Investigation into RPC, Inc. for Securities Fraud
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 24 2026
0mins
Should l Buy RES?
Source: Globenewswire
- Earnings Miss: RPC, Inc. reported non-GAAP earnings per share of $0.04 on February 3, 2026, failing to meet consensus estimates, indicating a decline in profitability that could undermine investor confidence.
- Revenue Decline: The company's Support Services segment saw an 18% sequential revenue drop, primarily due to a 22% decline in rental tools from Patterson Services, suggesting competitive pressures that may lead to further performance deterioration.
- Stock Price Plunge: Following the earnings report, RPC's stock price fell by $1.15, or 17.37%, closing at $5.47 on February 3, reflecting market pessimism regarding the company's future prospects and potentially triggering increased investor scrutiny and litigation.
- Legal Investigation Initiated: Pomerantz LLP is investigating RPC and its executives for securities fraud, indicating potential legal risks for the company, prompting investors to stay alert for developments to safeguard their interests.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RES?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RES
Wall Street analysts forecast RES stock price to fall
3 Analyst Rating
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 5.970
Low
5.00
Averages
5.67
High
6.00
Current: 5.970
Low
5.00
Averages
5.67
High
6.00
About RES
RPC, Inc. is a diversified oilfield services company. The Company 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, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. It acts as a holding company for the entity groupings, including Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions and Patterson Services. Its segments include Technical Services and Support Services. The Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, cementing, snubbing, nitrogen, well control, wireline and fishing. The Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investigation into RPC, Inc. for Securities Fraud
- Earnings Miss: RPC, Inc. reported non-GAAP earnings per share of $0.04 on February 3, 2026, failing to meet consensus estimates, indicating a decline in profitability that could undermine investor confidence.
- Revenue Decline: The company's Support Services segment saw an 18% sequential revenue drop, primarily due to a 22% decline in rental tools from Patterson Services, suggesting competitive pressures that may lead to further performance deterioration.
- Stock Price Plunge: Following the earnings report, RPC's stock price fell by $1.15, or 17.37%, closing at $5.47 on February 3, reflecting market pessimism regarding the company's future prospects and potentially triggering increased investor scrutiny and litigation.
- Legal Investigation Initiated: Pomerantz LLP is investigating RPC and its executives for securities fraud, indicating potential legal risks for the company, prompting investors to stay alert for developments to safeguard their interests.
See More
Investigation into RPC, Inc. for Securities Fraud
- Poor Financial Performance: RPC, Inc. reported non-GAAP earnings per share of $0.04 for Q4 2025 on February 3, 2026, missing consensus estimates, indicating a significant decline in the company's profitability.
- Revenue Decline: The Support Services segment saw an 18% sequential revenue drop, primarily due to a 22% decline in rental tools from Patterson Services, reflecting the company's vulnerability amid shifting market demands.
- Significant Stock Drop: Following the earnings report, RPC's stock price fell by $1.15, or 17.37%, closing at $5.47 on February 3, 2026, signaling increasing investor concerns about the company's future outlook.
- Legal Investigation Initiated: Pomerantz LLP is investigating RPC and its executives for potential securities fraud, which could lead to further legal liabilities, prompting investors to closely monitor subsequent developments.
See More
European Market Resilience Fuels Investor Optimism
- Market Optimism: Amid global volatility, European markets demonstrate resilience with major indices like Germany's DAX and France's CAC 40 posting gains, reflecting enhanced investor confidence in the eurozone economy, which may drive future investment inflows.
- Undervalued Stock Screening: In a stable interest rate environment from the European Central Bank, investors are focusing on undervalued stocks, with screening tools indicating that companies like Troax Group and Talgo have nearly 50% valuation discounts, suggesting potential investment opportunities.
- SNGN Romgaz Financial Health: With a market capitalization of RON 44.32 billion, SNGN Romgaz reported a 15.4% revenue growth last year, with an expected annual growth rate of 11.3%, indicating strong performance in the natural gas sector, despite trading 23.2% below its fair value.
- Invisio's Growth Potential: Invisio AB, valued at approximately SEK 14.87 billion, forecasts a robust annual growth rate of 44.3% over the next three years, significantly outpacing the Swedish market's 9.3%, with its current stock price notably below future cash flow estimates, highlighting its attractiveness in the defense and security sectors.
