secwatch.observer — SEC 8-K summary
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Issuer:     RPC INC (RES)
CIK:        0000742278
Form:       8-K
Filed at:   2026-07-30T10:45:22+00:00
Accession:  0001104659-26-088439
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPC Q2 2026 net income $12.1M, adjusted EPS $0.08; CEO Palmer announces retirement
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- Revenue $460.9M (+1% sequentially); net income $12.1M vs $0.9M in Q1; diluted EPS $0.05.
- Adjusted net income $17.8M, adjusted diluted EPS $0.08; adjusted EBITDA $66.0M (14.3% margin).
- Board declares $0.04/share quarterly dividend, payable Sept 10, 2026 to holders of record Aug 10, 2026.
- CEO Ben M. Palmer to retire after 30 years; transition process underway with Board.
- Technical Services revenue $438.1M (+1%), operating income $27.6M (+73%); Support Services revenue $22.8M (+11%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/742278/000110465926088439/0001104659-26-088439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/742278/000110465926088439/res-20260730x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-088439

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer