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RPC Q1 2023 Earnings Report

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$5.92 -0.19 (-3.03%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

RPC EPS Results

Actual EPS
$0.39
Consensus EPS
$0.41
Beat/Miss
Missed by -$0.02
One Year Ago EPS
$0.07

RPC Revenue Results

Actual Revenue
$476.70 million
Expected Revenue
$488.57 million
Beat/Miss
Missed by -$11.87 million
YoY Revenue Growth
+67.50%

RPC Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

RPC Earnings Headlines

RPC Announces Retirement of Key Board Members
Stifel Nicolaus Remains a Hold on RPC (RES)
The Real Hillbilly Elegy
The mountains of Appalachia are incredible to behold. Spanning thousands of miles across Alabama, Kentucky, Tennessee and beyond… It's one of our country’s most scenic areas. But hidden beneath the beauty is an ugly reality: our most beautiful land is also the poorest. It’s a tragedy because for over 200 years, generation after generation has worked “coal country” with nothing but a pick and shovel, hauling billions of dollars from the ground.
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About RPC

RPC (NYSE:RES), through its subsidiaries, engages provision of a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services segment offers pressure pumping, fracturing, acidizing, cementing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells. The Support Services segment provides a range of rental tools for onshore and offshore oil and gas well drilling, completion, and workover activities. This segment also offers oilfield pipe inspection, and pipe management and storage services, as well as well control training and consulting services. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Latin America, the Middle East, and internationally. The company was incorporated in 1984 and is headquartered in Atlanta, Georgia.

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