RPC, Inc. reports developments as a diversified oilfield services company serving oil and gas exploration, production and development customers. Its updates center on Technical Services and Support Services, including pressure pumping, pressure control, coiled tubing, snubbing, cementing, downhole tools, wireline, rental tools, pipe inspection and storage.
Recurring RES news includes quarterly financial results, segment and service-line activity, cash dividend declarations, conference-call notices and board governance changes. Company releases also describe activity across U.S. oilfield regions, including the Gulf of America, mid-continent, southwest, Appalachian and Rocky Mountain regions, and selected international markets.
RPC (RES) reported a third-quarter 2026 net loss of $41.9 million, reflecting non-cash impairment charges in its Pintail wireline business. Revenue rose 1% sequentially to $467.7 million, while the $0.20 loss per share compared with earnings of $0.05 in the previous quarter. Pintail impairment charges totaled $74.5 million amid persistent pricing weakness, lower activity and cost pressure.
Adjusted net income increased to $22.8 million from $17.8 million, and adjusted EBITDA, an earnings measure excluding interest, taxes, depreciation and amortization, rose to $71.5 million from $66.0 million. Both service segments increased revenue sequentially. Cash ended September at $177.1 million, down $32.9 million year-to-date; operating cash flow was $115.7 million. RPC declared its regular $0.04-per-share dividend, payable December 10, 2026, to shareholders of record November 10.
RPC (NYSE: RES) will release its third-quarter 2026 financial results on October 29, 2026, before the market opens.
The results cover the quarter ended September 30, 2026. A conference call to review financial and operating results will begin at 9:00 a.m. Eastern Time that day. The call will also be webcast and archived for 90 days on the company's investor website.
RPC (NYSE: RES) reported second quarter 2026 revenues of $460.9 million, up 1% sequentially, with Technical Services at $438.1 million and Support Services at $22.8 million, up 11%. Net income rose to $12.1 million (diluted EPS $0.05) from $0.9 million, and net margin improved to 2.6%. Adjusted net income was $17.8 million (adjusted EPS $0.08), while adjusted EBITDA increased 23.3% sequentially to $66.0 million, lifting margin to 14.3%.
Cost of revenues declined to $345.7 million despite higher sales, though SG&A increased to $51.5 million. Cash stood at $179.5 million, reflecting a $20 million debt principal payment. The company extended its $100 million undrawn revolver maturity to 2031 and declared a $0.04 quarterly cash dividend, payable September 10, 2026.
RPC (NYSE: RES) will release second quarter 2026 financial results on Thursday, July 30, 2026, before the market opens. A conference call to review financial and operating results will follow at 9:00 a.m. Eastern Time.
The call will be available by phone and via webcast, with an archived replay on RPC's investor website for 90 days.
RPC (NYSE: RES) announced a CEO succession plan. President and CEO Ben M. Palmer plans to retire and leave the Board by the end of 2026 after a 30-year career. The Board has begun a search for a successor, and Palmer will remain CEO until a new leader is named or December 31, 2026, then serve in an advisory role to support a smooth transition.
RPC (NYSE: RES) reported 1Q 2026 results: revenues $454.8M (up 7% sequentially) and GAAP net income of $0.9M (EPS $0.00). Adjusted EBITDA was $53.5M with an 11.8% margin. Cash was $200.7M with no borrowings on the $100M revolver. The board declared a $0.04 quarterly cash dividend payable June 10, 2026.
Technical Services drove the revenue gain (+7% sequential) while Support Services was flat; adjusted net income fell to $7.6M and free cash flow was ($0.9M) YTD.
RPC, Inc. (NYSE: RES) announced the election of Wesley N. Slagle to its Board of Directors on April 29, 2026. Slagle is president of RFA Management Company, holds a B.S. in systems engineering from the U.S. Naval Academy and an MBA from Emory, and previously served in senior roles at Goldman Sachs.
Company leadership highlighted Slagle's financial, operational and capital-allocation experience as the rationale for his board appointment.
RPC, Inc. (NYSE: RES) will release first quarter 2026 financial results for the period ended March 31, 2026 on Thursday, May 7, 2026 before the market opens. The company will host a conference call the same day at 9:00 a.m. ET. Dial-in numbers and a conference ID are provided, and a webcast will be archived for 90 days on the company's investor website.
RPC (NYSE: RES) announced a regular quarterly cash dividend of $0.04 per share. The dividend is payable June 10, 2026 to shareholders of record at the close of business on May 11, 2026.
This reflects a scheduled cash distribution to common stockholders.
RPC (NYSE: RES) reported 4Q:25 revenues of $425.8M (down 5% sequentially) and full-year 2025 revenues of $1.626B (up 15% YoY, driven by the April 1 Pintail Completions acquisition).
4Q:25 net loss was $3.1M (loss per share $0.02); full-year net income was $32.1M, down 65% YoY. Adjusted EBITDA was $232.7M for 2025; adjusted EBITDA margin declined following a change to expensing wireline cables, which reduced EBITDA by about $4.6M in 4Q.