5 Dec 2016securities registration● Neutral
ROWAN COMPANIES PLC filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
21 Nov 2016material agreement● NeutralMajor
On November 21, 2016 Rowan and Saudi Aramco signed a Shareholders' Agreement for a 50/50 joint venture to own and run offshore drilling rigs in Saudi Arabia, expected to start in Q2 2017. Rowan will contribute three rigs and its local shore-based operations at the start and two more in late 2018, with each partner putting in $25 million of working capital. Each partner is also obliged to fund up to 20 newbuild jack-ups over ten years, capped at $1.25 billion per partner. Rigs contributed get contracts totalling 15 years, repriced every three years. Rowan's other Saudi rigs would be managed by the venture until their contracts end. This changes how Rowan's long-running Aramco business is held.
1 Nov 2016quarterly activities report● Neutral
ROWAN COMPANIES PLC reported quarterly revenue of $379.4 million and net income of $5.5 million for the period ended 2016-09-30.
1 Nov 2016quarterly activities report● Neutral
ROWAN COMPANIES PLC reported quarterly revenue of $379.4 million and net income of $5.5 million for the period ended 2016-09-30.
5 Oct 2016director interest notice● Neutral
ROWAN COMPANIES PLC EVP, General Counsel & CAO Melanie Montague Trent had 275 shares withheld for taxes on vesting stock.
23 Aug 2016director interest notice● Neutral
Charles L Szews became a ROWAN COMPANIES PLC director and company insider (initial ownership filing).
23 Aug 2016director interest notice● Neutral
ROWAN COMPANIES PLC director Charles L Szews received a stock option grant for 8,838 shares.
23 Aug 2016substantial holder notice● Neutral
Blue Harbour Group, LP, Blue Harbour Holdings, LLC, Clifton S. Robbins reported a ROWAN COMPANIES PLC shareholding of 9,992,812 shares (7.97% of votes) in a periodic institutional filing.
2 Aug 2016quarterly activities report● Neutral
ROWAN COMPANIES PLC reported quarterly revenue of $611.8 million and net income of $216.7 million for the period ended 2016-06-30.
2 Aug 2016quarterly activities report● Neutral
ROWAN COMPANIES PLC reported quarterly revenue of $611.8 million and net income of $216.7 million for the period ended 2016-06-30.
10 May 2016substantial holder notice● Neutral
The Vanguard Group reported a ROWAN COMPANIES PLC shareholding of 12,823,850 shares (10.22% of votes) in a periodic institutional filing.
9 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC Chief Accounting Officer Dennis S Baldwin received 11,020 shares as part of the equity award.
4 May 2016quarterly activities report● Neutral
ROWAN COMPANIES PLC reported quarterly revenue of $500.2 million and net income of $122.8 million for the period ended 2016-03-31.
4 May 2016quarterly activities report● Neutral
ROWAN COMPANIES PLC reported quarterly revenue of $500.2 million and net income of $122.8 million for the period ended 2016-03-31.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director Jack B Moore received a stock option grant for 10,755 shares.
2 May 2016director interest notice● Neutral
Jack B Moore became a ROWAN COMPANIES PLC director and company insider (initial ownership filing).
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director John J Quicke received 10,755 shares as part of the equity award.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director P Dexter Peacock received a stock option grant for 10,755 shares.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director Tore I Sandvold received 10,755 shares as part of the equity award.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director William T Fox III exercised stock options for 54,586 shares and disposed of 81,879 shares.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director Graham Hearne received 10,755 shares as part of the equity award.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC Executive Chairman W Matt Ralls had 59,057 shares withheld for taxes on vesting stock.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director Suzanne P Nimocks received a stock option grant for 10,755 shares.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director Thomas R Hix received 10,755 shares as part of the equity award.
2 May 2016director interest notice● Neutral
ROWAN COMPANIES PLC director William E Albrecht received 10,755 shares as part of the equity award.
27 Apr 2016director interest notice● Neutral
ROWAN COMPANIES PLC President & CEO Thomas Peter Burke had 2,073 shares withheld for taxes on vesting stock.
27 Apr 2016director interest notice● Neutral
ROWAN COMPANIES PLC Executive Chairman W Matt Ralls had 40,266 shares withheld for taxes on vesting stock.
16 Feb 2016substantial holder notice● Neutral
Citadel Advisors LLC, Citadel Advisors Holdings II LP, Citadel GP LLC, Kenneth Griffin reported a ROWAN COMPANIES PLC shareholding of 1.70% of votes in a periodic institutional filing.
11 Feb 2016substantial holder notice● Neutral
Mackenzie Financial Corporation reported a ROWAN COMPANIES PLC shareholding of 7,678,219 shares (6.20% of votes) in a periodic institutional filing.
10 Feb 2016substantial holder notice● Neutral
The Vanguard Group reported a ROWAN COMPANIES PLC shareholding of 8,729,085 shares (6.99% of votes) in a periodic institutional filing.