RPC - An Oil & Gas Services Company Investor Relations
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My RPC
Highlights:
  • RPC is a holding company for several oilfield service operating units with a history of conservative capital management and prudent investments.

  • RPC currently operates a number of products and services offered throughout the life cycle of a well. However, a selected group of these service lines has benefited tremendously from the growth in directional and horizontal drilling and completion in the U.S> land market.

  • RPC continues to seek out growth opportunities which will yield a high return on invested capital over time.

  • Non-GAAP Financial Measure

    RPC uses the non-GAAP financial measure of earnings before interest, taxes, depreciation and amortization (EBITDA). EBITDA should not be considered in isolation or as a substitute for operating income, net income or other performance measures prepared in accordance with GAAP. RPC uses EBITDA as a measure of operating performance because it allows us to compare performance consistently over various periods without regard to changes in our capital structure. We are also required to use EBITDA to report compliance with financial covenants under our revolving credit facility. 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 below is a reconciliation of EBITDA with Net Income, the most comparable GAAP measure.

    Reconciliation of Net Income to EBITDA

    Net Income

    Add:
    Income tax provision
    Interest expense
    Depreciation and amortization

    Less:
    Interest income

    EBITDA


    Summary

    RPC INCORPORATED is an international oil and gas services company with various high-margin service lines well positioned to take advantage of high levels of exploration and production activities. In addition, RPC provides on-going maintenance and emergency services. The company's capital position also allows it to pursue attractive growth opportunities.

    Business Services

    RPC Incorporated provides both technical services and support services to the oil and gas industry. Technical Services utilizes people and equipment to perform value-added maintenance, production and completion services directly to a customer's well. Support Services primarily provides equipment for customer use or services to assist customer operations.

    News:
    Apr 24, 2013
    RPC, Inc. to Present at Burkenroad Reports 17th Annual Investment Conference
    Apr 24, 2013
    RPC, Inc. Reports First Quarter 2013 Financial Results
    Apr 24, 2013
    RPC, Inc. Announces Regular Quarterly Cash Dividend
    Apr 08, 2013
    RPC, Inc. Announces Date for First Quarter 2013 Financial Results and Conference Call
    Feb 19, 2013
    RPC, Inc. to Present at EnerCom's The Oil & Services Conference™ 11
    Jan 23, 2013
    RPC, Inc. Reports Fourth Quarter and Year-End 2012 Financial Results
    Jan 23, 2013
    RPC, Inc. Announces a 25 Percent Increase to the Regular Quarterly Cash Dividend
    Jan 08, 2013
    RPC, Inc. Announces Date for Fourth Quarter and Year-End 2012 Financial Results and Conference Call
    Nov 09, 2012
    RPC, Inc. Announces Special Year-End Cash Dividend
    Oct 24, 2012
    RPC, Inc. Reports Third Quarter 2012 Financial Results

    RPC, Inc. Q1 2013 Earnings Conference Call
    RPC, Inc. to Present at Burkenroad Reports 17th Annual Investment Conference
    2012 Annual Report
    2011 Annual Report
    2010 RPC Annual Report
     
    As of May 17, 2013 6:15 PM ET
    NYSE   RES   $13.29     0.18  1.37%
    Open: 13.15  Prev Close: 13.11
    Day High: 13.38  Day Low: 13.13
    Year High: 17.40    Year Low: 9.92
    Volume: 482,054
    Market Cap: $2,917,155,000
    Outstanding: 219,500,000
    Outstanding as of: Feb 17, 2012
    Quote delayed 20 minutes
     

     
    1d  |  1m  |  3m  |  6m  |  1y


    My RPC
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    Investor Relations:
    James C. Landers
    V.P. Corporate Finance
    JLanders@rpc.net
    Phone:  (404) 321-2162
    Sharon A. Lennon
    Investor Relations and Corporate Communications Manager
    SLennon@rpc.net
    Phone:  (404) 321-2172

    Address:
    RPC, Inc.
    2801 Buford Highway
    Suite 520
    Atlanta, GA 30329
    United States Of America
    Employees: 3,400
    Disclaimer:
    Certain statements and information included within this Web site contain and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include our statements regarding our belief that sources of supply for various of our raw materials are adequate; our belief that the long-term prospects for our business are favorable due to the continued demand for oil and natural gas; our belief that the long-term demand outlook for natural gas is still favorable in spite of near-term price weakness; our belief that oil-directed drilling will continue to represent the majority of the total drilling rig count in the immediate future; our expectation to continue to focus on the development of international business opportunities in current and other international markets; our ability to obtain other customers in the event of a loss of our largest customers; the adequacy of our insurance coverage; the impact of lawsuits, legal proceedings and claims on our business and financial condition; our expectation to continue to pay cash dividends to the common stockholders subject to the earnings and financial condition of the Company and other relevant factors; our intention to increase our presence in areas in which drilling activity is directed towards oil; our belief that continued increases in U.S. domestic rig count during 2012 are unlikely; our belief that the trend of an increased percentage of oil-directed drilling and a decreased percentage of gas-directed drilling will continue in the near term; our belief that an increase in the supply in oilfield equipment in our markets can cause a decrease in the price we receive for our services if commodity prices and drilling activity do not also increase and that this effect may be more pronounced in the current environment; our expectation that our consolidated revenues and financial performance will improve in 2012 compared to 2011; our ability to maintain sufficient liquidity and a conservative capital structure; our belief about the amount of the contribution to the defined benefit pension plan in 2012; our ability to fund capital requirements in the future; the estimated amount of our capital expenditures and contractual obligations for future periods; estimates made with respect to our critical accounting policies; and the effect of new accounting standards. Additional discussion of factors that could cause the actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in RPC's Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2011.

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