RES

RPC Inc. RES reported first-quarter 2026 results on May 7, before the opening bell. Following the announcement, the company’s stock price declined 5.7% to $6.92 per share. RES reported first-quarter 2026 adjusted earnings of 3 cents per share, which beat the Zacks Consensus Estimate of a penny by 200%. The bottom line declined 50% from the year-ago quarter’s level of 6 cents per share. Total quarterly revenues were $454.76 million, up 36.6% from the year-ago quarter’s figure of $332.88 million. The top line beat the Zacks Consensus Estimate of $396 million by 14.84%. The better-than-expected earnings were driven by the contribution from Pintail, which was acquired during the second quarter of 2025, combined with increased earnings across pressure pumping, downhole tools and coiled tubing operations. The positives were partially offset by the higher cost of revenues, primarily due to the Pintail acquisition and increased expenses driven by higher customer activity. RPC, Inc. price-consensus-eps-surprise-chart | RPC, Inc. Quote Operating profit in the Technical Services segment totaled $15.98 million, higher than the year-ago quarter’s $14 million. The improvement was driven by increased activity in downhole tools. First-quarter 2026 results reflect Pintail’s operating performance. Lower prices and an unfavorable pressure-pumping job mix offset the positives. Operating profit in the Support Services segment amounted to $401 thousand, down from $2.66 million in the year-ago quarter. The segment was mainly affected by lower rental tool activity, driven by lower customer activity. The company’s total operating income in the quarter was $2.62 million compared with $12.39 million in the year-ago quarter. The average domestic rig count declined 6.8% year over year. The average oil price was $70.54 per barrel, down 1.9% year over year. The average natural gas price was $4.81 per thousand cubic feet (Mcf), 16.2% higher than the $4.14 per Mcf recorded in the corresponding period of 2025. In the first quarter, the cost of revenues (excluding depreciation and amortization) increased to $355.58 million from $243.89 million in the prior-year period. Selling, general and administrative expenses amounted to $48.21 million, higher than the year-ago quarter’s $42.5 million. The figure also included acquisition-related employment costs. As of March 31, 2026, RES had cash and ca...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. RPC (RES) is back in focus after its first quarter 2026 earnings, reporting sales of US$454.76 million and net income of US$0.855 million, compared with US$332.88 million in sales and net income of US$12.03 million a year earlier. See our latest analysis for RPC. At a share price of US$6.92, RPC has seen momentum build recently, with a 30 day share price return of 5.97% and a 90 day share price return of 18.90%. The 1 year total shareholder return of 48.10% contrasts with more modest 3 year gains and aligns with shifting expectations around earnings resilience and cost pressures. If the latest earnings have you reassessing your energy exposure, it could be a good moment to widen the search and check out 19 top founder-led companies With revenue edging higher but net income far lower than a year ago, plus a recent share price run, the key question now is whether RPC at US$6.92 is still undervalued or if the market is already pricing in future growth? RPC closed at US$6.92, while the most widely followed fair value narrative sits at US$6.44, framing the current price as slightly ahead of that model. Read the complete narrative. Curious what kind of revenue mix, margin lift and earnings trajectory that narrative is baking in to reach its fair value view, without sounding aggressive or overly cautious. Result: Fair Value of US$6.44 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there are still clear swing factors here, including pricing pressure in pressure pumping and wireline, as well as the impact of large capital spending on future cash flow flexibility. Find out about the key risks to this RPC narrative. While the most popular narrative sees RPC as 7.5% overvalued at US$6.92 versus a US$6.44 fair value, the Simply Wall St DCF model comes out a touch more forgiving, with a future cash flow value of about US$7.02. This suggests the stock is 1.4% below that estimate. Which signal you lean on may come down to how much weight you put on modeled cash flows versus earnings based targets. Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (chec...

