Rpc Inc Stock Price, News & Analysis

RPC, Inc. (NYSE: RES) will release its financial results for Q4 and the year ended December 31, 2021, on January 26, 2022, before the market opens. A conference call is scheduled for the same day at 9:00 a.m. Eastern Time, where the company will discuss its financial and operating results. Interested participants can join via a toll-free number or through the company's investor website, where the call will also be archived for 90 days. RPC provides specialized oilfield services and equipment primarily in the U.S. and select international markets.

RPC, Inc. (NYSE: RES) reported its Q3 2021 results, showing revenues of $225.3 million, a 93.3% increase from $116.6 million in Q3 2020, driven by higher service activity and improved pricing. The operating profit was $8.0 million compared to a loss of $31.8 million the previous year. Net income for the quarter was $5.3 million, or $0.02 per diluted share, compared to a net loss of $16.4 million in Q3 2020. EBITDA rose to $26.5 million from a negative $12.3 million year-over-year. Cost of revenues declined as a percentage of sales, reflecting enhanced operational efficiency.

RPC, Inc. (NYSE: RES) will release its third-quarter financial results for the period ending September 30, 2021, on October 27, 2021. The results will be disclosed before market opening. Following the release, a conference call is scheduled for the same day at 9:00 a.m. Eastern Time, where management will discuss financial and operational outcomes. Interested parties can join via telephone or access the call's webcast, which will be archived for 90 days on the company's investor website.

RPC, Inc. (NYSE: RES) reported a significant revenue increase to $188.8 million in Q2 2021, up 111.4% from Q2 2020. Operating loss narrowed to $1.2 million from $37.5 million the previous year. Net loss fell to $726,000 or $0.00 per share, compared to a loss of $25.1 million in Q2 2020. EBITDA was $17.3 million, a rebound from negative results last year. Despite operational delays affecting pressure pumping revenues, management anticipates increased activity in Q3 due to rising customer demand and commodity prices, while highlighting a cash balance of $121 million.

RPC, Inc. (NYSE: RES) will release its Q2 2021 financial results on July 28, 2021, prior to market opening. A conference call will follow at 9:00 a.m. ET to discuss performance details. Participants can join via toll-free numbers or listen online. RPC specializes in oilfield services and equipment for oil and gas operations across the United States and select international markets.

RPC, Inc. (NYSE: RES) reported a first quarter revenue of $182.6 million, reflecting a 25.1% decrease from the previous year. The operating loss narrowed to $10.5 million, compared to $218.7 million in Q1 2020, while the net loss decreased to $9.7 million or $0.05 loss per share. Despite a decline in revenues, EBITDA improved to $7.8 million from negative $179.7 million in Q1 2020. Management highlighted increased activity due to higher oil prices and noted ongoing efficiency improvements.

RPC, Inc. (NYSE: RES) will release its financial results for the first quarter ending March 31, 2021 on April 28, 2021, before the market opens. A conference call to discuss these results will also take place on the same day at 9:00 a.m. Eastern Time. Participants can join the call by dialing (833) 579-0910 or (778) 560-2620 for international callers, using conference ID 3471295. The call will be archived for 90 days on the company's investor website.

RPC, Inc. (NYSE: RES) reported Q4 2020 revenues of $148.6 million, down 37.0% from Q4 2019. The company faced an operating loss of $21.6 million but narrowed losses compared to the previous year. Net loss was $10.2 million ($0.05 per share), improving from $23.4 million in Q4 2019. For 2020, revenues totaled $598.3 million, down from $1.22 billion. EBITDA was negative $2.5 million for Q4. Despite challenges, RPC ended 2020 with $84.5 million in cash, indicating improved liquidity.

RPC, Inc. (NYSE: RES) will release its fourth-quarter financial results for the period ending December 31, 2020, on January 27, 2021, before market opening. A conference call to discuss the results will occur at 9:00 a.m. Eastern Time on the same day. Interested participants can join via phone or listen to the archived broadcast on the Company's investor website. RPC provides a wide range of oilfield services and equipment primarily within the U.S. and selected international markets.