RPC, Inc. (RES)

NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-10-23

$6.25+3.82%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge RPC, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	452.18M
EPS	—	0.06
Annual ending 2026-12-31
Revenue	—	1.84B
EPS	—	0.274
Annual ending 2027-12-31
Revenue	—	1.85B
EPS	—	0.274

Management figures unavailable.

What the Thesis Depends On

5 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Smooth CEO leadership transition	A supporting condition in RPC, Inc.'s published investment case. The stated target is Orderly CEO succession by end 2026.	Improving	Disruptive CEO transition harms operations or strategy	Qualitative: Orderly succession in progress Ben M. Palmer retiring as CEO; recent filings show routine compensation adjustments and no management structure changes. Context reviewed through Oct 23, 2026Last status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Newly stated in 2026-Q2. CEO Ben M. Palmer announced retirement and commitment to a smooth leadership transition. No financial metrics directly quantify this priority, but management emphasizes continuity and stability during the change. Delivery assessment Oct 24, 2026
Maintain quarterly dividend of $0.04 per share	The company keeps paying a steady $0.04 dividend per share.	Intact	dividend per share falls below $0.04 in any quarter	Dividend per share: $0.04 per share FY2026-Q2; GAAP. Published target: >= $0.04 per share quarterly dividend. Target period is not explicitly aligned with this observation. Source published Jul 30, 20260.04 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 876830ed-8a67-4e36-af74-bbd371c39aaa. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 4 of last 4 quarters. The Board consistently declared and paid a regular quarterly cash dividend of $0.04 per share, with dividends totaling $17.7 million year-to-date through 2026-Q2. This priority is being delivered steadily as committed. Delivery assessment Oct 24, 2026
Total operating income improves to positive	A primary condition in RPC, Inc.'s published investment case. The stated target is positive operating income next quarter.	Intact	operating income falls below zero next quarter	Operating income: $14.771M FY2026-Q2; GAAP. Published target: positive operating income next quarter. The target does not explicitly identify fiscal versus calendar quarters. Source published Jul 30, 202614,771,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 876830ed-8a67-4e36-af74-bbd371c39aaa. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Operating income improved from a loss of $4.0 million in 2025-Q4 to $14.8 million in 2026-Q2, with net income margin rising from (0.7)% to 2.6%. Management's focus on profitability is delivering clear financial improvement. Delivery assessment Oct 24, 2026
Total revenue growth near 7% sequentially	A primary condition in RPC, Inc.'s published investment case. The stated target is >=6.8% sequential growth next quarter.	Improving	sequential revenue growth falls below 6.8% next quarter	Revenue growth: 9.52% FY2026-Q2; GAAP. Published target: >=6.8% sequential growth next quarter. The target does not explicitly identify fiscal versus calendar quarters. Source published Jul 30, 20269.519758 percent · calculatedSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 876830ed-8a67-4e36-af74-bbd371c39aaa. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Operating income improved significantly from $2.6 million in 2026-Q1 to $14.8 million in 2026-Q2, and adjusted EBITDA rose from $53.5 million to $66.0 million over the same period. Management has consistently emphasized cost discipline and strategic capital deployment, and the financial results show delivering progress on this priority. Delivery assessment Oct 24, 2026
Technical Services revenue growth near 7%	Technical Services revenue grew 7%, and profit nearly doubled.	Intact	Technical Services revenue growth falls below 7% next quarter	Technical Services revenue: $438.115M FY2026-Q2; reported segment. Published target: >=7% sequential growth next quarter. Target and observation units differ. Source published Jul 30, 2026438,115,000 USD · source valueLast status assessment Oct 24, 2026 Measurement source Technical Services · reported segment FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_segment_revenue. Reference: 2026-Q2. Source status: vendor observation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Revenues grew modestly from $454.8 million in 2026-Q1 to $460.9 million in 2026-Q2, driven by increases in Technical Services and an 11% sequential rise in Support Services. Management's focus on diversified service line growth is showing delivering progress. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS: comparable history unavailable.