Interested in RPC, Inc.? Here are five stocks we like better. RPC’s first-quarter 2026 revenue rose 7% sequentially to $455 million as activity improved across most service lines, but profitability softened due to job mix, fuel costs and working-capital pressure. Adjusted EBITDA slipped to $53.5 million and adjusted EPS was $0.03. Downhole tools were a key growth driver, with Thru Tubing Solutions’ revenue up 11% sequentially. Management said adoption of MetalMax and UnPlug technologies is accelerating, benefiting from longer laterals and more complex completion needs. The company remains financially flexible but is only cautiously optimistic on pricing. RPC ended the quarter with about $201 million in cash and no revolver borrowings, while raising 2026 capex guidance to $160 million-$180 million; however, management said spot pricing firming is limited and not yet broad-based. RPC (NYSE:RES) reported higher first-quarter 2026 revenue as activity improved across most service lines despite winter storms early in the period, while profitability was pressured by job mix, fuel costs and working capital needs. President and CEO Ben M. Palmer said demand strengthened as the quarter progressed, with sequential revenue growth across the majority of RPC’s service lines. The company also described recent geopolitical developments and higher commodity prices as “incrementally positive,” though management said customer responses have so far been modest. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? Chief Financial Officer Michael L. Schmit said first-quarter revenue increased 7% sequentially to $455 million compared with the fourth quarter of 2025. Technical Services, which represented 95% of total revenue, rose 7%, while Support Services, accounting for the remaining 5%, was flat. RPC’s largest service lines accounted for 94% of total revenue during the quarter. Schmit provided the following revenue mix: Pressure pumping: 31% Downhole tools: 23.3% Wireline: 22.7% Coiled tubing: 8.5% Cementing: 5.8% Rental tools: 3% → MP Materials Is Quietly Building a Rare Earth Powerhouse Cost of revenues, excluding depreciation and amortization, increased to $356 million from $330 million in the prior quarter. Schmit said the increase was primarily tied to job mix, as RPC provided higher levels of materials, supplies and fuel for customers. Selling, general...

Image source: The Motley Fool. Thursday, May 7, 2026 at 9:00 a.m. ET President and Chief Executive Officer — Ben Palmer Vice President and Chief Financial Officer — Michael Schmit Ben Palmer: Thank you, Mike, and thank you for joining our call this morning. Today, we'll talk about our first quarter results and provide you with a few operational highlights. First quarter results reflect a sequential revenue increase across the majority of our service lines despite the winter storms early in the quarter. Demand strengthened as the quarter progressed. Within Technical Services, Thru Tubing Solutions' downhole tools revenues increased 11% sequentially. We saw broad-based strength with most geographic regions growing double digits. Thru Tubing Solutions is a market leader in downhole completion tools with a portfolio of products supported by proprietary technologies. We have introduced a number of new products in recent years that have helped expand our market leadership position. Thru Tubing Solutions continues the rollout of its new metal-on-metal power section, Metal Max. Adoption is accelerating with growth across both geographic markets and motor size offerings as inventory availability expands. Metal Max's performance and design characteristics are enabling entry into new markets and applications previously served by traditional power section components. Over the past 6 months, Metal Max has strategically displaced conventional power sections, but still only represents 15% of our power section utilization. We continue to see meaningful opportunities for further displacement as customers increasingly recognize the product's performance and value. Thru Tubing Solutions' on-plug technology, which replaces traditional bridge plugs is picking up momentum with several operators opting to utilize the technology as their primary stage isolation method. We are also seeing success with our new surface vibratory technology, particularly in longer laterals. Overall, our downhole tools business is benefiting from longer laterals and the need for technologies to deal with the related completion challenges. Also within Technical Services, Cudd Pressure Control's revenues were down 7% sequentially, led by weakness in the Rockies region and tough comparables in well control as the fourth quarter had multiple large well control events. This was partially offset by nitrogen,...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +200.00%. A quarter ago, it was expected that this oil and gas services company would post earnings of $0.07 per share when it actually produced earnings of $0.04, delivering a surprise of -42.86%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. RPC, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $454.76 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 14.84%. This compares to year-ago revenues of $332.88 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. RPC shares have added about 35.7% since the beginning of the year versus the S&P 500's gain of 7.6%. While RPC has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for RPC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks her...

