AI brief of an SEC Form 8-K · RPC (RES)

RPC Q1 Revenue Down 1% to $332.9 Million; EPS $0.06; Pintail Deal Closed

Negative Impact 4 of 5 earnings Written later

RPC reported first-quarter 2025 revenue of $332.9 million, down 1% from the prior quarter, and net income of $12.0 million, or $0.06 per diluted share, down 6% in net income from the prior quarter. The company also closed its $245 million acquisition of Pintail Completions on April 1, 2025, and declared a regular quarterly dividend of $0.04 per share, which shareholders should weigh against the softer quarterly earnings and the cash used for the deal.

Key points

  • Revenue was $332.9 million, down 1% sequentially and down from $377.8 million in the first quarter of 2024.
  • Net income was $12.0 million and diluted EPS was $0.06, versus $0.13 in the first quarter of 2024.
  • EBITDA was $48.9 million, up 6% sequentially, with an EBITDA margin of 14.7%.
  • Pintail Completions closed April 1, 2025 for $245 million, including a $170 million cash payment; the Board declared a $0.04 dividend payable June 10, 2025 to holders of record on May 9, 2025.

The filing

CompanyRPC (RES)
Form8-K, current report
Filed with the SECApr 24, 2025, 6:45 AM ET
Accession number0001558370-25-005328

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.