See More
RPC Inc Reports 5% Revenue Decline in Q4 2025
- Revenue Decline: RPC Inc's Q4 revenue decreased by 5% sequentially to $426 million, primarily due to a 4% drop in Technical Services and an 18% decline in Support Services, indicating weakness across multiple service lines that could impact future market share.
- Cost and Expenses: Despite the revenue drop, costs slightly increased to $337 million, with SG&A expenses rising to $48 million, representing 11.2% of revenue, which may further compress profit margins and affect overall profitability.
- Cash Flow and Dividends: The company reported approximately $210 million in cash at quarter-end, with $8.8 million in dividends paid, totaling $35.1 million year-to-date, reflecting efforts to maintain shareholder returns while facing cash flow pressures.
- Technological Innovation and Market Opportunities: Despite challenges, RPC Inc continues to expand its innovative offerings in Thru Tubing Solutions, and achieved a 1% revenue growth in Pressure Controls, demonstrating potential in technology investments and market adaptability.
See More
RPC, Inc. Reports Q4 2025 Earnings with Revenue Decline
- Revenue Decline: RPC, Inc. reported Q4 2025 revenues of $426 million, reflecting a 5% sequential decline from Q3, primarily driven by a 6% drop in pressure pumping revenues, indicating significant short-term profitability challenges due to market softness and holiday shutdowns.
- Service Line Performance: Technical Services accounted for 95% of total revenues, down 4%, while Support Services fell 18%, highlighting ongoing weakness across multiple service lines, particularly amid weather impacts and increased competitive pressures, prompting management to adopt a cautious outlook on future profitability.
- Capital Expenditure Guidance: Management guided 2026 capital expenditures to range between $150 million and $180 million, a reduction of $12 million from 2025, demonstrating the company's flexibility and prudence in investment decisions to navigate market volatility and uncertainty.
- Technological Innovation and Market Expansion: Despite challenges, RPC is actively promoting its Thru Tubing Solutions technology and plans to deliver a custom big bore unit in 2026, underscoring the company's strategic focus on market expansion and technological innovation in response to evolving industry demands.
See More
RPC Reports Q4 2025 Earnings with Mixed Results
- Earnings Report: RPC's Q4 2025 non-GAAP EPS of $0.04 missed expectations by $0.02, indicating a shortfall in profitability that may negatively impact investor confidence.
- Revenue Growth: The company reported revenue of $425.8 million for Q4, reflecting a 27.0% year-over-year increase and aligning with market expectations, demonstrating RPC's ability to maintain stable revenue growth amid strong market demand.
- Decline in Adjusted EBITDA: Adjusted EBITDA was $55.1 million, down from $67.8 million in the prior quarter, with the adjusted EBITDA margin decreasing by 230 basis points to 12.9%, highlighting increased cost pressures.
- Cash Flow and Shareholder Returns: RPC generated $201.3 million in net cash from operating activities and $52.9 million in free cash flow, while still paying $35.1 million in dividends and repurchasing $2.9 million in common stock, underscoring its commitment to shareholder returns despite transitioning expenses.
See More
Investigation into RPC, Inc. for Securities Fraud
- Earnings Miss: RPC, Inc. reported non-GAAP earnings per share of $0.04 on February 3, 2026, failing to meet consensus estimates, indicating a decline in profitability that could undermine investor confidence.
- Revenue Decline: The company's Support Services segment saw an 18% sequential revenue drop, primarily due to a 22% decline in rental tools from Patterson Services, suggesting competitive pressures that may lead to further performance deterioration.
- Stock Price Plunge: Following the earnings report, RPC's stock price fell by $1.15, or 17.37%, closing at $5.47 on February 3, reflecting market pessimism regarding the company's future prospects and potentially triggering increased investor scrutiny and litigation.
- Legal Investigation Initiated: Pomerantz LLP is investigating RPC and its executives for securities fraud, indicating potential legal risks for the company, prompting investors to stay alert for developments to safeguard their interests.
See More
Investigation into RPC, Inc. for Securities Fraud
- Poor Financial Performance: RPC, Inc. reported non-GAAP earnings per share of $0.04 for Q4 2025 on February 3, 2026, missing consensus estimates, indicating a significant decline in the company's profitability.
- Revenue Decline: The Support Services segment saw an 18% sequential revenue drop, primarily due to a 22% decline in rental tools from Patterson Services, reflecting the company's vulnerability amid shifting market demands.
- Significant Stock Drop: Following the earnings report, RPC's stock price fell by $1.15, or 17.37%, closing at $5.47 on February 3, 2026, signaling increasing investor concerns about the company's future outlook.
