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RPC, Inc. — Third Quarter 2026 Earnings Summary

RPC, Inc. reported a net loss of $41.9 million for the third quarter of 2026, driven by a $74.5 million non-cash impairment charge related to its Pintail wireline business. Despite the loss, total revenues increased 1% sequentially to $467.7 million, supported by double-digit growth in Coiled Tubing, Nitrogen, and Snubbing services. Adjusted net income rose to $22.8 million, and adjusted EBITDA reached $71.5 million, reflecting improved profitability across the company's diversified service portfolio. The Board of Directors declared a regular quarterly cash dividend of $0.04 per share, payable on December 10, 2026.

Company
RPC INC
Sector
Energy
Industry
Oil & Gas Equipment & Services