Company Overview - RPC, Inc. reported trailing twelve-month (TTM) revenue of $1.43 billion and net income of $53.74 million, with a dividend yield of 3.38% as of October 6, 2025 [4][8] - The company's stock price was $4.79, reflecting a 32.9% decline over the past year, underperforming the S&P 500 by 46.1 percentage points [3][4] Investment Activity - Carolina Wealth Advisors, LLC disclosed the purchase of 1,261,478 shares of RPC, Inc. in Q3 2025 for an estimated $5.95 million, increasing its total holdings to 1,277,544 shares valued at approximately $6.08 million as of September 30, 2025 [1][2] - This acquisition represented 2.6% of Carolina's reportable U.S. equity assets under management (AUM) as of the same date [3] Financial Performance - RPC's revenue increased by 26% in the second quarter compared to the first quarter, primarily due to the acquisition of Pintail Completions; however, excluding Pintail's contribution, revenue decreased by 3% [8] - The decline in oil prices by 10% and natural gas prices by 22.7% during the same period likely impacted RPC's adjusted revenues [8] Service Offerings - RPC provides specialized oilfield services and equipment, including pressure pumping, fracturing, cementing, coiled tubing, wireline, and rental tools for drilling and well completion [5][6] - The company generates revenue mainly through service contracts and equipment rentals for oil and gas exploration, production, and maintenance activities [5][6]