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About Rowan Companies (NYSE:RDC)
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-23.75
Forward P/E Ratio-4.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.28 billion
Price / Sales1.50
Cash Flow$2.4165 per share
Price / Cash6.29
Book Value$41.63 per share
Price / Book0.37
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) posted its quarterly earnings results 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 had revenue of $211.20 million for the quarter, compared to the consensus estimate of $207.33 million. Rowan Companies had a negative return on equity of 3.83% and a negative net margin of 4.46%. The company's quarterly revenue was down 43.6% on a year-over-year basis. During the same period last year, the firm earned $0.07 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 targets for Rowan Companies' shares. Their predictions range from $10.00 to $20.00. On average, they expect Rowan Companies' stock price to reach $14.1333 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), Nabors Industries (NBR), Ocean Rig (ORIG), 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?
News articles about RDC stock have been trending positive this week, according to Accern. The research firm identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rowan Companies earned a news sentiment score of 0.30 on Accern's scale. They also gave media headlines about the oil and gas company an impact score of 44.00 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 institutional 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 institutional investors are buying Rowan Companies stock?
RDC stock was purchased 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 $15.20.
How big of a company is Rowan Companies?
Rowan Companies has a market capitalization of $2.04 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.
Rowan Companies (NYSE:RDC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
18 Wall Street analysts have issued ratings and price targets for Rowan Companies in the last 12 months. Their average twelve-month price target is $14.1333, suggesting that the stock has a possible downside of 7.02%. The high price target for RDC is $20.00 and the low price target for RDC is $10.00. There are currently 1 sell rating, 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.28 | 2.24 | 2.20 | 2.25 |
| Ratings Breakdown: | 1 Sell Rating(s)
11 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
9 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
12 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
11 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $14.1333 | $14.0714 | $15.50 | $16.5333 |
| Price Target Upside: | 7.02% downside | 5.24% downside | 22.92% upside | 12.86% upside |
Rowan Companies (NYSE:RDC) Consensus Price Target History
Rowan Companies (NYSE:RDC) Analyst Ratings History
Show:
(Data available from 5/26/2016 forward)
Rowan Companies (NYSE:RDC) Dividend Information
Rowan Companies pays an annual dividend of $0.00 per share, with a dividend yield of 0.00%. RDC's most recent quarterly dividend payment was Monday, November 23. Rowan Companies pays out 0.00% of its earnings out as a dividend.
| Most Recent Dividend: | 11/23/2015 |
| Dividend Yield: | 0.00% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
0.00% (Based on Cash Flow)
|
Rowan Companies (NYSE:RDC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/29/2015 | quarterly | $0.10 | 1.91% | 11/5/2015 | 11/9/2015 | 11/23/2015 |
| 7/31/2015 | quarterly | $0.10 | 2.41% | 8/7/2015 | 8/11/2015 | 8/25/2015 |
| 5/1/2015 | quarterly | $0.10 | | 5/8/2015 | 5/12/2015 | 5/26/2015 |
| 1/29/2015 | quarterly | $0.10 | 1.89% | 2/5/2015 | 2/9/2015 | 3/3/2015 |
| 10/30/2014 | quarterly | $0.10 | 1.68% | 11/6/2014 | 11/11/2014 | 11/25/2014 |
| 7/31/2014 | quarterly | $0.10 | 1.39% | 8/7/2014 | 8/11/2014 | 8/26/2014 |
| 4/25/2014 | quarterly | $0.10 | 1.29% | 5/1/2014 | 5/5/2014 | 5/20/2014 |
(Data available from 1/1/2013 forward)
Rowan Companies (NYSE RDC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 99.70%
Rowan Companies (NYSE RDC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/22/2018 | Stephen M. Butz | CFO | Sell | 3,671 | $12.99 | $47,686.29 | |  |
| 5/19/2015 | Tore I Sandvold | Director | Buy | 5,000 | $22.29 | $111,450.00 | | |
| 6/11/2014 | Frankie Derek Necaise | SVP | Sell | 4,360 | $31.96 | $139,345.60 | | |
| 6/11/2014 | John L Buvens | VP | Sell | 55,000 | $31.96 | $1,757,800.00 | | |
| 6/10/2014 | Mark A Keller | VP | Sell | 49,000 | $32.20 | $1,577,800.00 | | |
| 3/5/2014 | Suzanne Nimocks | Director | Buy | 1,200 | $32.77 | $39,324.00 | 1,200 | |
| 3/4/2014 | Thomas Hix | Director | Buy | 5,000 | $32.76 | $163,800.00 | 5,000 | |
(Data available from 1/1/2013 forward)
Rowan Companies (NYSE RDC) News Headlines
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Rowan Companies (NYSE:RDC) SEC Filings
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Rowan Companies (NYSE:RDC) Income Statement, Balance Sheet and Cash Flow Statement
Rowan Companies (NYSE RDC) Stock Chart for Saturday, May, 26, 2018
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