This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

RPC, Inc CEO Discusses Second Quarter Results - Earnings Call Transcript

RPC, Inc (RES)

Q2 2012 Earnings Call

July 25, 2012, 09:00 am ET

Executives

Jim Landers – VP, Corporate Finance

Ben Palmer – VP, CFO and Treasurer

Rick Hubbell – President and CEO

Analysts

Neal Dingmann – SunTrust

Andrea Sharkey - Gabelli & Company

John Daniel - Simmons & Company

Doug Garber – Dahlman Rose

Luke Lemoine - Capital One

John Lawrence - Tudor, Pickering, Holt

Michael Marino - Stevens Incorporated

Ben Swomley - Morgan Stanley

Jeffery Spittel - Global Hunter Securities

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the RPC second quarter earnings conference call. As a reminder, today's conference is being recorded. Now, I'd like to turn the conference over to your host, Mr. Jim Landers. Please go ahead, sir.

Jim Landers

Thank, you, (Katherine), and good morning. Before we begin our call today, I wanted 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 we 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 2011 10-K and other public filings that outline those risks, all of which can be found on RPC's website at www.rpc.net.

I also need to tell you that in today's earnings release and conference call, we'll be referring to EBITDA which is a non-GAAP measure of operating performance. RPC uses EBITDA as a measure of operating performance because it allows us to compare performance consistently over various periods without regard to changes in our capital structure.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs