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Stock Market & Financial Investment News

News Breaks
February 19, 2014
10:45 EDTRES, RES, SARA, SARA, AMZG, AMZG, UNT, UNT, TPLM, TPLM, FTK, FTK, EPM, EPM, TENG, TENGEnerCom to hold a conference
The Oil & Services Conference: TOSC 12 is being held in San Francisco on February 18-19 with webcasted company presentations to begin on February 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link
News For RES;SARA;AMZG;UNT;TPLM;FTK;EPM;TENG From The Last 14 Days
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October 29, 2014
07:19 EDTRESRPC, Inc. monitoring steep decline in price of oil in world markets
The company said is watching for any signs of reduced customer activity levels or reductions in 2015 budgets. At this time, RPC, Inc is unaware of any decrease in our customers' activities or plans. RPC, Inc is beginning to take delivery of the pressure pumping equipment ordered under our expansion plan announced earlier this year, and remain confident that it will be generating revenues during the first quarter of 2015. RPC, Inc believes that the near-term uncertainty caused by the recent steep decline in oil prices makes a conservative balance sheet more important than ever. Debt to total capitalization ratio at the end of the quarter was 12.5%. RPC, Inc will remain conservatively capitalized and scrutinize new capital expenditure opportunities or other investments while being mindful of the situation in the world oil markets.
07:18 EDTRESRPC, Inc. reports average US domestic rig count up 7.5% to 1,903
The average price of natural gas was $3.91 per Mcf, a 10.5 percent increase compared to the prior year, but a 14.1 percent decrease compared to the second quarter of 2014. The average price of oil during the quarter was $97.74 per barrel, an 8.1 percent decrease compared to the prior year and a 5.3 percent decrease compared to the second quarter of 2014. The unconventional rig count, an important indicator of the demand for RPC's services, increased by 14.8 percent compared to the prior year. During the third quarter of 2014 unconventional drilling represented 80.4 percent of U.S. domestic drilling activity.
07:17 EDTRESRPC, Inc. reports Q3 EPS 30c, consensus 34c
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