Rowan Companies plc provides offshore oil and gas contract drilling services to the oil and gas industry. The company operates through Deepwater, Jack-ups, and ARO segments. The Deepwater segment operates 4 ultra-deepwater drillships. The Jack-ups segment operates 23 self-elevating jack-up rigs. The ARO segment operates 5 self-elevating jack-up rigs. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.
Industry, Sector and Symbol
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:RDC
CUSIPG7665A10
Phone713-621-7800
Debt
Debt-to-Equity Ratio0.48
Current Ratio6.03
Quick Ratio6.03
Price-To-Earnings
Trailing P/E Ratio-23.03
Forward P/E Ratio-3.93
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales1.46
Cash Flow$2.5724 per share
Price / Cash5.73
Book Value$42.66 per share
Price / Book0.35
Profitability
EPS (Most Recent Fiscal Year)($0.64)
Net Income$72.70 million
Net Margins-4.46%
Return on Equity-3.83%
Return on Assets-2.42%
Miscellaneous
Employees2,800
Outstanding Shares126,900,000
Rowan Companies (NYSE:RDC) Frequently Asked Questions
What is Rowan Companies' stock symbol?
Rowan Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDC."
How were Rowan Companies' earnings last quarter?
Rowan Companies PLC (NYSE:RDC) released its quarterly earnings data on Tuesday, May, 1st. The oil and gas company reported ($0.89) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.86) by $0.03. The oil and gas company earned $211.20 million during the quarter, compared to analyst estimates of $207.33 million. Rowan Companies had a negative return on equity of 3.83% and a negative net margin of 4.46%. The firm's revenue was down 43.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 EPS. View Rowan Companies' Earnings History.
When is Rowan Companies' next earnings date?
What price target have analysts set for RDC?
17 equities research analysts have issued 12-month price objectives for Rowan Companies' shares. Their forecasts range from $10.00 to $18.00. On average, they anticipate Rowan Companies' share price to reach $13.7143 in the next year. View Analyst Ratings for Rowan Companies.
Who are some of Rowan Companies' key competitors?
Some companies that are related to Rowan Companies include Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Nabors Industries (NBR), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Seadrill (SDRL).
Who are Rowan Companies' key executives?
Rowan Companies' management team includes the folowing people:
- Dr. Thomas P. Burke, Pres, CEO & Director (Age 51)
- Mr. Stephen M. Butz, Exec. VP & CFO (Age 46)
- Mr. Travis Fred Brooks, Exec. VP of Operations & Engineering (Age 60)
- Mr. Mark F. Mai, Exec. VP, Gen. Counsel & Company Sec. (Age 57)
- Mr. Dennis S. Baldwin, Chief Accounting Officer (Age 57)
Has Rowan Companies been receiving favorable news coverage?
Media headlines about RDC stock have trended positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rowan Companies earned a news sentiment score of 0.44 on Accern's scale. They also gave news articles about the oil and gas company an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Rowan Companies' major shareholders?
Rowan Companies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.24%), Dimensional Fund Advisors LP (8.41%), Blue Harbour Group L.P. (3.61%), Millennium Management LLC (3.10%), First Pacific Advisors LLC (2.27%) and Northern Trust Corp (2.25%). View Institutional Ownership Trends for Rowan Companies.
Which major investors are selling Rowan Companies stock?
RDC stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Blue Harbour Group L.P., Contrarius Investment Management Ltd, LSV Asset Management, Schroder Investment Management Group, RE Advisers Corp, Saba Capital Management L.P. and BlackRock Inc.. View Insider Buying and Selling for Rowan Companies.
Which major investors are buying Rowan Companies stock?
RDC stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dimensional Fund Advisors LP, First Pacific Advisors LLC, Van ECK Associates Corp, New York State Common Retirement Fund, Prudential Financial Inc., Robeco Institutional Asset Management B.V. and JPMorgan Chase & Co.. View Insider Buying and Selling for Rowan Companies.
How do I buy shares of Rowan Companies?
Shares of RDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Rowan Companies' stock price today?
One share of RDC stock can currently be purchased for approximately $14.74.
How big of a company is Rowan Companies?
Rowan Companies has a market capitalization of $1.86 billion and generates $1.28 billion in revenue each year. The oil and gas company earns $72.70 million in net income (profit) each year or ($0.64) on an earnings per share basis. Rowan Companies employs 2,800 workers across the globe.
How can I contact Rowan Companies?
Rowan Companies' mailing address is 2800 POST OAK BOULEVARD SUITE 5450, HOUSTON TX, 77056. The oil and gas company can be reached via phone at 713-621-7800 or via email at [email protected]
MarketBeat Community Rating for Rowan Companies (RDC)
MarketBeat's community ratings are surveys of what our community members think about Rowan Companies and other stocks. Vote "Outperform" if you believe RDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
