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
Phone713-621-7800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$824.80 million
Profitability
Miscellaneous
Employees3,300
Next Earnings Date5/7/2019 (Estimated)
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) released its earnings results on Wednesday, February, 27th. The oil and gas company reported ($1.11) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($1.07) by $0.04. The oil and gas company had revenue of $179.40 million for the quarter, compared to analyst estimates of $166.30 million. Rowan Companies had a negative return on equity of 9.19% and a negative net margin of 42.12%. The company's revenue for the quarter was down 39.5% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.31) earnings per share. View Rowan Companies' Earnings History.
When is Rowan Companies' next earnings date?
What price target have analysts set for RDC?
17 brokerages have issued 1 year price objectives for Rowan Companies' stock. Their predictions range from $11.00 to $20.00. On average, they expect Rowan Companies' stock price to reach $14.4856 in the next year. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for Rowan Companies.
What is the consensus analysts' recommendation for Rowan Companies?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 8 hold ratings and 8 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?
Headlines about RDC stock have been trending negative on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rowan Companies earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.
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), Ocean Rig UDW (ORIG), Ensco (ESV), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Pacific Drilling (PACD), Baytex Energy (BTE), Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Pioneer Energy Services (PES) and Key Energy Services (KEG).
What other stocks do shareholders of Rowan Companies own?
Who are Rowan Companies' key executives?
Rowan Companies' management team includes the folowing people:
- Dr. Thomas P. Burke, Pres, CEO & Director (Age 52)
- Mr. Stephen M. Butz, Exec. VP & CFO (Age 47)
- Mr. Travis Fred Brooks, Exec. VP of Operations & Engineering (Age 61)
- Mr. Mark F. Mai, Exec. VP, Gen. Counsel & Company Sec. (Age 58)
- Mr. Dennis S. Baldwin, Chief Accounting Officer (Age 58)
Who are Rowan Companies' major shareholders?
Rowan Companies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.77%), Odey Asset Management Group Ltd (9.45%), Dimensional Fund Advisors LP (8.32%), Centerbridge Partners L.P. (4.02%), Macquarie Group Ltd. (2.70%) and Mackenzie Financial Corp (2.38%). Company insiders that own Rowan Companies stock include Richard Jason Anderson and Stephen M Butz. 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 New York State Common Retirement Fund, TVR Capital Management LP, Canada Pension Plan Investment Board, Dupont Capital Management Corp, Mackenzie Financial Corp, KBC Group NV, D. E. Shaw & Co. Inc. and Jennison Associates LLC. View Insider Buying and Selling for Rowan Companies.
Which major investors are buying Rowan Companies stock?
RDC stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oaktree Capital Management LP, Oaktree Capital Management LP, Van ECK Associates Corp, Centerbridge Partners L.P., Odey Asset Management Group Ltd, IndexIQ Advisors LLC and Oregon Public Employees Retirement Fund. 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 $12.03.
How big of a company is Rowan Companies?
Rowan Companies has a market capitalization of $1.53 billion and generates $824.80 million in revenue each year. The oil and gas company earns $-347,400,000.00 in net income (profit) each year or ($3.72) on an earnings per share basis. Rowan Companies employs 3,300 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.
