| Highlights: |
| RPC is a holding company for multiple oilservice operating units with a history of acquisitions and transactions to increase shareholder value.
RPC currently operates a number of products and services offered throughout the life cycle of a well.RPC is pursuing multiple growth avenues, including increased market share, acquisitions, and geographic expansion, and has a track record of financial growth while maintaining a conservative balance sheet. |
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Non-GAAP Financial Measure
RPC uses the non-GAAP financial measure of earnings before interest, taxes, depreciation and amortization (EBITDA). EBITDA should not be considered in isolation or as a substitute for operating income, net income or other performance measures prepared in accordance with GAAP. RPC uses EBITDA as a measure of operating performance because it allows us to compare performance consistently over various periods without regard to changes in our capital structure. We are also required to use EBITDA to report compliance with financial covenants under our revolving credit facility. A non-GAAP financial measure is a numerical measure of financial performance, financial position, or cash flows that either 1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of operations, balance sheet or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. Set forth below is a reconciliation of EBITDA with Net Income, the most comparable GAAP measure.
Reconciliation of Net Income to EBITDA
Net Income
Add:
Income tax provision
Interest expense
Depreciation and amortization
Less:
Interest income
EBITDA
Summary
 RPC INCORPORATED is an international oil and gas services company with various high-margin service lines well positioned to take advantage of high levels of exploration and production activities. In addition, RPC provides on-going maintenance and emergency services. The company's capital position also allows it to pursue attractive growth opportunities.
Business Services
 RPC Incorporated provides both technical services and support services to the oil and gas industry. Technical Services utilizes people and equipment to perform value-added maintenance, production and completion services directly to a customer's well. Support Services primarily provides equipment for customer use or services to assist customer operations. |
News: |
| Jan 27, 2010 |
RPC, Inc. Reports 2009 Fourth Quarter and Annual Financial Results
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| Jan 27, 2010 |
RPC, Inc. Announces Regular Quarterly Cash Dividend
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| Jan 12, 2010 |
RPC, Inc. Plans to Announce Fourth Quarter and Year-End 2009 Financial Results and Host a Conference Call on January 27, 2010
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| Oct 28, 2009 |
RPC, Inc. Announces Regular Quarterly Cash Dividend
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| Oct 28, 2009 |
RPC, Inc. Reports Third Quarter 2009 Financial Results
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| Aug 11, 2009 |
RPC, Inc. to Present at EnerCom's 2009 The Oil & Gas Conference™
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| Jul 29, 2009 |
RPC, Inc. Announces Reduced Quarterly Cash Dividend
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| Jul 28, 2009 |
RPC, Inc. Reports Second Quarter 2009 Financial Results
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| Jul 14, 2009 |
RPC, Inc. Plans to Announce Second Quarter 2009 Financial Results and Host a Conference Call on July 29, 2009
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| Jul 07, 2009 |
RPC, Inc. to Present at the Morgan Stanley 2009 Energy Conference
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