Rowan Companies

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.

Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1923
Size (employees)
2,917 (est)
Website
rowan.com
Rowan Companies was founded in 1923 and is headquartered in Houston, US

Rowan Companies Office Locations

Rowan Companies has offices in Houston and Aberdeen
Houston, US (HQ)
5450 Williams Tower 2800 Post Oak Blvd

Rowan Companies Data and Metrics

Rowan Companies Financial Metrics

Rowan Companies's revenue was reported to be $374.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

374.3 m

Net income (Q1, 2017)

10.3 m

EBIT (Q1, 2017)

77.8 m

Market capitalization (21-Sep-2017)

1.4 b

Cash (31-Mar-2017)

1.2 b
Rowan Companies's current market capitalization is $1.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.6 b1.8 b2.1 b1.8 b

Revenue growth, %

16%17%(14%)

General and administrative expense

102.1 m

Operating expense total

102.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

422.9 m467.7 m547 m508.7 m545.4 m500.2 m611.9 m379.4 m374.3 m

General and administrative expense

29.1 m33 m27.6 m31.2 m29.7 m26.9 m26.1 m23.5 m24 m

Operating expense total

29.1 m33 m27.6 m31.2 m29.7 m26.9 m26.1 m23.5 m24 m

EBIT

62.3 m106.2 m174.5 m122.9 m(170.6 m)167.4 m276.2 m33.6 m77.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.1 b339.2 m484.2 m1.3 b

Inventories

45.5 m29.3 m26.5 m23.5 m

Current Assets

1.5 b941.1 m921.3 m1.6 b

PP&E

6.4 b7.4 b7.4 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.2 b707.7 m56.8 m198.6 m290.5 m595.2 m761.4 m1 b1.2 b

Current Assets

1.7 b1.3 b612 m763.9 m836.3 m1 b1.3 b1.5 b1.5 b

PP&E

7 b7.5 b7.9 b7.9 b7.5 b7.3 b

Total Assets

8.8 b8.8 b8.5 b8.7 b8.3 b8.4 b8.6 b8.7 b8.6 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

252.6 m(114.9 m)93.3 m320.6 m

Depreciation and Amortization

271 m322.6 m392.7 m402.9 m

Inventories

16.3 m568 k9.2 m

Accounts Payable

32.4 m(20.6 m)23.2 m(4 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

32.8 m119.6 m123.7 m84.7 m(239.4 m)122.8 m216.7 m5.5 m10.3 m

Depreciation and Amortization

77.7 m81.5 m89.7 m95.4 m104.1 m98.9 m100.1 m102.2 m99.1 m
USDY, 2017

Revenue/Employee

128.3 k

Financial Leverage

1.6 x
Show all financial metrics

Rowan Companies Market Value History

Traffic Overview of Rowan Companies

Rowan Companies Online and Social Media Presence

Rowan Companies News and Updates

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Norwegian oil drilling rig workers agree wage deal, avoid strike

OSLO, June 22 (Reuters) - Workers on Norwegian offshore oil drilling rigs signed a new wage deal early on Wednesday, avoiding a strike, labour unions and employers said in separate statements.

Rowan Companies Company Life and Culture

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