Rowan Companies plc (RDC)


NYSE - NYSE Real Time Price. Currency in USD
13.36-0.70 (-4.98%)
At close: 4:02 PM EDT
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1d
Open13.84
Prev Close14.06
Bid13.30 x 300
Ask13.35 x 1000
Day's Range13.27 - 14.16
52wk Range10.67 - 21.83
1y Target EstN/A
Market Cap1.68B
P/E Ratio (ttm)7.46
Beta1.75
Volume4,706,002
Avg Vol (3m)3,532,033
Dividend & Yield0.00 (0.00%)
Earnings DateN/A
Trade prices are not sourced from all markets
  • Shares of Cobalt International Energy Surge 15% After Contract Amendment
    Motley Fool9 days ago

    Shares of Cobalt International Energy Surge 15% After Contract Amendment

    Ending its rig contract with Rowan Companies one year early will help save about $80 million between now and 2018.

  • Rowan (RDC) Amends Cobalt International Drilling Contract
    Zacks9 days ago

    Rowan (RDC) Amends Cobalt International Drilling Contract

    Rowan Companies plc (RDC) has declared an amendment to its drilling contract for the Rowan Reliance rig with upstream energy player Cobalt International Energy L.P.

  • PR Newswire10 days ago

    Rowan Announces Amendment of Customer Contract

    HOUSTON, Sept. 15, 2016 /PRNewswire/ -- Rowan Companies plc (RDC) today announced an amendment to its drilling contract with Cobalt International Energy, L.P.,  regarding the drillship Rowan Reliance, which was scheduled to conclude on February 1, 2018. The amendment provides that Rowan will receive cash payments totaling approximately $96 million, that the rig remains at its current day rate of approximately $582,000 and that the drilling contract may be terminated as early as March 31, 2017.  In addition, if Cobalt continues its operations with the Rowan Reliance after March 31, 2017, the day rate will be reduced to approximately $262,000 per day for the remaining operating days.  Cobalt also committed to use Rowan as its exclusive provider of global drilling services for a period of five years.