RPC, Inc. (RES)

Over the past six months, RPC, Inc.'s stock price has been impacted by a challenging oilfield services market, competitive pressures, and specific company events. The stock price declined by 11.26% between January 2, 2025 and December 31, 2025. RPC, Inc. reported a 26% sequential increase in revenue to $421 million in Q2 2025, primarily driven by the Pintail acquisition. The acquisition of Pintail Completions was completed in April 2025 for $245 million. The company reported Q3 2025 revenues of $447.1 million, a 6% sequential increase, and net income of $13.0 million. The company has faced a bifurcated pressure pumping market and intensifying pricing pressure in the wireline market.

Demand for RPC, Inc.’s products and services is generally influenced by customer drilling-related activity levels and the cyclical nature of the oilfield services industry. Unfavorable weather conditions and the holiday season can negatively impact demand. RPC, Inc. is strategically focusing on less capital-intensive service lines and diversifying its revenue streams to combat industry cyclicality. The customer base of the acquired Pintail Completions is characterized by limited seasonality due to its focus on dedicated 24/7 services.

RPC, Inc. is a diversified oilfield services company providing specialized equipment and technical services to oil and gas companies, operating in the upstream segment. Headquartered in Atlanta, Georgia, its shares are traded on the NYSE under the ticker symbol RES. The company's services are divided into Technical Services (94% of Q2 2025 revenues), including pressure pumping and coiled tubing, and Support Services (6% of Q2 2025 revenues), such as rental tools and oilfield training. RPC, Inc. is investing in new technologies like natural gas frac pumps.

RPC, Inc. operates throughout the United States, serving major U.S. oil and gas basins, including the southwest, mid-continent, Gulf of Mexico, Rocky Mountain, and Appalachian regions. The company also engages in selected international markets.

RPC, Inc. has a strong reputation for delivering innovative and reliable solutions in the oil and gas industry. The company aims to be the preferred partner for oil and gas operators through technical expertise, safety commitment, and operational excellence.

RPC, Inc.'s ownership structure includes significant institutional investors and substantial insider and family holdings. The Rollins family, through entities like LOR, Inc. and RFA Management Company, LLC, holds a significant controlling stake. Total insider ownership stood at 59.34% as of July 29, 2025. Key institutional investors include BlackRock, Inc., Dimensional Fund Advisors LP, and The Vanguard Group, Inc.