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. The RDC average annual return 10 years is shown above.
The Average Annual Return on the RDC average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RDC average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RDC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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