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	4 / 4
2026-07-25	Unavailable	Unavailable	2 / 3
2026-07-26	Unavailable	Unavailable	4 / 4
2026-07-27	Unavailable	Unavailable	4 / 4
2026-07-28	Unavailable	Unavailable	4 / 4
2026-07-29	Unavailable	Unavailable	4 / 4
2026-07-30	Unavailable	Unavailable	4 / 4
2026-07-31	Unavailable	Unavailable	2 / 3
2026-08-01	Unavailable	Unavailable	2 / 3
2026-08-02	Unavailable	Unavailable	4 / 4
2026-08-03	Unavailable	Unavailable	2 / 3
2026-08-04	Unavailable	Unavailable	2 / 3
2026-08-05	Unavailable	Unavailable	4 / 4
2026-08-06	Unavailable	Unavailable	2 / 3
2026-08-08	Unavailable	Unavailable	4 / 4
2026-08-09	Unavailable	Unavailable	4 / 4
2026-08-10	Unavailable	Unavailable	4 / 4
2026-08-12	Unavailable	Unavailable	4 / 4
2026-08-13	Unavailable	Unavailable	2 / 3
2026-08-14	Unavailable	Unavailable	2 / 3
2026-08-15	Unavailable	Unavailable	2 / 3
2026-08-16	Unavailable	Unavailable	2 / 3
2026-08-17	Unavailable	Unavailable	2 / 3
2026-08-18	Unavailable	Unavailable	2 / 3
2026-08-19	Unavailable	Unavailable	2 / 3
2026-08-20	Unavailable	Unavailable	2 / 3
2026-08-21	Unavailable	Unavailable	2 / 3
2026-08-22	Unavailable	Unavailable	2 / 3
2026-08-23	Unavailable	Unavailable	2 / 3
2026-08-24	Unavailable	Unavailable	2 / 3
2026-08-25	Unavailable	Unavailable	2 / 3
2026-08-26	Unavailable	Unavailable	2 / 3
2026-08-27	Unavailable	Unavailable	2 / 3
2026-08-28	Unavailable	Unavailable	2 / 3
2026-08-29	Unavailable	Unavailable	2 / 3
2026-08-30	Unavailable	Unavailable	2 / 3
2026-08-31	Unavailable	Unavailable	2 / 3
2026-09-01	Unavailable	Unavailable	2 / 3
2026-09-02	Unavailable	Unavailable	2 / 3
2026-09-03	Unavailable	Unavailable	2 / 3
2026-09-04	Unavailable	Unavailable	2 / 3
2026-09-05	Unavailable	Unavailable	2 / 3
2026-09-06	Unavailable	Unavailable	2 / 3
2026-09-07	Unavailable	Unavailable	2 / 3
2026-09-08	Unavailable	Unavailable	2 / 3
2026-09-09	Unavailable	Unavailable	2 / 3
2026-09-10	Unavailable	Unavailable	2 / 3
2026-09-11	Unavailable	Unavailable	2 / 3
2026-09-12	Unavailable	Unavailable	2 / 3
2026-09-13	Unavailable	Unavailable	2 / 3
2026-09-14	Unavailable	Unavailable	2 / 3
2026-09-15	Unavailable	Unavailable	2 / 3
2026-09-16	Unavailable	Unavailable	2 / 3
2026-09-17	Unavailable	Unavailable	2 / 3
2026-09-18	Unavailable	Unavailable	2 / 3
2026-09-19	Unavailable	Unavailable	2 / 3
2026-09-20	Unavailable	Unavailable	2 / 3
2026-09-21	Unavailable	Unavailable	2 / 3
2026-09-22	Unavailable	Unavailable	2 / 3
2026-09-23	Unavailable	Unavailable	2 / 3
2026-09-24	Unavailable	Unavailable	2 / 3
2026-09-25	Unavailable	Unavailable	2 / 3
2026-09-26	Unavailable	Unavailable	2 / 3
2026-09-27	Unavailable	Unavailable	2 / 3
2026-09-28	Unavailable	Unavailable	2 / 3
2026-09-29	Unavailable	Unavailable	2 / 3
2026-09-30	Unavailable	Unavailable	2 / 3
2026-10-01	Unavailable	Unavailable	2 / 3
2026-10-02	Unavailable	Unavailable	2 / 3
2026-10-03	Unavailable	Unavailable	2 / 3
2026-10-04	Unavailable	Unavailable	2 / 3
2026-10-05	Unavailable	Unavailable	2 / 3
2026-10-06	Unavailable	Unavailable	2 / 3
2026-10-07	Unavailable	Unavailable	2 / 3
2026-10-08	Unavailable	Unavailable	2 / 3
2026-10-09	Unavailable	Unavailable	2 / 3
2026-10-10	Unavailable	Unavailable	2 / 3
2026-10-11	Unavailable	Unavailable	2 / 3
2026-10-12	Unavailable	Unavailable	2 / 3
2026-10-13	Unavailable	Unavailable	2 / 3
2026-10-14	Unavailable	Unavailable	2 / 3
2026-10-15	Unavailable	Unavailable	2 / 3
2026-10-16	Unavailable	Unavailable	2 / 3
2026-10-17	Unavailable	Unavailable	2 / 3
2026-10-18	Unavailable	Unavailable	2 / 3
2026-10-19	Unavailable	Unavailable	2 / 3
2026-10-20	Unavailable	Unavailable	2 / 3
2026-10-21	Unavailable	Unavailable	2 / 3
2026-10-22	Unavailable	Unavailable	2 / 3
2026-10-23	Unavailable	Unavailable	2 / 3
2026-10-24	Unavailable	Unavailable	2 / 3

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	1	3	1
2026-06-01	1	3	1
2026-07-01	1	3	1
2026-08-01	1	3	1
2026-09-01	1	3	1
2026-10-01	1	3	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 1 Buy / Strong Buy · 3 Hold · 1 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain quarterly dividend of $0.04 per shareDividend per share: $0.04 per share
Total operating income improves to positiveOperating income: $14.771M
Total revenue growth near 7% sequentiallyRevenue growth: 9.52%
Technical Services revenue growth near 7%Technical Services revenue: $438.115M

Next proof point

Oct 29, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 5 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.3%Typical daily move · historical

Downside history

-36.0%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

RPC, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

RES is an energy-services business with a cyclical, sector-sensitive thesis rather than a proven steady compounder. The long-term thesis is in watch territory: recent results show progress, but performance remains below its industry cohort and confidence is medium.

What's priced into RPC, Inc.

Valuation is expensive, with RES trading at a 1.04 premium to peers, and the evidence tags expectations as stretched. The expectations gap is modest, while the main fragility identified is a turbulent sector regime rather than several pressures combined.

What the fundamentals likely do

Near term, operating income and adjusted EBITDA improved from the first to the second quarter of 2026, while revenue grew modestly as Technical Services and Support Services contributed. Cost discipline and diversified service-line growth are on track, but the next results carry elevated risk, and a guidance cut would be a meaningful setback.

What RPC, Inc. hinges on

Over the next few quarters, RES's trajectory hinges on sustaining operating progress and avoiding weaker guidance. Strong earnings and higher guidance from sector bellwethers could support the sector backdrop, while misses or lower guidance from those peers could weaken that support.