RPC Inc (RES) Reports In-Line Q2 EPS

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Go back to RPC Inc (RES) Reports In-Line Q2 EPS

RPC, Inc. Reports Second Quarter 2016 Financial Results

July 27, 2016 6:50 AM EDT

ATLANTA, July 27, 2016 /PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the second quarter ended June 30, 2016.  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, 2016, revenues decreased 51.9 percent to $143.0 million compared to $297.6 million in the second quarter of last year.  Revenues decreased compared to the prior year due to lower activity... More