Twitter
Link your Twitter Account to Market Wire News
When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
RES - RPC Aims Margin Growth But Valuation Stretch Is A Concern
March, 06 2022 02:20 AM
RPC Inc.
Drilling and fracking activity growth in the US will lead to improved frac fleet utilization for RES. Despite the cost hike, the net effect on pricing will be positive and will ease the pressure on the operating margin. The company does not plan to add to its hydraulic fracturing fleet in 1H 2022. The stock is overvalued versus its peers at this level. For further details see:
RPC Aims Margin Growth, But Valuation Stretch Is A Concern
Stock Information
Company Name:
RPC Inc.
Stock Symbol:
RES
Market:
NYSE
Website:
rpc.net
Get RES Alerts
News, Short Squeeze, Breakout and More Instantly...
Market Wire News is a media platform, the information on this page was provided by SeekingAlpha via Quote Media. Read our full disclaimer .