Rowan Cos. (RDC) Tops Q4 EPS by 21c

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Go back to Rowan Cos. (RDC) Tops Q4 EPS by 21c

Rowan Reports Fourth Quarter and Full-Year 2015 Results

February 26, 2016 6:00 AM EST

HOUSTON, Feb. 26, 2016 /PRNewswire/ -- For the three months ended December 31, 2015, Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) reported net income of $124.4 million, or $0.99 per share.  The current quarter includes a gain on the sale of the Rowan Louisiana of $6.3 million (after tax), or $0.05 per share, and a $1.0 million loss on extinguishment of debt (after tax), or $0.01 per share.  Excluding the impact of these items, net income as adjusted was $119.1 million, or $0.95 per share, in the fourth quarter of 2015.  For the prior-year quarter, the Company reported a net loss of $326.9... More

Rowan Nominates Jack Moore as a New Director

February 25, 2016 7:00 PM EST

HOUSTON, Feb. 25, 2016 /PRNewswire/ -- Rowan Companies plc ("Rowan" or "Company") (NYSE: RDC) announced that Jack B. Moore has been nominated to stand for election to the Rowan Companies Board of Directors at the annual general meeting of shareholders. Mr. Moore recently retired as Chief Executive Officer from Cameron International Corp. in October 2015, after serving in that role since 2008 and as Chairman of the Board since 2011.

Matt Ralls, Rowan's Chairman of the Board, stated, "We are delighted to nominate Jack today. We are confident that his qualifications and experience... More