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Stock impact report

Rpc outlines $150M–$180M 2026 capital spending range as it expands technology and maintains financial flexibility [Seeking Alpha]

RPC, Inc. (RES) 
Last rpc, inc. earnings: 1/29 06:45 am Check Earnings Report
US:NYSE Investor Relations: rpc.net/web/profile.html
Company Research Source: Seeking Alpha
Ben Palmer, CEO, reported a sequential revenue decline across most service lines in Q4, with service lines outside of pressure pumping making up 70% of total revenues and seeing a 4% sequential decrease. He highlighted "revenues increase Quick Insights Near-term profitability faces headwinds from revenue declines in Q4 and early Q1, impacted by lower activity, weather-related lost days, and cost increases, with management indicating some costs are not fully recoverable. RPC expects 2026 CapEx of $150–$180 million, emphasizing flexibility and selectivity, with management ready to adjust spending based on market conditions and activity levels. RPC is emphasizing growth in less capital-intensive service lines, cautious on capacity reactivation, considering M&A and buybacks only if returns are adequate, and expanding technology offerings such as Thru Tubing Solutions. Recommended For You More Trending News Show less Read more
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