The earnings call reflects a balanced outlook. While the acquisition of Pentel Completions and strong financial metrics are significant positives, the market's uncertainty and flat revenue growth present challenges.
Company Guidance
During RPC, Inc.'s first quarter of 2025 earnings call, guidance highlighted several key metrics. Revenues decreased by 1% sequentially, amounting to $333 million, with technical services contributing 94% and support services 6% of total revenues. Pressure pumping, which comprised 40.1% of revenues, remained flat, whereas downhole tools accounted for 28.2%, and rental tools experienced a notable 7% increase. EBITDA grew to $49.489 million, with a margin increase of 100 basis points to 14.7%. The company completed the acquisition of Pentel Completions for $245 million, which is expected to be accretive, projecting approximately $400 million in annual revenue with EBITDA margins around 20%. Capital expenditure for 2025 is estimated at $165 to $215 million, primarily for maintenance.
Pentel Completions Acquisition
RPC, Inc. acquired Pentel Completions for $245 million, adding over $400 million in revenue and significant scale in wireline services. The acquisition aligns with strategic imperatives to improve margins, increase operational scale, and strengthen customer mix.
EBITDA Growth
First-quarter EBITDA was $49.489 million, up from $46.1 million in the previous quarter, with an EBITDA margin increase of 100 basis points to 14.7%.
Strong Balance Sheet and Cash Position
RPC ended the quarter with $327 million in cash and no debt, maintaining a strong financial position to weather uncertainties and explore further opportunities.
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RPC (RES) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RES Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 24, 2025
$4.93
$4.97
+0.81%
Jan 30, 2025
$6.38
$6.13
-3.92%
Oct 24, 2024
$6.21
$5.92
-4.67%
Jul 25, 2024
$5.66
$6.80
+20.14%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does RPC Inc (RES) report earnings?
RPC Inc (RES) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is RPC Inc (RES) earnings time?
RPC Inc (RES) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.