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HOUSTON , Jan. 2, 2019 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced that the Rowan Gorilla VI (a Super Gorilla class jack-up) has been extended by Shell in Trinidad. The rig will continue its current drilling program until approximately March ...
On Monday, December 24, 2018, offshore drilling contractor Rowan Companies ( RDC ) announced that it has secured two new offshore drilling contracts. This continues the recent streak that we have been seeing of contract awards across the offshore drilling industry. It also shows us that Rowa...
Ensco (NYSE: ESV ) slides after a Piper note suggests Rowan (NYSE: RDC ) shareholders might be less likely to approve the deal after the recent selloff. More news on: Ensco PLC, Rowan Companies plc, Energy stocks news, Stocks on the move, Read more ...
What do you expect to be the key driver of stock market performance in 2019? If you focus on a specific asset class, please address that. I expect that earnings will be the ultimate driver for the overall stock market ( SPY ) performance in 2019. There is always a lot of noise around the s...
Rowan ( RDC ) shares were hit very hard in the recent sell-off in the offshore drilling industry. The stock, which briefly went above $20.00 following the news of merger with Ensco ( ESV ), dipped to $8.00 in less than three months. In this article, which continues the discussion on offshore...
Rowan Companies (NYSE: RDC ) says it has been awarded contracts for two of its jack-up drilling rigs. More news on: Rowan Companies plc, Energy stocks news, Read more ...
HOUSTON , Dec. 24, 2018 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced that the Ralph Coffman, a 240-C Class harsh environment jack-up rig, has been awarded a 180-day contract in Trinidad . The contract is expected to commence in April of 2019....
Hornbeck Offshore ( HOS ) shares have recently taken a major beating due to oil price weakness, general market nervousness, and year-end selling. As a result, the company's shares dived from $6 in October to under $1.50 now. The next year, the company's fate will be determined. Without further...
On Tuesday, Dec. 18, Rowan Companies ( RDC ) announced that it received a new contract for the Ralph Coffman harsh-environment jack-up rig. This is the latest in a string of contract announcements that we have seen from a variety of offshore drilling contractors. The fact that this contrac...
It has become something of a tradition for me to publish a monthly update on the dayrate and utilization trends in the offshore drilling industry. The reason for this is because understanding these trends can help investors know what the overall business environment is exerting on the companie...
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LONDON , Nov. 26, 2019 /PRNewswire/ -- Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today announced that, in connection with the Board's ongoing refreshment program, Frederick Arnold has been appointed to the Valaris Board of Directors, effective immediately. Mr. Arnold...
NEW YORK , April 4, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, April 11 : S&P SmallCap 600 constituent Semtech Corp. (NASD: SMTC) will re...
HOUSTON , March 27, 2019 /PRNewswire/ -- Rowan Companies plc (NYSE: RDC) ("Rowan" or the "Company") today announced that it has received clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for its pending combination with Ensco plc (NYSE: ESV) ("Ensc...