--- title: "06:45 ETRPC, Inc. Reports First Quarter 2026 Financial Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/285532674.md" description: "RPC, Inc. (NYSE: RES) reported its first quarter 2026 financial results, showing a 7% sequential revenue increase to $454.8 million. The company achieved a net income of $0.9 million, a turnaround from a net loss of $3.1 million in the previous quarter. Adjusted net income was $7.6 million, with an adjusted EPS of $0.03. Despite weather disruptions and geopolitical events affecting oil prices, management noted optimism in bidding activity and operator spending. The average U.S. rig count remained stable at 548, while oil prices rose to $70.54 per barrel, an 18% increase from the previous quarter." datetime: "2026-05-07T10:47:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285532674.md) - [en](https://longbridge.com/en/news/285532674.md) - [zh-HK](https://longbridge.com/zh-HK/news/285532674.md) --- # 06:45 ETRPC, Inc. Reports First Quarter 2026 Financial Results , /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, 2026. **_Non-GAAP and adjusted measures_** _may include, adjusted operating income, adjusted net income, adjusted net income margin, adjusted earnings per share (diluted), EBITDA and adjusted EBITDA, adjusted EBITDA margin, and free cash flow which are reconciled to the most directly comparable GAAP measures in the appendices of this earnings release._ **_Sequential comparisons_** _are to 4Q:25. The Company believes quarterly sequential comparisons are most useful in assessing industry trends and RPC's recent financial results. Both sequential and year-over-year comparisons are available in the tables at the end of this earnings release._ **First Quarter 2026 Highlights** - Revenues increased 7% sequentially to $454.8 million - Net income was $0.9 million, compared to net loss of $3.1 million in the prior quarter, and diluted Earnings Per Share (EPS) was $0.00; Net income margin increased 90 basis points sequentially to 0.2% - Adjusted net income was $7.6 million, compared to $9.4 million in the prior quarter, and adjusted diluted EPS was $0.03; Adjusted net income margin was 1.7%. See Appendices B and C for additional details - Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was $53.5 million, compared to $55.1 million in the prior quarter; Adjusted EBITDA margin decreased 110 basis points sequentially to 11.8%. See Appendix C for additional details **Management Commentary** "During the first quarter we experienced modest revenue increases despite weather impacts to start the year. Our Technical Services segment revenues increased 7% sequentially. Within Technical Services, Cudd Energy Services' pressure pumping saw the largest percentage increase at 20% followed by Cudd Pressure Control's nitrogen service line which increased 13%. Thru Tubing Solutions' downhole tools increased 11% driven by higher activity supported by new technologies. Our Support Services segment revenues were flat sequentially, as the first quarter typically sees the biggest weather impact," stated Ben M. Palmer, RPC's President and Chief Executive Officer. "The year started off with winter storms disrupting activity across multiple basins which was followed by significant geopolitical events that meaningfully increased oil prices. We are seeing signs of optimism including increased bidding activity, as well as a number of operators electing to maintain activity, rather than following through with previously announced reduction plans. However, industry concerns about the duration of higher commodity prices and price volatility are currently limiting any significant reevaluation of spending plans. As we look ahead, we will be measured in our approach focusing on returns on capital and strategically investing where prudent." **Selected Industry Data** _(Source: Baker Hughes, Inc., U.S. Energy Information Administration)_ **1Q:26** 4Q:25 Change % Change 1Q:25 Change % Change **Average U.S. rig count** **548** 548 — — % 588 (40) (6.8) % **Average Oil price ($/barrel)** $ **70.54** $ 59.79 $ 10.75 18.0 % $ 71.93 $ (1.39) (1.9) % **Average Natural gas ($/Mcf)** $ **4.81** $ 3.69 $ 1.12 30.4 % $ 4.14 $ 0.67 16.2 % **1Q:26 Consolidated Financial Results (sequential comparisons to previous quarter)** **_Revenues_** were $454.8 million, up 7%. Within the Technical Services segment, we saw revenues increase 7% sequentially with pumping, nitrogen, and downhole tools seeing double digit percentage