S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30

RigNet Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
0.00 (0.00%)
(As of 05/7/2021)
Today's Range
50-Day Range
52-Week Range
Average Volume
171,020 shs
Market Capitalization
$201.75 million
P/E Ratio
Dividend Yield

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RigNet logo

About RigNet

RigNet, Inc. is a technology company, which engages in the provision of customized communications services, applications, and cybersecurity solutions. It operates through the following segments: Managed Communications Services, Applications & Internet-of-Things, Systems Integration and Corporate. The Managed Communications Services segment comprises remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. The Applications & Internet-of-Things segment provides applications over-the-top of the network layer including Software as a Service (SaaS) offerings such as a real-time machine learning and AI data platform, edge computing solution services. The Systems Integration segment gives design and implementation services for customer telecommunications systems. The Corporate segment consists of unallocated executive and support activities, interest expense, income taxes and eliminations. RigNet was founded by Omar Kulbrandstad in 2000 and is headquartered in Houston, TX.


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Industry, Sector and Symbol

Communication services, not elsewhere classified
Oil & Gas Equipment & Services
Current Symbol
Year Founded

Sales & Book Value

Annual Sales
$242.93 million
Cash Flow
$0.65 per share
Book Value
$2.35 per share


Net Income
$-19.16 million
Pretax Margin




Free Float
Market Cap
$201.75 million

Company Calendar

Last Earnings


Overall MarketRank

1.21 out of 5 stars

Computer And Technology Sector

786th out of 895 stocks

Communication Services, Not Elsewhere Classified Industry

14th out of 19 stocks

Analyst Opinion: 0.0Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -

RigNet (NASDAQ:RNET) Frequently Asked Questions

How were RigNet's earnings last quarter?

RigNet, Inc. (NASDAQ:RNET) announced its quarterly earnings results on Monday, March, 15th. The Wireless communications provider reported ($0.44) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.35) by $0.09. The Wireless communications provider earned $47.05 million during the quarter. RigNet had a negative net margin of 16.51% and a negative trailing twelve-month return on equity of 200.81%.
View RigNet's earnings history

Who are RigNet's key executives?

RigNet's management team includes the following people:
  • Steven E. Pickett, President, Chief Executive Officer & Director
  • Errol J. Olivier, Chief Operating Officer & Senior Vice President
  • Lee Michael Ahlstrom, Chief Financial Officer & Senior Vice President
  • Brendan Sullivan, Chief Technology & Information Officer
  • Brad Eastman, Senior Vice President & General Counsel

What is Steven E. Pickett's approval rating as RigNet's CEO?

30 employees have rated RigNet CEO Steven E. Pickett on Glassdoor.com. Steven E. Pickett has an approval rating of 42% among RigNet's employees. This puts Steven E. Pickett in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RigNet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RigNet investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Boeing (BA), Intel (INTC), B2Gold (BTG), Novavax (NVAX), Transocean (RIG), Skyworks Solutions (SWKS), Micron Technology (MU) and Valero Energy (VLO).

What is RigNet's stock symbol?

RigNet trades on the NASDAQ under the ticker symbol "RNET."

What is RigNet's stock price today?

One share of RNET stock can currently be purchased for approximately $9.60.

How much money does RigNet make?

RigNet has a market capitalization of $201.75 million and generates $242.93 million in revenue each year.

How many employees does RigNet have?

RigNet employs 625 workers across the globe.

What is RigNet's official website?

The official website for RigNet is www.rig.net.

Where are RigNet's headquarters?

How can I contact RigNet?

RigNet's mailing address is 15115 PARK ROW BOULEVARD SUITE 300, HOUSTON TX, 77084. The Wireless communications provider can be reached via phone at (281) 674-0100 or via email at [email protected].

This page was last updated on 1/25/2022 by MarketBeat.com Staff


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