RDC News and Press, Rowan Companies plc Class A From 12/03/18

Back in November, I wrote that Rowan (RDC) decided to transfer a contract with Fieldwood Energy from Rowan Reliance to Rowan Resolute to save money on reactivation and focus on finding work for just one drillship, Rowan Relentless, which was on contract with Exxon Mobil (XOM) until December ...

Rowan Cos. ( RDC -0.8% ) says Exxon Mobil ( XOM +1.2% ) has exercised the first two options for its Rowan Relentless drillship for work in the Gulf of Mexico. More news on: Rowan Companies plc, Exxon Mobil Corporation, Energy stocks news, Read more ...

HOUSTON , Dec. 3, 2018 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that ExxonMobil has exercised the first two options for the Rowan Relentless, an R-Class ultra-deepwater drillship.  The options will be used for operations in the U...

Merger activity decreased last week with one new deal announced and one pending deal closing. Deal Statistics: New Deals: The acquisition of Resolute Energy Corporation (REN) by Cimarex (XEC) for $1.6 billion in a cash plus stock deal. Under the terms of the definitive merger agr...

Rowan Companies ( RDC +4% ) rises after Canyon Capital discloses a 6% active stake and says RDC's proposed merger with Ensco ( ESV +3.1% ) "does not attribute adequate value." More news on: Rowan Companies plc, Ensco PLC, Energy stocks news, Stocks on the move, Read more ...

We have already discussed Diamond Offshore's ( DO ) recent fleet status report which contained major contract news, and now it's high time to turn out attention to the company's financial results and comments provided during the quarterly call with analysts. Diamond Offshore reported rev...

Rowan: Drillship Resolute. Business Thesis Rowan Companies ( RDC ) is one of the best offshore drillers that presents a rock-solid balance sheet and a well-diversified fleet as the recent October fleet status is demonstrating. I recommend reading my preceding article about the last compan...

Ensco PLC - Semi-submersible Ensco 5005 Investment thesis Ensco PLC ( ESV ) is one of my long-term offshore driller stocks, together with Transocean ( RIG ). Ensco PLC is a well-diversified offshore driller with a sizeable jack-up fleet representing over 50% of the actual backlog of the ...

Source: Glassdoor Picture: Ensco DS-9 Introduction Ensco PLC ( ESV ) has been, and still is, one of our long-term investments in the offshore drilling segment. The company is well diversified and presents a solid fleet with about 58 rigs comprised of some of the highest-specification and...

Rowan ( RDC +2.4% ) is higher after saying its Rowan Renaissance ultra-deepwater drillship has been awarded a contract for work offshore Mexico by Total ( TOT +2.2% ) with a firm term of one well with an estimated duration of 60 days and three one-well options; the dayrate is not dis...