increases. Within the Support Services segment revenues were essentially flat. **_Cost of revenues_**, which excludes depreciation and amortization of $37.1 million, was $355.6 million, up from $336.6 million. Cost of revenues was most impacted by costs that typically vary with activity and job mix, specifically materials & supplies and fuel sourced for customers. **_Selling, general and administrative expenses_** were $48.2 million, slightly up from $47.7 million. **_Acquisition related employment costs_** were approximately $7.3 million during 1Q:26 and 4Q:25, and represent non-cash accounting adjustments related to the Pintail acquisition costs that are contingent upon continued employment. **Depreciation and amortization** was $42.9 million during 1Q:26, and 4Q:25 was $39.1 million. The fourth quarter reflected a $2.8 million reduction in depreciation and amortization due to the change in wireline cable accounting. See Appendix C for additional details. **_Interest income_** totaled $1.8 million, approximating the prior quarter. **_Interest expense_** totaled $830 thousand, approximating the prior quarter. **_Income tax provision_** was $3.5 million, primarily due to the disproportionate impact of permanent non-deductible items, mainly acquisition related employment costs, on a relatively low pretax income. **_Net earnings and Earnings per share_** totaled $0.9 million and $0.00 respectively, versus net loss of $3.1 million and diluted loss per share of $0.02, respectively, in 4Q:25. Net income margin increased 90 basis points sequentially to 0.2%. **_Adjusted net income and Adjusted diluted EPS_** were $7.6 million and $0.03, respectively, versus $9.4 million and $0.04, respectively, in 4Q:25. Adjusted net income margin decreased to 1.7% from 2.2% in 4Q:25. **_Adjusted EBITDA_** was $53.5 million, down from $55.1 million. Adjusted EBITDA margin decreased 110 basis points sequentially to 11.8%. See Appendix C for additional details. **Balance Sheet, Cash Flow and Capital Allocation** **_Cash and cash equivalents_** decreased slightly to $200.7 million at the end of the first quarter compared to the end of 2025, with no outstanding borrowings under the Company's $100 million revolving credit facility. **_Net cash provided by operating activities and Free cash flow_** were $31.2 million and ($0.9) million, respectively, year-to-date through 1Q:26. Working capital was a significant use of cash during the quarter primarily due to higher accounts receivable resulting from revenue increases. **_Payment of dividends_** totaled $8.9 million year-to-date. As previously announced, the Board of Directors declared a regular quarterly cash dividend of $0.04 per share, payable on June 10, 2026, to common stockholders of record at the close of business on May 11, 2026. **_Share repurchases_** totaled $3.5 million year-to-date, all of which related to tax withholding for restricted stock vesting. **Segment Operations (sequential comparisons versus the previous quarter)** **Technical Services** performs value-added completion, production and maintenance services directly to a customer's well. These services include pressure pumping, downhole tools, wireline, coiled tubing, cementing, and other offerings. - Revenues were $434.3 million, up 7% - Operating income was $16.0 million, up $7.5 million or 89%. Recall the fourth quarter was impacted by the transition to expensing wireline cables - Operating income saw broad based increases across most of our service lines **Support Services** provides equipment for customer use or services to assist customer operations, including rental tools, pipe inspection services and storage. - Revenues were $20.5 million, essentially flat - Operating income was $0.4 million, down $1.3 million or 76% - Rental Tools typically sees the most seasonality during the first quarter **Three Months Ended** **March** **31,** December 31, March 31, (In thousands) **2026** 2025 2025 (Unaudited) (Unaudited) (Unaudited) **Revenues:** Technical Services **$** **434,282** $ 405,244 $ 311,844 Support Services **20,473** 20,533 21,033 **Total revenues** **$** **454,755** $ 425,777 $ 332,877 **Operating income (loss):** Technical Services **$** **15,978** $ 8,457 (1) $ 14,003 Support Services **401** 1,688 2,661 Corporate expenses **(8,270)** (7,748) (5,804) Acquisition related employment costs **(7,292)** (7,291) — Gain on disposition of assets, net **1,803** 904 1,526 **Total operating income (loss)** **$** **2,620** $ (3,990) $ 12,386 **Interest