NYSE$RES
Rpc Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
RPC's financial performance decreased compared to the same period last year due to lower activity and pricing, but improved sequentially.
RPC Inc. reported a decrease in revenues and a net loss for the fourth quarter of 2020, compared to the fourth quarter of 2019. However, there was a sequential improvement in activity levels compared to the previous quarter.
- Revenues decreased by 37.0% compared to Q4 2019.
- Net loss was $10.2 million, or $0.05 loss per share.
- Operating loss was $21.6 million.
- Sequential activity levels improved for the first time since 2016.
Headline financials
Revenue & EPS history
Rpc · Revenue · Quarterly
$149M
Forward guidance
RPC anticipates continued improvement in activity levels and focuses on low capital spending, expense management, and improved profitability in 2021.
Tailwinds
- Greater visibility into near term activity levels.
- Expect activity levels to continue to improve as the year progresses.
- Operating plans for 2021 include low capital spending.
- Continued expense management.
- Improved profitability.
Headwinds
- Remain cautious with respect to capital expenditures until financial returns improve.
- Changes in general global business and economic conditions, including the decline in prices of oil and natural gas.
- The combined impact of the OPEC disputes and the COVID-19 pandemic on our operations.
- Credit risks associated with collections of our accounts receivable from customers experiencing challenging business conditions.
- Drilling activity and rig count.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+0.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-1.4%
Avg return
30 days after
52%
34 / 66 earnings
Positive
+21.4%
Q2 2022
Best reaction
-18.3%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.4% | -4.3% | -7.9% | |
| Q4 2025 | -17.4% | -12.8% | -7.4% | |
| Q3 2025 | +11.6% | +8.4% | +6.4% | |
| Q2 2025 | -3.9% | -5.0% | -3.0% | |
| Q1 2025 | +0.8% | +1.0% | -8.3% | |
| Q4 2024 | -3.9% | -0.5% | -13.1% | |
| Q3 2024 | -5.1% | -7.9% | +2.2% | |
| Q2 2024 | +20.6% | +27.7% | +12.3% | |
| Q1 2024 | -10.1% | -15.5% | -14.4% | |
| Q4 2023 | +7.4% | +10.4% | +5.1% | |
| Q3 2023 | -4.6% | -3.5% | -14.7% | |
| Q2 2023 | -7.9% | -7.1% | -10.0% | |
| Q1 2023 | -2.2% | -0.5% | -4.4% | |
| Q4 2022 | +10.6% | +11.9% | +2.3% | |
| Q3 2022 | +4.3% | +20.6% | -1.0% | |
| Q2 2022 | +21.4% | +19.6% | +26.9% | |
| Q1 2022 | -0.6% | -4.5% | -13.6% | |
| Q4 2021 | -0.8% | -1.8% | +39.5% | |
| Q3 2021 | -2.1% | -5.5% | -28.0% | |
| Q2 2021 | +0.0% | -6.6% | -8.7% | |
| Q1 2021 | +0.8% | +4.0% | -1.8% | |
| Q4 2020 | +18.9% | +27.4% | +64.1% | |
| Q3 2020 | -11.7% | -3.8% | +28.3% | |
| Q2 2020 | -1.9% | -1.6% | +3.5% | |
| Q1 2020 | +0.3% | +2.6% | +35.5% | |
| Q4 2019 | +2.0% | -9.2% | -25.1% | |
| Q3 2019 | -8.6% | -11.6% | -31.0% | |
| Q2 2019 | -9.9% | -15.9% | -20.5% | |
| Q1 2019 | -18.3% | -17.5% | -37.9% | |
| Q4 2018 | -4.2% | -4.7% | -5.3% | |
| Q3 2018 | -1.9% | +1.4% | -1.7% | |
| Q2 2018 | +1.8% | +7.4% | +3.6% | |
| Q1 2018 | -5.0% | -4.1% | -10.1% | |
| Q4 2017 | -15.0% | -19.4% | -20.5% | |
| Q3 2017 | +3.0% | +7.0% | +4.2% | |
| Q2 2017 | +2.1% | -1.3% | -11.0% | |
| Q1 2017 | +2.1% | +2.3% | +8.0% | |
| Q4 2016 | +0.6% | -1.3% | -10.1% | |
| Q3 2016 | +0.4% | -3.9% | +1.7% | |
| Q2 2016 | -1.5% | -3.4% | +9.2% | |
| Q1 2016 | +4.9% | — | — | |
| Q4 2015 | +8.8% | — | — | |
| Q3 2015 | +2.6% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | +2.1% | — | — | |
| Q4 2014 | -4.3% | — | — | |
| Q3 2014 | -3.1% | — | — | |
| Q2 2014 | +6.0% | — | — | |
| Q1 2014 | +3.8% | — | — | |
| Q4 2013 | -9.3% | — | — | |
| Q3 2013 | +6.4% | — | — | |
| Q2 2013 | -5.2% | — | — | |
| Q1 2013 | -12.7% | — | — | |
| Q4 2012 | +6.1% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +1.1% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q1 2012 | +9.2% | — | — | |
| Q4 2009 | +0.9% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | +9.4% | — | — | |
| Q3 2010 | +9.4% | — | — | |
| Q4 2010 | -3.3% | — | — | |
| Q2 2010 | -3.3% | — | — | |
| Q2 2011 | -3.3% | — | — | |
| Q1 2010 | +1.3% | — | — |
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