RNET - RigNet, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
7.62
-0.55 (-6.73%)
At close: 4:00PM EDT

7.62 0.00 (0.00%)
After hours: 4:00PM EDT

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Previous Close8.17
Open8.28
Bid6.02 x 2900
Ask10.65 x 800
Day's Range7.49 - 8.28
52 Week Range6.77 - 21.19
Volume55,911
Avg. Volume51,242
Market Cap152.162M
Beta (3Y Monthly)2.13
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • GlobeNewswire

    RigNet Signs Multi-Year Agreement with Galoc Production Company to Deliver the Digital Transformation Triple Play: Intelie Live, CyphreLink, and Managed Communications

    RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has been awarded a multi-year agreement with Galoc Production Company (GPC) to deploy Intelie Live, RigNet’s machine learning-based analytics platform, onboard the floating production storage and offloading (FPSO) vessel Rubicon Intrepid.  RigNet will deploy Intelie Live on its highly secure and scalable Managed Communication Service that includes the deployment of CyphreLink, the company’s military grade encryption solution providing the highest level of data protection for Data in transit. This is the ongoing expansion of RigNet’s portfolio of FPSO clients including 10 FPSOs won in off-shore Brazil over the last 9 months.

  • GlobeNewswire

    RigNet Selected to Exclusively Provide Managed Communications by Borr Drilling

    HOUSTON, Aug. 28, 2019 -- RigNet (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has signed a multi-year.

  • GlobeNewswire

    RigNet’s Intelie Delivers Machine Learning-Based Analytics for Advanced Drilling Operations

    RigNet (RNET), the leading provider of ultra-secure, intelligent networking solutions, announced today that Ocyan, one of Brazil’s largest providers of solutions for the upstream oil and gas industry, has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at their Drilling and Marine Operational Support Center (CSD).  Ocyan’s system will use Intelie as an integrated monitoring system for the company's entire fleet of drilling rigs. "With this system we are able to collect, monitor and process thousands of data points from multiple sources that will give us predictive insights to avoid operational issues, including preventing incidents and accidents while reducing maintenance costs, helping us save significant costs and ultimately improving performance," said Weverton Nazario, Performance Director.

  • GlobeNewswire

    RigNet Signs Long-Term Contract Extension with Valaris

    RigNet has signed a multi-year contract extension with Valaris (formerly known as EnscoRowan)Provides Valaris with stable, highly reliable network to drive ongoing synergy.

  • GlobeNewswire

    RigNet Announces Second Quarter 2019 Earnings Results

    HOUSTON, Aug. 05, 2019 -- RigNet, Inc. (NASDAQ: RNET, the “Company”), the leading provider of ultra-secure, intelligent networking solutions and specialized applications,.

  • GlobeNewswire

    RigNet Signs Multiple Long-Term Strategic Agreements with Transocean

    RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has signed two multi-year agreements with Transocean, one of the world’s largest offshore drilling contractors. RigNet is providing rig analytic applications through Intelie Live, the company’s real-time analytics platform, to help improve operational integrity and efficiency. RigNet has also introduced its first implementation of LIVE-IT, Rignet’s IT-as-a-Service (ITaaS) solution, which assists with assets related to Transocean’s Data Acquisition Real-Time Information Centers (DARIC) including OSISoft Pi SCADA.

  • GlobeNewswire

    RigNet Launches LIVE-IT as a New IT as a Service Solution

    RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has introduced LIVE-IT, an IT-as-a-Service (ITaaS) solution that supports clients’ growing needs for specialized IT support managing the remote data edge to the core.  RigNet’s has more than 40 years’ experience of supporting clients’ remote networking needs with its large-scale technical field service organization.  Customers will benefit from RigNet’s broad capabilities to support applications, hardware and processes, resulting in lower costs and faster delivery of IT and data requirements to support data intensive, machine learning-based applications such as Intelie Live. RigNet’s new LIVE-IT solution supports the complete remote data ecosystem across an organization’s technology stack from the remote edge to the core.

  • GlobeNewswire

    RigNet Announces Second Quarter 2019 Earnings Release Date and Earnings Call Information

    HOUSTON , July 23, 2019 -- RigNet, Inc. (NASDAQ: RNET) today announced that it will release its second quarter 2019 earnings results after the NASDAQ Exchange closes Monday,.

  • GlobeNewswire

    RigNet Announces Settlement of Inmarsat Arbitration

    RigNet, Inc. (NASDAQ: RNET, “RigNet” or “the Company”), the leading provider of intelligent networking solutions and specialized applications, today announced that it has reached a settlement with Inmarsat Global Limited (“Inmarsat”) that concludes the GX Arbitration pending before the International Centre for Dispute Resolution.  Pursuant to the settlement, RigNet will pay Inmarsat $45 million immediately, $5 million in the third quarter of 2019, and $750,000 in the third quarter of 2020. “We are glad to put this matter behind us.  While we are disappointed in the panel’s Phase I findings that a take or pay obligation under our January 2014 agreement had commenced, we believe that settling this matter reduces risk for our shareholders, customers, and employees.  We were able avoid additional costs related to the arbitration and to secure value for our counterclaims which offsets Inmarsat’s additional claims, as well as their claims for interest and attorneys’ fees,” said Steven Pickett, Chief Executive Officer and President.

