RES

RPC (RES) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this oil and gas services company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For RPC, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.09 per share for the current quarter represents a change of 0.0% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for RPC has increased 50% because one estimate has moved higher compared to no negative revisions. The company is expected to earn $0.26 per share for the full year, which represents a change of +4.0% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for RPC. Over the past month, one estimate has moved higher compared to no negative revisions, helping the consensus estimate increase 30%. Thanks to promising estimate revisions, RPC currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. While strong estimate revisions for RPC have attracted decent investments and pushed the stock 6.3% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RPC, Inc. (RES) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

In the past week, RPC, Inc. reported second-quarter 2026 results showing sales of US$460.87 million and net income of US$12.08 million, while its board affirmed a regular quarterly cash dividend of US$0.04 per share payable on September 10, 2026 to stockholders of record on August 10, 2026. The combination of stronger Technical Services performance, contributions from new downhole technologies, and a higher capital spending outlook highlights management’s focus on selective growth investments while continuing shareholder cash returns. We’ll now examine how the stronger Technical Services performance and raised capital spending outlook may influence RPC’s existing investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 16 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own RPC today, you have to believe it can turn stronger Technical Services performance and new downhole technologies into higher quality, less volatile earnings, while keeping capital spending in check. The latest quarter showed revenue growth and margin progress, but also highlighted ongoing exposure to pricing pressure and cyclical activity. In my view, the biggest near term catalyst is continued mix improvement in Technical Services, while the key risk remains profit sensitivity to North American shale spending. The most relevant announcement here is the raised 2026 capital spending outlook to US$170 million to US$190 million, focused on coiled tubing, downhole tools, and lower emission equipment. This ties directly into the thesis that RPC’s technology heavy services can support better pricing and utilization, but also increases the risk that higher capex strains free cash flow if industry activity or pricing weakens. Yet behind the solid Q2 and the upgraded capex plan, investors should still be aware of how quickly regional pricing pressure in pressure pumping and wireline could... Read the full narrative on RPC (it's free!) RPC's narrative projects $1.9 billion revenue and $116.0 million earnings by 2029. Uncover how RPC's forecasts yield a $6.54 fair value, a 17% upside to its current price. Some of the most optimistic analysts already saw room for earnings to reach about US$118.5 million by 2029, but this new capex push could either reinforce or challenge that view, especially if RPC’s heavy North American shale exposure and Permian concentration prove more fragile than those forecasts assume. Explore 3 other fair value estimates on RPC - why the stock might be worth just $6.54! Don't just follow the ticker - dig into the data and build a conviction that's truly your own. A great starting point for your RPC research is our analysis highlighting 2 key rewards and 3 important warning signs that could impact your investment decision. Our free RPC research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate RPC's overall financial health at a glance. Opportunities like this don't last. These are today's most promising picks. Check them out now: The future of work is here. Discover the 36 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. AI is about to change healthcare. These 41 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. Uncover the next big thing with 21 elite penny stocks that balance risk and reward. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include RES. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Interested in RPC, Inc.? Here are five stocks we like better. RPC’s second-quarter performance improved: Revenue rose 1% sequentially to $461 million, while adjusted EBITDA increased to $66 million and the margin expanded 250 basis points to 14.3%, supported by pricing, job mix, operating leverage and a sales-tax refund. Technical Services offset weakness in wireline: ThruTubing Solutions, coiled tubing and snubbing delivered growth, while Pintail Wireline revenue fell 16% amid lower customer activity and aggressive competitor pricing. RPC is also expanding its larger-diameter coiled-tubing capacity and selectively investing in newer, dual-fuel equipment. RPC raised its 2026 capital-spending outlook to $170 million-$190 million for targeted growth investments, while maintaining a conservative balance sheet with approximately $180 million in cash and no revolver borrowings. CEO Ben Palmer plans to retire by year-end 2026, and the board is searching for his successor. RPC (NYSE:RES) reported second-quarter 2026 revenue of $461 million, up 1% sequentially, as growth in several technical-service lines and improved job mix supported a 250-basis-point increase in adjusted EBITDA margin. Adjusted EBITDA rose to $66 million from $53.5 million in the first quarter, while adjusted diluted earnings per share were $0.08. Chief Financial Officer Michael Schmit said EBITDA margin reached 14.3%, benefiting from modest pricing gains, improved job mix, operating leverage at several locations and a sales-tax refund. