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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Pinterest, Inc. - PINS
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating claims of potential securities fraud or unlawful business practices by Pinterest, Inc. and its officers or directors, following a significant restructuring announcement that impacted the company's stock price [1]. Group 1: Company Actions - On January 27, 2026, Pinterest announced a global restructuring plan that includes a workforce reduction affecting less than 15% of its employees and a reduction in office space [1]. - The company anticipates incurring pre-tax restructuring charges of approximately $35 million to $45 million, primarily related to cash expenditures [1]. - The restructuring aims to support transformation initiatives, including reallocating resources to AI-focused roles, prioritizing AI-powered products, and accelerating changes in sales and go-to-market strategies [1]. Group 2: Market Reaction - Following the announcement of the restructuring plan, Pinterest's stock price fell by $2.49 per share, or 9.61%, closing at $23.41 per share on January 27, 2026 [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Vizsla Silver Corp. - VZLA
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating claims on behalf of investors of Vizsla Silver Corp regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1] Group 1: Incident Details - On January 29, 2026, Vizsla Silver announced a security incident at its project site in Concordia, Mexico, where ten individuals were taken during the incident [1] - As a precaution, Vizsla Silver temporarily suspended certain activities at and near the site following the incident [1] Group 2: Market Reaction - Following the announcement of the security incident, Vizsla Silver's stock price fell by $1.02 per share, representing a decline of 14.87%, closing at $5.84 per share on January 29, 2026 [1] Group 3: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for the rights of victims of securities fraud and corporate misconduct [1] - The firm has a track record of recovering multimillion-dollar damages awards on behalf of class members [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Capital One Financial Corporation - COF
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud claims against Capital One Financial Corporation following the company's disappointing fourth-quarter financial results for 2025, which led to a significant drop in its stock price [1]. Financial Performance - Capital One reported earnings per share of $3.86 for Q4 2025, which was below analyst expectations of $4.14 [1]. - The company's efficiency ratio was reported at 60%, also missing analyst expectations [1]. - Following the earnings report, Capital One's stock price fell by $17.77 per share, or 7.56%, closing at $217.30 on January 23, 2026 [1]. Legal Investigation - The investigation by Pomerantz LLP focuses on whether Capital One and certain officers or directors engaged in unlawful business practices or securities fraud [1]. - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a history of recovering multimillion-dollar damages for victims of securities fraud [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ashford Hospitality Trust, Inc. - AHT
Prnewswire· 2026-02-12 23:51
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud and unlawful business practices by Ashford Hospitality Trust, Inc. and its officers or directors [1] Group 1: Company Actions - On January 13, 2026, Ashford announced the extension of its Highland mortgage loan secured by 18 hotels [1] - To maintain liquidity while evaluating strategic alternatives, Ashford suspended preferred dividends for various series of preferred stock, including those declared for record holders as of December 31, 2025, payable on January 15, 2026 [1] Group 2: Market Reaction - Following the announcement, Ashford's stock price decreased by $0.35 per share, representing an 8.1% decline, closing at $3.97 per share on January 13, 2026 [1]
RPC, Inc. Invests in Topcon Solutions Stores
Businesswire· 2026-02-02 18:09
Group 1: Investment and Strategic Importance - RPC, Inc. has made a significant strategic investment in Topcon Solutions Stores (TSS), marking a major milestone for Topcon and its influence on the U.S. construction technology market [1][2] - The investment aims to enhance TSS's commitment to modernizing job sites through innovative technology solutions, reflecting the growing recognition of the importance of positioning technology and job site automation in construction [2][3] Group 2: Market Trends and Opportunities - Long-term structural trends in the U.S. construction market, such as housing shortages and infrastructure investment, are driving demand for technology adoption, presenting substantial opportunities for tech-enabled retailers [2] - The construction sector has historically lagged in digital adoption, which creates a pivotal opportunity for companies like RPC, Inc. to support TSS in advancing technology adoption [2] Group 3: Company Operations and Offerings - Topcon Solutions Stores currently operates 14 retail locations across 22 states, providing end-to-end solutions for advanced positioning technology, including distribution, training, and technical support [3][6] - As an Autodesk Platinum Partner, Topcon Solutions integrates advanced positioning technology with Autodesk construction software, enhancing its offerings and creating a complete ecosystem for optimizing project workflows [6] Group 4: Leadership Perspectives - David Alban, RPC, Inc. board member, emphasized the tremendous opportunity in the U.S. construction sector as contractors accelerate digital transformation, highlighting Topcon's leadership in positioning technology [3] - Ivan Di Federico, CEO of Topcon Positioning Systems, noted that RPC's investment reinforces the long-term potential of the North American market and the value of the retail network [3]
Are Sub-$10 Energy Stocks Attractive With Oil Near $60?
