RPC, Inc. (RES) Q3 2025 Earnings Name Transcript

Operator

Good morning, and thanks for becoming a member of us for RPC Inc.’s Third Quarter 2025 Earnings Convention Name. Immediately’s name will likely be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Monetary Officer. [Operator Instructions] I want to advise everybody that the convention name is being recorded. I’ll now flip the decision over to Mr. Schmit.

Michael Schmit
VP, CFO, Treasurer & Company Secretary

Thanks, and good morning. Earlier than we start, I wish to remind you that among the statements that will likely be made on this name may very well be forward-looking in nature and mirror a variety of recognized and unknown dangers. Please consult with our press launch issued immediately, together with our 2024 10-Okay and different public filings that define these dangers, all of which could be discovered on RPC’s web site at www.rpc.web.

In immediately’s earnings launch and convention name, we’ll be referring to a number of non-GAAP measures of working efficiency and liquidity. We imagine these non-GAAP measures permit us to match efficiency constantly over varied durations. Our press launch and our web site include reconciliations of those non-GAAP measures to probably the most immediately comparable GAAP measures. I will now flip the decision over to our President and CEO, Ben Palmer.

Ben Palmer
CEO, President & Director

Thanks, Mike, and thanks for becoming a member of our name this morning. Immediately, we’ll speak about our third quarter outcomes. As well as, we’ll share our views in regards to the impacts we’re seeing from growing macro and geopolitical uncertainties, which have been prevalent throughout and after the quarter. Third quarter outcomes mirror a sequential