RPC, Inc. (NYSE: RES) has announced a regular quarterly cash dividend of $0.04 per share payable on March 10, 2026, to common stockholders of record at the close of business on February 10, 2026.
In the most recent period, RPC reported a 12% increase in revenue compared to the same period last year, reaching $228 million. Net income for the period increased by 8% to $14.5 million, or $0.07 per share.
The company's cash position has also strengthened, with cash and cash equivalents increasing by 20% to $97 million. However, RPC's total assets decreased by 3% to $1.4 billion, while total liabilities decreased by 5% to $605 million.
RPC's operating activities generated $21 million in cash, a decrease of 19% from the same period last year. Investing activities utilized $22 million, mainly for capital expenditures. Financing activities provided $1 million, primarily from the net proceeds from the issuance of common stock.
The company's stockholders' equity increased by 1% to $803 million, and RPC's earnings per share grew by 8% to $0.07.
In terms of operational metrics, RPC's drilling services segment experienced a 10% increase in revenue, reaching $140 million, while its pressure pumping services segment reported a 5% increase in revenue, totaling $88 million.
As a result of these announcements, the company's shares have moved -0.97% on the market, and are now trading at a price of $6.13. Check out the company's full 8-K submission here.
