Report
Preston Caldwell
EUR 147.86 For Business Accounts Only

RPC is one of the highest quality OFS companies, but investors should take care not to overpay.

RPC is undoubtedly one of the highest quality oilfield services companies. During the cycle heights of 2010-14, the company bested nearly every peer in terms of ROIC, including SLB, HAL, and BHI. Although the downturn of 2015-16 has put severe pressure on RPC’s profitability, particularly due to the company’s focus on pressure pumping, the weakest performing oilfield services sub-sector, we expect RPC to return to strong economic profits by 2018.
However, the company’s quality has not gone unnot...
Underlying
RPC Inc.

RPC is a holding company for several oilfield services companies. The company provides oilfield services and equipment to oil and gas companies engaged in the exploration, production and development of oil and gas properties throughout the U.S., including the southwest, mid-continent, Gulf of Mexico, Rocky Mountain and Appalachian regions, and in selected international markets. The services provided are: Technical Services, which include pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline services, and fishing; and Support Services, which include rental tools, oilfield pipe inspection services, well control school and energy personnel international.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Preston Caldwell

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch