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
Current SymbolNYSE:RDC
Previous Symbol
CUSIPG7665A10
Phone713-621-7800
Debt
Debt-to-Equity Ratio0.45
Current Ratio2.97
Quick Ratio2.97
Price-To-Earnings
Trailing P/E Ratio-15.39
Forward P/E Ratio-2.62
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales0.98
Cash Flow$2.2877 per share
Price / Cash Flow4.31
Book Value$42.66 per share
Price / Book0.23
Profitability
EPS (Most Recent Fiscal Year)($0.64)
Net Income$72.70 million
Net Margins-23.47%
Return on Equity-7.11%
Return on Assets-4.50%
Miscellaneous
Employees2,800
Outstanding Shares127,070,000
Market Cap$1.40 billion
OptionableOptionable
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) announced its quarterly earnings results on Wednesday, October, 31st. The oil and gas company reported ($1.13) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($1.15) by $0.02. The oil and gas company had revenue of $192.90 million for the quarter, compared to the consensus estimate of $179.39 million. Rowan Companies had a negative net margin of 23.47% and a negative return on equity of 7.11%. The firm's quarterly revenue was down 33.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.16) 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 12-month price objectives for Rowan Companies' stock. Their predictions range from $11.00 to $20.00. On average, they anticipate Rowan Companies' stock price to reach $15.4167 in the next year. This suggests a possible upside of 54.2% 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.
Has Rowan Companies been receiving favorable news coverage?
News headlines about RDC stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rowan Companies earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the immediate future.
Who are some of Rowan Companies' key competitors?
Some companies that are related to Rowan Companies include Transocean (RIG), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco (ESV), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Baytex Energy (BTE), Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Seadrill Partners (SDLP), Pioneer Energy Services (PES), Key Energy Services (KEG) and Western Energy Services (WEEEF).
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 a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.52%), Vanguard Group Inc. (9.00%), Vanguard Group Inc (9.00%), Odey Asset Management Group Ltd (8.78%), Dimensional Fund Advisors LP (8.40%) and Canyon Capital Advisors LLC (3.90%). 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 AQR Capital Management LLC, Luminus Management LLC, First Pacific Advisors LP, Key Group Holdings Cayman LTD., Schroder Investment Management Group, Marshall Wace LLP, Thrivent Financial for Lutherans and FMR LLC. 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 bought by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Franklin Resources Inc., Key Square Capital Management LLC, Fisher Asset Management LLC, Diameter Capital Partners LP, BlackRock Inc., Teachers Advisors LLC and TIAA CREF Investment Management LLC. 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 $10.00.
How big of a company is Rowan Companies?
Rowan Companies has a market capitalization of $1.40 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.
