post Quarterly Earnings on Thursday

RPC (NYSE:RES) will likely be issuing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect RPC to announce earnings of $0.04 per share and revenue of $463.48 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.

RPC (NYSE:RES) last issued its quarterly earnings results on Thursday, May 7th. The oil and gas company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. RPC had a return on equity of 4.82% and a net margin of 1.20%.The company had revenue of $454.75 million during the quarter, compared to the consensus estimate of $406.68 million. During the same period in the previous year, the firm posted $0.06 EPS. RPC’s revenue was up 36.6% on a year-over-year basis. On average, analysts expect RPC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

RPC Trading Down 2.6%

Shares of RPC stock opened at $5.47 on Tuesday. RPC has a fifty-two week low of $4.18 and a fifty-two week high of $8.16. The business’s fifty day moving average is $6.35 and its two-hundred day moving average is $6.49. The company has a quick ratio of 2.61, a current ratio of 3.13 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.21 billion, a PE ratio of 60.73 and a beta of 0.64.

Institutional Investors Weigh In On RPC

A number of institutional investors have recently added to or reduced their stakes in RES. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in RPC by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 50,558 shares of the oil and gas company’s stock worth $278,000 after buying an additional 2,190 shares during the period. Mariner LLC lifted its position in RPC by 3.3% in the 3rd quarter. Mariner LLC now owns 76,699 shares of the oil and gas company’s stock valued at $365,000 after purchasing an additional 2,446 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of RPC by 2.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 128,551 shares of the oil and gas company’s stock worth $699,000 after purchasing an additional 2,648 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of RPC by 1.7% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 204,551 shares of the oil and gas company’s stock worth $1,113,000 after buying an additional 3,411 shares in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of RPC by 0.9% during the second quarter. Baird Financial Group Inc. now owns 396,393 shares of the oil and gas company’s stock valued at $1,875,000 after acquiring an additional 3,542 shares during the period. Hedge funds and other institutional investors own 41.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on RES. Weiss Ratings restated a “hold (c)” rating on shares of RPC in a report on Friday, July 10th. Susquehanna cut their price objective on shares of RPC from $7.50 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $5.33.

RPC Company Profile

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.