RPC, Inc. Clint Walker, Executive Vice President and General Manager, Cudd Energy Services Jim Landers, Vice President of Corporate Finance March 6, 2017
Corporate Profile NYSE: RES. Publicly-traded since 1984 Recent Share Price (March 2 2017) 20.33 Market Capitalization 4.4 billion Average Daily Volume (LTM) 1,680,000 Large Insider Ownership Provider of Oilfield Completion,…
4th Quarter 2016 Financial Highlights Key Financial Results ( millions) Revenues: 221.0 Operating (Loss): (32.2) Net (Loss): (21.1) EBITDA: 15.7 Q4 2016 Compared to Q3 2016 EBITDA and Operating Loss included a 4.0 million gain on…
First Quarter 2017 Update ON THE POSITIVE SIDE - U.S. domestic rig count has increased almost 90% since the May 2016 trough. Utilization of well-maintained equipment has improved. Competitive pricing pressures have moderated. Service…
RPCs Near-Term Strategy Cost and Profitability Management Recruiting Customer Selection Market Assessment Financial and Operational Flexibility Maintenance and Preventative Maintenance 6 6
Top Service Lines Service Line Revenue as a Percentage of Consolidated Revenues Three Months Ended December 31, 2016 Pressure Pumping T hru T ubing Solutions (Downhole T ools) 49.2% 22.5% Coiled T ubing Rental T ools…
Pressure Pumping Well-maintained, high quality fleet concentrated in service-intensive oilfield basins Fleet assessment process has efficiently refined maintenance procedures Maintaining fleets and locations to benefit from…
ThruTubing Solutions ThruTubing Solutions (Downhole tools and motors) provides services used in unconventional completion operations Specializes in accomplishing multi-stage completions in unconventional wells. Significant…
Coiled Tubing 58 units used to enter new and existing wells to perform a variety of services. Approximately 26 are 2 in diameter. Growing utilization with unconventional plays and larger-diameter coiled tubing strings 4 U.S.…
Patterson Rental Tools Rents a variety of tools and products required during drilling or re- entering a well 3% of Q3 2016 revenues 2% market share Currently Leveraged to Liquids- and Oil- Related Plays in Bakken and Eagle…
Other Workover Services Nitrogen Used in a variety of oilfield applications and several non-oilfield industrial uses 68 nitrogen units, 8% of Q3 2016 revenues Snubbing / Hydraulic Workover Allows workover work to be performed…
Responsible Stewardship of Cash Between the Beginning of 2006 and the end of Q3 2015, RPC borrowed as much as 225 million. RPC has repaid that entire amount, returned approximately 650 million to shareholders in the form of…
Contact Us Operational Headquarters: The Woodlands, Texas (above) Corporate Headquarters: irdeptrpc.net 2801 Buford Highway NE, Suite 520 Atlanta, GA 30329 www.rpc.net (404) 321-2140 15 15
Appendix A Periods ended, (Unaudited) Three Months Ended Twelve Months Ended December 31, September 30, December 31, (in thousands except per share data) 2016 2015 2016 2016 2015 Reconciliation of Net Loss to EBITDA Net Loss…
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