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now President and CEO Ben Palmer said the company’s results reflected “strong execution, improved job mix, technology adoption, and contributions from targeted investments,” even as industry activity remained relatively subdued. Technical Services, which accounted for 95% of quarterly revenue, increased 1% sequentially. Support Services, representing the remaining 5%, increased 11%. → Microsoft Just Flipped the AI Spending Narrative Overnight Downhole tools revenue at ThruTubing Solutions increased 10% sequentially, including growth of more than 20% in the Rocky Mountain region. Palmer attributed the performance to demand for the company’s proprietary tools and to increasingly complex and longer well laterals. The company expanded the availability and sizes of its MetalMax metal-on-metal power section, which Palmer said has increased its addressable market and market penetration. He said the technology can reduce the number of trips operators need to make out of a well, reducing nonproductive time. ThruTubing Solutions also completed several horseshoe wells in the Permian Basin exceeding 27,000 feet in recent weeks. → Carrier Earnings Could Send the Stock to a New All-Time High Cudd Pressure Control revenue rose 8% from the first quarter, led by coiled tubing, snubbing and well-control services. Snubbing revenue increased 14%, aided by a new big-bore snubbing unit that began work in early June and later moved to a multi-project assignment. Palmer said the unit is suited for cavern gas storage inspections, a regulatory-driven market that supports the company’s effort to diversify beyond well completions. Coiled tubing revenue increased 6%, with the strongest growth in Elk City and additional gains in Pennsylvania and Michigan. Utilization increased across the company’s larger-diameter units, with its 2 7/8-inch unit fully utilized. RPC expects to have three 2 7/8-inch-capable coiled tubing units by year-end. Two will result from reel-trailer upgrades to previously modernized units, while the third is associated with the previously delivered Trailblazer unit. Palmer said the company’s current geographic focus for the upgraded units is South Texas, the Mid-Continent and the Permian Basin, although the equipment can be moved based on customer relationships and returns. Wireline remained a challenging market. Pintail Wireline revenue declined 16% sequentially due to reduced customer activity and lost crews amid aggressive competitor pricing. Palmer said RPC has remained disciplined on pricing while maintaining relationships with key customers. Cudd Energy Services’ pressure pumping revenue declined 1% sequentially. Slightly improved pricing was offset by lower pump hours, according to Palmer. However, reduced fuel, materials and supplies provided to customers lowered revenue but improved profitability through job mix. Palmer said RPC does not currently plan to reactivate pressure-pumping fleets at prevailing market levels. Instead, the company is selectively investing in upgrades and newer technology, including equipment that is fully or partially dual-fuel capable. “We’re trying to remain disciplined,” Palmer said during the question-and-answer session, adding that the business is intended to fund the investment needs that the company believes can generate acceptable returns. The company sees easing gas takeaway constraints and a potentially more supportive commodity-price environment as possible positives for 2027 exploration and production budgets. Still, Palmer said customers remain cautious because of uncertainty surrounding commodity prices and geopolitical volatility. RPC does not expect a significant near-term change in activity levels. Cost of revenues, excluding depreciation and amortization, declined to $346 million from $356 million in the prior quarter, primarily because the company supplied lower levels of materials, fuel and other inputs on customer jobs. Selling, general and administrative expense rose to $52 million from $48 million. The increase reflected incentive compensation, higher bad-debt expense and consulting costs. SG&A represented 11.2% of revenue, up 60 basis points sequentially. Depreciation and amortization was $43 million, slightly higher than in the first quarter. Year-to-date operating cash flow totaled $75 million, while capital expenditures were $71 million, resulting in free cash flow of $4 million. Schmit said working capital was affected by higher revenue and the timing of customer payments. Cash at quarter-end: approximately $180 million Notes payable: $30 million Revolving credit facility borrowings: none Revolving credit facility: $100 million, amended and extended through June 2031 Regular quarterly dividend: $0.04 per share Year-to-date dividend payments: $17.7 million RPC raised its 2026 capital-expenditure outlook to a range of $170 million to $190 million, citing targeted growth investments that it believes offer strong full-cycle returns and can further differentiate its services. Schmit said some spending could shift into 2027 because of project timing and equipment lead times. Palmer also reiterated his plans to retire as president and CEO and step down from the board by the end of 2026, following 30 years with the company. The board has started a search for his successor and expects to complete it before year-end. Palmer said he will remain in an advisory role to assist with the leadership transition. Looking ahead, Palmer said the company believes its technology portfolio, financial flexibility and balance sheet position it to pursue attractive opportunities while maintaining its focus on cash generation and full-cycle returns. RPC, Inc (NYSE: RES) provides essential equipment and services to companies engaged in the exploration, production and maintenance of oil and natural gas wells. The firm operates as an equity interest holding company, partnering with a network of independent service businesses to deliver a comprehensive suite of offerings for well completion and production operations. Through its affiliated service companies, RPC offers pressure pumping and fracturing services, coiled tubing and nitrogen pumping, downhole tools and telemetry solutions, well intervention and workover services, along with rental tools and supply-chain logistics. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "RPC Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Image source: The Motley Fool. Thursday, July 30, 2026 at 9:00 a.m. ET President and Chief Executive Officer - Ben Palmer Chief Financial Officer - Michael L. Schmit Operator: Good morning, and thank you for joining us for RPC, Inc.’s second-quarter 2026 earnings conference call. Today’s call will be hosted by Ben Palmer, President and CEO, and Mike Schmit, Chief Financial Officer. At this time, all participants are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. Instructions will be provided at that time for you to queue up for questions. I would like to advise everyone that this conference call is being recorded. I will now turn the call over to Mr. Schmit. Michael L. Schmit: Thank you, and good morning. Before we begin, I want to remind you that some of the statements that will be made on this call could be forward-looking in nature and reflect a number of known and unknown risks. Please refer to our press release issued today, along with our 10-K and other public filings that outline those risks, all of which can be found on RPC’s website at [www.rpc.net](http://www.rpc.net). In today’s earnings release and conference call, we will be referring to several non-GAAP measures of operating performance and liquidity. We believe these non-GAAP measures allow us to compare performance consistently over various periods. Our press release and our website contain reconciliations of these non-GAAP measures to the most directly comparable GAAP measures. I will now turn the call over to our President and CEO, Ben Palmer. Ben Palmer: Thank you, Mike, and thank you for joining our call this morning. Before turning to our second-quarter results, I want to briefly address the CEO succession announcement we made in June. As we announced, I plan to retire as President and CEO and step down from the Board by the end of 2026, following 30 years with RPC. The Board has initiated a search for my successor, which is expected to conclude before year-end. And I will remain in an advisory capacity to support a smooth leadership transition. It has been the privilege of my professional life to spend the past three decades at RPC. Together with our talented team, we have built a diversified platform underpinned by strong brands, a low-leverage balance sheet, and a disciplined focus on full-cycle returns. I am committed to working closely with the Board to ensure continuity for our employees, customers, and shareholders. And in the meantime, our focus remains on disciplined execution, prudent capital allocation, and delivering long-term shareholder value. With that, let’s turn to our second-quarter results. And I will provide you with a few operational highlights. While industry activity levels remained relatively subdued, RPC delivered sequential revenue growth and meaningful margin expansion driven by strong execution, improved job mix, technology adoption, and contributions from targeted investments. Within Technical Services, ThruTubing Solutions’ downhole tools revenues increased 10% sequentially. We saw broad-based strength, with our Rocky Mountain region growing more than 20% sequentially. ThruTubing Solutions is a market leader in downhole completion tools with a portfolio of products supported by proprietary technologies and our patent portfolio. Over the last several years, we have introduced new motor sizes, new motor components, split-string tools, surface tools, and stage isolation products, just to name a few. These products have been well received and allow us to continue our market leadership. ThruTubing Solutions has introduced new sizes of its metal-on-metal power section called MetalMax, along with expanding availability across districts. This has resulted in an increased addressable market and improved MetalMax penetration. MetalMax’s performance and design characteristics are enabling entry into new markets and applications previously served by traditional power section components. The product reduces the number of trips an operator has to make out of the hole, reducing nonproductive time. Our ThruTubing Solutions team completed multiple horseshoe wells in the Permian exceeding 27,000 feet over the last several weeks. In addition to long lateral sections, these wells have added friction and complexities due to the turns. We collaborate with operators to package a solution that will drill out the well in the most efficient and reliable way. ThruTubing Solutions’ UnPlug technology, which replaces traditional bridge plugs, continues to have success. During the quarter, we had several additional customers trial this product. Overall, our downhole tools business is benefiting from more complex and longer laterals that are well suited for our technology solutions. Also within Technical Services, Cudd Pressure Control’s revenues were up 8% sequentially, led by coiled tubing, snubbing, and well control. Cudd Pressure Control’s snubbing business was up 14% sequentially. We received the big-bore snubbing unit during the quarter and began work in early June. The unit has since mobilized to a multi-project job. The big bore’s design features make it ideally suited for cavern gas storage inspections, which is regulatory-driven. This is part of our effort to continue diversifying beyond well completions. Coiled tubing, our largest service line within Cudd Pressure Control, was up 6% sequentially. Coiled tubing had the strongest growth in Elk City, which serves multiple basins, as well as growth in Pennsylvania and Michigan. We saw increased utilization across all of our larger-diameter units, with the 2 7/8-inch unit fully utilized. As part of our multiyear coiled tubing strategy, we have accelerated our investments here. We now expect a total of three 2 7/8-inch-capable units by year-end, with two coming from reel-trailer upgrades to previously modernized units and one from the previously delivered Trailblazer unit. These upgrades provide additional large-diameter capabilities to be deployed to the highest-return markets. While the wireline market conditions remain highly competitive, we have remained disciplined on pricing and continue to maintain a strong position with key customers. Pintail wireline revenues were down 16% sequentially. Revenues were impacted by customer activity reductions and lost crews due to aggressive competitor pricing. Cudd Energy Services’ pressure pumping business saw a 1% sequential revenue decrease. Revenues benefited from slightly improved pricing but were also offset by slightly lower pump hours. Job mix impacted revenues as we saw less fuel and M&S costs and revenues, but benefited our profit margins. Our focus remains on continuing to earn an appropriate return on our equipment over a cycle, but without significant activity changes, we do not see meaningful increases in pricing. Currently, we have no plans to reactivate fleets at current levels. However, we are encouraged by easing gas takeaway constraints and the potential for 2027 E&P budgets to reflect a more supportive commodity price environment. Current oil prices are more supportive of activity levels. However, the volatility from geopolitical events creates a less certain environment for customer investment decisions. We believe operators are being cautious due to uncertainty around the duration and ultimate levels of commodity prices. We do not expect a significant change in activity in the near