RPC INC — Form 8-K
Filed July 30, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
RPC reported Q2 2026 revenues of $460.9M (up 1% sequentially), net income of $12.1M ($0.05 diluted EPS), and adjusted EBITDA of $66.0M with 14.3% margin. The company made a $20M principal payment on Pintail acquisition debt and extended its credit facility maturity from June 2027 to June 2031. CEO Ben Palmer announced retirement after 30 years; the board declared a $0.04/share quarterly dividend.
Why this rating
Modest sequential revenue growth, routine dividend, debt paydown, and CEO transition announced. Earnings improvement is incremental and margin gains are minor. No material M&A, strategic shift, or crisis; CEO departure is planned, not forced.
See more from July 30, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.