RPC (NYSE:RES) reported higher first-quarter 2026 revenue as activity improved across most service lines despite winter storms early in the period, while profitability was pressured by job mix, fuel costs and working capital needs.
President and CEO Ben M. Palmer said demand strengthened as the quarter progressed, with sequential revenue growth across the majority of RPC’s service lines. The company also described recent geopolitical developments and higher commodity prices as “incrementally positive,” though management said customer responses have so far been modest.
