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RPC's CEO Discusses Q4 2011 Results - Earnings Call Transcript

RPC Inc. ( RES)

Q4 2011 Earnings Call

January 25, 2012 09:00 am ET


Jim Landers - VP, Corporate Finance

Rick Hubbell - President & CEO

Ben Palmer - VP, CFO & Treasurer


Neal Dingmann - SunTrust

John Daniel - Simmons & Company

Robert MacKenzie - FBR Capital Markets

Scott Burk - Canaccord

Andrea Sharkey - Gabelli & Company

William Conroy - Pritchard Capital Partners

John Lawrence - Tudor, Pickering, Holt & Co

Doug Garber - Dahlman Rose

Ben Swomley - Morgan Stanley

Ryan Fitzgibbon - GHS



Good morning and thank you for joining us for the RPC Incorporated’s fourth quarter and annual 2011 earnings conference call. Today’s call will be hosted by Mr. Rick Hubbell, President and CEO; and Mr. Ben Palmer, Chief Financial Officer. Also present is Mr. Jim Landers, Vice President of Corporate Finance.

At this time, all participants are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. Instructions will be provided at that time for you to queue up for questions. I would like to advise everyone that this conference call is being recorded.

Jim will get us started by reading the forward-looking disclaimer.

Jim Landers

Thank you and good morning. Before we begin our call today, I want to remind you that in order to talk about our company, we’re going to mention a few things that are not historical facts. Some of the statements that will be made on this call could be forward-looking in nature and reflect a number of known and unknown risks. I’d like to refer you to our press release issued today along with our 2010 10-K and other public filings that outline those risks all of which can be found on RPC’s website at

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