RPC, Inc.

RPC stock fell nearly 12% after announcing that CEO Ben Palmer, who has led the company since 2022 and worked there since 1996, is retiring before year-end. The board has initiated a search for his replacement, with Palmer serving in an advisory role during the transition. Despite Palmer's achievements in expanding higher-margin services and the ...

RPC reported Q3 2025 revenues of $447.1 million, up 6% sequentially, with strong performance in downhole tools, coiled tubing, and wireline services. The company is strategically de-emphasizing capital-intensive pressure pumping to focus on higher-return service lines. Management expects continued near-term challenges from oil price volatility an...

RPC, Inc. (NYSE:RES) announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share, payable March 10, 2026 to shareholders of record as of February 10, 2026. The company provides specialized oilfield services and equipment to oil and gas exploration and production companies across the United States and select...

Canadian North Resources expanded bio-leaching tests for metal extraction at the Ferguson Lake Project, achieving high recovery rates for nickel and cobalt. The company is working with local governments and indigenous communities to obtain permits for environmental baseline studies and potential mine development.

RPC reported Q2 2025 revenue of $420.8 million, slightly above expectations, driven by the Pintail Completions acquisition. However, earnings per share missed estimates, and the company faced challenges in pressure pumping services and industry-wide competitive pressures.