RPC, Inc. Reports Fourth Quarter 2020 Financial Results ATLANTA , Jan. 27, 2021 |PRNewswire| -- RPC, Inc. (NYSE: RES ) today announced its unaudited results for the fourth quarter and year ended December 31, 2020 . 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 December 31, 2020 , revenues were $148.6 million , a decrease of 37.0 percent compared to $236.0 million in the fourth quarter of 2019. Operating loss for the fourth quarter of 2020 was $21.6 million compared to an operating loss of $27.9 million in the same period of the prior year. Adjusted operating loss for the fourth quarter of 2020 was $11.3 million compared to an adjusted operating loss of $17.3 million in the same period of the prior year. 1 Net loss for the fourth quarter of 2020 was $10.2 million , or $0.05 loss per share, compared to a net loss of $23.4 million , or $0.11 loss per share, in the fourth quarter of 2019.