| Business Summary | | Rowan
Companies,
Inc.
is
a
provider
of
international
and
domestic
contract
drilling
and
aviation
services.
Rowan
also
operates
a
mini-steel
mill,
a
manufacturing
facility
that
produces
heavy
equipment
for
the
mining,
timber
and
transportation
industries,
and
a
marine
construction
division
that
designs
and
builds
mobile
offshore
jack-up
drilling
rigs.
Rowan
provides
contract
drilling
services
utilizing
a
fleet
of
22
self-elevating
mobile
offshore
drilling
platforms
(jack-up
rigs),
one
mobile
offshore
floating
platform
(semi-submersible
rig)
and
14
land
drilling
rigs.
Rowan's
drilling
operations
are
conducted
primarily
in
the
Gulf
of
Mexico,
the
North
Sea,
offshore
eastern
Canada
and
in
Texas
and
Louisiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RDC
is
an
international
and
domestic
provider
of
contract
drilling
and
aviation
services.
RDC
also
operates
a
mini-steel
mill
and
a
manufacturing
facility
that
produces
heavy
equipment
for
the
mining,
transportation
and
timber
industries.
For
the
six
months
ended
6/30/01,
revenues
rose
49%
to
$403.9
million.
Net
income
totaled
$66
million,
up
from
$17.2
million.
Results
reflect
an
improvement
in
aviation
operations
and
higher
operating
profit
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| C. Palmer, 66 Chairman,
Pres and CEO | $2.1M | $148K | R. Croyle, 58 Exec.
VP | 465K | 1.4M | D. McNease, 49 Exec.
VP, Drilling | 465K | -- | E. Thiele, 61 Sr.
VP, Fin., Admin. and Treasurer | 337K | 147K | Mark Keller, 48 Sr.
VP of Marketing | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|