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RES Q1 earnings miss estimates on flat pressure pumping activity and declining performance across other service lines, offsetting a modest revenue beat.
RPC, Inc. (NYSE:RES ) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Ben Palmer - President and CEO Michael Schmit - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Don Crist - Johnson Rice John Daniel - Daniel Energy Partners Operator Good morning, and thank you for joining us for RPC, Inc.'s First Quarter 2025 Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Financial Officer.
RPC (RES) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.13 per share a year ago.
ATLANTA , April 24, 2025 /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, 2025. * Non-GAAP measures, including EBITDA, EBITDA margin and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release.
Here is a look at what to expect from energy stocks FTI, VLO, RES, and CNX ahead of their quarterly earnings reports, which are set to be released tomorrow.
ATLANTA , April 3, 2025 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the first quarter ended March 31, 2025 on Thursday, April 24, 2025 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, April 24, 2025 at 9:00 a.m.
RES strengthens its Permian Basin footprint with the $245M acquisition of Pintail Completions, adding a leading wireline service provider to its oilfield services portfolio.
ATLANTA , April 2, 2025 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC") announced the acquisition, effective April 1, 2025, of Pintail Alternative Energy, L.L.C. ("Pintail"), which does business under the name "Pintail Completions", for approximately $245 million, subject to customary post-closing adjustments.
RES Q4 earnings and revenues ride on improved pressure pumping activity, partially offset by higher selling, general and administrative costs.