RPC Inc (RES) Tops Q4 EPS by 3c
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RPC, Inc. Reports Fourth Quarter 2016 Financial Results
January 25, 2017 6:50 AM ESTATLANTA, Jan. 25, 2017 /PRNewswire/ --Â RPC, Inc. (NYSE: RES) today announced its unaudited results for the fourth quarter and year ended December 31, 2016. Â RPC 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 and in selected international markets.Â
For the quarter ended December 31, 2016, revenues decreased 17.6 percent to $221.0 million compared to $268.1 million in the fourth quarter of last year. Revenues decreased compared to the prior year due to lower activity... More
