RPC Inc. Declares Increased Quarterly Cash Dividend Payable on March 9, 2012
January 25, 2012 at 07:47 am
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RPC Inc. announced that its Board of Directors declared a 20% increase in the regular quarterly cash
dividend from $0.10 per share to $0.12 per share payable on March 9, 2012 to common stockholders of record at the close of business on February 10, 2012. The dividend will be paid on pre-split shares.
RPC, Inc. acts as a holding company for several oilfield services companies that include Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions and Patterson Services. It provides a range of oilfield services and equipment primarily to independent and oil and gas companies, which is engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. Its segments include Technical Services and Support Services. Technical Services segment includes pressure pumping, downhole tools services, coiled tubing, snubbing and other oilfield related services. Support Services segment includes renting tools to its customers for use with onshore and offshore oil and gas well drilling, completion and workover activities. It is also engaged in oilfield cementing services in the Permian and Mid-Continent basins.
RPC, INC. 
