RPC, Inc. Second Quarter 2022 Financial Summary and Corporate Overview July 27, 2022
RPC AT A GLANCE NAM Land focused oilfield services provider that offers a variety of services to major and independent exploration and production customers Long-term orientation with a proven ability to manage through numerous…
2 nd Quarter 2022 Financial Highlights RPC INCORPORATED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands except per share data) Second Quarter and YTD 2022 Three Months Ended Six Months Ended June 30, March 31,…
RPCS POSITION IN THE NAM LAND MARKET RPC manages a broad portfolio of oilfield services. 85% of RPC revenues are directed towards unconventional completions The trends toward longer laterals and more completion stages increases the…
PRESSURE PUMPING 9 active horizontal fleets and 2 active vertical fleets at end of Q2 2022 Permian Basin, Mid-Continent market presence Currently refurbishing a legacy fleet with ESG-friendly upgrades. Additional legacy fleet could…
DOWNHOLE TOOLS ThruTubing Solutions provides services and tools used in unconventional completion operations Specialization in efficiently executing key services required in multi-stage completions in unconventional wells…
COILED TUBING 17 units of 2 3/8 or greater in diameter for completion applications. Meaningful market share in this category 12 smaller units for workover 10% of consolidated 2022 YTD revenue 8
OTHER SERVICE LINES Nitrogen 3% of YTD revenue. Used in a variety of oilfield applications Rental Tools 4% of YTD revenues Well Control 2% of YTD revenue. Worldwide provider of blowout and other well control services Snubbing /…
Non-GAAP EBITDA Reconciliation RPC has used the non-GAAP financial measure of earnings before interest, taxes, depreciation and amortization (EBITDA) in this discussion. EBITDA should not be considered in isolation or as a substitute for…
CONTACT US Corporate Headquarters: 2801 Buford Highway NE Suite 300 Atlanta, GA 30329 (404) 321-2140 IRDeptRPC.net RPC.net Operational Headquarters: The Woodlands, Texas 11
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