RPC Inc doubled Wall Street's earnings forecast on margin expansion and stronger job mix within its pressure pumping business, though a slight revenue miss and CEO Ben Palmer's surprise retirement after 30 years introduce transition risk for the oilfield services provider.
RPC :
RES
RES
Stock Data
$6.33
$0.01 (0.16%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
ENERGY
Industry
OIL & GAS EQUIPMENT & SERVICES
RPC Inc is a key player in the oil and gas industry, offering a wide array of services and equipment essential for the exploration, production, and development of oil and gas wells. With operations spanning the globe, including the United States, Africa, and the Middle East, RPC specializes in everything from pressure pumping and fracturing to well control and wireline services. Additionally, it provides rental tools and well control training, catering to both onshore and offshore projects. Founded in 1984 and based in Atlanta, Georgia, RPC is dedicated to supporting the oil and gas sector's complex needs.
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