RPC Inc
About: RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment to independent and oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.
Employees: 2,691
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
16% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 76
0.49% less ownership
Funds ownership: 43.13% [Q1] → 42.64% (-0.49%) [Q2]
4% less funds holding
Funds holding: 222 [Q1] → 213 (-9) [Q2]
21% less capital invested
Capital invested by funds: $726M [Q1] → $571M (-$154M) [Q2]
26% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 34
42% less call options, than puts
Call options by funds: $1.15M | Put options by funds: $2M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stifel Stephen Gengaro 53% 1-year accuracy 16 / 30 met price target | 6%upside $7 | Hold Maintained | 11 Oct 2024 |