RPC, Inc. (NYSE:RES)

CAPS Rating: 4 out of 5

The Company provides a range of oilfield services primarily to independent and major oilfield companies engaged in exploration, production and development of oil and gas properties throughout the United States.

Recs

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Player Avatar rcjansen (28.40) Submitted: 4/13/2011 5:00:13 PM : Outperform Start Price: $14.56 RES Score: -27.73

World will need more oil with emerging economies increasing demand. US production is increasing through new horizontal drilling and fracking techniques used to extract oil from existing wells that were previously believed to be tapped out and from new shale discoveries.

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