RPC, Inc. (NYSE:RES) Q4 2024 Earnings Conference Call January 30, 2024 9:00 AM ET

Company Participants

Michael Schmit - VP, CFO, Treasurer and Corporate Secretary
Ben Palmer - Director, President and CEO

Conference Call Participants

Don Crist - Johnson Rice
Stephen Gengaro - Stifel

Operator

Good morning and thank you for joining us for RPC, Inc.'s Fourth Quarter and Year End 2024 Conference Call. Today's call will be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Financial Officer.

At this time, all participants are in listen-only mode. Following the presentation, we will conduct a question-and-answer session, instructions will be provided at that time for you to queue up for questions. I would like to advise everyone that this conference call is being recorded.

I will now turn the call over to Mr. Schmit.

Michael Schmit

Thank you and good morning. Before we begin, I want to remind you that 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. Please refer to our press release issued today, along with our 2023 10-K and other public filings that outline all those risks, all of which can be found on RPC's website at www.rpc.net.

In today's earnings release and conference call, we'll be referring to several non-GAAP measures of operating performance and liquidity. We believe these non-GAAP measures allow us to compare performance consistently over various periods. Our press release and our website contain reconciliations of these non-GAAP measures to the most directly comparable GAAP measures.

I'll now turn the call over to our President and CEO, Ben Palmer.

Ben Palmer

Thanks Mike and thank you for joining our call. This morning, we reported results that continue to reflect the challenges of the OFS market, though we