expense** **(830)** (942) (131) **Interest income** **1,770** 1,654 3,395 **Other income, net** **749** 3,426 885 **Income before income taxes** **$** **4,309** $ 148 $ 16,535 (1) Beginning in the fourth quarter of 2025, wireline cables, previously capitalized and depreciated over 18 months, began being expensed due to a change in their estimated useful lives. Wireline cable adjustments in 2025 totaled approximately $13.8 million: $4.7 million in second quarter, $4.5 million in the third quarter, and $4.6 million in the fourth quarter. Wireline cable purchase expenses are partially offset by a decrease in depreciation of $1.9 million in the second quarter, $2.5 million in the third quarter and $1.0 million in the fourth quarter. The net 2025 operating income impact was additional expense of $8.3 million comprised of $2.8 million in the second quarter, $2.0 million in the third quarter and $3.5 million in the fourth quarter. **Conference Call Information** RPC, Inc. will hold a conference call today, May 7, 2026, at 9:00 a.m. ET to discuss the results for the quarter. Interested parties may listen in by accessing a live webcast in the investor relations section of RPC, Inc.'s website at www.rpc.net. The live conference call can also be accessed by calling (800) 715-9871, or +1 (646) 307-1963 for international callers, and using conference ID number 5388095. For those not able to attend the live conference call, a replay will be available in the investor relations section of RPC, Inc.'s website beginning approximately two hours after the call and for a period of 90 days. **About RPC** RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of America, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC's investor website can be found at www.rpc.net. **Forward Looking Statements** Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements that look forward in time or express management's beliefs, expectations or hopes. In particular, such statements include, without limitation: that the Company is seeing signs of optimism, including increased bidding activity, as well as a number of operators electing to maintain activity, rather than previously announced reduction plans; that industry concerns about the duration of higher commodity prices and price volatility are currently limiting any significant reevaluation of spending plans; and the Company's expectation for future periods that it will follow a measured approach focusing on returns on capital and strategically investing in a prudent manner. Risk factors that could cause such future events not to occur as expected include the following: the price of oil and natural gas and overall performance of the U.S. economy, both of which can impact capital spending by our customers and demand for our services; the impact of tariffs, which may increase our cost of materials and impact our profitability, business interruptions due to adverse weather conditions; changes in the competitive environment of our industry, including the potential impact of the recent U.S. actions in Iran and Venezuela, including without limitation the impacts of the blockade of the Strait of Hormuz; political instability in the petroleum-producing regions of the world; the actions of the OPEC oil cartel; our customers' drilling and production activities; and our ability to identify, complete and successfully integrate acquisitions and/or other strategic investments or transactions. Additional factors that could cause the actual results to differ materially from management's projections, forecasts, estimates, and expectations are contained in RPC's Form 10-K for the year ended December 31, 2025. For information about RPC, Inc., please contact: Joshua Large, Vice President, Corporate Finance and Investor Relations (404) 321-2152 \[email protected\] Michael L. Schmit, Chief Financial Officer (404) 321-2140 \[email protected\] **RPC INCORPORATED AND SUBSIDIARIES** **CONSOLIDATED STATEMENTS OF OPERATIONS** _(In thousands except per share data)_ **Three Months Ended** **March** **31,** December 31, March 31, **2026** 2025 2025 (Unaudited) (Unaudited) (Unaudited) **REVENUES** **$** **454,755** $ 425,777 $ 332,877 **COSTS AND EXPENSES:** Cost of revenues (exclusive of depreciation and amortization shown separately below) **355,585** 336,568 243,895 Selling, general and administrative expenses **48,207** 47,687 42,499 Acquisition related employment costs **7,292** 7,291 — Depreciation and amortization **42,854** 39,125 35,623 