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RPC (RES)
At a time of skyrocketing fuel prices -- and the eager search for more energy reserves -- there are few better businesses to be in than oil and gas services. RPC knows. The Atlanta company provides a range of technical and support services, such as pressure pumping, well control, pipe inspection, and oilfield training, mostly to independent oil and gas companies operating in the U.S. Profits at the 22-year-old company have jumped 147% on average over the past three years, from a $5.3 million loss in 2002 to $66.5 million in net last year. Over that same span, revenue has doubled to $427.6 million. And investors looking for stellar returns in the booming business have sent RPC's stock price up more than 200% in just the past year, pushing its market cap over the $2 billion mark. Demand for its oil and gas services, it seems, is turning into a gusher.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 1,784.7 |
| Sales* ($ Millions) | 471.3 |
| Sales Growth (3-yr. avg. annual) |
26.8 % |
| Profits* ($ Millions) | 81.5 |
| Profit Growth (3-yr. avg. annual) | 147.1 % |
| Return on Inv. Capital (3-yr.) | 17.3 % |
| Share Price 12-Mo. Hi/Lo | 36/9 |
| Share Price As of 4/28/06 | 28 |
| Return on Equity | 32.0 % |
| P/E Ratio | 22 |
| No. of Employees | 1,649 |
| Industry | Oil & Gas Equipment & Services |
| CURRENT MARKET INFO | RES > |
| COMPANY WEB SITE > | |
| Location | Atlanta |
| Phone | 404 321-2140 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
RPC provides a range of oilfield services and equipment primarily to independent and oil and gas companies. It offers a range of technical services, including pressure pumping, snubbing, coiled tubing, well control, down-hole tools, wireline services, fluid pumping, fishing, and casing installation services. The company's support services comprise rental of drill pipe and related tools; pipe inspection and handling services; and work platform marine vessels and oilfield training services. RPC offers services primarily to companies engaged in the exploration, production, and development of oil and gas properties in the U.S., including the Gulf of Mexico, mid-continent, southwest, and Rocky Mountain regions, as well as in selected international markets. The company was founded in 1984 and has its headquarters in Atlanta.
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