ZACKS· 2026-01-23 14:50
Industry Overview - Oil prices have been fluctuating around the $60-per-barrel mark due to oversupply concerns, rising inventories, and easing geopolitical tensions, which have limited upward momentum [1] - The International Energy Agency (IEA) forecasts global oil demand growth of 930,000 barrels per day by 2026, but supply is expected to increase at a faster rate, leading to a significant surplus [2] - Current benchmark crude prices are significantly lower than a year ago, putting many U.S. independent producers near breakeven, which compresses margins and limits drilling activity [3] Market Dynamics - Recent price declines are primarily driven by oversupply and higher inventories, although the IEA suggests that fears of a substantial oil glut may be overstated [4] - Investors face challenges in distinguishing between companies experiencing temporary pricing pressures and those with more profound business risks, making balance sheet strength and operational flexibility critical [5] Investment Opportunities - Low-priced energy stocks under $10 can provide diversification across producers, service providers, and equipment suppliers, but they often come with increased volatility [6] - A disciplined investment approach should focus on financial resilience, industry positioning, and sensitivity to oil price movements [7] Company Highlights - **W&T Offshore (WTI)**: An independent oil and natural gas producer with a strong presence in the Gulf of America, generating positive cash flow for 28 consecutive quarters and maintaining a 90% drilling success rate [9][10] - **RPC, Inc. (RES)**: A U.S.-based oilfield services provider with a debt-free balance sheet, known for returning excess free cash to shareholders and expanding its service mix [13][14] - **Oil States International (OIS)**: Supplies products and services across the oil and gas value chain, with projected revenue growth of 44.1% by 2026 and operations in over 25 countries [16][18]
Halliburton (HAL) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2026-01-21 22:20
分组1 - Halliburton reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.54 per share, with a year-over-year comparison showing a slight decrease from $0.7 per share [1] - The company achieved revenues of $5.66 billion for the quarter, surpassing the Zacks Consensus Estimate by 4.64%, and showing a year-over-year increase from $5.61 billion [2] - Halliburton has outperformed the S&P 500, with shares increasing approximately 13.5% since the beginning of the year, while the S&P 500 has declined by 0.7% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.51, with expected revenues of $5.26 billion, and for the current fiscal year, the EPS estimate is $2.18 on revenues of $21.56 billion [7] - The Oil and Gas - Field Services industry, to which Halliburton belongs, is currently ranked in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]
Piper Sandler Lifts RPC Target While Keeping Cautious Stance
Yahoo Finance· 2025-12-26 18:36
Core Viewpoint - RPC, Inc. is recognized as one of the best debt-free dividend stocks to consider for investment, despite a cautious outlook from analysts [1]. Group 1: Analyst Ratings and Market Outlook - Piper Sandler raised the price target for RPC, Inc. to $5 from $4 while maintaining an Underweight rating, indicating a cautious stance despite the industry's resilience [2]. - Looking ahead to 2026, Piper Sandler sees early signs of improvement with cyclical tailwinds, including activity resuming in Saudi Arabia and Mexico, and a potential stabilization in the US land market [3]. Group 2: Financial Performance - In the third quarter of 2025, RPC, Inc. reported sequential revenue growth, with significant contributions from pressure pumping, coiled tubing, and downhole tools, where service lines outside of pressure pumping accounted for 72% of total revenue and experienced a 3% sequential increase [4]. - The company anticipates full-year 2025 capital spending to be between $170 million and $190 million, primarily for maintenance, selective asset purchases, and IT system upgrades [5]. Group 3: Company Overview - RPC, Inc. provides a diverse range of specialized oilfield services and equipment, catering to both independent and major oilfield companies involved in oil and gas exploration, production, and development across selected US and international markets [6].
