Last $40.45 USD
Change Today -0.35 / -0.86%
Volume 167.9K
RNET On Other Exchanges
As of 5:20 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

rignet inc (RNET) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/6/14 - $59.06
52 Week Low
10/8/13 - $35.28
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for RIGNET INC (RNET)

rignet inc (RNET) Related Bloomberg News

View More Bloomberg News

rignet inc (RNET) Related Businessweek News

No Related Businessweek News Found

rignet inc (RNET) Details

RigNet, Inc. provides network infrastructure services for the remote communications needs of the oil and gas industry. The company operates through three segments: Americas, Europe/Africa, and Middle East/Asia Pacific. 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 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. The company also offers Secure Oil Information Link, a managed members-only communications network hub that enables collaborative partners, suppliers, and customers to transfer and share data. In addition, RigNet 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. It serves the owners and operators of offshore drilling rigs and production facilities, land rigs, remote offices, and supply bases in approximately 45 countries, including the United States, Brazil, Norway, the United Kingdom, Nigeria, Qatar, Saudi Arabia, Singapore, and Australia. The company was founded in 2000 and is headquartered in Houston, Texas.

481 Employees
Last Reported Date: 03/7/14
Founded in 2000

rignet inc (RNET) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $365.4K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $276.3K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $273.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $182.6K
Group Vice President of Western Hemisphere
Total Annual Compensation: $221.0K
Compensation as of Fiscal Year 2013.

rignet inc (RNET) Key Developments

RigNet, Inc. Names Pal Jensen as Vice President -- Energy Maritime

RigNet, Inc. announced that Pål Jensen has been named to the position of vice president -- Energy Maritime. Initially based in Oslo, Norway, Jensen will be responsible for leading RigNet's business of providing remote communications solutions to maritime vessels operating in upstream oil and gas around the globe. Jensen's most recent executive position was as president of the Maritime Division at Harris CapRock Communications.

RigNet, Inc. Presents at Pareto Securities 21st Annual Oil & Offshore Conference, Sep-11-2014 08:55 AM

RigNet, Inc. Presents at Pareto Securities 21st Annual Oil & Offshore Conference, Sep-11-2014 08:55 AM. Venue: Holmenkollen Park Hotel, Oslo, Oslo, Norway. Speakers: Mark B. Slaughter, Chief Executive Officer, President and Director.

RigNet, Inc. Appoints Sheldon Mundle as Vice President and Chief Information Officer

RigNet, Inc. announced that Sheldon Mundle has been named to the new position of Vice President and Chief Information Officer (CIO). Based at RigNet's Houston headquarters, Mundle will plan and lead the company's information technology (IT) systems strategy and implementation in support of the Company's growth objectives and focus on maintaining the higher levels of network reliability and customer satisfaction. His most recent executive position was as the SVP and CIO at BTC (a Cable & Wireless Telecom company), where he was responsible for the IT department during a significant business transformation period and supported that company's mission of providing quality communication services to governments, small and medium-sized businesses and private consumers.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RNET:US $40.45 USD -0.35

RNET Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Avid Technology Inc $10.10 USD -0.02
Evertz Technologies Ltd C$16.89 CAD +0.14
EVS Broadcast Equipment SA €27.62 EUR +0.06
Harmonic Inc $6.34 USD -0.11
Orion HealthCorp Inc $0.0030 USD 0.00
View Industry Companies

Industry Analysis


Industry Average

Valuation RNET Industry Range
Price/Earnings 46.8x
Price/Sales 2.6x
Price/Book 5.2x
Price/Cash Flow 17.7x
TEV/Sales 2.1x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RIGNET INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at