---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-004495"
form_type: "8-K"
ticker: "RES"
cik: "0000742278"
company_name: "RPC INC"
filed_at: "2025-04-07T23:59:59+00:00"
generated_at: "2026-05-23T20:29:04.674932+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RPC acquires Pintail Completions for $245M; expands Permian wireline services

## Summary
- Purchase price $245M: ~$170M cash, $25M restricted stock (4.5M shares), $50M seller note.
- Pintail's 2024 revenue ~$409M; operates 30+ wireline fleets in Permian Basin.
- Acquisition expected to be accretive to RPC's 2025 EPS and operating/free cash flow.
- Pintail will operate independently; founders sign employment and noncompete agreements.
- Transaction funded from cash on hand; post-closing working capital adjustment included.

## SEC filing metadata
- accession: 0001558370-25-004495
- form_type: 8-K
- ticker: RES
- cik: 0000742278
- company_name: RPC INC
- filed_at: 2025-04-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742278/000155837025004495/0001558370-25-004495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742278/000155837025004495/res-20250401x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-004495
- JSON: https://secwatch.observer/filing/0001558370-25-004495.json
- Plain text: https://secwatch.observer/filing/0001558370-25-004495.txt

## Key facts
- M&A Transactions
  RPC INC completed an acquisition involving Pintail Alternative Energy, L.L.C. for $245 million (closed 2025-04-01).
  - Action: acquisition
  - Counterparty: Pintail Alternative Energy, L.L.C.
  - Consideration: $245 million
  - Closing: 2025-04-01
  source text: is a leading provider of wireline services in support of pump-down perforation operations in the greater Permian Basin. ​ Transaction Consideration ​ The purchase price was $245 million for 100% of Pintail’s equity. The Transaction consideration consisted of approximately $170 million of cash, to be adjusted as noted below, $25 million of RPC common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/742278/000155837025004495/0001558370-25-004495-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.