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Last $30.55 USD
Change Today -0.02 / -0.07%
Volume 2.6K
RNET On Other Exchanges
As of 9:46 AM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

rignet inc (RNET) Snapshot

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52 Week High
07/14/14 - $57.22
52 Week Low
03/16/15 - $25.78
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Current Stock Chart for RIGNET INC (RNET)

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rignet inc (RNET) Details

RigNet, Inc. provides digital technology solutions to the oil and gas industry. The company operates through three segments: Eastern Hemisphere, Western Hemisphere, and Telecoms Systems Integration. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company also offers a communications package of voice, data, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access, as well as other value-added services, such as video conferencing solutions, TurboNet wide area network acceleration solutions, real-time data management solutions, Wi-Fi hotspots and Internet kiosks, wireless intercoms, and handheld radios. In addition, the company offers telecoms systems integration services to design, assemble, install, and commission turn-key solutions for customer telecommunications systems; and Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. Further, it provides microwave and WiMAX networks in the U.S. Gulf of Mexico and the North Sea serving drillers, producers, and energy vessel owners; VSAT services; an M2M SCADA VSAT network services to the pipeline industry; telecommunications systems integration services; and a L-band MSS retail energy services. The company serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 50 countries, including the United States, Brazil, Norway, the United Kingdom, Nigeria, Qatar, Saudi Arabia, Singapore, and Australia. RigNet, Inc. was founded in 2000 and is headquartered in Houston, Texas.

698 Employees
Last Reported Date: 03/2/15
Founded in 2000

rignet inc (RNET) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $451.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $287.1K
Senior Vice President and General Counsel
Total Annual Compensation: $259.0K
Group Vice President of Managed Services
Total Annual Compensation: $260.8K
Compensation as of Fiscal Year 2014.

rignet inc (RNET) Key Developments

RigNet Names Keith Stewart as Vice President – Global Operations, TSI in Aberdeen, Scotland

RigNet, Inc. announced that Keith Stewart has been promoted to the new position of Vice President – Global Operations, RigNet TSI, based in Aberdeen, Scotland.  Stewart is responsible for managing RigNet’s technical resources assigned to Telecommunications Systems Integration (TSI) projects, and for leading RigNet’s related Technical Services and MetOcean businesses. Stewart previously served as RigNet TSI’s director, Projects & Quality.  He has been with RigNet and a predecessor company (Nessco) since 2007.

RigNet, Inc. Hires Brian Moncrief as Director of Supply Chain

RigNet, Inc. announced the launch of its new Global Supply Chain Initiative, and the hiring of Brian Moncrief as director of supply chain to lead the effort.

RigNet, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 01:50 PM

RigNet, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 01:50 PM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Marty Jimmerson, senior vice president and Chief Financial Officer.


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RNET:US $30.55 USD -0.02

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Industry Average

Valuation RNET Industry Range
Price/Earnings 43.3x
Price/Sales 1.6x
Price/Book 3.9x
Price/Cash Flow 12.4x
TEV/Sales 1.2x

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