Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fin ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights RPC (RES) as a strong value stock based on its financial metrics and Zacks Rank [1][2][7]. Company Analysis - RPC (RES) currently holds a Zacks Rank of 2 (Buy) and has a Value grade of A, indicating strong potential for value investors [4]. - The Forward P/E ratio for RES is 10.97, which is lower than the industry average of 11.94. Over the past 12 months, RES's Forward P/E has fluctuated between 6.43 and 20.62, with a median of 10.97 [4]. - The P/B ratio for RES is 1.01, which is attractive compared to the industry's average P/B of 1.78. The P/B ratio has ranged from 0.88 to 1.52 over the past year, with a median of 1.24 [5]. - RES has a P/CF ratio of 4.99, which is also lower than the industry average of 6.37. This ratio has varied between 4.33 and 6.73 in the last 52 weeks, with a median of 5.48 [6]. - The financial metrics suggest that RPC is likely undervalued, making it stand out as one of the strongest value stocks in the market [7].

Group 1 - RPC shows a noticeable improvement in earnings outlook, making it an attractive investment pick [1] - Analysts are optimistic about RPC's earnings prospects, reflected in the upward trend of estimate revisions [2][3] - The Zacks Rank system indicates RPC has a Zacks Rank 2 (Buy), suggesting strong potential for outperformance [8] Group 2 - Current-quarter earnings estimate is $0.09 per share, a 40% decrease from the previous year, but has seen a 12.5% increase in the last 30 days [6] - For the full year, the earnings estimate is $0.38 per share, an 11.63% decrease from last year, yet the trend remains positive with no negative revisions [7] - RPC's stock has gained 16.2% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [9]

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe ...

RPC Inc. (RES) reported first-quarter 2025 adjusted earnings of 6 cents per share, which missed the Zacks Consensus Estimate of 7 cents. The bottom line declined from the year-ago figure of 13 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Total quarterly revenues were $332.9 million, down from the year-ago quarter’s $377.8 million. The top line, however, beat the Zacks Consensus Estimate of $332 million.The weak quarterly earnings were primarily due to flat pressure pumping ...

Financial Performance - Total revenues for Q1 2025 were $332.9 million, a decrease of $45.0 million or 11.9% compared to Q1 2024[105] - Net income for Q1 2025 was $12.0 million, or $0.06 diluted earnings per share, down from $27.5 million, or $0.13 diluted earnings per share in Q1 2024[106] - EBITDA for Q1 2025 was $48.9 million, with an EBITDA margin of 14.7%, compared to $63.1 million and 16.7% in Q1 2024[129] - Cash provided by operating activities decreased to $39.9 million in Q1 2025 from $56.6 million in Q1 2024[130] - Cost of revenues decreased by 11.8% to $243.9 million in Q1 2025, in line with the decrease in revenues[121] - Selling, general and administrative expenses increased to $42.5 million in Q1 2025, primarily due to ERP system implementation costs[122] Cash Flow and Capital Expenditures - Free cash flow increased to $7.6 million in Q1 2025, up from $3.8 million in Q1 2024, primarily due to lower capital expenditures[130] - Cash used for investing activities decreased by $21.6 million to $27.4 million for the three months ended March 31, 2025, primarily due to a reduction in capital expenditures from $52.8 million in 2024 to $32.3 million in 2025[140] - Cash used for financing activities decreased by $7.0 million to $11.7 million for the three months ended March 31, 2025, mainly due to fewer repurchases of common shares[141] - The company expects capital expenditures, including recently acquired Pintail, to be between $165 million and $215 million in 2025, with $32.3 million already spent as of March 31, 2025[149] Revenue Segments and Market Conditions - The Technical Services segment revenues decreased by 12.5% in Q1 2025, primarily due to lower pressure pumping revenues[117] - The average price of natural gas increased by 70.4% in Q1 2025 compared to the same period in the prior year[116] - International revenues represented 2.4% of total revenues in Q1 2025, slightly down from 2.6% in Q1 2024[115] - The company believes that international revenues will continue to be less than 10% of consolidated revenues in the foreseeable future[175] - The company projects that long-term demand for oil and natural gas should drive increased activity in most operating basins[174] - The company acknowledges that the recent decline in oil prices could lead customers to delay completion activities[172] Future Outlook and Strategic Plans - The company is currently evaluating future investments and options to upgrade equipment across the business[149] - The company continues to monitor the supply and demand for its services, with a focus on increasing customer preferences for lower emission and more efficient equipment[160] - The company expects to continue paying cash dividends to common stockholders, subject to industry conditions and financial performance[175] - The company has ongoing sales and use tax audits that could result in unfavorable outcomes, but the exposure has been recorded to the extent it is estimable[150] - The company filed a shelf registration statement on April 23, 2025, allowing for the offering of securities up to $300 million, subject to market conditions[148] Liquidity and Financial Health - The company anticipates that the liquidity provided by existing cash and cash equivalents will be sufficient to meet requirements for at least the next twelve months[175] - The company has a $100.0 million revolving credit facility with $83.9 million available as of March 31, 2025, and no outstanding borrowings[144] - The company is subject to interest rate risk exposure through borrowings, but as of March 31, 2025, there were no outstanding interest-bearing advances on its credit facility[176] Dividends and Shareholder Returns - A regular quarterly cash dividend of $0.04 per share was declared, payable on June 10, 2025, to common stockholders of record on May 9, 2025[154]

RPC, Inc. (NYSE:RES) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Ben Palmer - President and CEO Michael Schmit - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Don Crist - Johnson Rice John Daniel - Daniel Energy Partners Operator Good morning, and thank you for joining us for RPC, Inc. First Quarter twenty twenty five Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO and Mike Schmidt, Chief Financial Off ...

RPC (RES) Q1 2025 Earnings Call April 24, 2025 09:00 AM ET Company Participants Michael Schmit - CFO & Corporate SecretaryBen Palmer - CEO, President & DirectorStephen Gengaro - Managing DirectorJohn Daniel - Founder & CEO Conference Call Participants Don Crist - Research Analyst Operator Good morning, and thank you for joining us for RPC, Inc. First Quarter twenty twenty five Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO and Mike Schmidt, Chief Financial Officer. At ...

RPC (RES) Q1 2025 Earnings Call April 24, 2025 09:00 AM ET Company Participants Michael Schmit - CFO & Corporate SecretaryBen Palmer - CEO, President & DirectorStephen Gengaro - Managing DirectorJohn Daniel - Founder & CEO Conference Call Participants Don Crist - Research Analyst Operator Good morning, and thank you for joining us for RPC, Inc. First Quarter twenty twenty five Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO and Mike Schmidt, Chief Financial Officer. At ...

RPC (RES) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this oil and gas services company would post earnings of $0.06 per share when it actually produced earnings of $0.06, delivering no surprise.Over the last four quarters, the company ...