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ATLANTA, April 28, 2021 /PRNewswire/ RPC, Inc. (NYSE: RES) today announced its unaudited results for the first quarter ended March 31, 2021. RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States and in selected international markets.
For the quarter ended March 31, 2021, RPC generated revenues of $182.6 million, a decrease of 25.1 percent compared to $243.8 million in the first quarter of 2020. Operating loss for the first quarter of 2021 was $10.5 million compared to an operating loss of $218.7 million and an adjusted operating loss of $13.2 million in the first quarter of the prior year.
Operator
Good morning and thank you for joining us for RPC, Inc. s First Quarter 2021 Financial Earnings Conference Call. Today s call will be hosted by Rick Hubbell, President and CEO; and Ben Palmer, Chief Financial Officer. Also present is Jim Landers, Vice President of Corporate Services. [Operator Instructions] [Operator Instructions] Jim will get us started by reading the forward-looking disclaimer.
Jim Landers
Vice President Corporate Services
Okay. So thank you, everybody. Sorry for that break. Thank you and good morning. Before we begin our call today, I need to remind you that in order to talk about our company, we re going to mention a few things that are not historical facts. Some of the statements that will be made on this call could be forward-looking in nature and reflect a number of known and unknown risks.
Message :
Required fields ATLANTA, April 28, 2021/PRNewswire/ RPC, Inc. (NYSE: RES) today announced its unaudited results for the first quarter ended March 31, 2021. RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United Statesand in selected international markets. For the quarter ended March 31, 2021, RPC generated revenues of $182.6 million, a decrease of 25.1 percent compared to $243.8 millionin the first quarter of 2020. Operating loss for the first quarter of 2021 was $10.5 millioncompared to an operating loss of $218.7 millionand an adjusted operating loss of $13.2 millionin the first quarter of the prior year.
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ATLANTA, April 23, 2021 /PRNewswire/ Rollins, Inc. (NYSE:ROL), a premier global consumer and commercial services company, announced the election of Jerry W. Nix, to Lead Director of the Board of Directors. Additionally, Susan Bell has been named Chairperson of the Audit Committee. Both Susan and Jerry will be succeeding Henry B. Tippie in these roles.
Nix succeeds the retiring Lead Director, Henry B. Tippie, who joined the Company in 1953, and was the company s longest serving Director. Gary W. Rollins stated, I wish to personally thank Henry for his 68 years of guidance and leadership to Rollins. His knowledge and service to the company has been invaluable.
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ATLANTA, April 6, 2021 /PRNewswire/ RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the first quarter ended March 31, 2021 on Wednesday, April 28, 2021 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company s financial and operating results on Wednesday, April 28, 2021 at 9:00 a.m. Eastern Time.
Individuals wishing to participate in the conference call should dial toll-free (833) 579-0910 or (778) 560-2620 for international callers, and use conference ID number 3471295. For interested individuals unable to join by telephone, the call also will be broadcast and archived for 90 days on the Company s investor website. Interested parties are encouraged to click on the webcast link 10-15 minutes prior to the start of the conference call.