RPC, Inc. (RES) SEC Filings & Earnings Calls

Oil price volatility could impact demand and pricing visibility.

“Oil price volatility keeps us cautious.” · word for word

CEO retirement introduces leadership transition risk.

“After 30 years with RPC, I believe now is the right time to retire and transition to the Company's next generation of leadership.” · word for word

Wireline revenue decline partially offset gains in other Technical Services segments.

“lower Pintail Wireline revenues” · word for word

Oilfield Services Oversupply

“Management believes the oilfield services completion market continues to be over-supplied and efficiency gains are contributing to excess capacity in the industry.” · word for word

Geopolitical Risk (Middle East)

“Recent geopolitical events in the Middle East have added new dynamics to the global market where infrastructure and physical supply have been restricted.” · word for word

Tariff Impact Uncertainty

“Additionally, tariffs can impact the absolute cost of materials, equipment and components, as well as contribute to supply chain disruptions and inflationary pressures on domestic suppliers.” · word for word

Leadership transition could impact strategic direction and operational continuity.

“Board initiates search for CEO to lead RPC’s next chapter” · word for word

Pressure Pumping Oversupply

“The pressure pumping market remains highly competitive. Management believes the industry continues to be over-supplied and efficiency gains are contributing to excess capacity in the industry.” · word for word

Oil Price Volatility

“RPC believes that oil prices currently remain at levels sufficient to continue drilling and completion activities, however the recent fluctuations of oil prices and potential further volatility could result in the Company's customers opting to delay completion activity.” · word for word

Acquisition Integration Risk

“Acquisition related employment costs of $7.3 million represent non-cash accounting adjustments related to the Pintail acquisition costs that are contingent upon continued employment of certain Pintail employees.” · word for word

Tariff Impact on Costs

“Though the ultimate impact is uncertain, the Company does not currently expect tariffs on goods imported into the U.S. to result in materially higher costs of equipment.” · word for word

Commodity price volatility limiting customer spending; weather disruptions in Q1

“Industry concerns about the duration of higher commodity prices and price volatility are currently limiting any significant reevaluation of spending plans; winter storms disrupted activity” · word for word

Intensifying competition pressuring margins

“intensifying competition across the businesses putting pressure on margins” · word for word

Dependence on oil and gas industry and commodity price volatility

“The Company operates in a cyclical business where financial performance is influenced by, among other things, changes in oil and natural gas prices.” · word for word

Industry Oversupply and Pricing Pressure

“Management believes the industry continues to be over-supplied and efficiency gains are consistently adding pump hour capacity to the industry. These challenges, as well as a declining rig count, have impacted activity, asset utilization, and pricing.” · word for word

Concentration of Ownership

“RPC’s executive officers, directors and their affiliates hold directly or through indirect beneficial ownership, in the aggregate, approximately 61% of RPC’s outstanding shares of common stock as of February 13, 2026.” · word for word

Regulatory Risk from Hydraulic Fracturing

“Compliance with federal and state regulations relating to pressure pumping services, including hydraulic fracturing, could increase our operating costs, cause operational delays, and could reduce or eliminate the demand for our pressure pumping services.” · word for word

Crude oil price volatility and geopolitical developments create macro uncertainty.

“crude oil prices showing increased volatility due to recent geopolitical developments” · word for word

Change in accounting for wireline cables negatively impacted comparability.

“Adjusted EBITDA was negatively impacted by approximately $4.6 million in wireline cable expenses incurred during the quarter. Previously, wireline cables were capitalized.” · word for word

Low oil prices below $60/barrel expected to pressure Q4 results.

“Oil prices recently dipping below $60 a barrel and expected holiday slow downs and customer budget exhaustion.” · word for word

High effective tax rate due to non-deductible acquisition costs.

“Effective tax rate was 42.6% due to non-deductible portion of Acquisition related employment costs.”

Oversupply and pricing pressure in pressure pumping

“Management believes the industry continues to be over-supplied and efficiency gains are contributing to excess capacity in the industry. These challenges, as well as a declining rig count, have impacted activity levels, asset utilization, and pricing.” · word for word

Tariff-driven cost inflation

“Though the ultimate impact is uncertain, the Company does currently expect tariffs on goods imported into the U.S. to result in materially higher costs of equipment.” · word for word

Customer concentration and reliance on capital spending

“The Company’s revenues and profits are generated by providing equipment and services to customers who operate oil and gas properties and invest capital to drill new wells and enhance production or perform maintenance on existing wells.” · word for word

Acquisition integration and debt service

“Interest expense increased to $949 thousand for the three months ended September 30, 2025, compared to $261 thousand for the three months ended September 30, 2024 primarily due to interest on the Seller Note issued in conjunction with the Pintail acquisition.” · word for word