Rowan Companies, Inc.
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Tower Group, Piper Jaffray, Rowan: Attractive Takeover Targets
By Jacob Wolinsky - June 17, 2013 | Tickers: BCS, PJC, RDC, TWGP
Among the many mergers and acquisitions in the stock market, acquirers’ emphasis is almost always on picking up a solid, growing and profitable business with reasonable levels of debt. Tower Group (NASDAQ: TWGPNASDAQ: TWGP)), Piper Jaffray (NYSE: PJC), and Rowan (NYSE: RDC) are examples of such companies. Here is a closer look:
Tower Group’s Stocks Went Up
Bermuda based Tower Group is a global diversified insurance holding company. The stock more »
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A Rundown of 3 Oil Drillers
By Rupert Hargreaves - June 11, 2013 | Tickers: ATW, RDC, SDRL
The oil services sector could be one of the cheapest sectors in the market right now. Many oil-service companies are now trading on earnings multiples less than half of the market average and two of the four oil and gas drillers in the S&P 500 are trading below the value of their assets.
This presents an opportunity for investment; a drilling company that is trading for less than the more »
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Piotroski's Picks
By Rupert Hargreaves - May 30, 2013 | Tickers: CTL, GNW, RDC
By its very nature, value investing is dangerous. Usually, companies that are labelled a value investment are cheaper than their peers because the market is worried about their future and ability to survive. As a result, value investing is a speculative style of investing.
The godfather of value investing, Benjamin Graham, always stated that value investing was fraught with risks, even when using his very strict criteria. Graham realized that more »
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Finding Value in Oil Service Stocks
By Rupert Hargreaves - April 27, 2013 | Tickers: BHI, NBR, NOV, RDC
I'm in this business to make money, I am also a disciple of Benjamin Graham, so naturally I am always on the lookout for stocks that offer deep value, and right now, some of the best value I can find is in oil services stocks, which have been sold off recently due to the falling price of oil.
In practice, the panic selling that has been spurred by the more »
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Hedge Funds Just Bought These Stocks
By Meena Krishnamsetty - February 14, 2013 | Tickers: ASPS, BZH, RDC, TRN
Hedge funds and other major investors file a 13D or a 13G with the SEC when they acquire 5% ownership of a company or later change this position. Since these filings are made relatively quickly, they provide a more or less up-to-date recommendation that investors can research further. While the 5% threshold results in filings being made almost exclusively for small-cap and mid-cap stocks, it’s actually particularly important to more »
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Which Oil Rig Stock Should You Buy?
By Rupert Hargreaves - January 30, 2013 | Tickers: HP, NBR, RDC, RIG
The world will always need more oil, and as the oil fields that are easy to access run dry, the world will have to go to more extreme places to find it. Oil companies are now dependent upon the expertise of professional oil rig companies to run the drilling and extraction operations that they are no longer able to conduct themselves.
But where to invest to play this long term more »
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Three US Energy Companies With Upside Potential
By Federico Zaldua - November 15, 2012 | Tickers: APA, EPD, RDC
Note: A previous version of this article failed to recognize the Rowan Companies previous sale of its equipment manufacturing business.
According to the IMF, the US is expected to grow 2.2% in 2012 and 2.1% in 2013. Plus, I am sure the estimates for 2013 shall be ameliorated by analysts as data on the labor, consumption and construction markets keep coming in. This timid - although existent - recovery is more »
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Digging Up Black Gold with Seadrill
By Ryan Guenette - September 6, 2012 | Tickers: ATW, ESV, RDC, SDRL, RIG
Finding oil and natural gas is becoming harder and harder. Companies are being driven to all-time distances to strike a black gold mine. After all, natural gas and oil are not like trees, as after they take the oil away the companies cannot simply resupply the area. Several companies have been driven offshore in search of oil, with one being Seadrill Limited (NYSE: SDRL). Seadrill is an offshore drilling contractor more »
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How Geopolitical Risk and Hurricane Season Affects Undersea Drillers Differently
By Joshua Bondy - September 5, 2012 | Tickers: ATW, DO, ESV, RDC
Investing in energy resources is very attractive over the long term. The world demand for energy is set to increase while traditional energy sources are decreasing in supply. This situation will produce strong long term prices. The fracking revolution has pushed natural gas prices down but crude oil is still relatively hard to find. With the big fields fields declining even with water injection and other methods companies and nations more »
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The Best of the Best: Diamond Offshore Drilling and Atwood Oceanics
By Alvin Gonzales - May 29, 2012 | Tickers: ATW, DO, ESV, RDC, RIG |
Investing in offshore oil drilling makes sense. The ocean covers 71% of the Earth’s surface (NOAA). If one assumes that the distribution of oil underneath the ocean floor is similar to the distribution of oil found inland, then one can see that there is huge potential in offshore oil drilling.
Additionally, the area of the ocean that can be accessed by current drilling technology is large. Since the average more »
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Price The Market Part 30
By Glen Bradford - January 7, 2012 | Tickers: ATRS, RRC, RDC, SLB, VLO
Hello again, or hello for the first time. You know which one applies to you and I likely do not. Either way, welcome to my journey of pricing the entire S&P500. Can it be done? Nope. That's why I'm doing it.
145. Range Resources Corp (NYSE: RRC) has a chart that looks a lot like a logarithmic chart, meaning that the rate of ascension has been decreasing more »