RPC, Inc. (RES) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:05.735 Good morning and thank you for joining us for RPC, Inc.'s second quarter 2026 00:00:05.735 -- 00:00:10.858 earnings conference call. Today's call will be hosted by Ben Palmer, President and 00:00:10.858 -- 00:00:14.961 CEO, and Mike Schmit, Chief Financial Officer. 00:00:14.961 -- 00:00:19.084 At this time, all participants are in listen-only mode. 00:00:19.084 -- 00:00:23.847 Following the presentation, we will conduct a question and answer session. 00:00:23.847 -- 00:00:28.690 Instructions will be provided at that time for you to queue up for questions. 00:00:28.690 -- 00:00:33.053 I would like to advise everyone that this conference call is being recorded. 00:00:33.053 -- 00:00:37.034 I will now turn the call over to Mr. Schmitz. 00:00:37.936 -- 00:00:40.538 Thank you and good morning. 00:00:40.538 -- 00:00:44.880 Before we begin, I want to remind you that some of the statements that will be made on 00:00:44.880 -- 00:00:50.084 this call could be forward-looking in nature and reflect a number of known 00:00:50.084 -- 00:00:52.225 and unknown risks. 00:00:52.225 -- 00:00:57.325 Please refer to our press release issued today along with our 10-K and 00:00:57.325 -- 00:01:02.348 other public filings that outline those risks, all of which can be found on 00:01:02.348 -- 00:01:06.510 RPC's website at www.rpc.net. 00:01:08.812 -- 00:01:13.956 In today's earnings release and conference call, we'll be referring to several non-GAAP 00:01:13.956 -- 00:01:17.698 measures of operating performance and liquidity. 00:01:17.698 -- 00:01:22.841 We believe these non-GAAP measures allow us to compare performance consistently over 00:01:22.841 -- 00:01:24.837 various periods. 00:01:24.837 -- 00:01:30.059 Our press release and our website contain rec...