Company Quick10K Filing
Rowan Companies
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 127 $1,093
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-10-31 Quarter: 2018-09-30
10-Q 2018-08-01 Quarter: 2018-06-30
10-Q 2018-05-01 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-01 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-02 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-01 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-Q 2016-05-04 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-03 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-03-02 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-Q 2012-08-06 Quarter: 2012-06-30
10-Q 2012-05-02 Quarter: 2012-03-31
10-K 2012-02-28 Annual: 2011-12-31
10-Q 2011-11-03 Quarter: 2011-09-30
10-Q 2011-08-04 Quarter: 2011-06-30
10-Q 2011-05-03 Quarter: 2011-03-31
10-K 2011-03-01 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-04 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-01 Annual: 2009-12-31
8-K 2019-04-11 Leave Agreement, M&A, Shareholder Rights, Control, Officers, Regulation FD, Other Events, Exhibits
8-K 2019-04-09 Other Events
8-K 2019-03-29 Regulation FD
8-K 2019-03-27 Regulation FD, Other Events, Exhibits
8-K 2019-02-28 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-27 Earnings, Exhibits
8-K 2019-02-26 Other Events
8-K 2019-02-21 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-01-28 Enter Agreement, Regulation FD, Exhibits
8-K 2018-12-18 Officers, Other Events
8-K 2018-12-17 Regulation FD
8-K 2018-10-31 Earnings, Other Events, Exhibits
8-K 2018-10-26 Other Events, Exhibits
8-K 2018-10-15 Other Events, Exhibits
8-K 2018-10-07 Enter Agreement, Officers, Regulation FD, Other Events, Exhibits
8-K 2018-09-04 Regulation FD
8-K 2018-08-24 Other Events, Exhibits
8-K 2018-08-24 Other Events, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-07-31 Regulation FD, Exhibits
8-K 2018-05-25 Shareholder Vote
8-K 2018-05-22 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-05-09 Other Events, Exhibits
8-K 2018-05-01 Earnings, Exhibits
8-K 2018-02-28 Earnings, Exhibits
8-K 2018-02-27 Officers
8-K 2018-01-25 Officers, Exhibits
8-K 2018-01-05 Regulation FD, Exhibits

Rowan Companies Financials

RDC Metrics, Comps, Filings

Annual | Quarterly

Business

Rowan Companies plc is a public limited company incorporated under the laws of England and Wales and listed on the NYSE. The terms "Rowan," "Rowan plc," "Company," "we," "us" and "our" are used to refer to Rowan plc and its consolidated subsidiaries, unless the context otherwise requires. Intercompany balances and transactions have been eliminated in consolidation.

We are a global provider of offshore contract drilling services to the oil and gas industry, with a focus on ultra-deepwater drillships and high-specification and premium jack-up rigs. Many of our high specification jack-up rigs are also rated for operating in harsh environments. Our fleet operates worldwide, including the US GOM, Mexico, Central and South America, the U.K. and Norwegian sectors of the North Sea, the Middle East and the Mediterranean Sea. We currently operate in three segments: Deepwater, Jack-ups and ARO, our 50/50 joint venture with Saudi Aramco. The Deepwater segment includes four ultra-deepwater drillships. The Jack-ups segment is composed of 21 self-elevating jack-up rigs and includes the impact of the various arrangements with ARO (see Note 4 of the "Consolidated Financial Statements" in Part II, Item 8 of this Annual Report for more information. The information discussed therein is incorporated by reference into this Part I, Item 1.) ARO currently owns a fleet of seven self-elevating jack-up rigs for operation in the Arabian Gulf for Saudi Aramco. ARO has plans to order up to 20 new jack-up rigs over the next 10 years.

As of February 13, 2019, the date of our most recent Fleet Status Report, two of our four drillships were contracted in the US GOM, one was contracted in Mexico and the remaining drillship was marketed without a contract in the US GOM. For our jack-up fleet, we had four rigs under contract in the North Sea, one rig under contract in the Mediterranean Sea, three under contract in Central and South America and two under contract in the US GOM. In the Middle East, we had nine jack-ups leased to ARO to fulfill nine, three-year contracts between Saudi Aramco and ARO, two of which are expected to commence in the first half of 2019. Additionally, we own two jack-up rigs which are cold stacked.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Wildhorse Resource Development (WRD) 1,458 0% 5.4 5% 3,255 1,516 1,044 0 147 483 2,634
Callon Petroleum (CPE) 1,456 0% 5.2 6% 3,915 1,432 643 0 230 487 2,545
CNX Resources (CNX) 1,411 0% 3.6 4% 9,147 4,047 1,716 0 377 1,088 3,874
QEP Resources (QEP) 1,407 0% -40.4 -13% 5,504 376 296 0 -690 -82 3,308
SM Energy (SM) 1,388 69% 8.1 1% 6,392 3,590 1,600 1,107 47 171 1,382
SRC Energy (SRCI) 1,218 98% 3.8 9% 2,785 1,087 732 718 249 314 1,190
Diamond Offshore Drilling (DO) 1,170 0% -10.7 -5% 5,977 2,578 969 0 -318 -280 2,998
Par Pacific Holdings (PARR) 1,122 21% 7.5 4% 2,672 2,013 4,390 908 97 225 1,686
Rowan Companies (RDC) 1,093 0% 17.6 -4% 8,118 3,083 825 0 -347 146 2,577
California Resources (CRC) 984 0% 6.6 6% 7,032 7,440 2,829 0 434 931 6,117
Pacific Drilling (PACD) 975 0% 149.2 -1% 2,748 1,129 28 0 -27 11 1,626
Seadrill (SDRL) 948 0% 10,848 7,775 0 0 0 0 6,031
Nabors (NBR) 942 36% -15.5 -8% 7,515 4,644 3,143 1,117 -570 -268 4,152
Talos Energy (TALO) 912 0% 2.1 12% 2,592 1,594 1,007 0 305 735 1,534
Carrizo Oil & Gas (CRZO) 891 0% 3.5 17% 3,635 2,219 771 0 600 746 2,620
Berry Petroleum (BRY) 846 0% 3.6 10% 1,657 704 735 0 167 344 1,251
Geopark (GPRK) 832 0% 863 720 0 0 0 0 832
Gulfport Energy (GPOR) 782 25% 3.0 8% 6,465 2,858 1,556 387 526 981 2,961
Extraction Oil & Gas (XOG) 737 0% 3.1 3% 4,253 2,339 1,014 0 114 732 2,266
Northern Oil & Gas (NOG) 736 88% 6.3 12% 1,494 1,105 725 635 175 252 1,595

Balance Sheet ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash640437150046105321,3321,027
Accounts Receivable2840324525396286196232
Inventory
PP&E3,5794,7935,67907,604035006,5536,201
Assets5,2116,2176,598-10,8337,9374,7087,6327,4458,4588,118
Accounts Payable125117111011192297122
Long-Term Debt8521,1861,1342,0102,0092,8072,0722,6802,5102,511
Liabilities2,1002,4652,272-4,9153,0437553,7142,3313,0723,083
Stockholders' Equity3,1103,7524,326-5,9184,8943,9533,9175,1145,3865,035
Income Statement ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue1,7701,819939-104-10806001,283119
Cost of Revenue
Gross Profit
R&D
SG&A10313388002652810596
Tax13499-60-479373830-52
Net Income368280737181253-115-292-23273-347
Cash Flow ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating54450895-141476645-83300-160
Cash Investing-558-52059256-2100-36565-48-134
Cash Financing431-190-152-115-87-82-840-176-11