Rowan Companies, Inc. (NYSE:RDC)

CAPS Rating: 3 out of 5

The Company is a provider of international and domestic contract drilling services. It also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries.

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Player Avatar srk85 (< 20) Submitted: 11/24/2008 5:38:52 PM : Outperform Start Price: $15.42 RDC Score: +51.03

Earnings little affected by drop in oil prices, which should position them well when the industry turns around again. 3% yield also a plus.

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