Core Viewpoint - RPC's recent earnings report showed a mixed performance, with adjusted earnings missing estimates while revenues exceeded expectations, raising questions about future performance trends [2][3]. Financial Performance - RPC reported fourth-quarter 2025 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate of 7 cents, and down from 6 cents in the previous year [2]. - Total quarterly revenues were $426 million, an increase from $335 million year-over-year, and slightly above the Zacks Consensus Estimate of $425 million [2]. - The company's total operating loss for the quarter was $4 million, compared to a profit of $10.5 million in the year-ago quarter [5]. Cost and Expenses - The cost of revenues increased to $336.6 million from $250.2 million in the prior-year period, while selling, general, and administrative expenses rose to $47.7 million from $41.2 million [7]. - The decline in earnings was attributed to higher costs and reduced customer activity, particularly in December [3]. Segment Performance - Operating profit in the Technical Services segment was $8.5 million, down from $10.6 million year-over-year, impacted by changes in accounting treatment and weakness in international markets [4]. - The Support Services segment reported an operating profit of $1.7 million, lower than the previous year's $2.6 million, primarily due to decreased rental tool activity [5]. Market Conditions - The average domestic rig count was 548, reflecting a 6.5% year-over-year decline [5]. - Average oil prices were $59.79 per barrel, down 15.3% year-over-year, while natural gas prices increased by 51.9% to $3.69 per thousand cubic feet [6]. Outlook and Estimates - Estimates for RPC have trended downward, with a significant revision of -83.33% noted [9]. - The company currently holds a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [12]. Industry Comparison - RPC operates within the Zacks Oil and Gas - Field Services industry, where competitor Baker Hughes reported revenues of $7.39 billion, a year-over-year increase of 0.3% [13]. - Baker Hughes has a Zacks Rank 3 (Hold) and is expected to post earnings of $0.53 per share for the current quarter, reflecting a year-over-year change of +3.9% [14].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2025 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 FOR THE TRANSITION PERIOD FROM ______ TO_______ Commission File No. 1-8726 RPC, INC. (Exact name of registrant as specified in its charter) Delaware (State of Incorporation) 58-1550825 (I.R.S. Empl ...

Ridgepost Capital, Inc. (RPC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syst ...

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving RPC, Inc. and its officers or directors, following disappointing financial results that led to a significant drop in the company's stock price [1][3]. Financial Performance - On February 3, 2026, RPC reported its fourth quarter and full year 2025 financial results, revealing non-GAAP earnings per share of $0.04, which fell short of consensus estimates [3]. - The Support Services segment experienced an 18% sequential revenue decline, primarily due to a 22% drop in rental tools from Patterson Services during the quarter, attributed to several jobs being postponed to early 2026 [3]. - Following the financial report, RPC's stock price decreased by $1.15 per share, or 17.37%, closing at $5.47 per share on February 3, 2026 [3].

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving RPC, Inc. following disappointing financial results for Q4 and full year 2025, which led to a significant drop in the company's stock price [1]. Financial Performance - RPC reported non-GAAP earnings per share of $0.04 for Q4 2025, which was below consensus estimates [1]. - The Support Services segment experienced an 18% sequential revenue decline, primarily due to a 22% drop in rental tools from Patterson Services during the quarter [1]. - Following the financial report, RPC's stock price decreased by $1.15 per share, or 17.37%, closing at $5.47 per share on February 3, 2026 [1]. Legal Investigation - Pomerantz LLP is reaching out to RPC investors to investigate claims related to potential securities fraud and other unlawful practices by the company and its officers or directors [1]. - The firm has a long history in corporate and securities class litigation, having recovered significant damages for victims of securities fraud and corporate misconduct [1].

分组1 - P10, Inc. (RPC) reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.25 per share, but down from $0.30 per share a year ago, representing an earnings surprise of +5.39% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and reported revenues of $81.05 million for the quarter ended December 2025, which is 1.35% above the Zacks Consensus Estimate, but down from $85.01 million year-over-year [2] - The stock has gained approximately 7.9% since the beginning of the year, outperforming the S&P 500's gain of 1.4% [3] 分组2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for RIDGEPOST CAPTL was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $80.99 million, and for the current fiscal year, it is $1.09 on revenues of $350.47 million [7] 分组3 - The outlook for the industry can significantly impact stock performance, with the Financial - Miscellaneous Services sector currently ranking in the top 30% of over 250 Zacks industries, suggesting that top-ranked industries outperform lower-ranked ones by more than 2 to 1 [8] - Another company in the same industry, Core Scientific, Inc. (CORZ), is expected to report a quarterly loss of $0.27 per share, reflecting a year-over-year change of -2600%, with revenues projected at $90.4 million, down 4.8% from the previous year [9]

