RPC INC reported the first quarter ended March 31, 2026 results: revenue $454.8 million, net income $0.9 million, EPS $0.00.
“and year-over-year comparisons are available in the tables at the end of this earnings release. First Quarter 2026 Highlights ● Revenues increased 7% sequentially to $454.8 million ● Net income was $0.9 million, compared to net loss of $3.1 million in the prior quarter, and diluted Earnings Per Share (EPS) was $0.00; Net income margin increased 90 basis”
M&A Transactions
RPC INC completed an acquisition involving Pintail Alternative Energy, L.L.C. for $245 million (closed 2025-04-01).
“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”
Pamela R. Rollins departed as Director at RPC INC.
“On February 18, 2025, each of Gary W. Rollins and Pamela R. Rollins informed the Board of Directors of RPC, Inc. (the “Company”) that, after long periods of service, they each intended to retire from the Board and would not stand for re-election at the Company’s 2025 Annual Meeting of Stockholders.”
Gary W. Rollins departed as Director at RPC INC.
“On February 18, 2025, each of Gary W. Rollins and Pamela R. Rollins informed the Board of Directors of RPC, Inc. (the “Company”) that, after long periods of service, they each intended to retire from the Board and would not stand for re-election at the Company’s 2025 Annual Meeting of Stockholders.”
Earnings Releases
RPC INC reported the first quarter ended March 31, 2024 results: revenue $377.8 million, net income $27.5 million, EPS $0.13.
“and year-over-year comparisons are available in the tables at the end of this earnings release. First Quarter 2024 Highlights ● Revenues decreased 4% sequentially to $377.8 million ● Net income was $27.5 million, down 32% sequentially, and diluted Earnings Per Share (EPS) was $0.13; net income margin decreased 290 basis points sequentially to 7.3% ●”
Earnings Releases
RPC INC reported full year ended December 31, 2023 results: revenue $1.6 billion, net income $195.1 million, EPS $0.90.
“from significantly higher pressure pumping fleet utilization compared to the third quarter of 2023 Full Year 2023 Highlights ● Revenues increased 1% year-over-year to $1.6 billion ● Net income was $195.1 million and diluted EPS was $0.90; net income margin was 12.1% ● Adjusted EBITDA was $374.4 million, with Adjusted EBITDA margin of 23.1% ● Net cash flow”
Earnings Releases
RPC INC reported fourth quarter ended December 31, 2023 results: revenue $394.5 million, net income $40.3 million, EPS $0.19.
“and year-over-year comparisons are available in the tables at the end of this earnings release. Fourth Quarter 2023 Highlights ● Revenues increased 19% sequentially to $394.5 million ● Net income was $40.3 million, up 120% sequentially, and diluted earnings per share (EPS) was $0.19; net income margin increased 470 basis points sequentially to 10.2% ●”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.