New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 23, 2013
07:18 EDTRESRPC, Inc. reports Q4 average U.S. domestic rig count down 10% to 1,809
News For RES From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information
October 17, 2014
10:00 EDTRESOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
08:01 EDTRESRPC, Inc. upgraded at Cowen
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use