term, but we acknowledge the dynamic nature of the market and are in a position to respond. Our focus is on controllable factors, strong full-cycle returns, and cash flow generation. With that, I will now have Mike discuss the quarter’s financial results. Michael L. Schmit: Thanks, Ben. Our second-quarter financial results, with sequential comparisons to the first quarter of 2026, are as follows. Revenues increased 1% to $461 million. Breaking down our operating segments, Technical Services, which represented 95% of our total second-quarter revenues, was up 1%. Support Services represented 5% of revenues and was up 11%. The following is a breakdown of the second-quarter revenues for our largest service lines. Pressure pumping, 30.3%. Downhole tools, 25.3%. Wireline, 19.2%. Coiled tubing, 8.8%. Cementing, 6.2%. Rental tools, 3.6%. Together, these service lines accounted for 94% of our total revenues. Cost of revenues, excluding depreciation and amortization, was $346 million, compared to $356 million in the prior quarter. This decrease was primarily related to job mix as we provided lower levels of materials and supplies and fuel for customers during the quarter. SG&A expenses were $52 million, up from $48 million in the prior quarter. SG&A increased due to some incentive compensation, higher bad debt expense, and some other consulting expenses. As a percentage of revenue, SG&A increased 60 basis points to 11.2%. Depreciation and amortization was $43 million, slightly up from the previous quarter. The effective tax rate was lower compared to the previous quarter, primarily due to the smaller impact of permanent adjustments on increased pretax income. Adjusted diluted EPS was $0.08 per share in the second quarter. Adjustments totaled $0.03 per share and related to acquisition-related employment costs. Adjusted EBITDA was $66 million, up from $53.5 million. Adjusted EBITDA margin increased 250 basis points sequentially to 14.3%. EBITDA margin benefited from modest pricing improvements, better job mix, operational leverage from higher revenues at several locations, and a sales tax refund. Net cash provided by operating activities year to date was $75 million. And after CapEx of $71 million, free cash flow was $4 million. Working capital has been impacted by higher revenues and the timing of customer payments. At quarter-end, we had approximately $180 million in cash, $30 million in notes payable, and no borrowings on our $100 million revolving credit facility, which we amended and extended during the quarter through June 2031. Our regular cash dividend remains unchanged at $0.04 per share. Dividend payments totaled $17.7 million year to date. We expect 2026 capital expenditures in the range of $170 million to $190 million. We raised the range due to targeted growth investments where we see strong full-cycle returns, particularly in the areas that can further differentiate our service offerings. Given the timing and lead times, some of the spending may ultimately occur in 2027. We will continue to adjust our spending based on project returns and opportunity. I will now turn it back over to Ben for some closing remarks. Ben Palmer: Okay. Thank you, Mike. While we remain cautious regarding the pace of broader industry improvement, we believe RPC is well positioned with differentiated technologies, a strong balance sheet, and the financial flexibility to pursue attractive opportunities while continuing to generate cash and deliver strong full-cycle returns. I want to thank all of our employees who put in tremendous work to provide high levels of service and value to our customers every day. Thank you for joining us this morning. And at this time, we are happy to address any questions. Operator: We will now begin the question-and-answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. Again, we ask that you pick up your handset when asking a question to allow for optimum sound quality. If you are muted locally, please remember to unmute your device. Please stand by while we compile the Q&A roster. If you would like to ask a question, please press star one to raise your hand. Your first question comes from the line of John Daniel with Daniel Energy Partners. John, your line is open. Please go ahead. John Daniel: Thank you. Good morning, guys. Ben Palmer: Morning, John. Michael L. Schmit: Morning, John. John Daniel: Okay. Ben, first of all— Ben Palmer: Yep. John Daniel: Just thank you for the support over the years, and I wish you a great retirement. And hopefully, you will come to Midland for the barbecue in November. Ben Palmer: Well, I actually— John Daniel: So— Ben Palmer: Yeah. John Daniel: I only really have one question. Ben Palmer: Plan to. Thank you. John Daniel: On the coiled tubing units, the upgrades, are they staying in one basin, or do you see the opportunities to take them across the U.S.? And just your thoughts on where that could go over the next couple of years in terms of the need for more of those units? Ben Palmer: Yeah. We have done a lot in South Texas, the Mid-Con, and the Permian. That’s where our focus has been. But obviously, they are mobile, and particular customer relationships will have a big bearing on where we send those. But I would say, at this point in time, those particular basins are the ones that we would probably be focused on. We do not see any big shifts at this point in time in that. John Daniel: Okay. And then I think that I’m going to squeeze one more in. Just on the frac side of the business, I know you don’t—I don’t think you’re going to disclose how many fleets you have running today—but just some thoughts on whether you see opportunities for incremental horsepower deployments? Ben Palmer: In terms of increased, I would say no. What we are doing, though, is supporting the business. We are making selective, call them upgrades or whatever, as equipment. Obviously, it is something you manage over time in terms of older units. Are those refurbished or replaced? Obviously, we are upgrading those to the newer technology, obviously leaning more and more into the equipment that is either entirely or, you know, the DGB-type equipment. John Daniel: Right. Ben Palmer: That’s ongoing, that process of doing those upgrades. I would say, again, we are trying to remain disciplined, as we have over time. We are not aggressively trying to upgrade. We are trying to be prudent. You know, use what we have that’s available that we can generate decent returns with. But we are able to—the business is able to fund those needs that we are willing to put back into the business. John Daniel: Okay. Well, thank you very much. And again, congratulations. Ben Palmer: Thank you, John. Appreciate that very much. John Daniel: Sure. Operator: If you would like to ask a question, please press star one to raise your hand. We have reached the end of the Q&A session. I will now turn the call back to Mr. Ben Palmer for closing remarks. Ben Palmer: Okay. Thank you, operator, and thank you for listening in. We appreciate it. Hope you have a good rest of the day, and look forward to checking in. Take care. Operator: This concludes today’s call. A reminder that the conference call will be replayed on [www.rpc.net](http://www.rpc.net) within two hours following the completion of the call. Thank you for attending. You may now disconnect. Before you buy stock in Rpc, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rpc wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $397,081!