RPC, Inc. (RES) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.378 Good morning, and thank you for joining us for RPC, Inc.' 's fourth quarter 2025 earnings 00:00:05.378 -- 00:00:11.226 conference call. Today's call will be hosted by Ben Palmer, President and CEO, 00:00:11.226 -- 00:00:14.490 and Mike Schmidt, Chief Financial Officer. 00:00:14.490 -- 00:00:18.095 At this time, all participants are in a listen-only mode. 00:00:18.095 -- 00:00:22.441 Following the presentation, we will conduct a question-and-answer session. 00:00:22.441 -- 00:00:26.474 Instructions will be provided at that time for you to queue up for questions. 00:00:26.474 -- 00:00:31.198 I would like to advise everyone that this conference call is being recorded. 00:00:31.198 -- 00:00:35.020 I will now turn the call over to Mr. Schmidt. 00:00:35.502 -- 00:00:40.687 Thank you, and good morning. Before we begin, I want to remind you that some of the 00:00:40.687 -- 00:00:45.891 statements that will be made on this call could be forward-looking in nature and reflect 00:00:45.891 -- 00:00:49.815 a number of known and unknown risks. 00:00:49.815 -- 00:00:55.019 Please refer to our press release issued today, along with our 10-K and other 00:00:55.019 -- 00:00:58.252 public filings, that outline those risks, 00:00:58.252 -- 00:01:04.536 all of which can be found on RPC's website at www.rpc.net. 00:01:07.120 -- 00:01:12.085 In today's earnings release and conference call, we'll be referring to several non-GAAP 00:01:12.085 -- 00:01:15.448 measures of operating performance and liquidity. 00:01:15.448 -- 00:01:20.472 We believe these non-GAAP measures allow us to compare performance consistently 00:01:20.472 -- 00:01:22.794 over various periods. 00:01:22.794 -- 00:01:28.486 Our press release and our website between the reconciliations of ...