This Undervalued Blue Chip Dividend Stock Has Big Growth Ahead And Reports This Week

Back in the summer, we wrote several articles which referenced the increasingly heavy demand that Oil & Gas Service stocks have been enjoying, which had resulted in big earnings growth.Well, not much has changed, the growth is still happening, except that the market has heavily discounted some of these stocks in the Fall pullback, along with almost anything else related to Energy, in the wake of the price decline of Oil. However, the demand is still there, even with oil's price decline, and it has continued to lead to earnings growth.Profile: RPC Inc. (NYSE: RES), is a holding company for oil and gas services companies with numerous service lines well positioned to take advantage of high levels of exploration and production activities. In addition, RPC provides on-going maintenance and emergency services to the oil and gas services industry. The company's capital position also allows it to pursue attractive growth opportunities.RPC reports its revenues using a technical services segment and a support services segment. Technical Services includes the service lines that utilize people and equipment to perform value-added maintenance, production and completion services directly to a customer's well. Support Services is primarily comprised of the services that provide equipment for customer use or services to assist customer operations.RPC estimates that it will ramp up its pressure pumping fleet by 28% in Q3 2014 through Q1 2015:RPC has its equipment deployed in most of... Read more

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