{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-006359","form_type":"8-K","ticker":"RES","cik":"0000742278","company_name":"RPC INC","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.957028+00:00","generated_at":"2026-06-20T10:05:21.762301+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RPC Q4 net income $87M ($0.40 EPS), revenue $482M, up 4.9% QoQ; EBITDA $135.5M","bullets":["Revenue $482.0M in Q4 2022, up 4.9% from $459.6M in Q3 2022, driven by improved pricing and utilization.","Net income $87.0M ($0.40 diluted EPS) vs $69.3M ($0.32) in Q3 2022; adjusted EPS $0.41.","EBITDA $135.5M, up 19.8% sequentially; cost of revenues improved to 64.0% of revenue from 67.4%.","Recorded a $2.9M pension settlement charge; pension plan termination expected in Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-006359","json":"https://secwatch.observer/filing/0001104659-23-006359.json","markdown":"https://secwatch.observer/filing/0001104659-23-006359.md","text":"https://secwatch.observer/filing/0001104659-23-006359.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/742278/000110465923006359/0001104659-23-006359-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/742278/000110465923006359/tm234301d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:05:21.762301+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e165aec0e473ba305c9fc21f0cb97fdf5d4f3c40","claim":"RPC INC reported the fourth quarter ended December 31, 2022 results: revenue $482.0 million, net income $87.0 million, EPS $0.40 per diluted share.","evidence_excerpt":"For the quarter ended December 31, 2022, RPC generated revenues of $482.0 million, an increase of 4.9 percent compared to $459.6 million in the third quarter of 2022. The improvement in revenues was driven by improved pricing in most of our service lines and higher equipment utilization supported by a full quarter of operation for our most recently reactivated pressure pumping fleet. Operating profit for the fourth quarter of 2022 was $112.3 million compared to operating profit of $92.2 million in the third quarter of 2022. Net income for the fourth quarter of 2022 was $87.0 million, or $0.40 diluted earnings per share, compared to net income of $69.3 million, or $0.32 diluted earnings per share, in the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/742278/000110465923006359/0001104659-23-006359-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$482.0 million"},{"label":"Net income","value":"$87.0 million"},{"label":"EPS","value":"$0.40 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}