Core Insights - RPC Inc. reported fourth-quarter 2025 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate of 7 cents, and declined from 6 cents in the year-ago quarter. Total revenues were $426 million, up from $335 million year-over-year, and exceeded the Zacks Consensus Estimate of $425 million [1][9]. Financial Performance - The weak quarterly earnings were primarily due to higher costs of revenues from a change in accounting treatment for wireline cable and reduced customer activity, particularly in December. However, contributions from the Pintail Completions acquisition partially offset these negatives [2]. - The Technical Services segment reported an operating profit of $8.5 million, down from $10.6 million in the previous year, impacted by the accounting change and weakness in downhole tools in international markets and the Rocky Mountain region [3]. - The Support Services segment's operating profit was $1.7 million, lower than $2.6 million in the prior year, mainly due to decreased rental tool activity in December driven by lower customer engagement. The company experienced a total operating loss of $4 million compared to a profit of $10.5 million in the year-ago quarter [4]. Market Conditions - The average oil price was $59.79 per barrel, down 15.3% year-over-year, while the average price of natural gas was $3.69 per thousand cubic feet, which is 51.9% higher than the corresponding period of 2024 [5]. Costs & Expenses - In the fourth quarter, the cost of revenues (excluding depreciation and amortization) rose to $336.6 million from $250.2 million in the prior-year period. Selling, general, and administrative expenses increased to $47.7 million from $41.2 million year-over-year [6]. Capital Expenditure and Financial Position - RPC's total capital expenditure for the year was $148.4 million. As of December 31, 2025, the company had cash and cash equivalents of $210 million and maintained a debt-free balance sheet [7].

Core Viewpoint - RPC, Inc. reported its fourth quarter financial results for 2025, missing earnings expectations but exceeding revenue forecasts, indicating strong sales performance in a competitive oilfield services market [1]. Financial Performance - The earnings per share (EPS) for RPC was $0.04, below the Zacks Consensus Estimate of $0.07, representing a -42.86% earnings surprise and a decrease from $0.06 in the same quarter the previous year [2]. - Revenue for the quarter ending December 2025 was $425.8 million, surpassing the Zacks Consensus Estimate of $419.3 million by 0.18%, and showing a significant increase from $335.36 million reported in the same period the previous year [3]. Market Position - RPC has a price-to-earnings (P/E) ratio of approximately 25.03, a price-to-sales ratio of about 0.79, and an enterprise value to sales ratio of around 0.73, reflecting its market valuation relative to earnings and sales [4]. - The company maintains a low debt-to-equity ratio of roughly 0.07, indicating minimal debt compared to equity, and a current ratio of approximately 2.78, suggesting a strong ability to cover short-term liabilities with short-term assets [5].

