deep-dive

The $455 Million Quarter That Made $855,000: RPC's Q1 2026 and the Production Services Margin Trap

RPC Inc posted $454.8M in Q1 2026 revenue — up 37% year-over-year. Net income came in at $855,000. The production services margin trap is the story of the week.

Production Services at $75 WTI: Compression Holds, Margins Thin, Operators Wait

The $75 Floor and the Gas Divergence: Friday's Week-in-Review Setup

WTI settled at $75.79 on Thursday — a number that would have looked like crisis pricing two months ago, now looks like a floor. The Hormuz supply flood Gareth has been tracking since June 15 continues to reprice crude, but natural gas is telling a different story. Henry Hub held

Aerial view of gas processing facility with four storage tanks and solar panels

The Floor Debate: Why $75 WTI Recovered From This Morning's $74 and What Friday's Rig Count Tells Us

WTI hit $74.19 this morning and closed at $75.35. The $1.16 recovery is a market actively debating where the floor is — and the IEA surplus math vs. depleted SPR inventory is the crux of it.

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