CEO Ben Palmer reported a sequential revenue improvement for the third quarter, citing increases across most company segments, with the strongest performance in pressure pumping, coiled tubing, and ...

RPC, Inc. RES announced that it acquired Spinnaker Oilwell Services, LLC, expanding its oilfield cementing service business. Per the deal, RPC paid $79.5 million for Spinnaker’s equity. The purchasing ...

Management expects 2025 capital expenditures, including Pintail, to range between $165 million and $215 million, mainly for maintenance. Schmit indicated that Pintail is projected to operate with ...