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. Sequential comparisons are to 4Q:25. The Company believes quarterly sequential comparisons are most useful in assessing industry trends and RPC's recent financial results. Both sequential 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 points sequentially to 0.2% Adjusted net income was $7.6 million, compared to $9.4 million in the prior quarter, and adjusted diluted EPS was $0.03; Adjusted net income margin was 1.7%. See Appendices B and C for additional details Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was $53.5 million, compared to $55.1 million in the prior quarter; Adjusted EBITDA margin decreased 110 basis points sequentially to 11.8%. See Appendix C for additional details Management Commentary "During the first quarter we experienced modest revenue increases despite weather impacts to start the year. Our Technical Services segment revenues increased 7% sequentially. Within Technical Services, Cudd Energy Services' pressure pumping saw the largest percentage increase at 20% followed by Cudd Pressure Control's nitrogen service line which increased 13%. Thru Tubing Solutions' downhole tools increased 11% driven by higher activity supported by new technologies. Our Support Services segment revenues were flat sequentially, as the first quarter typically sees the biggest weather impact," stated Ben M. Palmer, RPC's President and Chief Executive Officer. "The year started off with winter storms disrupting activity across multiple basins which was followed by significant geopolitica...

RPC (RES) shares were down 5.4% in Thursday trading after it reported Q1 adjusted earnings of $0.03

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. RPC's investor website can be found on the internet at RPC.net. For information about RPC, Inc. or this event, please contact: Joshua Large Vice President, Corporate Finance and Investor Relations (404) 321-2152 [email protected] Michael L. Schmit Chief Financial Officer (404) 321-2140 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/rpc-inc-announces-regular-quarterly-cash-dividend-302756155.html

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. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (800) 715-9871, or +1 (646) 307-1963 for international callers, and use conference ID number 5388095. For interested individuals unable to join by telephone, the call also will be broadcast and archived for 90 days on the Company's investor website. Interested parties are encouraged to click on the webcast link 10-15 minutes prior to the start of the conference call. 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. RPC's investor website can be found on the internet at RPC.net. For information about RPC, Inc. or this event, please contact: Joshua Large Vice President, Corporate Finance and Investor Relations (404) 321-2152 [email protected] Michael L. Schmit Chief Financial Officer (404) 321-2140 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/rpc-inc-announces-date-for-first-quarter-2026-financial-results-and-conference-call-302756156.html

Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.13 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +146.15%. A quarter ago, it was expected that this provider of hydraulic fracturing services would post a loss of $0.16 per share when it actually produced earnings of $0.05, delivering a surprise of +131.25%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Liberty Oilfield Services, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.02 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 7.64%. This compares to year-ago revenues of $977.46 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Liberty Oilfield Services shares have added about 53.5% since the beginning of the year versus the S&P 500's gain of 3.2%. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to...

It has been about a month since the last earnings report for RPC (RES). Shares have added about 8.7% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is RPC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. RPCreported fourth-quarter 2025 adjusted earnings of 4 cents per share, which missed the Zacks Consensus Estimate of 7 cents. The bottom line also declined from the year-ago quarter’s level of 6 cents. Total quarterly revenues were $426 million, up from the year-ago quarter’s $335 million. The top line beat the Zacks Consensus Estimate of $425 million. The weak quarterly earnings can be attributed to a higher cost of revenues, primarily due to a change in accounting treatment for wireline cable to expensing, which was previously capitalized, and reduced customer activity, mainly in December. However, contributions from the Pintail Completions acquisition partially offset the negatives. Operating profit in the Technical Services segment totaled $8.5 million, lower than the year-ago quarter’s $10.6 million. The decline includes the impact of a change in the accounting treatment of wireline cables from capitalization to expensing in the quarter. The segment was also affected by weakness in downhole tools in the international markets and the Rocky Mountain region. Operating profit in the Support Services segment amounted to $1.7 million, lower than the year-ago level of $2.6 million. The segment was mainly affected by decreased activity in rental tools, mainly in December, driven by lower customer activity. The company’s total operating loss in the quarter was $4 million, compared with a profit of $10.5 in the year-ago quarter. The average domestic rig count was 548, down 6.5% year over year. The average oil price was $59.79 per barrel, down 15.3% year over year. The average price of natural gas was $3.69 per thousand cubic feet, 51.9% higher than the figure recorded in the corresponding period of 2024. In the fourth quarter, the cost of revenues (excluding depreciation and amortization) increased to $336.6 million from $250.2 million in the prior-year period. Selling, general and admini...