RPC Posts 16% Revenue Gain in Q2

RPC (NYSE:RES), a provider of oilfield services to energy producers in North America, reported results for Q2 2025 on July 24, 2025. The company’s headline news was the major acquisition of Pintail Completions, a wireline service provider, which contributed to a 15.6% year-over-year revenue rise. Reported revenue (GAAP) reached $420.8 million, just edging past consensus GAAP estimates of $420.5 million. However, diluted adjusted earnings per share (EPS) were $0.08, missing the $0.09 expectation and dropped from $0.15 in Q2 2024. As industry pressure and integration costs weighed on earnings. The quarter highlighted ongoing headwinds in core service lines such as pressure pumping, as well as operational shifts due to the new acquisition. Overall, the quarter reflected mixed performance, with some growth via acquisition but continued softness in underlying business segments. Source: Analyst estimates for the quarter provided by FactSet. RPC provides oilfield services such as pressure pumping, wireline, coiled tubing, downhole tools, cementing, and rental tool support. Its clients include exploration and production companies mainly in the United States. The company is known for its diversified service lineup, and after the Pintail acquisition, it increased its presence in the wireline segment, especially in the Permian Basin.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool