Rowan posts loss; pledges turnaround
Petroleum News Houston staff
Rowan Cos., although incurring another loss in the 2003 second quarter, said the quarter represented a “dramatic turnaround” in its effort to return the drilling company to profitability.
The Houston-based contractor weighed in July 15 with a second-quarter loss of $6.6 million or 7 cents per share....
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