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RPC, Inc. (RES) Q1 2026 Earnings Call Transcript

RPC (RES) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.06 per share a year ago.

ATLANTA, May 7, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC" or the "Company"), a leading diversified oilfield services company, announced its unaudited results for the first quarter ended March 31, 2026. Non-GAAP and adjusted measures may include, adjusted operating income, adjusted net income, adjusted net income margin, adjusted earnings per share (diluted), EBITDA and adjusted EBITDA, adjusted EBITDA margin, and free cash flow which are reconciled to the most directly comparable GAAP measures in the appendices of this earnings release.

ATLANTA, April 29, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today the election of Wesley N. Slagle to the Board of Directors of the Company.

ATLANTA, April 28, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the first quarter ended March 31, 2026 on Thursday, May 7, 2026 before the market opens.  In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, May 7, 2026 at 9:00 a.m.

ATLANTA, April 28, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share payable June 10, 2026 to common stockholders of record at the close of business on May 11, 2026.  About RPC, Inc. RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of America, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.

Sold 1,252,201 shares of RPC; estimated trade value ~$7.80 million based on quarterly average price Quarter-end position value dropped by $6.81 million, reflecting both trading and share price movement Transaction represented a 3.25% change in 13F reportable assets under management Post-sale, the fund held zero shares of RPC; position value now $0 The position was previously 3.0% of the fund's AUM as of the prior quarter