RPC Inc (RES) (Q3 2026) Earnings Call Highlights: Margin Expansion and Coiled Tubing
RPC Inc (RES) reported Q3 2026 earnings with mixed results. Wireline revenues declined 8% sequentially, while Coiled Tubing revenue rose 20%. Free cash flow was $1 million, impacted by working capital increases. Management expressed optimism for early 2027 activity levels, citing encouraging commodity prices. The company recorded a $74.5 million noncash impairment for Pintail Wireline due to pricing weakness and cost pressures.






