RPC Inc (RES) Misses Q2 EPS by 5c

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Go back to RPC Inc (RES) Misses Q2 EPS by 5c

RPC, Inc. Reports Second Quarter 2015 Financial Results

July 29, 2015 7:15 AM EDT

ATLANTA, July 29, 2015 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the second quarter ended June 30, 2015.  RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States and in selected international markets. 

For the quarter ended June 30, 2015, revenues decreased 48.9 percent to $297.6 million compared to $582.8 million in the second quarter of last year.  Revenues decreased compared to the prior year due to lower activity... More