RPC Inc (RPC) is an oil and gas company that provides specialized oilfield services and equipment to independent and major oilfield companies. It also carries out the exploration, production and development of oil and gas properties in the US's southwest, mid-continent, Gulf of Mexico, Rocky Mountain and Appalachian regions. The company’s business units include cudd pressure control, Patterson services and thru tubing solutions. Its major services include downhole tools, pressure pumping, snubbing, coiled tubing, wireline, nitrogen, well control and fishing. The company has operations in Canada and Mexico. RPC is headquartered in Atlanta, Georgia, the US.
Headquarters
United States of America
Address
2801 Buford Highway Ne, Suite 300, Atlanta, Georgia, 30329
Website
www.rpc.net
Telephone
1 404 3212140
No of Employees
2,691
Industry
Energy and Utilities
Ticker Symbol & Exchange
RES (NYSE)
Revenue (2023)
$1.6B
1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-10.6%
(2023 vs 2022)
Market Cap*
$1.7B
Net Profit Margin (2023)
XYZ
-11.5%
(2023 vs 2022)
* As of and is in US$
RPC Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Provision Of Oilfield Services And Equipment |
| Coiled Tubing Services |
| Down-Hole Tool Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired Spinnaker Oilfield Services LLC for US$79.5 million. |
| 2005 | Asset Disposal | In 2005, the company sold the operating assets of its hammer, casing, lay down and torque-turn services, International Hammer and Spindletop Services to the Allis-Chalmers Energy. |
| 2004 | Asset Disposal | In 2004, the company sold Anchor Crane. |
Competitor Comparison
| Key Parameters | RPC Inc | Baker Hughes Co | Halliburton Co | ProPetro Holding Corp | Superior Energy Services Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Atlanta | Houston | Houston | Midland | Houston |
| State/Province | Georgia | Texas | Texas | Texas | Texas |
| No. of Employees | 2,691 | 58,000 | 48,000 | 2,000 | 2,200 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard A. Hubbell | Chairman | Executive Board | 2022 | 78 |
| Ben M. Palmer | President; Chief Executive Officer; Director | Executive Board | 2022 | 62 |
| Michael L. Schmit | Chief Financial Officer; Corporate Secretary; Vice President | Senior Management | 2022 | 50 |
| Amy Rollins Kreisler | Director | Non Executive Board | 2016 | 53 |
| Timothy C. Rollins | Director | Non Executive Board | 2022 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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