RPC News

RPC News

If you would like to receive our news via email, Click Here.

Printer friendly

Add to Briefcase

RPC, Inc. to Present at Burkenroad Reports 16th Annual Investment Conference

ATLANTA, April 19, 2012 - RPC Incorporated (NYSE: RES) announced today that it will present at the Burkenroad Reports 16^th Annual Investment Conference in New Orleans, Louisiana on April 27, 2012 at 8:30 a.m. ET.

The presentation will provide a corporate overview, highlight the services RPC provides and discuss the most recently published financial results. Management's remarks will be available in real time at http://wsw.com/webcast/tulane11/res/ and will be archived on RPC’s investor Web site, www.rpc.net for a period of 90 days following the presentation.

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 Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC’s investor Web site can be found at www.rpc.net.

For more information about RPC, Inc. or this event, please contact:

Jim Landers

Vice President, Corporate Finance

404.321.2162

jlanders@rpc.net

Sharon A. Lennon

Manager, Investor Relations

404.321.2172

slennon@rpc.net

Apr 19, 2012

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.