Gain on disposition of assets, net **(1,803)** (904) (1,526) Operating income (loss) **2,620** (3,990) 12,386 Interest expense **(830)** (942) (131) Interest income **1,770** 1,654 3,395 Other income, net **749** 3,426 885 Income before income taxes **4,309** 148 16,535 Income tax provision **3,454** 3,209 4,505 **NET INCOME (LOSS)** **$** **855** $ (3,061) $ 12,030 **EARNINGS (LOSS) PER SHARE** Basic **$** **0.00** $ (0.02) (1) $ 0.06 Diluted **$** **0.00** $ (0.02) $ 0.06 **WEIGHTED AVERAGE SHARES OUTSTANDING** Basic **221,331** 212,247 (2) 215,691 Diluted **221,331** 212,247 215,691 (1) For the three months ended December 31, 2025, loss per share reflects a reduction of $0.01, due to the adjustment for earnings attributable to participating securities under the two-class method. Participating securities are share-based payment awards with non-forfeitable rights to dividends. (2) Average shares outstanding were reduced by 8,327 shares of participating securities for the three months ended December 31, 2025, under the two-class method and because the inclusion of such securities would be anti-dilutive. **RPC INCORPORATED AND SUBSIDIARIES** **CONSOLIDATED BALANCE SHEETS** _(In_ _thousands)_ **March** **31,** December 31, **2026** 2025 (Unaudited) **ASSETS** Cash and cash equivalents **$** **200,730** $ 209,974 Accounts receivable, net **374,693** 327,668 Inventories **120,375** 119,004 Income taxes receivable **1,701** 6,302 Prepaid expenses **14,164** 18,307 Other current assets **23,109** 23,215 Total current assets **734,772** 704,470 Property, plant and equipment, net **521,206** 531,556 Operating lease right-of-use assets **22,209** 24,094 Finance lease right-of-use assets **1,908** 1,934 Goodwill **81,249** 83,422 Other intangibles, net **96,742** 97,499 Other assets **22,872** 25,410 **Total assets** **$** **1,480,958** $ 1,468,385 **LIABILITIES AND STOCKHOLDERS' EQUITY** **LIABILITIES** Accounts payable **$** **160,765** $ 119,757 Accrued payroll and related expenses **26,955** 38,636 Accrued insurance expenses **8,438** 7,194 Accrued state, local and other taxes **5,101** 3,543 Income taxes payable **881** 787 Unearned revenue **—** 13,233 Current portion of operating lease liabilities **6,408** 7,606 Current portion of finance lease liabilities **1,018** 977 Current portion of notes payable **20,000** 20,000 Accrued expenses and other liabilities **5,397** 5,419 Total current liabilities **234,963** 217,152 Accrued insurance expenses **16,134** 15,570 Notes payable **30,000** 30,000 Operating lease liabilities **16,314** 17,762 Finance lease liabilities **970** 1,041 Other long-term liabilities **10,937** 10,814 Deferred income taxes **75,338** 76,875 **Total liabilities** **384,656** 369,214 **STOCKHOLDERS' EQUITY** Common stock **22,164** 22,057 Capital in excess of par value **—** — Retained earnings **1,076,801** 1,079,664 Accumulated other comprehensive loss **(2,663)** (2,550) **Total stockholders' equity** **1,096,302** 1,099,171 **Total liabilities and stockholders' equity** **$** **1,480,958** $ 1,468,385 **RPC INCORPORATED AND SUBSIDIARIES** **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** _(In_ _thousands)_ **Three months ended March 31,** **2026** 2025 (Unaudited) **OPERATING ACTIVITIES** **Net income** **$** **855** $ 12,030 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization **42,854** 35,623 Acquisition related employment costs **7,292** — Working capital **(21,697)** (6,920) Other operating activities **1,869** (868) **Net cash provided by operating activities** **31,173** 39,865 **INVESTING ACTIVITIES** Capital expenditures **(32,105)** (32,270) Proceeds from sale of assets **4,265** 4,827 **Net cash used for investing activities** **(27,840)** (27,443) **FINANCING ACTIVITIES** Payment of dividends **(8,865)** (8,653) Cash paid for common stock purchased and retired **(3,452)** (2,868) Cash paid for finance lease and finance obligations **(260)** (152) **Net cash used for financing activities** **(12,577)** (11,673) Net (decrease) increase in cash and cash equivalents **(9,244)** 749 Cash and cash equivalents at beginning of period **209,974** 325,975 **Cash and cash equivalents at end of period** **$** **200,730** $ 326,724 **Non-GAAP Measures** RPC, Inc. has used the non-GAAP financial measures of adjusted operating income, adjusted net income, adjusted net income margin, adjusted earnings per share, adjusted EBITDA, adjusted EBITDA margin and free cash flow in today's earnings