RPC Q2 revenue up 10% YoY to $1.1 bln, acquires Pintail Completions.

• RPC announces Q2 2025 results • Acquired Pintail Completions on April 1, 2025 • Leading wireline perforation service provider to blue chip customers • Non-GAAP and adjusted measures in appendices of earnings release • EBITDA, adjusted EBITDA margin, and free cash flow also reported • Sequential comparisons to 1Q:25, year-over-year comparisons available

RPC Inc. (NYSE: RES) reported its second-quarter 2025 financial results on July 24, 2025, before the market open. The company's revenues increased by 26% sequentially to $420.8 million, primarily driven by the acquisition of Pintail Completions on April 1, 2025. However, excluding Pintail's $98.9 million contribution, adjusted revenues decreased by 3%. Net income was $10.1 million (down 16% sequentially) with EPS of $0.05, while adjusted net income reached $17.5 million (up 46%) with adjusted EPS of $0.08. The company's adjusted EBITDA increased by 34% to $65.6 million, with margins improving by 90 basis points to 15.6%. RPC declared a regular quarterly dividend of $0.04 per share, payable September 10, 2025 [1].

The company faced challenges in its pressure pumping segment due to weather issues and customer delays, while operating in a difficult market environment with lower commodity prices and macro uncertainties. Despite these challenges, the acquisition of Pintail Completions appears to have had a positive impact on RPC's financial performance, as evidenced by the increase in adjusted revenues and net income.

RPC's earnings results were in line with analyst expectations, with the company beating EPS estimates 38% of the time and revenue estimates 25% of the time over the last two years. However, over the last three months, EPS estimates have seen more downward revisions than upward, while revenue estimates have seen more upward revisions than downward [2].

RPC's Q2 2025 earnings results highlight the company's ability to navigate a challenging market environment and the potential benefits of strategic acquisitions. The company's focus on leading wireline perforation services for blue-chip customers, along with its strong dividend policy, continues to position it as a reliable player in the industry.

References:
[1] https://www.stocktitan.net/news/RES/rpc-inc-reports-second-quarter-2025-financial-results-and-declares-oe6vd917sh8u.html
[2] https://seekingalpha.com/news/4470722-rpc-q2-2025-earnings-preview