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Earnings ·

RPC reports $41.9M net loss on $74.5M impairment and declares $0.04 quarterly dividend

RESRpc Inc

RPC reported a third-quarter net loss of $41.9 million, or $0.20 per share, driven by $74.5 million in non-cash impairment charges related to its Pintail wireline business. Revenues increased 1% sequentially to $467.7 million. Adjusted net income rose to $22.8 million and adjusted EBITDA grew to $71.5 million. The board declared a regular quarterly cash dividend of $0.04 per share, payable December 10, 2026, to shareholders of record on November 10, 2026. RPC is a diversified oilfield services company providing specialized equipment and services for exploration and production.

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