release. These measures should not be considered in isolation or as a substitute for performance or liquidity measures prepared in accordance with GAAP. Management believes that presenting these non-GAAP measures, other than free cash flow, enables investors to compare the operating performance of our core business consistently over various time periods, without regard to acquisition related employment costs and changes in our accounting for purchases of wireline cables, and in the case of Adjusted EBITDA and Adjusted EBITDA margin, without regard to changes in our capital structure. Management believes that free cash flow, which measures our ability to generate additional cash from our business operations, is an important financial measure for use in evaluating RPC's liquidity. Free cash flow should be considered in addition to, rather than as a substitute for, net cash provided by operating activities as a measure of our liquidity. Additionally, RPC's definition of free cash flow is limited, in that it does not represent residual cash flows available for discretionary expenditures, due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations or payments made for business acquisitions. Therefore, management believes it is important to view free cash flow as a measure that provides supplemental information to our Condensed Consolidated Statements of Cash Flows. A non-GAAP financial measure is a numerical measure of financial performance, financial position, or cash flows that either 1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of operations, balance sheet or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. Set forth in the appendices below are reconciliations of these non-GAAP measures with their most directly comparable GAAP measures. These reconciliations also appear on RPC, Inc.'s investor website, which can be found at www.rpc.net. **Appendix A** (Unaudited) **Three Months Ended** **March** **31,** December 31, March 31, _(In thousands)_ **2026** 2025 2025 **Reconciliation of Operating Income (Loss) to Adjusted Operating Income** Operating income (loss) **$** **2,620** $ (3,990) $ 12,386 Wireline cable expenses **—** 4,818 (1) — Acquisition related employment costs **7,292** 7,291 — Adjusted operating income **$** **9,912** $ 8,119 $ 12,386 (1) Beginning in the fourth quarter of 2025, wireline cables, previously capitalized and depreciated over 18 months, began being expensed due to a change in their estimated useful lives. Wireline cable adjustments in 2025 totaled approximately $13.8 million: $4.7 million in second quarter, $4.5 million in the third quarter, and $4.6 million in the fourth quarter. Wireline cable purchase expenses are partially offset by a decrease in depreciation of $1.9 million in the second quarter, $2.5 million in the third quarter and $1.0 million in the fourth quarter. The net 2025 operating income impact was additional expense of $8.3 million comprised of $2.8 million in the second quarter, $2.0 million in the third quarter and $3.5 million in the fourth quarter. **Appendix B** (Unaudited) **Three Months Ended** **March** **31,** December 31, March 31, _(In thousands)_ **2026** 2025 2025 **Reconciliation of Net Income (Loss) to Adjusted Net Income** Net income (loss) **$** **855** $ (3,061) $ 12,030 Adjustments: Wireline cable expenses, before taxes **—** 4,818 (1) — Tax effect of wireline cable expenses **—** (1,132) — Acquisition related employment costs, before taxes **7,292** 7,291 — Tax effect of Acquisition related employment costs **(572)** (2,504) — Taxes on company owned life insurance liquidation **—** 3,962 — Total adjustments, net of tax **6,720** 12,435 — Adjusted net income **$** **7,575** $ 9,373 $ 12,030 (1) Beginning in the fourth quarter of 2025, wireline cables, previously capitalized and depreciated over 18 months, are now being expensed due to a change in their estimated useful lives. Wireline cable adjustments in 2025 totaled approximately $13.8 million: $4.7 million in second quarter, $4.5 million in the third quarter, and $4.6 million in the fourth quarter. Wireline cable purchase expenses are partially offset by a decrease in depreciation of $1.9 million in the second quarter, $2.5 million in the third quarter and $1.0 million in the fourth quarter. The net 2025 operating income impact was additional expense of $8.3 million comprised of $2.8 million in the second quarter, $2.0 million in the third quarter and $3.5 million in the fourth quarter. (Unaudited) **Three Months