Financial Data and Key Metrics Changes - Revenues decreased by 5% to $426 million compared to Q3 2025 [9] - Adjusted diluted EPS was $0.04 in the fourth quarter, with adjustments totaling $0.06 related to wireline cables and acquisition-related costs [11] - Adjusted EBITDA was $55.1 million, down from $67.8 million, with an adjusted EBITDA margin decreasing by 230 basis points to 12.9% [12] Business Line Data and Key Metrics Changes - Technical services, representing 95% of total revenues, decreased by 4% [9] - Pressure pumping accounted for 27.6% of revenues, while wireline and downhole tools represented 24.1% and 22.4%, respectively [9] - Cudd Pressure Control revenues increased by 1% sequentially, driven by well control activity and a 13% increase in snubbing [6] Market Data and Key Metrics Changes - The Western MidCon region was flat sequentially, while weakness was noted in the International and Rocky Mountain regions [4] - Growth was observed in the Southeast and Northeast regions [3] - The company expects 2026 to trend closely with large Permian operator activity [7] Company Strategy and Development Direction - The company aims to leverage its strong balance sheet and maximize long-term shareholder returns while focusing on less capital-intensive service lines [8] - There is a strategic emphasis on organic growth, investment in new technologies, and M&A within existing markets [14] - The company is exploring diversification into gas storage and other energy sectors [44] Management's Comments on Operating Environment and Future Outlook - Management noted that 2025 was challenging, with year-end oil prices at their lowest since COVID, but recent improvements in oil and gas prices are encouraging [14] - The management team is focused on costs, returns, and maintaining financial flexibility to capitalize on future opportunities [14] - The impact of recent winter storms on operations was acknowledged, with expectations for activity to improve as conditions stabilize [8] Other Important Information - The decision to expense wireline cables instead of capitalizing them was made due to changes in work type and increased activity [10][51] - Capital expenditures for 2025 were $148 million, with expectations for 2026 capital expenditures in the range of $150 million to $180 million [13][70] Q&A Session Summary Question: Impact of weather on Q1 performance - Management acknowledged the uncertainty due to weather impacts but noted geographical diversification [20][21] Question: Competitors moving equipment overseas - Management indicated some competitors are reorganizing, which may reduce competition in certain service lines [23][24] Question: Potential for stock buybacks - Management stated that buybacks are one option being evaluated, but no immediate changes are expected [25] Question: Reactivation of idled fleet - Management emphasized the need for better pricing and steady activity before reactivating the fleet [38][39] Question: M&A strategy and market conditions - Management agreed that the market for traditional oilfield services companies is less competitive, allowing for a patient approach to M&A [40][42] Question: Updated wireline accounting treatment - Management explained the change was due to evolving business needs and aimed to reflect more accurate usage of wireline cables [51][53] Question: Growth potential in Thru Tubing Solutions - Management noted a reduced international presence but sees potential for growth in the Middle East [56][58] Question: Current state of the pressure pumping market - Management reported no dramatic changes yet but is focused on maintaining discipline in pricing and operations [61][62] Question: CapEx outlook for 2026 - Management indicated that CapEx could be adjusted based on market conditions and opportunities [70][72]

Financial Data and Key Metrics Changes - Revenues decreased by 5% to $426 million compared to Q3 2025 [9] - Adjusted diluted EPS was $0.04 in the fourth quarter, with adjustments totaling $0.06 related to wireline cables and acquisition-related costs [11] - Adjusted EBITDA was $55.1 million, down from $67.8 million, with an adjusted EBITDA margin decreasing by 230 basis points to 12.9% [12] Business Line Data and Key Metrics Changes - Technical services, representing 95% of total revenues, decreased by 4% [9] - Pressure pumping revenues accounted for 27.6%, wireline for 24.1%, downhole tools for 22.4%, coiled tubing for 9.7%, cementing for 5.9%, and rental tools for 3.4% [9] - Cudd Pressure Control revenues increased by 1% sequentially, with snubbing up 13% [6] Market Data and Key Metrics Changes - The Western MidCon region was flat sequentially, while weakness was noted in the International and Rocky Mountain regions [4] - Growth was observed in the Southeast and Northeast regions [3] Company Strategy and Development Direction - The company aims to leverage its strong balance sheet and maximize long-term shareholder returns while focusing on less capital-intensive service lines [8] - There is a strategic focus on organic growth, investment in new technologies, and M&A within existing markets [14] Management's Comments on Operating Environment and Future Outlook - The management noted that 2025 was challenging, with year-end oil prices at their lowest since COVID, but recent improvements in oil and gas prices are encouraging [14] - The company is cautious about the impact of weather on early 2026 operations, particularly in the Permian and MidCon regions [21] Other Important Information - The decision to expense wireline cables instead of capitalizing them was made due to changes in work type and increased activity [10][51] - Capital expenditures for 2026 are expected to be in the range of $150 million to $180 million, with adjustments based on activity levels [13] Q&A Session Summary Question: Impact of weather on Q1 performance - Management acknowledged the uncertainty due to weather impacts but noted that the situation is not insignificant [21] Question: Competitors moving equipment overseas - Management indicated that some competitors are reorganizing, which may reduce competition in certain service lines [24] Question: Potential for stock buybacks - Management stated that buybacks are one of the options being evaluated, but no immediate changes are expected [25] Question: Reactivation of idled fleet - Management emphasized the need for better pricing and steady customer activity before reactivating the fleet [39] Question: M&A strategy and market conditions - Management agreed that there is less competition for traditional oilfield services companies and emphasized a patient approach to M&A [42] Question: Updated wireline accounting treatment - Management explained the change was due to evolving business needs and a more accurate reflection of cable usage [51] Question: Growth potential in Thru Tubing Solutions - Management noted a reduced international presence but expressed hope for growth in the Middle East through technology deployment [57] Question: Current state of the pressure pumping market - Management reported no dramatic changes yet but is focused on maintaining discipline in pricing and operations [61]