{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-084013","form_type":"8-K","ticker":"RES","cik":"0000742278","company_name":"RPC INC","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.583215+00:00","generated_at":"2026-06-13T02:33:00.847005+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"RPC Q2 2023 revenue $415.9M, EPS $0.30, down QoQ on job delays","bullets":["Revenue fell to $415.9M from $476.7M in Q1; operating profit down to $82.4M from $90.7M.","Net income $65.0M ($0.30 diluted EPS) vs. $71.5M ($0.33) in prior quarter.","Adjusted EBITDA $110.1M, down from $132.9M in Q1.","Job delays/cancellations by pressure pumping customers and weaker natural-gas basins drove the decline.","Recorded a non-cash pension settlement charge of $911K in Q2 (vs. $17.4M in Q1)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-084013","json":"https://secwatch.observer/filing/0001104659-23-084013.json","markdown":"https://secwatch.observer/filing/0001104659-23-084013.md","text":"https://secwatch.observer/filing/0001104659-23-084013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/742278/000110465923084013/0001104659-23-084013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/742278/000110465923084013/tm2322021d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:33:00.847005+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":"baa99738274adbf15e33753380025de8b77ec1c9","claim":"RPC INC reported the second quarter ended June 30, 2023 results: revenue $415.9 million, net income $65.0 million, EPS $0.30 diluted earnings per share.","evidence_excerpt":"and development of oil and gas properties throughout the United States and in selected international markets. For the quarter ended June 30, 2023, RPC generated revenues of $415.9 million, a decrease compared to $476.7 million in the first quarter. Revenues declined due to job delays and cancellations by several pressure pumping customers as well as weaker","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/742278/000110465923084013/0001104659-23-084013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$415.9 million"},{"label":"Net income","value":"$65.0 million"},{"label":"EPS","value":"$0.30 diluted earnings per 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"}