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RPC ( (RES) ) has issued an update.
RPC, Inc. reported that on April 28, 2026, its stockholders reelected Gary Kolstad to the board of directors and the board appointed him to the Human Capital Management and Compensation Committee and the Audit Committee, naming him chairman of the compensation committee. This amends an earlier 2025 disclosure that did not specify his committee roles.
At the April 28, 2026 annual meeting, shareholders elected ten directors, ratified Grant Thornton LLP as auditor for 2026, approved executive compensation in a non-binding vote, ratified prior performance stock unit grants to the chief executive officer and executive chairman, and endorsed amendments to the 2024 Stock Incentive Plan, signaling broad investor support for the company’s governance and incentive structures.
The most recent analyst rating on (RES) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on RPC stock, see the RES Stock Forecast page.
Spark’s Take on RES Stock
According to Spark, TipRanks’ AI Analyst, RES is a Outperform.
RES scores at 70 primarily due to solid underlying financial stability (notably low leverage and liquidity) and favorable technical trend signals. Offsetting this are weaker near-term operating/margin momentum highlighted on the earnings call and valuation uncertainty driven by a negative P/E, with the dividend providing only partial support.
To see Spark’s full report on RES stock, click here.
More about RPC
RPC, Inc. is an energy services company that provides specialized oilfield services and equipment to the oil and gas industry. The company supports exploration and production customers, with operations focused on serving U.S. and international markets through technical services, field support, and related energy-sector solutions.
Average Trading Volume: 2,589,519
Technical Sentiment Signal: Buy
Current Market Cap: $1.75B
For a thorough assessment of RES stock, go to TipRanks’ Stock Analysis page.