RPC Inc
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Energy : Energy Equipment & Services | Small Cap Growth
Company profile

RPC, Inc. is a holding company of Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions and Patterson Services. The Company provides a range of oilfield services and equipment primarily to independent and oilfield companies, which is engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. It has two segments. Technical Services segment includes its oil and gas services, which utilizes people and equipment to perform value-added completion, production and maintenance services directly to a customer well. Support Services segment includes all of the services, which provides equipment offered off the well site without it personnel and services, which are provided in support of customer operations off the well site such as classroom and computer training, and other consulting services.

Closing Price
$9.45
Day's Change
-0.05 (-0.53%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.71
Day's Low
9.29
Volume
(Below Average)
Volume:
1,456,677

10-day average volume:
1,686,577
1,456,677

Hasbro to start sale process of part of eOne TV and film business

9:24 am ET November 17, 2022 (MarketWatch)
Print

Hasbro Inc. said Thursday that average a strategic review of its business, the toy maker's board of directors have OK'd a sale process for part of its Entertainment One (eOne) TV and film business. Hasbro said it will keep the capability to develop and produce animation, digital shorts and scripted TV and films. The company said the decision to start the sale process comes after it received interest from several parties. Hasbro bought eOne in December 2019 for $3.8 billion in cash, then sold the eOne music business in June 2021 for net proceeds of $397 million. "The acquisition of eOne delivered fantastic talent, top tier production and deal making capability and beloved brands with strong toyetic potential including Peppa Pig," said Chief Executive Chris Cocks. "We will retain these terrific capabilities while exploring the best way to maximize the value of the eOne TV & Film Business for the benefit of our shareholders." Hasbro's stock, which was little changed in premarket trading, has plunged 31.1% over the past three months while the S&P 500 has lost 7.4%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

November 17, 2022 09:24 ET (14:24 GMT)

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