Exhibit 99.1 Page 1 First Quarter 2024 Earnings Release RPC, Inc. Reports First Quarter 2024 Financial Results And Declares Regular Quarterly Cash Dividend ATLANTA, April 25, 2024 - RPC, Inc. (NYSE: RES) ("RPC" or "the Company"), a leading diversified oilfield services company, announced its unaudited results for the first quarter ended March 31, 2024. * Non-GAAP and adjusted measures, including adjusted operating income, adjusted net income, adjusted earnings per share (diluted), EBITDA and adjusted EBITDA ...

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 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 Commission File No. 1-8726 RPC, INC. Delaware (State of Incorporation) 58-1550825 (I.R.S. Employer Identification No.) 2801 BUFORD HIGHWAY NE, SUITE 300 ATLANTA, GEORGIA 30329 (404) 321-2140 Securi ...

Financial Data and Key Metrics Changes - The company reported a revenue increase of 1% year-over-year, totaling $1.6 billion for 2023 [20] - Operating cash flow was $395 million, with capital expenditures of $181 million, resulting in free cash flow of $214 million [3][15] - Diluted EPS for the fourth quarter was $0.19, up from $0.08 in the third quarter, while adjusted EPS for the year was $0.97 [20][24] Business Line Data and Key Metrics Changes - Technical Services revenues increased by 22%, driven by growth in pressure pumping activity, which represented 94% of total fourth quarter revenues [22] - Pressure pumping accounted for 47.2% of revenues, while downhole tools and coiled tubing represented 23.3% and 9.4%, respectively [23] - Support Services segment revenues decreased by 14%, representing 6% of total revenues in the quarter [22] Market Data and Key Metrics Changes - The company experienced a significant increase in pressure pumping revenues, contributing to a 90% increase in total revenues for the fourth quarter [22] - The company noted a decline in oil prices during the fourth quarter, which impacted activity levels and customer budgets [16][26] Company Strategy and Development Direction - The acquisition of Spinnaker cementing business was highlighted as a strategic move to strengthen and diversify the company's operations [18][29] - The company plans to invest in a new Tier 4 DGB fleet to enhance its pressure pumping capabilities while maintaining a disciplined approach to capital expenditures [27][28] - The company is exploring additional strategic acquisitions to increase scale and broaden customer relationships [29] Management's Comments on Operating Environment and Future Outlook - Management indicated that while the fourth quarter showed a rebound from a soft third quarter, falling oil prices and customer budget exhaustion limited growth potential [26] - The company expects a flat to slightly positive outlook for the first quarter, with signs of stability and potential growth as the year progresses [74] Other Important Information - The company returned over $50 million to shareholders through share repurchases and dividends [3][5] - SG&A expenses decreased to $38.1 million due to discretionary cost controls and lower incentive compensation [24] Q&A Session Summary Question: Average horizontal frac fleets operated in the quarter and future expectations - Management confirmed all fleets were staffed and operational, with expectations to maintain staffing levels based on current activity [35][36] Question: Technical Services margin trajectory and incremental margins - Management indicated that while margins improved, future incremental margins would depend on revenue growth and job mix [37][42] Question: Types of services targeted for growth through acquisitions - Management expressed interest in expanding pressure pumping and downhole tools services, focusing on areas with strong market share [40][46] Question: Competitive landscape among smaller players in the market - Management noted that smaller players face challenges in upgrading equipment, which may lead to market consolidation benefiting larger firms [50][53] Question: Pricing dynamics between low emission and older assets - Management acknowledged increasing complexity in pricing, with larger integrated firms commanding higher prices due to their extensive service offerings [57][60] Question: Activity levels in specific basins (Haynesville, MidCon, Eagle Ford) - Management stated that while they have historically operated in these basins, they are currently focused on areas where they have a competitive advantage [68][70] Question: Impact of E&P consolidation on services - Management noted that while there was some impact in the past, recent consolidations have not negatively affected their services, and they expect potential benefits [72][78]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 Commission File No. 001-08726 RPC, INC. (Exact name of registrant as specified in its charter) Delaware 58-1550825 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 2801 Buford Highway, Suite 300, Atlanta, Georgia 30329 ( ...

RPC, Inc. (NYSE:RES) Q3 2023 Earnings Call Transcript October 25, 2023 9:00 AM ET Company Participants Mike Schmit - VP, CFO & Corporate Secretary Ben Palmer - President, Director & CEO Jim Landers - VP, Corporate Services Conference Call Participants John Daniel - Daniel Energy Partners Don Crist - Johnson Rice Alec Scheibelhoffer - Stifel Operator Good morning, and thank you for joining us for RPC, Inc.'s Third Quarter 2023 Financial Earnings Conference Call. Today's call will be hosted by Ben Palmer, Pre ...

Commission File No. 001-08726 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 RPC, INC. (Exact name of registrant as specified in its charter) Delaware 58-1550825 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 2801 Buford Highway, Suite 300, Atlanta, Georgia 30329 (Addre ...

RPC, Inc. (NYSE:RES) Q2 2023 Earnings Conference Call July 26, 2023 9:00 AM ET Company Participants Jim Landers - VP, Corporate Services Ben Palmer - President, Director & CEO Mike Schmit - VP, CFO & Corporate Secretary Conference Call Participants John Daniel - Daniel Energy Partners Stephen Gengaro – Stifel Don Crist - Johnson Rice Derek Podhaizer - Barclays Operator Good morning, and thank you for joining us for RPC Inc.'s Second Quarter 2023 Financial Earnings Conference Call. Today's call will be hoste ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 Commission File No. 1-8726 RPC, INC. (Exact name of registrant as specified in its charter) Delaware 58-1550825 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 2801 Buford Highway, Suite 300, Atlanta, Georgia 30329 (Address ...

RPC, Inc. (NYSE:RES) Q1 2023 Earnings Conference Call April 26, 2023 9:00 AM ET Company Participants Jim Landers - Vice President-Corporate Services Ben Palmer - President & Chief Executive Officer Mike Schmit - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Don Crist - Johnson Rice Derek Podhaizer - Barclays John Daniel - Daniel Energy Partners Operator Good morning and thank you for joining us for RPC Inc.’s First Quarter 2023 Financial Earnings Conference Call. Today’s call ...

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 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022 Commission File No. 1-8726 RPC, INC. Delaware (State of Incorporation) 58-1550825 (I.R.S. Employer Identification No.) 2801 BUFORD HIGHWAY NE, SUITE 300 ATLANTA, GEORGIA 30329 (404) 321-2140 Securi ...