| Rowan Companies is a provider of offshore contract drilling services to the oil and gas industry. Co.'s fleet consists of self-elevating jack-up rigs and ultra-deepwater drillships. Through a joint venture, Co. also owns several self-elevating jack-up rigs. Co.'s fleet operates worldwide, including the U.S. Gulf of Mexico, the U.K. and Norwegian sectors of the North Sea, the Middle East and Trinidad. Co.'s ultra-deepwater drillships are self-propelled vessels equipped with computer-controlled dynamic-positioning systems, which allow them to maintain position without anchors using their onboard propulsion and station-keeping systems. We show 26 historical shares outstanding datapoints in our coverage of RDC's shares outstanding history.|
Understanding the changing numbers of RDC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RDC versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RDC by allowing them to research RDC shares outstanding history
as well as any other stock in our coverage universe.