  • Bardasz Announces Partnership With RigNet For Data-Driven Oil And Gas
    PR Newswire

    Bardasz Announces Partnership With RigNet For Data-Driven Oil And Gas

    HOUSTON , June 20, 2019 /PRNewswire/ -- Bardasz today announced its partnership with RigNet for regional rights to offer their suite of AI Intelie Solutions to serve customers with a complete suite of ...

  • GlobeNewswire

    Bardasz Signs Agreement to Become a Regional Provider of RigNet’s Intelie Suite of AI- Based Solutions for Oil and Gas Customers

    Bardasz’s customers gain access to machine learning-based analytics platform for Energy customers’ operationsBardasz will provide additional operational support services around.

  • GlobeNewswire

    RigNet Announces First Quarter 2019 Earnings Results

    HOUSTON, May 06, 2019 -- RigNet, Inc. (NASDAQ: RNET, the “Company”), the leading provider of intelligent networking solutions and specialized applications, today reported.

  • PR Newswire

    EchoStar Mobile and RigNet Partner to Promote Innovative Mobile Satellite Services

    Enabling Internet of Things Connectivity for Businesses across Europe DUBLIN , May 1, 2019 /PRNewswire/ --  EchoStar Mobile,  a mobile operator providing connectivity across Europe through a hybrid satellite ...

  • GlobeNewswire

    RigNet Announces First Quarter 2019 Earnings Release Date and Earnings Call Information

    HOUSTON, April 24, 2019 -- RigNet, Inc. (NASDAQ: RNET) today announced that it will release its first quarter 2019 earnings results after the NASDAQ Exchange closes Monday, May.

  • GlobeNewswire

    RigNet's Intelie Delivers Machine Learning-Based Analytics for Advanced Fracturing Operations

    HOUSTON, April 18, 2019 -- RigNet (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions for distributed oil and gas operations, announced today.

  • GlobeNewswire

    RigNet and CertifiedSafety Announce Partnership to offer SmartConnect Connected Worker IIoT Solution with the IntelieLive Data Analytics Platform

    According to McKinsey & Company, a leading global business consultancy, most large capital projects take 20% longer and cost 80% more than planned.  One primary reason the combined financial impact of productivity loss is so significant is the failure of facilities and project teams to engage digital workforce solutions that provide enhanced safety monitoring and deeper insight into the interdependent nature of safety and productivity performance. CertifiedSafety’s SmartConnect and RigNet’s IntelieLive are designed for new and existing projects in industrial environments.  Together, they reduce safety-related risks and improve productivity, allowing users to deliver projects on time and on budget.  SmartConnect is a light infrastructure-connected worker solution which combines a patent pending asset location engine, intuitive user interface, and robust asset tags with bi-directional communication.

  • GlobeNewswire

    RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

    Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per shareFull year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per shareQuarterly.

  • GlobeNewswire

    RigNet Announces Fourth Quarter and Full Year 2018 Earnings Release Date and Earnings Call Information

    HOUSTON, March 04, 2019 -- RigNet, Inc. (NASDAQ: RNET) today announced that it will release its fourth-quarter and full year earnings results after the NASDAQ Exchange closes.

  • GlobeNewswire

    RigNet Expands its Adaptive Video Intelligence Suite with Video Motion Analytics

    HOUSTON, Jan. 22, 2019 -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, today introduced video motion analytics as an.

  • GlobeNewswire

    RigNet Introduces Intelligent Remote LTE Services

    HOUSTON, Jan. 10, 2019 -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, today introduced its CompleteConnect multi-band.

  • GlobeNewswire

    RigNet Names Retired Admiral Jamie Barnett as Senior Vice President of Government Services

    RigNet, Inc. (RNET), the leading provider of ultra-secure, intelligent broadband and networking solutions for distributed oil and gas operations, announced today the appointment of retired Adm. James Arden “Jamie” Barnett, Jr. as Senior Vice President of Government Services. Barnett will lead the company’s efforts to build a meaningful business in the government sector by leveraging RigNet’s bundle of technology services: cyber security services, communications services, and artificial intelligence services based on real-time machine learning.

  • GlobeNewswire

    RigNet Expands Infotainment Services for Remote Crews

    HOUSTON, Dec. 11, 2018 -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions for distributed oil and gas operations, today.

  • GlobeNewswire

    RigNet Announces Adverse Ruling in Inmarsat Arbitration

    HOUSTON, Dec. 03, 2018 -- RigNet, Inc. (NASDAQ: RNET, “RigNet” or “the Company”), a global technology company that provides customized communications services, applications,.

  • GlobeNewswire

    Arabsat to Deliver RigNet’s CyphreLink Services to Secure Satellite and Terrestrial Networks

    RigNet, Inc. (RNET) , a global leader in customized communications services, announced today that it has signed a memorandum of understanding with Arabsat, the leading satellite communications group in the Middle East and North Africa, to provide the most comprehensive data protection across the Arabsat satellite network. In partnership, RigNet and Arabsat will target the immediate and growing cybersecurity threat of satellite eavesdropping and network data breaches. Arabsat will begin offering RigNet’s CyphreLink to provide military-grade encryption for location to location communications over satellite and terrestrial networks.

  • GlobeNewswire

    RigNet Introduces Enhanced Cyber Services for Energy

    HOUSTON, Nov. 13, 2018 -- RigNet, Inc. (NASDAQ: RNET), a global leader in customized communications services, today introduced its Enhanced Cyber Services (ECS); the first.