News: Rowan Companies PLC (RDC.N)

RDC.N on New York Stock Exchange

21.43USD
4:03pm EDT
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$-0.06 (-0.28%)
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Fri, Feb 27 2015

UPDATE 2-Rowan says expects Saudi Aramco to keep employing its rigs

* Shares rise as much as 5.5 pct (Adds details from conference call, background, shares)

Driller Rowan reports quarterly loss on impairment charge

Feb 27 - Contract driller Rowan Cos Plc reported a quarterly loss compared with a profit a year earlier, as it wrote down the value of 12 of its oldest jack-up rigs by $438.4 million.

UPDATE 1-Rowan's profit beats estimates as jackup rig rates rise

Nov 5 - Contract driller Rowan Cos Plc reported better-than-expected quarterly revenue and profit, helped by higher rates for its jackup rigs.

Contract driller Rowan's profit doubles on higher rates

Nov 5 - Contract driller Rowan Companies Plc's third-quarter profit more than doubled, helped by higher rates for its rigs and an income tax benefit.

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