Helix Energy (HLX) Q3 Earnings Match Estimates
ZACKS· 2025-10-23 00:26
Core Viewpoint - Helix Energy reported quarterly earnings of $0.15 per share, matching the Zacks Consensus Estimate, but down from $0.19 per share a year ago [1] - The company posted revenues of $376.96 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 4.61% and up from $342.42 million year-over-year [2] Financial Performance - The earnings surprise for the previous quarter was -300%, as the company had expected earnings of $0.01 per share but reported a loss of $0.02 [1] - Over the last four quarters, Helix Energy has surpassed consensus EPS estimates two times [1] - The company has also topped consensus revenue estimates two times in the last four quarters [2] Stock Performance - Helix Energy shares have declined approximately 30.8% since the beginning of the year, contrasting with the S&P 500's gain of 14.5% [3] - The current Zacks Rank for Helix Energy is 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $298.47 million, while for the current fiscal year, it is $0.17 on revenues of $1.24 billion [7] - The outlook for the Oil and Gas - Field Services industry is currently in the bottom 33% of Zacks industries, which may negatively impact stock performance [8] Industry Context - Another company in the same industry, RPC, is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of 44.4%, with revenues projected at $400 million, an 18.5% increase from the previous year [9]
Here's Why Holding Core Laboratories Stock Is Justified for Now
ZACKS· 2025-10-06 13:46
Core Insights - Core Laboratories Inc. (CLB) is a global leader in providing innovative technology and expertise for oil and gas companies, focusing on reservoir description, production enhancement, and reservoir management services [1][2] - CLB has underperformed in the year-to-date (YTD) period, with a decline of 29.9%, significantly lagging behind the Oil & Gas Field Services sub-industry, which fell only 2.2% [3][4] Financial Performance - CLB's Q2 revenues increased by 5% sequentially to $130.2 million, with operating income excluding items rising over 23% sequentially and operating margins expanding by 160 basis points to 11% [9][11] - The Zacks Consensus Estimate for CLB's earnings per share has remained stable over the past 60 days, indicating a consistent outlook from analysts [10] Strategic Initiatives - The company opened a new Unconventional Core Analysis Lab in Dammam, Saudi Arabia, to support growth in the Middle East [9][13] - CLB's management emphasizes disciplined capital allocation, focusing on maximizing free cash flow and return on invested capital, with capital expenditures historically ranging from 2.5% to 4% of revenues [12] Competitive Positioning - CLB distinguishes itself through proprietary technologies that solve critical client problems, such as the Plug and Abandonment Circulation system, which saved a client an estimated $4 million [14] - Despite recent setbacks, CLB's technological capabilities may provide a competitive edge over peers like RPC, which relies more on traditional service offerings [14][18] Challenges and Risks - Limited near-term growth guidance for the Reservoir Description segment indicates potential stagnation, contrasting with more aggressive growth seen in competitors like ProPetro Holding [15][16] - The modest dividend yield of $0.01 per share may be unattractive to income-focused investors, as shareholder returns are primarily expected from share repurchases and capital appreciation [17] - Ongoing geopolitical and trade policy headwinds create uncertainty for CLB, particularly affecting demand for high-margin lab services [19]