Ended** **March** **31,** December 31, March 31, **2026** 2025 2025 **Reconciliation of Diluted Earnings (Loss) Per Share to Adjusted Diluted Earnings Per Share** Diluted earnings (loss) per share **$** **0.00** $ (0.02) $ 0.06 Adjustments: Wireline cable expenses, before taxes — 0.02 (1) — Tax effect of wireline cable expenses — — — Acquisition related employment costs, before taxes **0.03** 0.03 — Tax effect of Acquisition related employment costs **(0.00)** (0.01) — Taxes on company owned life insurance liquidation **—** 0.02 — Total adjustments, net of tax **0.03** 0.06 — Adjusted diluted earnings per share **$** **0.03** $ 0.04 $ 0.06 Weighted average shares outstanding _(in thousands)_ **221,331** 220,574 215,691 (1) Beginning in the fourth quarter of 2025, wireline cables, previously capitalized and depreciated over 18 months, began being expensed due to a change in their estimated useful lives. Wireline cable adjustments in 2025 totaled approximately $13.8 million: $4.7 million in second quarter, $4.5 million in the third quarter, and $4.6 million in the fourth quarter. Wireline cable purchase expenses are partially offset by a decrease in depreciation of $1.9 million in the second quarter, $2.5 million in the third quarter and $1.0 million in the fourth quarter. The net 2025 operating income impact was additional expense of $8.3 million comprised of $2.8 million in the second quarter, $2.0 million in the third quarter and $3.5 million in the fourth quarter. **Appendix C** (Unaudited) **Three Months Ended** **March** **31,** December 31, March 31, _(In thousands)_ **2026** 2025 2025 **Reconciliation of Net Income (loss) to EBITDA and Adjusted EBITDA, and Net Income Margin to Adjusted Net Income Margin and Adjusted EBITDA Margin** Net income (loss) **$** **855** $ (3,061) $ 12,030 Adjustments: Add: Income tax provision **3,454** 3,209 4,505 Add: Interest expense **830** 942 131 Add: Depreciation and amortization **42,854** 39,125 35,623 Less: Interest income **1,770** 1,654 3,395 EBITDA **$** **46,223** $ 38,561 $ 48,894 Add: Wireline cable expenses **—** 9,251 (2) — Add: Acquisition related employment costs **7,292** 7,291 — Adjusted EBITDA **$** **53,515** $ 55,103 $ 48,894 Revenues **$** **454,755** $ 425,777 $ 332,877 Net income (loss) margin(1) **0.2 %** (0.7) % 3.6 % Adjusted net income margin(1) **1.7 %** 2.2 % (2) 3.6 % Adjusted EBITDA margin(1) **11.8 %** 12.9 % (2) 14.7 % (1) Net income margin is calculated as Net income divided by Revenues. Adjusted net income margin is calculated as Adjusted net income divided by Revenues. Adjusted EBITDA margin is calculated as Adjusted EBITDA divided by Revenues. (2) Beginning in the fourth quarter of 2025, wireline cables, previously capitalized and depreciated over 18 months, began being expensed due to a change in their estimated useful lives. Wireline cable adjustments in 2025 totaled approximately $13.8 million: $4.7 million in second quarter, $4.5 million in the third quarter, and $4.6 million in the fourth quarter. Wireline cable purchase expenses are partially offset by a decrease in depreciation of $1.9 million in the second quarter, $2.5 million in the third quarter and $1.0 million in the fourth quarter. The net 2025 operating income impact was additional expense of $8.3 million comprised of $2.8 million in the second quarter, $2.0 million in the third quarter and $3.5 million in the fourth quarter. **Appendix D** _(Unaudited)_ **Three months ended March 31,** _(In thousands)_ **2026** 2025 **Reconciliation of Operating Cash Flow to Free Cash Flow** Net cash provided by operating activities **$** **31,173** $ 39,865 Capital expenditures **(32,105)** (32,270) Free cash flow **$** **(932)** $ 7,595 SOURCE RPC, Inc. ### Related Stocks - [RES.US](https://longbridge.com/en/quote/RES.US.md) - [BKR.US](https://longbridge.com/en/quote/BKR.US.md) ## Related News & Research - [RPC Q1 revenue beats estimates, helped by technical services growth](https://longbridge.com/en/news/285534401.md) - [This may have spooked investors a little bit, expert says](https://longbridge.com/en/news/289649368.md) - [Cotton Falling Lower at Midday, with Oil a Pressure Factor](https://longbridge.com/en/news/289219465.md) - [ANALYSIS-Investors spy a tipping point for bonds after geopolitics shreds old playbooks](https://longbridge.com/en/news/289133307.md) - [15:41 ETPropAccount.com Launches PropGenie, the First Branding Studio Built for Prop Firm Operators](https://longbridge.com/en/news/289095639.md)