Type: Public
On the web: http://www.rowancompanies.com
Employees: 5,217
Employee growth: 7.7%

Where does a gorilla drill for oil? Anywhere it wants if it is one of Rowan Companies' Gorilla-class heavy-duty offshore drilling rigs. Rowan performs contract drilling of oil and gas wells. Its fleet consists of almost 30 jack-up rigs. The company performs contract drilling primarily in the US (which accounts for about 55% of revenues), as well as the Middle East, Mexico, and the North Sea. Rowan seeks to maintain its competitive edge by beefing up its current fleet of drilling rigs. It has rigs with a drilling capacity of 35,000 feet in water of 550 feet depth, although the new ultra-deepwater rigs will drill down to 40,000 feet in water depths of 12,000 feet.

Key numbers for fiscal year ending December, 2010:
Sales: $1,819.2M
One year growth: 2.8%
Net income: $280.0M
Income growth: (23.8%)

Officers:
Chairman: Henry E. (Jack) Lentz Jr.
President, CEO and Director: W. Matthew (Matt) Ralls
SVP, CFO, and Treasurer: William H. Wells

Competitors:
Diamond Offshore
Ensco
Transocean

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