0000742278 false 0000742278 2023-10-02 2023-10-02 iso4217:USD xbrli:shares iso4217:USD xbrli:shares





washington, d.c. 20549











Date of Report (Date of earliest event reported): October 2, 2023



(Exact name of registrant as specified in its charter)


Delaware 1-8726 58-1550825
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)

(IRS Employer

Identification No.)


2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329

(Address of principal executive office) (zip code)


Registrant's telephone number, including area code: (404) 321-2140


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.10 par value   RES   New York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company ¨


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨







Item 8.01 Other Events.


On October 2, 2023, RPC, Inc. issued a press release titled, “RPC, Inc. Announces Third Quarter 2023 Share Repurchases,” announcing the share repurchases RPC, Inc. made during the third quarter ended September 30, 2023.


Item 9.01 Financial Statements and Exhibits.


99.1  Press Release dated October 2, 2023
104  Cover Page Interactive Data File (embedded within the Inline XBRL document)







Pursuant to the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


  RPC, Inc.
Date: October 2, 2023 /s/ Michael L. Schmit
  Michael L. Schmit
  Vice President and Chief Financial Officer




Exhibit 99.1 




RPC, Inc. Announces Third Quarter 2023 Share Repurchases


ATLANTA, October 2, 2023 - RPC, Inc. (NYSE: RES) announced today that during the third quarter of 2023 it purchased 136,692 shares for approximately $1.1 million under its share repurchase program.


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, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC’s investor website can be found on the internet at RPC.net.


For information about RPC, Inc., please contact:


Michael L. Schmit

Chief Financial Officer

(404) 321-2140



Jim Landers

Vice President Corporate Services

(404) 321-2162





Oct. 02, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Oct. 02, 2023
Entity File Number 1-8726
Entity Registrant Name RPC, INC.
Entity Central Index Key 0000742278
Entity Tax Identification Number 58-1550825
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 2801 Buford Highway NE
Entity Address, Address Line Two Suite 300
Entity Address, City or Town Atlanta
Entity Address, State or Province GA
Entity Address, Postal Zip Code 30329
City Area Code 404
Local Phone Number 321-2140
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.10 par value
Trading Symbol RES
Security Exchange Name NYSE
Entity Emerging Growth Company false

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