RPC Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported revenues increased 47.1% to $482,782,000 compared to $328,144,000 in the fourth quarter last year. Revenues improved due to an increase in the fleet of revenue-producing equipment in several service lines, improved utilization across most of service lines, and improved pricing. Operating profit for the quarter was $122,034,000 compared to $89,798,000 in the prior year. Net income for the quarter was $74,581,000 or $0.51 diluted earnings per share ($0.34 adjusted for the three-for-two split), compared to $55,471,000 or $0.38 diluted earnings per share last year ($0.25 adjusted for the three-for-two split). Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 37.2% to $171,784,000 compared to $125,169,000 in the prior year. Income before income taxes was $122,298,000 against $89,633,000 a year ago. Capital expenditures were $111 million. For the twelve months ended December 31, 2011, revenues increased 65.1% to $1,809,807,000 compared to $1,096,384,000 last year. Net income was $296,381,000 or $2.02 earnings per diluted share ($1.35 adjusted for the three-for-two split), compared to net income of $146,742,000 or $1.00 earnings per diluted share last year ($0.67 adjusted for the three-for-two split). EBITDA increased from $373,508,000 in 2010 to $662,155,000 in 2011. Income before income taxes was $478,815,000 against $237,532,000 a year ago. Operating profit for the quarter was $482,081,000 compared to $238,845,000 in the prior year. Capital expenditures were $416 million.