Rowan Companies, Inc. (RDC)

RLMcCormickEqty (89.75) Submitted: 3/14/07 2:05 PM : Start Price: $29.51 RDC Score: 24.48

Rowan has been in the oil business for 83 years. They have 20 offshore and 17 onshore drilling rigs. They also operate a steel mill and manufacture drilling rigs and parts, as well as mining loaders and log stackers. Drilling is about two thirds o...

Report this Post Replies: 0 | Reply | Permalink

SLCBARGAINS (76.56) Submitted: 3/01/07 3:01 PM : Start Price: $30.63 RDC Score: 22.26

An offshore driller that has recently underperformed its group. Has a niche with some jackups that can perform in relatively deep water. Some of the best operating cash flows in the offshore group.

Report this Post Replies: 0 | Reply | Permalink

accudean (66.49) Submitted: 9/13/06 6:53 PM : Start Price: $32.80 RDC Score: 9.03

The backlog of Oil Services companies is large. Letourneau is part of Rowan. This gives them the edge of being able to deliver rigs and equipment to a site in a timely fashion with limited dependence of subcontractors.

Falling Oil is only a blip ...

Report this Post Replies: 1 | Reply | Permalink

TheGarcipian (99.00) Submitted: 4/06/07 3:23 AM : Start Price: $33.18 RDC Score: 16.00

A great PEG ratio of only 0.28, a low P/E (trailing=12; forward=6.5), and respectable profit margin of 21% and ROE of 18%, this stock has room to move upwards this year. It seems to have bottomed out (establishing a floor at $30/share) and boasts a l...

Report this Post Replies: 0 | Reply | Permalink

murleygraves (< 20) Submitted: 4/11/07 2:28 PM : Start Price: $33.52 RDC Score: -14.55

What about FCF? It´s not that important anymore? Last year this company made 292 million cash flow from operating but needed 479 millions for CAPEX. I know there are some adjustments to be made but, roughly, that´s is
-187 million FCF. Not a o...

Report this Post Replies: 2 | Reply | Permalink

Clirple (25.23) Submitted: 9/20/06 8:45 PM : Start Price: $29.99 RDC Score: 19.32

Well-run company. Record rates for rig rentals. Recently signed big contracts that will generate good income. There's a shortage of rigs that will continue even if oil price drop continues for a while Stock price is small percentage of intrinsic val...

Report this Post Replies: 0 | Reply | Permalink

willish1 (61.51) Submitted: 6/20/07 10:50 AM : Start Price: $40.53 RDC Score: 2.30

Supply of oil low/China's demand high/Rowan an excellent driller that is diversifying its risk by deploying its rigs internationally/Rowan also has its own steel mill so it can contain that additional cost.

Report this Post Replies: 0 | Reply | Permalink

SapphireSeas (75.91) Submitted: 6/18/07 3:08 PM : Start Price: $40.29 RDC Score: 2.73

Smaller player, but very well managed. Should profit handsomely as regional and global demand for energy resources intensifies, with new areas of exploration waiting to be tapped. "Rigs are working!", buy and hold long.

Report this Post Replies: 0 | Reply | Permalink

FringeElement (77.21) Submitted: 2/27/07 3:35 PM : Start Price: $30.26 RDC Score: -23.10

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 the...

Report this Post Replies: 0 | Reply | Permalink

ccandme1 (79.06) Submitted: 1/17/07 5:15 PM : Start Price: $30.77 RDC Score: 23.12

RDC is currently undervalued due to the drop in oil and gas prices, but prices will rebound before long, don't bet on oil prices staying low for the long term. They are a strong Company in what they do and they will make a lot of prfit before year en...

Report this Post Replies: 0 | Reply | Permalink