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
Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:RDC
CUSIPG7665A10
Phone713-621-7800
Debt
Debt-to-Equity Ratio0.48
Current Ratio6.09
Quick Ratio6.09
Price-To-Earnings
Trailing P/E Ratio-28.05
Forward P/E Ratio-4.85
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales1.78
Cash Flow$2.5461 per share
Price / Cash7.05
Book Value$42.66 per share
Price / Book0.42
Profitability
EPS (Most Recent Fiscal Year)($0.64)
Net Income$72.70 million
Net Margins-9.41%
Return on Equity-4.70%
Return on Assets-2.98%
Miscellaneous
Employees2,800
Outstanding Shares127,050,000
Market Cap$2.29 billion
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) posted its earnings results on Wednesday, August, 1st. The oil and gas company reported ($0.60) EPS for the quarter, topping analysts' consensus estimates of ($0.93) by $0.33. The oil and gas company earned $241.30 million during the quarter, compared to analysts' expectations of $207.71 million. Rowan Companies had a negative net margin of 9.41% and a negative return on equity of 4.70%. The business's revenue for the quarter was down 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.25) earnings per share. View Rowan Companies' Earnings History.
When is Rowan Companies' next earnings date?
What price target have analysts set for RDC?
19 analysts have issued 12 month target prices for Rowan Companies' stock. Their predictions range from $11.00 to $20.00. On average, they anticipate Rowan Companies' share price to reach $15.6154 in the next year. This suggests that the stock has a possible downside of 13.0%. View Analyst Price Targets for Rowan Companies.
What is the consensus analysts' recommendation for Rowan Companies?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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), Ensco (ESV), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Noble (NE), Baytex Energy (BTE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Seadrill Partners (SDLP), Pioneer Energy Services (PES), Key Energy Services (KEG) and Independence Contract Drilling (ICD).
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)
Who are Rowan Companies' major shareholders?
Rowan Companies' stock is owned by many different of retail and institutional investors. Top institutional investors include Nikko Asset Management Americas Inc. (0.13%), State of New Jersey Common Pension Fund D (0.12%), Aperio Group LLC (0.11%), Bank of Montreal Can (0.06%), Louisiana State Employees Retirement System (0.03%) and Coastline Trust Co (0.02%). Company insiders that own Rowan Companies stock include Richard Jason Anderson and Stephen M Butz. View Institutional Ownership Trends for Rowan Companies.
Which institutional investors are selling Rowan Companies stock?
RDC stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Nikko Asset Management Americas Inc. and Bank of Montreal Can. Company insiders that have sold Rowan Companies company stock in the last year include Richard Jason Anderson and Stephen M Butz. View Insider Buying and Selling for Rowan Companies.
Which institutional investors are buying Rowan Companies stock?
RDC stock was acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Aperio Group LLC, Coastline Trust Co and Louisiana State Employees Retirement System. 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 $17.95.
How big of a company is Rowan Companies?
Rowan Companies has a market capitalization of $2.29 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.
What is Rowan Companies' official website?
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 (NYSE 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.
