RPC (RES) risk factors
Item 1A of every RPC Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors24 risks1 new4 reworded
Customer concentration increased as a private E&P company accounted for 15% of 2025 revenues, up from 13%. Added risks highlight emerging cybersecurity and operational exposures from artificial intelligence adoption in field operations. Interest rate pressures were incorporated into customer financing risks.
Filed Feb 27, 2026 - FY2024 10-K risk factors23 risks
RPC Inc faces significant customer concentration, with a private E&P company providing 13 percent of 2024 revenues. The company is exposed to intense competition, skilled labor shortages, and stringent regulations on pressure pumping and hydraulic fracturing. A multi-year ERP implementation and concentrated insider control via the Rollins family shape its governance and operational risks.
Filed Feb 28, 2025