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RPC, Inc. reported second quarter 2026 financial results with revenues of $460.9 million, a 1% sequential increase

RESRpc Inc

RPC, Inc. reported second quarter 2026 financial results with revenues of $460.9 million, a 1% sequential increase. Net income rose to $12.1 million (diluted EPS $0.05) from $0.9 million in the prior quarter, while adjusted EBITDA increased 23.3% sequentially to $66.0 million. The Board declared a regular quarterly cash dividend of $0.04 per share, payable September 10, 2026, to shareholders of record on August 10, 2026. Additionally, the company amended its credit agreement to extend revolving loan maturity to June 30, 2031, and made a $20 million principal payment on acquisition-related debt. RPC operates in the oilfield services industry.

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