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RPC Q3 Loss Hits $41.9 Million on $74.5 Million Pintail Impairment

Securities.io | Oct 29, 2026 12:05 PM EDT

RPC, Inc. on October 29, 2026 reported unaudited results for the third quarter ended September 30, 2026, posting revenues of $467.7 million, up 1% sequentially, and a net loss of $41.9 million that included $74.5 million of non-cash impairment charges related to Pintail, the company's wireline business. The Atlanta-based oilfield services company also declared a regular quarterly cash dividend of $0.04 per share, according to its third quarter 2026 earnings release. The net loss equaled $0.20…

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