RigNet is a leading global provider of digital technology solutions to the oil and gas industry, focusing on serving offshore and onshore drilling rigs, energy production facilities and energy maritime vessels. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to more than 1,200 remote sites in over 45 countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas. RigNet is a registered trademark of RigNet, Inc.
Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
2001
Size (employees)
508 (est)-6%
RigNet was founded in 2001 and is headquartered in Houston, US

RigNet Office Locations

RigNet has offices in Houston, Aberdeenshire, Lagos, Singapore and in 8 other locations
Houston, US
Lafayette, US
Monterrey, MX
Denver, US
Midland, US
Macaé, BR
Scott, US
Stavanger, NO
Perth, AU
Singapore, SG
Lagos, NG
Aberdeenshire, GB

RigNet Metrics

RigNet Summary

Market capitalization

$365.1 m

Closing share price

$20.7
RigNet's current market capitalization is $365.1 m.

RigNet Financials

RigNet's revenue is $220.7 m in FY, 2013
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$220.7 m$330.2 m$271.3 m$220.6 m

Revenue growth, %

49.6%(17.8%)(18.7%)

Gross profit

$101.8 m$142 m$108 m

Operating expense total

$73.6 m$107.9 m$119.4 m

EBIT

$28.2 m$34.1 m($11.4 m)

Interest expense

$1.2 m$1.6 m$2.3 m$2.2 m$2.1 m

Income tax expense

$6.5 m$8.7 m$9.2 m$15.4 m$2.4 m

Net Income

$16.5 m$16 m($16.7 m)($11.3 m)

Operating cash flow

$2.4 m$9 m($3.5 m)

RigNet Market Value History

RigNet Online Presence

RigNet Company Life

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