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,166,221!* Now, it’s worth noting Stock Advisor’s total average return is 889% — a market-crushing outperformance compared to 203% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of July 30, 2026. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. RPC (RES) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

RPC, Inc. RES reported second-quarter 2026 adjusted earnings of 8 cents per share, which beat the Zacks Consensus Estimate of 4 cents by 100%. The bottom line also improved from the year-ago quarter’s 6 cents. Revenues of $460.87 million increased 9.5% year over year but missed the consensus estimate of $464 million by 0.7%. Better job mix, modest pricing gains and operating leverage supported profitability. However, lower Pintail Wireline revenues partly offset the positives. RPC, Inc. price-consensus-eps-surprise-chart | RPC, Inc. Quote Technical Services revenues were $438.12 million, up 1% sequentially and 10.4% year over year. Operating profit in the Technical Services segment totaled $27.56 million compared with $21.12 million a year earlier. Increased revenues in Cudd Pressure Controls' Snubbing, Spinnaker's Cementing and Thru-Tubing Solutions' Downhole Tools primarily supported the segment. However, a decrease in Pintail Wireline revenues offset the positives. Support Services revenues increased 11% sequentially to $22.75 million but declined from $24.06 million in the year-ago quarter. The sequential improvement was led by Patterson Rental Tools. Operating income declined to $2.29 million from $4.64 million in the year-ago quarter. The company’s total operating income in the quarter was $14.77 million compared with $15.54 million in the year-ago quarter. The average domestic rig count declined 3% year over year. The average oil price was $96.54 per barrel, up 49.1% year over year. The average natural gas price was $2.94 per thousand cubic feet (Mcf), down 8.1% from $4.81 per Mcf recorded in the corresponding period of 2025. Cost of revenues, excluding depreciation and amortization, increased 8.8% year over year to $345.72 million. The rise reflected expenses associated with higher activity levels. Selling, general and administrative expenses climbed to $51.52 million from $40.83 million a year ago, mainly due to higher activity-related variable costs and increased professional and advisory fees. Depreciation and amortization rose 1.5% year over year to $42.98 million. Adjusted EBITDA increased 8.4% to $65.97 million from $60.87 million in the year-ago quarter. However, the adjusted EBITDA margin contracted 20 basis points to 14.3% year over year. Adjusted net income rose to $17.80 million from $15.38 million, while the adjusted net income margin improved to 3.9% from 3.7%. RPC ended the quarter with $179.47 million in cash and cash equivalents. The company had no outstanding borrowings under its $100 million revolving credit facility. Operating cash flow totaled $74.61 million during the first six months of 2026. After capital expenditures of $70.84 million, free cash flow was $3.77 million. Growth in accounts receivable and the timing of customer collections weighed on working capital. Management now expects 2026 capital expenditures of $170-$190 million. The increase reflects targeted investments in areas offering attractive full-cycle returns, although some spending could shift into 2027 because of equipment lead times. The company remains cautious about near-term industry activity and does not plan to reactivate pressure-pumping fleets at current pricing levels. The board also maintained the quarterly dividend at 4 cents per share. RES currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the energy sector are Valero Energy VLO, HF Sinclair DINO and FuelCell Energy FCEL, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here. Valero Energy is a leading refining player with a robust network of 14 refineries and a combined high-complexity throughput capacity of 3 million barrels per day, which distinguishes it from other independent refiners. Valero’s refineries have a combined Nelson Complexity Index of 11.5, which implies that they can process a wide variety of feedstocks, convert them into higher-value products and shift product yields according to market conditions. HF Sinclairis an independent energy company producing and marketing gasoline, diesel, jet fuel, renewable diesel, lubricants, and specialty products. Incorporated in Delaware in 1947 and headquartered in Dallas, TX, it operates refineries in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and provides transportation, terminaling and storage services to its refineries and third parties. FuelCell Energy is a clean energy company that offers scalable, reliable, low-carbon power solutions. It produces power using flexible fuel sources such as biogas, natural gas and hydrogen. The company’s proprietary molten carbonate fuel cell systems generate electricity through an electrochemical process instead of burning fuel, reducing carbon emissions and minimizing the environmental impact of power generation. FCEL is anticipated to play a crucial role in the energy transition by enabling industries and communities to shift from traditional fossil fuels to low-carbon alternatives. