RDC earnings call for the period ending December 31, 2018.
News & Analysis: Rowan Companies
Shares of Ensco and Rowan declined by more than one-third last month. Was it really that bad of a month?
RDC earnings call for the period ending ???? ??, ????
Rising crude oil prices and falling offshore development costs could help this struggling industry recover.
Continued pressure on oil prices and, by default, rig companies sent shares of Rowan plummeting in January, but a suspension of the dividend actually gave shares a bump.
Low oil prices dragged down offshore drillers in general, but these three fundamentally solid companies could be particularly vulnerable to a takeover.
Two oil and gas drillers, and one high-tech mainstay, finish as the three worst performers in the stock market today
Do Westport Innovations, Threshold Pharmaceuticals, and and Rowan Cos. deserve a second chance? You be the judge!
Seadrill has been able to secure many of the available contracts for floating rigs, but its $300 million contract signing for its jackup fleet might make the other side of the rig industry nervous as well