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$14.62 -1.43 (-8.91%)
11/19/2008 4:04 PM

Rowan Companies, Inc. (RDC)

CAPS Rating:
*****

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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Avatar FringeElement (27.04) Submitted: 2/27/07 3:35 PM : Underperform Start Price: $30.09 RDC Score: 9.55

While this company seems comfortably diversified, it appears to lack focus. There's not clear cut name recognition and no reason, to be seen, for it to suddenly excel and break free of the back. Because it has a little vested in several markets there is no pack that it is running in to break out of and distinguish itself from. They appear profitable, and I hope they provide a solid jobs base for their employees, but I don't see anything to put them out in front of the market on a regular basis.

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