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RPC, Inc. (RES) : Free Stock Analysis Report Valero Energy Corporation (VLO) : Free Stock Analysis Report FuelCell Energy, Inc. (FCEL) : Free Stock Analysis Report HF Sinclair Corporation (DINO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Delivered sequential revenue growth and margin expansion despite subdued industry activity, driven by improved job mix and technology adoption. ThruTubing Solutions saw 10% sequential growth, particularly in the Rocky Mountain region, as longer and more complex laterals increased demand for proprietary downhole tools. MetalMax power sections enabled entry into new markets by reducing nonproductive time and the number of trips required for operators. Cudd Pressure Control revenue rose 8% sequentially, led by a 14% increase in snubbing services following the deployment of a new big-bore unit for regulatory-driven gas storage inspections. Pressure pumping revenues remained relatively flat as slightly improved pricing was offset by lower pump hours and a shift in job mix that included less fuel and materials, which actually benefited profit margins. Management maintained pricing discipline in the wireline segment, choosing to lose crews to aggressive competitor pricing rather than sacrifice returns. Operational leverage and a sales tax refund contributed to a 250 basis point sequential increase in Adjusted EBITDA margin to 14.3%. Raised 2026 capital expenditure guidance to a range of $170 million to $190 million to fund targeted growth in differentiated service offerings. Accelerating coiled tubing strategy with plans to have three 2 7/8-inch-capable units by year-end to serve high-return markets. Management does not expect significant near-term changes in activity levels but anticipates potential E&P budget support in 2027 from easing gas takeaway constraints. No current plans to reactivate idle pressure pumping fleets at current pricing levels, prioritizing full-cycle returns over market share. CEO Ben Palmer will retire by the end of 2026, with a successor search expected to conclude before year-end to ensure leadership continuity. Geopolitical volatility and uncertainty regarding the duration of commodity price levels are causing E&P operators to remain cautious with investment decisions. Pintail wireline revenues declined 16% sequentially due to customer activity reductions and competitive pricing pressures. Amended and extended the $100 million revolving credit facility through June 2031, maintaining a low-leverage balance sheet with $180 million in cash. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management confirmed that upgraded units are currently focused on South Texas, the Mid-Continent, and the Permian basins. While units are mobile and deployment follows customer relationships, no major geographic shifts are expected in the near term. Management stated there are no plans for incremental horsepower increases, focusing instead on selective upgrades of existing equipment. The company is leaning into DGB-type (dual-fuel) technology and newer equipment to maintain discipline and generate appropriate returns.

ATLANTA, July 30, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC" or the "Company"), a leading diversified oilfield services company, announced its unaudited results for the second quarter ended June 30, 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 1Q:26. The Company thinks 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. Second Quarter 2026 Highlights Revenues increased 1% sequentially to $460.9 million Net income was $12.1 million, compared to Net income of $0.9 million in the prior quarter, and diluted Earnings Per Share (EPS) was $0.05; Net income margin increased 240 basis points sequentially to 2.6% Adjusted net income was $17.8 million, compared to $7.6 million in the prior quarter, and Adjusted diluted EPS was $0.08; Adjusted net income margin was 3.9%. See Appendices B and C for additional details Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was $66.0 million, compared to $53.5 million in the prior quarter; Adjusted EBITDA margin increased 250 basis points sequentially to 14.3%. See Appendix C for additional details The Board of Directors declared a regular quarterly cash dividend of $0.04 per share, payable on September 10, 2026, to common stockholders of record at the close of business on August 10, 2026 Management Commentary "During the quarter our Technical Services segment experienced modest revenue increases. Within Technical Services, Cudd Pressure Controls' Snubbing, Spinnaker's Cementing, and Thru-Tubing Solutions' Downhole Tools generated double-digit revenue increases, which were mostly offset by lower Pintail Wireline revenues. Our Support Services segment revenues were up 11% sequentially led by Patterson Rental Tools, which generated a 21% increase compared to the seasonally weak first quarter." "During the second quarter we saw reasons for optimism with some improved pricing and activity visibility. This allowed us an opportunity to support targeted growth through a modest increase in CapEx. Oil price volatility keeps us cautious, but our balance sheet affords us the ability to invest opportunistically." "As previously announced, after 30 years with RPC, I believe now is the right time to retire and transition to the Company's next generation of leadership. I am committed to working closely with the Board to ensure continuity and a smooth transition, leaving RPC well-positioned with strong brands, a solid balance sheet, and a disciplined focus on full cycle returns that drive long-term shareholder value. I am blessed to have spent the last three decades working with a wonderful and dedicated group of people," stated Ben M. Palmer, RPC's President and Chief Executive Officer. Selected Industry Data (Source: Baker Hughes, Inc., U.S. Energy Information Administration) 2Q:26 Consolidated Financial Results (sequential comparisons to previous quarter) Revenues were $460.9 million, up 1%. Within the Technical Services segment, revenues increased 1% sequentially, with increases in Snubbing, Cementing and Downhole Tools mostly offset by a decrease in Wireline revenues. Support Services segment revenues were up 11% primarily due to a 21% increase in Rental Tools. Cost of revenues, which excludes depreciation and amortization of $37.4 million, was $345.7 million, down from $355.6 million. Despite the increase in revenues, cost of revenues declined primarily due to improved job mix, specifically materials & supplies within Pressure Pumping. Selling, general and administrative expenses were $51.5 million, up from $48.2 million, primarily driven by higher professional and advisory fees. Acquisition related employment costs were approximately $7.3 million during 2Q:26, unchanged from 1Q:26, and represent non-cash accounting adjustments for costs related to the Pintail acquisition that are contingent upon continued employment. Depreciation