RPC Q4 EPS misses analyst expectations due to holiday slowdowns, higher wireline costs

RPC

03/02/2026 11:52

Overview

Oilfield services firm's Q4 revenue slightly missed analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company experienced revenue decline due to holiday slowdowns and increased wireline expenses

Outlook

RPC expects crude oil price volatility due to geopolitical developments

RPC aims to deliver full cycle returns by maintaining cost discipline

Result Drivers

HOLIDAY SLOWDOWNS - Revenue decline attributed to holiday slowdowns affecting customer activity, as stated by CEO Ben M. Palmer

WIRELINE CABLE EXPENSES - Transition to expensing wireline cables negatively impacted adjusted EBITDA by $4.6 million

SEGMENT DECLINES - Technical Services and Support Services segments saw revenue declines due to reduced activity and job shifts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$425.78 mln
$426.46 mln (3 Analysts)
Q4 Adjusted EPS
Miss
$0.04
$0.06 (4 Analysts)
Q4 Adjusted Net Income
Miss
$9.40 mln
$13.06 mln (3 Analysts)
Q4 Net Income
-$3.06 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release: ID:nPn9SRVwXa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)