Rpc Earnings Reports

RPC, Inc. reported a strong third quarter in 2025, with revenues increasing by 6% sequentially to $447.1 million. Net income and diluted EPS also saw sequential improvements, reaching $13.0 million and $0.06, respectively. The company experienced broad-based revenue increases across most service lines, particularly in pressure pumping, coiled tubing, and downhole tools.

RPC, Inc. reported a 1% sequential decrease in revenues to $332.9 million for Q1 2025. Net income was $12 million, down 6% sequentially due to an unfavorable tax rate comparison. However, EBITDA increased 6% sequentially to $48.9 million, with EBITDA margin improving by 100 basis points to 14.7%. The company also announced the acquisition of Pintail Completions, a leading wireline perforation service provider, effective April 1, 2025.

RPC, Inc. reported a slight sequential improvement in pressure pumping results, while the rest of the business was generally soft, reflecting typically lower fourth quarter customer activity. Revenues decreased 1% sequentially to $335.4 million and net income was $12.8 million, down 32% sequentially.

RPC reported a decrease in revenues and net income compared to the previous quarter. Revenues decreased by 7% sequentially to $337.7 million, and net income decreased by 42% sequentially to $18.8 million. The results reflect lower utilization and pricing in pressure pumping.

RPC, Inc. reported revenues of $364.2 million, a slight decrease sequentially. However, net income increased to $32.4 million, with diluted EPS at $0.15. The company highlighted solid demand and margin improvement across most service lines, with pressure pumping remaining competitive.

RPC Inc. reported a decrease in revenues and net income for Q1 2024 compared to the previous quarter, reflecting a softer oilfield services environment and competitive pricing. The company's financial position remained strong with a debt-free balance sheet and significant cash reserves.

RPC, Inc. reported a strong sequential improvement in its fourth-quarter financial results, with revenues increasing by 19% to $394.5 million and net income rising to $40.3 million, or $0.19 per diluted share. The company's performance was driven by higher pressure pumping fleet utilization, though activity slowed during the December holiday season due to declining oil prices. RPC remains debt-free with a solid cash balance.

RPC Inc. reported a decrease in revenue to $330.4 million and a net income of $18.3 million, or $0.08 diluted earnings per share, for Q3 2023. The decline was primarily attributed to lower activity in the pressure pumping business, although the recently acquired Spinnaker cementing business positively contributed to results.

RPC reported a decrease in revenues and profits for Q2 2023 compared to the previous quarter, primarily due to job delays, cancellations by pressure pumping customers, and weaker activity in natural gas basins. However, revenues increased compared to the same quarter last year due to improved pricing and higher activity levels.

RPC, Inc. announced its Q1 2023 results with revenues of $476.7 million and a net income of $71.5 million, or $0.33 diluted earnings per share. The results reflect a stable oilfield operating environment, with revenues increasing compared to the prior year due to improved pricing and higher customer activity levels.

RPC, Inc. reported a strong fourth quarter with revenues of $482.0 million, a 4.9% increase compared to the previous quarter. Operating profit was $112.3 million, and net income reached $87.0 million, or $0.40 diluted earnings per share. The company's cash balance increased significantly, and the Board of Directors doubled the quarterly dividend.

RPC, Inc. reported revenues of $459.6 million, a 22.4 percent increase compared to the second quarter of 2022. Operating profit was $92.2 million, and net income was $69.3 million, or $0.32 diluted earnings per share. EBITDA increased by 40.3 percent to $113.0 million.

RPC, Inc. reported strong second quarter 2022 results with significant increases in revenue, operating profit, and net income compared to the previous quarter and the same period last year. The improvements were driven by higher customer activity levels, improved pricing, and a larger fleet of active pressure pumping equipment.

RPC, Inc. reported revenues of $284.6 million for the quarter ended March 31, 2022, an increase of 55.9 percent compared to the first quarter of 2021. Net income for the first quarter of 2022 was $15.1 million, or $0.07 diluted earnings per share, compared to a net loss of $9.7 million, or $0.05 loss per share in the first quarter of the prior year.

RPC, Inc. reported a significant increase in revenue for Q4 2021, driven by higher customer activity and improved pricing, leading to a return to profitability with both operating and net income.

RPC, Inc. reported a significant increase in revenue and a return to profitability in Q3 2021. Revenues increased by 93.3% compared to the prior year, driven by higher activity levels and pricing improvements. The company achieved an operating profit of $8.0 million and a net income of $5.3 million, a substantial improvement from the losses reported in the same quarter of the previous year.

RPC, Inc. reported a significant increase in revenue for the second quarter of 2021, accompanied by improvements in operating loss and net loss compared to the previous year. The company saw growth in both Technical Services and Support Services segments, driven by higher activity levels and an improving economy.

RPC, Inc. reported a decrease in revenues for the first quarter of 2021 compared to the same period in 2020. However, the company saw improvements in operating loss and net loss. The increase in revenues compared to the prior quarter was noted, driven by higher activity in most service lines.

RPC Inc. reported a decrease in revenues and a net loss for the fourth quarter of 2020, compared to the fourth quarter of 2019. However, there was a sequential improvement in activity levels compared to the previous quarter.

RPC, Inc. reported revenues of $116.6 million for Q3 2020, a 60.2% decrease compared to Q3 2019. The operating loss was $31.8 million, an improvement from the $92.6 million loss in the same period last year. The net loss was $16.4 million, or $0.08 loss per share, compared to a net loss of $69.2 million, or $0.33 loss per share, in Q3 2019.

RPC, Inc. reported a significant decrease in revenues for the second quarter of 2020, with revenues of $89.3 million, a 75.1% decrease compared to the same period in 2019. The company experienced an operating loss of $37.5 million and a net loss of $25.1 million, or $0.12 loss per share.

RPC Inc. reported a decrease in revenues and a significant operating loss for the first quarter of 2020, driven by lower activity levels, pricing pressures, and impairment charges. The company is implementing cost reduction measures to address the downturn.

RPC, Inc. announced its Q4 2019 financial results, with revenues decreasing by 37.4% to $236.0 million compared to Q4 2018. The company reported an operating loss of $27.9 million and a net loss of $23.4 million, or $0.11 loss per share, compared to a net income of $13.4 million, or $0.06 diluted earnings per share, in the same period of the prior year.