Kassimo Boda's questions to RPC Inc (RES) leadership • Q4 2024
Question
Kassimo Boda questioned the 2025 CapEx guidance of $150 million to $200 million, asking if it includes a new Tier 4 DGB fleet and what the potential lead time for such an addition would be.
Answer
CEO Ben Palmer clarified that the current 2025 CapEx guidance range does not include a new Tier 4 DGB fleet. He stated that a decision to order a new fleet would be contingent on securing firm customer commitments and that the lead time for delivery remains approximately six to nine months.