3-year average:
Revenue Growth: 38%
Profit Growth: 121%
Total Return: 50%
Revenue Growth: 38%
Profit Growth: 121%
Total Return: 50%
Energy companies have been pushing
production to the max over the past 18 months so they can capitalize on
rising oil prices. But, in most cases, they can’t do it alone. RPC
provides a range of oilfield services and equipment to major companies
engaged in the exploration, production and development of oil and gas
sites. Last year the company expanded its fleet of revenue-producing
equipment which, along with a general increase in overall activity,
helped to propel revenues 65%. Net income more than doubled in 2011 to
almost $300 million. -- N.S.
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