RPC, Inc. (RES) Q2 2025 Earnings Call

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WEBVTT 00:00:00.065 -- 00:00:03.028 Thank you and good morning. 00:00:03.028 -- 00:00:07.372 Before we begin, I want to remind you that some of the statements that will be made on 00:00:07.372 -- 00:00:12.638 this call could be forward-looking in nature and reflect a number of known and unknown 00:00:12.638 -- 00:00:14.139 risks. 00:00:14.139 -- 00:00:19.603 Please refer to our press release issued today along with our 2024 10-K 00:00:19.665 -- 00:00:24.850 and other public filings that outline those risks, all of which can be found on 00:00:24.850 -- 00:00:28.852 RPC's website at www.rpc.net. 00:00:31.334 -- 00:00:36.241 In today's earnings release and conference call, we'll be referring to several non-GAAP 00:00:36.241 -- 00:00:40.007 measures of operating performance and liquidity. 00:00:40.007 -- 00:00:44.534 We believe these non-GAAP measures allow us to compare performance consistently over 00:00:44.534 -- 00:00:46.537 various periods. 00:00:46.537 -- 00:00:51.604 Our press release and our website contain reconciliations of these non-GAAP measures 00:00:51.604 -- 00:00:55.129 to the most directly comparable GAAP measures. 00:00:55.129 -- 00:00:59.853 I'll now turn the call over to our President and CEO, Ben Palmer. 00:00:59.853 -- 00:01:03.577 Thanks, Mike, and thank you for joining our call this morning. 00:01:03.577 -- 00:01:07.661 Today, we will talk about our second quarter results, which incorporate a full quarter 00:01:07.661 -- 00:01:12.146 of the recent Pentail acquisition. In addition, we will share our views about the impacts 00:01:12.146 -- 00:01:17.372 we are seeing from increasing macro and geopolitical uncertainties, which were prevalent 00:01:17.372 -- 00:01:19.174 during the quarter. 00:01:19.174 -- 00:01:23.739 Second quarter results reflect a ...