RPC’s Perspective in Q1: KEY Takeaways

In 2025, RPC, Inc. (RES) will likely face pricing pressure as it looks to maintain pressure pumping utilization. The company’s Tier 4 DGBs will see sustained demand, although lower demand for Tier II assets can lead to diesel asset retirement. However, its total frac spreads will not increase in 2025. The recent acquisition also strengthened its Permian operations. RES kept its balance sheet clean in Q1.