CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 


Rowan Companies Plc  (RDC)
Other Ticker:  
 
    Sector  Energy    Industry Oil Well Services & Equipment
 
 
 

Rowan Companies Plc's Suppliers Performance

RDC's Supply Chain


 
RDC Costs vs Sales of Suppliers Growth
You need to upgrade your Flash Player


Rowan Companies Plc's Suppliers recorded increase in sales by 6.76 % year on year in Q1 2017, sequentially sales grew by 16.58 %, Rowan Companies Plc recorded increase in cost of sales by 172.23 % year on year, compare to one quarter ago cost of sales fell by -61.22 % in Q1.

More on RDC Suppliers




Rowan Companies Plc's Comment on Supply Chain


We had four ultra-deepwater drillships under construction at Hyundai Heavy Industries Co. Ltd.'s shipyard in Ulsan, South Korea, at a cost of approximately $2.9 billion. Although there is certain insurance coverage and financial and bank guarantees associated with the drillship construction contracts, in the event Hyundai is, for any reason, unable to perform under its agreements, there may be a material adverse effect on our results of operations, financial condition and cash flows.

From time to time in the future, we may also undertake additional new construction projects. In addition, we may make significant upgrade, refurbishment and repair expenditures for our fleet from time to time, particularly as our drilling units age.

Initial operations of new drilling units and mobilization of existing units often result in delays and other complications that could result in significant unexpected costs, uncompensated downtime, reduced day rates or the cancellation or termination of drilling contracts.

Some of the costs associated with construction projects, upgrades, enhancements, conversions, mobilizations and repairs of drilling units could be unplanned and are subject to risks of cost overruns or delays as a result of numerous factors, including the following:


shipyard unavailability;

shortages of equipment, materials or skilled labor for completion of repairs or upgrades to our equipment;unscheduled delays in the delivery or cost increases of materials and equipment or in shipyard construction;

failure of equipment to meet quality or performance standards;

loss of or damage to essential equipment while in transit;

financial or operating difficulties experienced by equipment vendors or the shipyard;

unanticipated actual or purported change orders;

local customs strikes or related work slowdowns that could delay importation of equipment or materials;

engineering problems, including those relating to the commissioning of newly designed equipment;

design or engineering changes;

latent damages or deterioration to the hull, equipment and machinery in excess of engineering estimates and assumptions;

work stoppages;

client acceptance delays;

weather interference, storm damage or other events of force majeure;

disputes with shipyards and suppliers;

shipyard failures and difficulties;

failure of third-party equipment vendors or service providers;

unanticipated cost increases, including relating to raw materials used in construction of our drilling units; and

difficulty in obtaining necessary permits or approvals or in meeting permit or approval conditions.
These factors may contribute to cost variations and delays in the delivery of our ultra-deepwater newbuild drillships or upgrade projects. Delays in the delivery of these drillships or other drilling units or the inability to complete construction in accordance with their design specifications may, in some circumstances, result in a delay in contract commencement, resulting in a loss of revenue to us, and may also cause customers to renegotiate, terminate or shorten the term of a drilling contract pursuant to applicable late delivery clauses. In the event of termination of one of these contracts, we may not be able to secure a replacement contract on as favorable terms or at all. Additionally, capital expenditures for upgrades, refurbishment and construction projects could materially exceed our planned capital expenditures. Moreover, our drilling units that may undergo upgrade, refurbishment or repair may not earn a day rate during the periods they are out of service. In addition, in the event of a shipyard failure or other difficulty, we may be unable to enforce certain provisions under our newbuild contracts such as our contractual rights to recover amounts paid as installments under such contracts. The occurrence of any of these events may have a material adverse effect on our results of operations, financial position or cash flows.



   
RDC's Suppliers Net Income grew by RDC's Suppliers Net margin grew in Q1 to
2.63 %
   


Rowan Companies Plc's Suppliers Sales Growth in Q1 2017 by Industry

Suppliers in Iron & Steel Industry      20.83 %
Suppliers in Miscellaneous Fabricated Products Industry -51.47 %   
Suppliers in Construction Raw Materials Industry      10.52 %
Suppliers in Construction & Mining Machinery Industry      2.06 %
Suppliers in Industrial Machinery and Components Industry      8.28 %
Suppliers in Oil And Gas Production Industry -41.41 %   
Suppliers in Oil Well Services & Equipment Industry      2.75 %
Suppliers in Insurance Brokerage Industry      15.67 %
Suppliers in Property & Casualty Insurance Industry -0.17 %   
Suppliers in Marine Transportation Industry      147.4 %
     
• RDC Suppliers Valuation • RDC Segment Rev. Growth • RDC Segment Inc. Growth • RDC Suppliers Mgmt. Effect.


You need to upgrade your Flash Player



CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2017 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com