RPC Inc. (RES)
Name: RPC Inc. (RES)
Web Site: http://www.rpc.net
Brief Description: RPC, Inc., together with its subsidiaries, provides a range of specialized oilfield services and equipment primarily to independent and major oilfield companies. Its serviced are offered to companies engaged in the exploration, production, and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, and Rocky Mountain regions, as well as in selected international markets. The company operates in two segments, Technical Services and Support Services. The Technical Services segment consists primarily of pressure pumping, snubbing, coiled tubing, nitrogen, well control, down-hole tools, wire line, fluid pumping, and casing installation services. The Support Services segment includes the company’s oil and gas service lines that primarily provide equipment for customer use or services to assist their operations. The equipment and services provided include drill pipe and related tools, pipe handling, inspection and storage services, work platform marine vessels, and oilfield training services. RPC was organized in 1984 and is headquartered in Atlanta, Georgia.
03/08/05 - Initiated with Buy rating.
Contract:
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