- Legal Investigation Initiated: Pomerantz LLP is investigating RPC and its executives for potential securities fraud, which could lead to further legal liabilities, prompting investors to closely monitor subsequent developments.
See More
European Market Resilience Fuels Investor Optimism
- Market Optimism: Amid global volatility, European markets demonstrate resilience with major indices like Germany's DAX and France's CAC 40 posting gains, reflecting enhanced investor confidence in the eurozone economy, which may drive future investment inflows.
- Undervalued Stock Screening: In a stable interest rate environment from the European Central Bank, investors are focusing on undervalued stocks, with screening tools indicating that companies like Troax Group and Talgo have nearly 50% valuation discounts, suggesting potential investment opportunities.
- SNGN Romgaz Financial Health: With a market capitalization of RON 44.32 billion, SNGN Romgaz reported a 15.4% revenue growth last year, with an expected annual growth rate of 11.3%, indicating strong performance in the natural gas sector, despite trading 23.2% below its fair value.
- Invisio's Growth Potential: Invisio AB, valued at approximately SEK 14.87 billion, forecasts a robust annual growth rate of 44.3% over the next three years, significantly outpacing the Swedish market's 9.3%, with its current stock price notably below future cash flow estimates, highlighting its attractiveness in the defense and security sectors.
See More
RPC Inc Reports 5% Revenue Decline in Q4 2025
- Revenue Decline: RPC Inc's Q4 revenue decreased by 5% sequentially to $426 million, primarily due to a 4% drop in Technical Services and an 18% decline in Support Services, indicating weakness across multiple service lines that could impact future market share.
- Cost and Expenses: Despite the revenue drop, costs slightly increased to $337 million, with SG&A expenses rising to $48 million, representing 11.2% of revenue, which may further compress profit margins and affect overall profitability.
- Cash Flow and Dividends: The company reported approximately $210 million in cash at quarter-end, with $8.8 million in dividends paid, totaling $35.1 million year-to-date, reflecting efforts to maintain shareholder returns while facing cash flow pressures.
- Technological Innovation and Market Opportunities: Despite challenges, RPC Inc continues to expand its innovative offerings in Thru Tubing Solutions, and achieved a 1% revenue growth in Pressure Controls, demonstrating potential in technology investments and market adaptability.
See More
RPC, Inc. Reports Q4 2025 Earnings with Revenue Decline
- Revenue Decline: RPC, Inc. reported Q4 2025 revenues of $426 million, reflecting a 5% sequential decline from Q3, primarily driven by a 6% drop in pressure pumping revenues, indicating significant short-term profitability challenges due to market softness and holiday shutdowns.
- Service Line Performance: Technical Services accounted for 95% of total revenues, down 4%, while Support Services fell 18%, highlighting ongoing weakness across multiple service lines, particularly amid weather impacts and increased competitive pressures, prompting management to adopt a cautious outlook on future profitability.
- Capital Expenditure Guidance: Management guided 2026 capital expenditures to range between $150 million and $180 million, a reduction of $12 million from 2025, demonstrating the company's flexibility and prudence in investment decisions to navigate market volatility and uncertainty.
- Technological Innovation and Market Expansion: Despite challenges, RPC is actively promoting its Thru Tubing Solutions technology and plans to deliver a custom big bore unit in 2026, underscoring the company's strategic focus on market expansion and technological innovation in response to evolving industry demands.
See More
RPC Reports Q4 2025 Earnings with Mixed Results
- Earnings Report: RPC's Q4 2025 non-GAAP EPS of $0.04 missed expectations by $0.02, indicating a shortfall in profitability that may negatively impact investor confidence.
- Revenue Growth: The company reported revenue of $425.8 million for Q4, reflecting a 27.0% year-over-year increase and aligning with market expectations, demonstrating RPC's ability to maintain stable revenue growth amid strong market demand.
- Decline in Adjusted EBITDA: Adjusted EBITDA was $55.1 million, down from $67.8 million in the prior quarter, with the adjusted EBITDA margin decreasing by 230 basis points to 12.9%, highlighting increased cost pressures.
- Cash Flow and Shareholder Returns: RPC generated $201.3 million in net cash from operating activities and $52.9 million in free cash flow, while still paying $35.1 million in dividends and repurchasing $2.9 million in common stock, underscoring its commitment to shareholder returns despite transitioning expenses.
See More