and amortization was $43.0 million during 2Q:26, slightly up from the previous quarter. Interest income totaled $1.5 million, a decrease of 13% compared to the prior quarter. The decrease was due to a lower average cash balance which reflects a $20.0 million principal payment on the note payable related to the Pintail acquisition, made in early 2Q:26. Interest expense totaled $671 thousand, a decrease of 19% compared to the prior quarter, primarily due to the principal reduction of the note payable related to the Pintail acquisition. Income tax provision was $4.5 million, or 27.1% of income before income taxes. The effective tax rate was lower compared to previous quarter primarily due to the smaller impact of permanent adjustments on an increased pretax income. Net earnings and Diluted EPS totaled $12.1 million and $0.05 respectively, versus net income of $0.9 million and diluted earnings per share of $0.00, respectively, in 1Q:26. Net income margin increased 240 basis points sequentially to 2.6%. Adjusted net income and Adjusted diluted EPS were $17.8 million and $0.08, respectively, versus $7.6 million and $0.03, respectively, in 1Q:26. Adjusted net income margin increased to 3.9% compared to 1.7% in 1Q:26. See Appendix B for additional details. Adjusted EBITDA was $66.0 million, up 23.3% from $53.5 million in 1Q:26. Adjusted EBITDA margin increased 250 basis points sequentially to 14.3%. See Appendix C for additional details. Balance Sheet, Cash Flow and Capital Allocation Cash and cash equivalents decreased to $179.5 million at the end of the second quarter compared to the end of 2025, primarily due to the $20.0 million principal payment on the note payable related to the Pintail acquisition. In the second quarter of 2026 the Company amended its credit agreement to, among other things, extend the maturity date for revolving loans from June 22, 2027, to June 30, 2031. The Company had no outstanding borrowings under the Company's $100 million revolving credit facility during the quarter. Net cash provided by operating activities and Free cash flow were $74.6 million and $3.8 million, respectively, year-to-date through 2Q:26. Working capital was a significant use of cash during the quarter primarily due to higher accounts receivable resulting from increased customer activity and timing of collections. Payment of dividends totaled $17.7 million year-to-date. Additionally, the Board of Directors declared a regular quarterly cash dividend of $0.04 per share, payable on September 10, 2026, to common stockholders of record at the close of business on August 10, 2026. Share repurchases totaled $3.5 million year-to-date, all of which related to tax withholdings for restricted stock vesting. Segment Operations (sequential comparisons versus the previous quarter) Technical Services performs value-added completion, production and maintenance services directly to a customer's well. These services include Pressure Pumping, Downhole Tools, Wireline, Coiled Tubing, Cementing, and other offerings. Revenues were $438.1 million, up 1% Operating income was $27.6 million, up $11.6 million or 73% Operating income saw increases across most of our service lines Support Services provides equipment for customer use or services to assist customer operations, including Rental Tools, pipe inspection services and storage. Revenues were $22.8 million, up 11% Operating income was $2.3 million, up $1.9 million Results were driven by higher activity in Rental Tools and the fixed-cost nature of this service line Conference Call Information RPC, Inc. will hold a conference call today, July 30, 2026, at 9:00 a.m. ET to discuss the results for the quarter. Interested parties may listen in by accessing a live webcast in the investor relations section of RPC, Inc.'s website at www.rpc.net. The live conference call can also be accessed by calling (833) 461-5787, or +1 (585) 542-9983 for international callers, and using conference ID number 300-114-924. For those not able to attend the live conference call, a replay will be available in the investor relations section of RPC, Inc.'s website beginning approximately two hours after the call and for a period of 90 days. About RPC 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 at www.rpc.net. Forward-Looking Statements Certain statements and information included in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or performance and often can be identified by the use of words such as "may," "will," "should," "could," "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "potential," "continue," or similar expressions. In particular, forward-looking statements in this press release include, without limitation, the Company's statements regarding (i) "reasons for optimism" about its business, including improved pricing and activity visibility, (ii) the opportunity to "support targeted growth through a modest increase in CapEx," (iii) the Company's ability to "invest opportunistically" based on its balance sheet, and (iv) the Company being "well positioned" with strong brands, a strong balance sheet, and a disciplined focus on full cycle returns that drive long term shareholder value. These forward-looking statements are based on the Company's current expectations and assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company's control, that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among others, changes in the price of oil and natural gas and the overall performance of the U.S. and global economies; levels of capital spending by our customers and the resulting demand for our services; the impact of tariffs and other trade actions, which may increase our cost of materials and affect our profitability; business interruptions due to adverse weather conditions or other natural or man-made disasters; changes in the competitive environment of our industry; political instability and geopolitical events in petroleum-producing regions of the world, including actions by the United States or other governments, such as the recent actions by the United States in Iran and Venezuela, and any related sanctions or disruptions of key transportation routes such as the Strait of Hormuz; actions of OPEC and other oil producing nations; our customers' drilling and production activities; and our ability to identify, consummate and successfully integrate acquisitions and/or other strategic investments or transactions. Additional factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations are described under "Risk Factors," "Forward-Looking Statements" and elsewhere