OverviewSuggest Edit

RPC is a holding company managing businesses in the oil and gas industry. It operates in two segments: Technical Services and Support Services. The Technical Services segment specializes in pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. The Support Services segment provides pipe inspection, classroom and computer training, and other consulting services.
TypePublic
Founded1984
HQAtlanta, GA, US
Websiterpc.net
Employee Ratings3

Locations

RPC is headquartered in
Atlanta, United States

Location Map

Latest Updates

Employees (est.) (Dec 2020)2,005(-24%)
Revenue (FY, 2020)$598.3 M(-51%)
Share Price (Sept 2021)$4.2(-2%)
Cybersecurity ratingBMore

Key People/Management at RPC

Richard A. Hubbell

Richard A. Hubbell

President and Chief Executive Officer
Ben M. Palmer

Ben M. Palmer

Vice President, Chief Financial Officer, Treasurer and Corporate Secretary
Gary W. Rollins

Gary W. Rollins

Inside Director, Non-Executive Chairman of the Board
Amy R. Kreisler

Amy R. Kreisler

Outside Director
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RPC Office Locations

RPC has an office in Atlanta
Atlanta, GA, US (HQ)
2801 Buford Hwy NE #300
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RPC Financials and Metrics

RPC Revenue

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View revenue for all periods
RPC's revenue was reported to be $598.3 m in FY, 2020 which is a 51.1% decrease from the previous period.
USD

Revenue (Q2, 2021)

188.8m

Gross profit (Q2, 2021)

43.0m

Gross profit margin (Q2, 2021), %

22.8%

Net income (Q2, 2021)

(726.0k)

EBIT (Q2, 2021)

(1.2m)

Market capitalization (16-Sept-2021)

912.6m

Closing stock price (16-Sept-2021)

4.2

Cash (30-Jun-2021)

121.0m

EV

816.9m
RPC's current market capitalization is $912.6 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.7b1.2b598.3m

Revenue growth, %

(29%)(51%)

Cost of goods sold

1.2b919.6m480.7m

Gross profit

538.0m302.8m117.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

334.7m358.5m293.2m243.8m89.3m116.6m182.6m188.8m

Cost of goods sold

252.4m265.1m225.2m181.9m80.0m100.9m146.2m145.8m

Gross profit

82.3m93.4m68.0m61.8m9.3m15.7m36.4m43.0m

Gross profit Margin, %

25%26%23%25%10%13%20%23%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

116.3m50.0m84.5m

Accounts Receivable

323.5m242.6m161.8m

Prepaid Expenses

9.8m10.5m9.1m

Inventories

130.1m100.9m82.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

113.0m47.6m49.5m82.6m145.4m145.6m85.4m121.0m

Accounts Receivable

319.2m358.0m288.6m248.0m109.2m123.2m186.9m180.7m

Prepaid Expenses

9.3m8.2m6.5m8.7m5.9m4.1m8.0m5.7m

Inventories

124.5m118.6m107.0m97.3m93.4m84.6m80.2m81.2m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

175.4m(87.1m)(212.2m)

Depreciation and Amortization

166.8m172.6m95.3m

Inventories

(15.7m)21.0m18.1m

Accounts Payable

(7.8m)(42.2m)(9.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(739.0k)5.4m(63.7m)(160.4m)(185.5m)(202.0m)(9.7m)

Depreciation and Amortization

43.1m86.8m132.5m39.5m58.9m77.6m17.8m

Inventories

5.7m11.7m17.7m3.3m7.3m16.2m2.8m

Accounts Payable

3.7m2.8m(24.1m)17.0m(27.5m)(4.6m)18.2m
USDFY, 2018

Revenue/Employee

478.1k

Financial Leverage

1.3 x

P/E Ratio

12.0
Show all financial metrics

RPC Acquisitions / Subsidiaries

Company NameDateDeal Size
Bronco Oilfield Services
Chippewa Sand Company, LLC
Cudd Energy Services Australia Pty Ltd
Cudd Energy Services Gabon SARL
Cudd Pressure Control Inc
Cudd Pumping Services, Inc.
International Training Services, Inc.
Patterson Services , Inc.
Patterson Truck Line, Inc.
RPC Beijing
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RPC Revenue Breakdown

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RPC revenue breakdown by business segment: 7.0% from Support Services and 93.0% from Technical Services

RPC revenue breakdown by geographic segment: 6.0% from International and 94.0% from United States

RPC Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

RPC Online and Social Media Presence

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RPC Company Culture

  • CEO Rating

    A+

    85/100

  • Compensation

    D

    55/100

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RPC Frequently Asked Questions

  • When was RPC founded?

    RPC was founded in 1984.

  • Who are RPC key executives?

    RPC's key executives are Richard A. Hubbell, Ben M. Palmer and Gary W. Rollins.

  • How many employees does RPC have?

    RPC has 2,005 employees.

  • What is RPC revenue?

    Latest RPC annual revenue is $598.3 m.

  • What is RPC revenue per employee?

    Latest RPC revenue per employee is $298.4 k.

  • Who are RPC competitors?

    Competitors of RPC include NexTier Oilfield Solutions, Weatherford and Superior Energy Services.

  • Where is RPC headquarters?

    RPC headquarters is located at 2801 Buford Hwy NE #300, Atlanta.

  • Where are RPC offices?

    RPC has an office in Atlanta.

  • How many offices does RPC have?

    RPC has 1 office.