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-20.28
Forward P/E Ratio-3.64
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales1.29
Cash Flow$2.4677 per share
Price / Cash5.26
Book Value$42.66 per share
Price / Book0.30
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$1.71 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 quarterly earnings data on Wednesday, August, 1st. The oil and gas company reported ($0.60) EPS for the quarter, beating the Zacks' consensus estimate of ($0.93) by $0.33. The oil and gas company had revenue of $241.30 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last 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?
18 analysts have issued twelve-month price targets for Rowan Companies' shares. Their predictions range from $11.00 to $20.00. On average, they anticipate Rowan Companies' share price to reach $14.8462 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Rowan Companies.
What is the consensus analysts' recommendation for Rowan Companies?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 10 hold ratings and 7 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), 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), Key Energy Services (KEG), Seadrill Partners (SDLP), Pioneer Energy Services (PES) 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)
Has Rowan Companies been receiving favorable news coverage?
News articles about RDC stock have been trending positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rowan Companies earned a media and rumor sentiment score of 0.27 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 46.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Rowan Companies.
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. (11.09%), Dimensional Fund Advisors LP (8.36%), Millennium Management LLC (3.18%), Macquarie Group Ltd. (2.62%), Luminus Management LLC (2.33%) and FMR LLC (1.74%). 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 Van ECK Associates Corp, Contrarius Investment Management Ltd, Schwab Charles Investment Management Inc., Robeco Institutional Asset Management B.V., Paloma Partners Management Co, Schroder Investment Management Group, Bank of Montreal Can and California Public Employees Retirement System. 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Point72 Asset Management L.P., Renaissance Technologies LLC, Richard Bernstein Advisors LLC, Jennison Associates LLC, Luminus Management LLC, TVR Capital Management LP and Marshall Wace LLP. 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 $12.98.
How big of a company is Rowan Companies?
Rowan Companies has a market capitalization of $1.71 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 (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.