in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and in other reports and filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release, and readers are cautioned not to place undue reliance on such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements after the date of this press release, whether as a result of new information, future events or otherwise, except as required by applicable law. For information about RPC, Inc., please contact: Joshua Large,Vice President, Corporate Finance and Investor Relations(404) [email protected] Michael L. Schmit,Chief Financial Officer(404) [email protected] Depreciation and amortization 85,83677,970Acquisition related employment costs14,5836,554Working capital(42,605)(14,824)Other operating activities3,8631,065Net cash provided by operating activities74,60792,943INVESTING ACTIVITIESCapital expenditures(70,837)(75,323)Proceeds from sale of assets7,4219,496Purchase of business, net of cash and debt assumed—(165,656)Net cash used for investing activities(63,416)(231,483)FINANCING ACTIVITIESPayment of dividends(17,729)(17,478)Repayment of debt(20,000)(4,502)Cash paid for common stock purchased and retired(3,452)(2,868)Cash paid for finance lease(516)(474)Net cash used for financing activities(41,697)(25,322)Net decrease in cash and cash equivalents(30,506)(163,862)Cash and cash equivalents at beginning of period209,974325,975Cash and cash equivalents at end of period$179,468$162,113 Non-GAAP Measures RPC, Inc. has used the non-GAAP financial measures of Adjusted operating income, Adjusted net income, Adjusted net income margin, Adjusted earnings per share, Adjusted EBITDA, Adjusted EBITDA margin and free cash flow in today's earnings release. These measures should not be considered in isolation or as a substitute for performance or liquidity measures prepared in accordance with GAAP. Management believes that presenting these non-GAAP measures, other than free cash flow, enables investors to compare the operating performance of our core business consistently over various time periods, without regard to acquisition related employment costs and changes in our accounting for purchases of wireline cables, and in the case of Adjusted EBITDA and Adjusted EBITDA margin, without regard to changes in our capital structure. Management believes that free cash flow, which measures our ability to generate additional cash from our business operations, is an important financial measure for use in evaluating RPC's liquidity. Free cash flow should be considered in addition to, rather than as a substitute for, net cash provided by operating activities as a measure of our liquidity. Additionally, RPC's definition of free cash flow is limited, in that it does not represent residual cash flows available for discretionary expenditures, due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations or payments made for business acquisitions. Therefore, management believes it is important to view free cash flow as a measure that provides supplemental information to our Condensed Consolidated Statements of Cash Flows. A non-GAAP financial measure is a numerical measure of financial performance, financial position, or cash flows that either 1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of operations, balance sheet or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. Set forth in the appendices below are reconciliations of these non-GAAP measures with their most directly comparable GAAP measures. These reconciliations also appear on RPC, Inc.'s investor website, which can be found at www.rpc.net. 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Ranger Energy (RNGR) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.32 per share a year ago. A quarter ago, it was expected that this company would post earnings of $0.36 per share when it actually produced earnings of $0.12. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Ranger Energy, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $176.5 million for the quarter ended June 2026, beating the Zacks Consensus Estimate of $164.4 million. This compares to year-ago revenues of $140.6 million. The company beat consensus revenue estimates once in 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. Ranger Energy shares have added about 12.4% since the beginning of the year versus the S&P 500's gain of 8.3%. While Ranger Energy 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 Ranger Energy 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 here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.36 on $170 million in revenues for the coming quarter and $1.13 on $655 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the bottom 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. RPC (RES), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30. This oil and gas services company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. RPC's revenues are expected to be $464 million, up 10.3% from the year-ago quarter. (We are reissuing this article to correct a mistake. The original article, issued on July 27, 2026, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RPC, Inc. (RES) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

RPC (RES) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this oil and gas services company would post earnings of $0.01 per share when it actually produced earnings of $0.03, delivering a surprise of +200%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. RPC, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $460.87 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.68%. This compares to year-ago revenues of $420.81 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. RPC shares have lost about 5.9% since the beginning of the year versus the S&P 500's gain of 6.9%. While RPC has underperformed 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 here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.06 on $478 million in revenues for the coming quarter and $0.20 on $1.85 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Kinetik Holdings Inc. (KNTK), has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5. This company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of -42.4%. The consensus EPS estimate for the quarter has been revised 1.7% higher over the last 30 days to the current level. Kinetik Holdings Inc.'s revenues are expected to be $406.79 million, down 4.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RPC, Inc. (RES) : Free Stock Analysis Report Kinetik Holdings Inc. (KNTK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research