RES Q4 earnings and revenues ride on improved pressure pumping activity, partially offset by higher selling, general and administrative costs.
RPC, Inc. (NYSE:RES ) Q4 2024 Earnings Conference Call January 30, 2024 9:00 AM ET Company Participants Michael Schmit - VP, CFO, Treasurer and Corporate Secretary Ben Palmer - Director, President and CEO Conference Call Participants Don Crist - Johnson Rice Stephen Gengaro - Stifel Operator Good morning and thank you for joining us for RPC, Inc.'s Fourth Quarter and Year End 2024 Conference Call. Today's call will be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Financial Officer.
RPC (RES) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.19 per share a year ago.
ATLANTA , Jan. 30, 2025 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC" or the "Company"), a leading diversified oilfield services company, announced its unaudited results for the fourth quarter and full year ended December 31, 2024. * Non-GAAP and adjusted measures, including adjusted operating income, adjusted net income, adjusted earnings per share (diluted), EBITDA and adjusted EBITDA, adjusted EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release.
ATLANTA,, Jan. 7, 2025 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, January 30, 2025 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, January 30, 2025 at 9:00 a.m.
RPC's net operating profit after tax, NOPAT, at $149 million, is greater than the reported income of $114 million for the trailing 12 months. RPC's return on invested capital, ROIC, has grown from 2.4% to nearly 12%. RPC has generated $346.6 million in FCF since 2020, while paying out $77.6 million in dividends and buying back nearly $42 million of its own stock.
RPC, Inc. (NYSE:RES ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Michael Schmit - VP, CFO, Treasurer & Corporate Secretary Ben Palmer - Director, President & CEO Conference Call Participants Donald Crist - Johnson Rice John Daniel - Daniel Energy Partners Stephen Gengaro - Stifel Operator Good morning, and thank you for joining us for RPC, Inc.'s Third Quarter 2024 Conference Call. Today's call will be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Financial Officer.
RPC (RES) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.08 per share a year ago.
ATLANTA , Oct. 24, 2024 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC" or the "Company"), a leading diversified oilfield services company, announced its unaudited results for the third quarter ended September 30, 2024. * Non-GAAP and adjusted measures, including adjusted operating income, adjusted net income, adjusted earnings per share (diluted), EBITDA and adjusted EBITDA, adjusted EBITDA margin, and free cash flow are reconciled to the most comparable GAAP measures in the appendices of this earnings release.
RPC, Inc. operates oilfield services and equipment companies in the US and internationally, focusing on value creation and growing profitability. The company's technical and support services cater to oil and gas companies, with pressure pumping and downhole tools being major revenue drivers. RPC has increased profitability, capital efficiency, and free cash flow generation, with its current operations valued significantly lower than its market capitalization, providing a margin of safety for investors.