RPC, Inc. filings document the regulatory record for a Delaware oilfield services company with common stock listed on the New York Stock Exchange under RES. Its 8-K reports cover results of operations and financial condition, quarterly cash dividends, director appointments, committee assignments and other governance events.
Proxy materials describe annual meeting voting, board elections, auditor ratification, executive compensation, equity awards and amendments to the 2024 Stock Incentive Plan. The filing record also provides formal disclosure around capital returns, registered common stock, board committee structure and public-company governance matters.
Lewis Stephen E reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Stephen E. Lewis received a grant of 7,352 shares of common stock as equity compensation that vest immediately. The shares were awarded at no cash cost per share and increased his directly owned position to 17,234 shares following the grant.
Bell Susan R. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Susan R. Bell received a grant of 7,352 shares of common stock as equity compensation, which vest immediately. The shares were awarded at no cash cost per share and increase her directly held position to 38,940 shares of RPC common stock.
Slagle Wesley N. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Wesley N. Slagle received a grant of 7,352 shares of common stock as equity compensation. The shares have a stated price of $0.00 per share, indicating a non-cash award rather than an open-market purchase. According to the filing, these shares vest immediately, and Slagle now directly holds 7,352 shares of RPC Inc. common stock following this transaction.
Kreisler Amy Rollins reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director and 10% owner Amy Rollins Kreisler received 7,352 shares of common stock as equity compensation that vested immediately. The shares were granted at no cash cost per share and increased her direct holdings to 3,320,337 shares. This appears to be a routine stock-based compensation award rather than an open-market purchase or sale.
Rollins Timothy Curtis reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc director and 10% owner Timothy Curtis Rollins reported new share holdings in RPC Inc. He received a grant of 7,352 shares of common stock as equity compensation that vest immediately at a stated price of $0.0000 per share, increasing his direct ownership to 2,165,710 shares. He also reports indirect ownership of 1,530 shares held by his spouse. A portion of his direct holdings, 1,142,234 shares, reflects a prior pro rata distribution from RCTLOR, LLC made for no consideration on February 27, 2026. The filing notes that Rollins disclaims beneficial ownership of some securities except to the extent of his pecuniary interest.
RPC, Inc. (RES) reported sharply higher revenue but much lower profit for the quarter ended March 31, 2026. Revenues rose 36.6% to $454.8 million, driven mainly by the Pintail acquisition and growth in pressure pumping, downhole tools and coiled tubing. Technical Services revenue increased 39.3%, while Support Services slipped 2.7% on weaker rental tools pricing and activity.
Despite this growth, net income fell to $0.9 million from $12.0 million, with net margin dropping to 0.2%. Results were pressured by higher cost of revenues, increased selling, general and administrative expenses, and $7.3 million of acquisition-related employment costs tied to Pintail, which also helped push the effective tax rate to 80.1%.
Adjusted EBITDA improved to $53.5 million, and operating cash flow was $31.2 million, though free cash flow was slightly negative after $32.1 million of capital expenditures. RPC ended the quarter with $200.7 million in cash and no borrowings on its $100 million credit facility, while a $50 million Seller Note from the Pintail deal remains outstanding.
RPC, Inc. reported first-quarter 2026 revenue of $454.8 million, up 7% from the prior quarter, driven by stronger activity in its Technical Services segment. Technical Services revenue rose to $434.3 million, while Support Services revenue was essentially flat at $20.5 million.
Net income was $0.9 million, or $0.00 per diluted share, improving from a prior-quarter loss. Adjusted net income was $7.6 million with adjusted EPS of $0.03, down slightly sequentially. Adjusted EBITDA fell to $53.5 million, with an 11.8% adjusted EBITDA margin. Cash stood at $200.7 million, free cash flow was modestly negative, and the company maintained a $0.04 quarterly dividend.
RPC Inc filed an initial Form 3 for director Wesley N. Slagle. The filing lists his beneficial ownership of RPC common stock as 0 shares held directly, so it does not show any purchase or sale activity, only that no common shares are currently reported.
RPC, Inc. reported results of its 2026 Annual Meeting and updated a prior disclosure about director roles. Gary Kolstad, previously elected as an independent director, was appointed to the Board’s Human Capital Management and Compensation Committee and the Audit Committee, and will chair the Human Capital Management and Compensation Committee.
Stockholders elected ten director nominees and ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026. They also gave advisory approval to the company’s executive compensation program, approved and ratified prior grants of performance stock units to the Chief Executive Officer and the Executive Chairman, and approved amendments to the 2024 Stock Incentive Plan. These votes collectively affirm the company’s current leadership, compensation structure, and equity incentive framework.
RPC, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share. The dividend will be paid on June 10, 2026 to common stockholders of record at the close of business on May 11, 2026.
RPC provides specialized oilfield services and equipment to independent and major oil and gas companies across key U.S. regions and selected international markets.