Contract driller Rowan Companies Plc (RDC)'s third-quarter profit more than doubled, helped by higher rates for its rigs and an income tax benefit.
The company's net income rose to $119.6 million, or 96 cents per share, in the quarter ended Sept. 30, from $51.9 million, or 42 cents per share, a year earlier.
Revenue rose about 22 percent to $467.7 million.
Reporting by Narottam Medhora
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