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Rowan Companies PLC (RDC.N)

RDC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Rowan Companies' board confirms it intends to seek shareholder approval at annual meeting to renew 5-year share repurchase authorization
Tuesday, 16 May 2017 07:46am EDT 

May 16 (Reuters) - Rowan Companies Plc :Rowan Companies says board confirms it intends to seek shareholder approval at annual meeting to renew 5-year share repurchase authorization - SEC filing.  Full Article

Rowan Companies qtrly earnings per share $0.07
Tuesday, 2 May 2017 06:45am EDT 

May 2 (Reuters) - Rowan Companies Plc :Rowan reports first quarter 2017 results.Q1 revenue $374.3 million versus i/b/e/s view $357.6 million.Rowan companies plc - revenues totaled $374.3 million in q1 of 2017, a decrease of 25% from prior-year quarter.Qtrly earnings per share $0.07.Q1 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.  Full Article

Rowan posts Q4 net loss $0.19 per share
Friday, 24 Feb 2017 06:45am EST 

Rowan Companies Plc : Rowan reports fourth quarter and full-year 2016 results . Q4 revenue $351.8 million versus I/B/E/S view $344.6 million . Rowan Companies Plc - Rowan's revenues were $351.8 million in Q4 of 2016, a decrease of 34 pct from prior-year quarter . Qtrly net loss $0.19 per diluted share .Q4 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.  Full Article

Rowan Companies called for redemption all $92.1 mln of its 5.00% senior notes due 2017 on Jan. 9, 2017
Monday, 9 Jan 2017 04:19pm EST 

Rowan Companies Plc : Rowan Companies Plc - on January 9, 2017 co called for redemption all $92.1 million of its 5.00% senior notes due 2017 - sec filing .Rowan companies - redemption will be effected on February 8, 2017.  Full Article

Rowan prices upsized offering of $500 mln senior notes
Wednesday, 7 Dec 2016 06:45am EST 

Rowan Companies Plc - : Rowan Companies Plc- pricing of an underwritten public offering of $500 million in aggregate principal amount of 7.375 pct senior unsecured notes due 2025 . To use net proceeds to fund recently announced tender offer to purchase for cash up to $750 million aggregate purchase price, among others .Rowan prices upsized public offering of $500 million of senior notes.  Full Article

Rowan announces cash tender offers
Monday, 5 Dec 2016 07:41am EST 

Rowan Companies Plc : Rowan announces cash tender offers .RCI intends to fund tender offers with proceeds from notes offering and cash on hand.  Full Article

Rowan announces public offering of $400 mln of senior notes
Monday, 5 Dec 2016 07:40am EST 

Rowan Companies Plc: Rowan announces public offering of $400 million of senior notes .Rowan Companies Plc - launch of an underwritten public offering of $400 million in aggregate principal amount of senior unsecured notes due 2025.  Full Article

Rowan and Saudi Aramco to contribute $25 mln for working capital needs at formation of new company
Monday, 21 Nov 2016 06:54am EST 

Rowan Companies Plc - : At formation of new company, each of Rowan and Saudi Aramco will contribute US$25 million to be used for working capital needs-SEC filing . Saudi Aramco will be obligated to fund their portion of purchase of up to 20 new build jack-up rigs ratably over ten years . First rig is expected to be delivered as early as 2021 . Partners intend newbuild jack-up rigs will be financed out of available cash from operations, funds available from 3rd party debt financing . If cash from operations not available to fund cost of newbuild jack-up rig,each partner is to contribute funds to buy rigs up to $1.25 billion/partner .Saudi Aramco as a customer will provide drilling contracts to support new company in acquisition of new rigs.  Full Article

Rowan Companies Plc received notice of early termination from Repsol E&P USA Inc
Tuesday, 15 Nov 2016 06:33am EST 

Rowan Companies Plc : Rowan companies plc - received notice of early termination from Repsol E&P USA Inc. Under terms of drilling contract for drillship rowan renaissance . Rowan companies - expects to continue to be paid by repsol on monthly basis through original termination date of April 22, 2017 . Rowan Companies Plc - expects to continue to be paid by repsol on a monthly basis at a rate slightly below current standby rate . Rowan Companies Plc - company plans to reduce manning and warm stack drillship in near term. .Rowan Companies Plc - notice of early termination from Repsol E&P USA Inc. is effective immediately.  Full Article

Rowan companies Q2 adjusted EPS $0.75
Tuesday, 2 Aug 2016 07:00am EDT 

Rowan Companies Plc : Q2 revenue rose 20 percent to $611.9 million . Q2 earnings per share $1.72 .Q2 earnings per share view $0.81, revenue view $495.5 million -- Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Rowan Companies' board confirms it intends to seek shareholder approval at annual meeting to renew 5-year share repurchase authorization

* Rowan Companies says board confirms it intends to seek shareholder approval at annual meeting to renew 5-year share repurchase authorization - SEC filing Source: (http://bit.ly/2pQvFWk) Further company coverage: