OverviewSuggest Edit

Rowan Companies is an offshore drilling contractor that provides drilling services to the petroleum industry. The Company operates a fleet of rigs including offshore drilling jackup rigs and ultra-deepwater drillships. Its offshore jackup rigs include cantilever jackup rigs that are designated as Gorilla Class rigs, Super Gorilla Class rigs, Tarzan Class rigs, 240C Class Rigs, EXL class rigs and N-class rigs, as well as conventional jackup rigs. Its ultra-deepwater drillships are based on the Gusto MSC P10,000 class with capacity for 12,000’ of riser and a variable deck load capacity of 20,000 tons. The company merged with Ensco to form Ensco Rowan.

StateClosed
TypePublic
Founded1923
HQHouston, US
Websiterowan.com

Latest Updates

Employees (est.) (Dec 2018)3,300(+18%)
Revenue (FY, 2018)$824.8 M(-35%)
Share Price (Apr 2019)$10.9
Cybersecurity ratingAMore

Rowan Companies Office Locations

Rowan Companies has offices in Houston and Aberdeen
Houston, US (HQ)
2800 Post Oak Blvd
Show all (2)

Rowan Companies Financials and Metrics

Rowan Companies Revenue

Rowan Companies's revenue was reported to be $824.80 m in FY, 2018
USD

Revenue (FY, 2018)

824.8m

Net income (FY, 2018)

(347.4m)

EBIT (FY, 2018)

(287.8m)

Market capitalization (12-Apr-2019)

1.4b

Closing stock price (12-Apr-2019)

10.9

Cash (31-Dec-2018)

1.0b

EV

2.9b
Rowan Companies's current market capitalization is $1.4 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.8b939.2m1.4b1.6b1.8b2.1b1.8b1.3b824.8m

Revenue growth, %

16%17%(14%)

General and administrative expense

132.6m88.3m99.7m131.4m125.8m115.8m102.1m104.9m96.1m

Operating expense total

174.6m88.3m140.0m135.8m699.8m453.1m135.0m104.9m96.1m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

437.5m438.9m1.0b1.1b339.2m484.2m1.3b1.3b1.0b

Accounts Receivable

283.6m423.8m344.5m545.2m410.5m212.8m251.2m

Prepaid Expenses

44.6m55.1m45.5m29.3m26.5m15.5m22.4m

Inventories

212.0k23.5m
Quarterly
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

280.0m736.8m180.6m252.6m(114.9m)93.3m320.6m72.7m(347.4m)

Depreciation and Amortization

186.6m204.9m247.9m271.0m322.6m392.7m402.9m403.7m388.9m

Inventories

(65.2m)(104.5m)

Accounts Payable

(34.8m)44.8m(8.6m)32.4m(20.6m)23.2m(4.0m)1.9m2.8m
USDQ1, 2010

Financial Leverage

1.6 x
Show all financial metrics

Rowan Companies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Rowan Companies Online and Social Media Presence

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Rowan Companies News and Updates

Monteverde & Associates PC Files Class Action Lawsuit On Behalf Of Shareholders Of Rowan Companies plc In The U.S District Court For The Southern District Of New York

NEW YORK, Nov. 29, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:18-cv-10423-JPO, on behalf of public common shareholders of Rowan Companies ...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Rowan Companies plc. - RDC

NEW YORK, Oct. 30, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating the Board of Directors of Rowan Companies plc. ("As "Rowan" or the...

Rowan Companies Frequently Asked Questions

  • When was Rowan Companies founded?

    Rowan Companies was founded in 1923.

  • How many employees does Rowan Companies have?

    Rowan Companies has 3,300 employees.

  • What is Rowan Companies revenue?

    Latest Rowan Companies annual revenue is $824.8 m.

  • What is Rowan Companies revenue per employee?

    Latest Rowan Companies revenue per employee is $249.9 k.

  • Who are Rowan Companies competitors?

    Competitors of Rowan Companies include Awilco Drilling, Dril-Quip and PDC Energy.

  • Where is Rowan Companies headquarters?

    Rowan Companies headquarters is located at 2800 Post Oak Blvd, Houston.

  • Where are Rowan Companies offices?

    Rowan Companies has offices in Houston and Aberdeen.

  • How many offices does Rowan Companies have?

    Rowan Companies has 2 offices.