RPC INC

RPC, Inc. (NYSE: RPC) is a Delaware corporation headquartered in Atlanta, Georgia, and operates as a holding company providing specialized oilfield services and equipment primarily to independent and major oil and gas companies throughout the United States. The company maintains a website at www.rpc.net.

RPC operates through two primary business segments: Technical Services and Support Services. Technical Services, representing 94.4 percent of 2025 revenues, encompasses pressure pumping, downhole tools, wireline, coiled tubing, cementing, snubbing, nitrogen, and well control services. These services utilize personnel and equipment to perform value-added completion, production, and maintenance services directly at customer wellsites. Support Services, comprising 5.6 percent of revenues, includes rental tools, drill pipe and related equipment, pipe handling and inspection services, and well control training. Within Technical Services, pressure pumping generated 29.8 percent of total revenues, downhole tools 24.2 percent, wireline 19.4 percent, coiled tubing 9.3 percent, and cementing 6.4 percent.

The company serves customers across Texas, the mid-continent, southwest, Gulf of America, Rocky Mountain, and Appalachian regions. As of December 31, 2025, RPC employed 2,893 people. The company operates through subsidiary service companies including Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions, Pintail Completions, and Patterson Services. In April 2025, RPC acquired Pintail Completions, a leading wireline perforating services provider in the Permian basin, which contributed to the significant increase in wireline revenues during the year.

RPC's customer base consists of major and independent oil and natural gas producers ranging from small independent exploration and production companies to large integrated energy companies. One private E&P customer accounted for approximately 15 percent of 2025 revenues. The company's business is cyclical and highly dependent on oil and natural gas prices, drilling activity levels, and customer capital expenditure decisions. RPC competes with numerous large integrated oilfield service providers and smaller regional competitors, competing primarily on price, equipment quality and availability, service quality, safety reputation, and technical proficiency. The company maintains a disciplined capital allocation strategy focused on maintaining financial strength during industry downturns while investing selectively in technology upgrades and strategic acquisitions to enhance scale and service diversification.