Ocean Rig UDW Company Profile (NASDAQ:ORIG)

About Ocean Rig UDW (NASDAQ:ORIG)

Ocean Rig UDW logoOcean Rig UDW Inc is a Cyprus-based offshore drilling contractor that provides oilfield services for oil and gas exploration, development and production drilling, and specializes in the ultra-deepwater and harsh-environment segment of the drilling industry. The Company owns and operates approximately 13 offshore ultra deepwater drilling units, comprising of ultra deepwater semisubmersible drilling rigs and ultra deepwater drill-ships. The Company's drilling units include Leiv Eiriksson, Ocean Rig Corcovado, Ocean Rig Poseidon, Ocean Rig Mykonos, Ocean Rig Mylos, Ocean Rig Skyros and Ocean Rig Athena. In addition, the Company, through its wholly owned subsidiary, provides supervisory management services including onshore management to its operating drilling units and drilling units under construction.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ORIG
  • CUSIP: N/A
  • Web: www.ocean-rig.com
Average Prices:
  • 50 Day Moving Avg: $0.23
  • 200 Day Moving Avg: $1.02
  • 52 Week Range: $0.17 - $3.38
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.06
  • P/E Growth: -0.0100
Profitability:
  • Net Margins: 17.34%
  • Return on Equity: 13.09%
  • Return on Assets: 5.78%
Debt:
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 2.50%
  • Quick Ratio: 2.50%
Misc:
  • Average Volume: 2.07 million shs.
  • Beta: 1.78
  • Short Ratio: 4.19
 

Frequently Asked Questions for Ocean Rig UDW (NASDAQ:ORIG)

What is Ocean Rig UDW's stock symbol?

Ocean Rig UDW trades on the NASDAQ under the ticker symbol "ORIG."

How were Ocean Rig UDW's earnings last quarter?

Ocean Rig UDW Inc. (NASDAQ:ORIG) announced its earnings results on Wednesday, December, 14th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.09. The business had revenue of $335.04 million for the quarter, compared to analyst estimates of $342.14 million. Ocean Rig UDW had a net margin of 17.34% and a return on equity of 13.09%. The company's quarterly revenue was down 23.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.58 earnings per share. View Ocean Rig UDW's Earnings History.

Where is Ocean Rig UDW's stock going? Where will Ocean Rig UDW's stock price be in 2017?

2 brokers have issued twelve-month price objectives for Ocean Rig UDW's stock. Their forecasts range from $1.00 to $1.00. On average, they anticipate Ocean Rig UDW's stock price to reach $1.00 in the next twelve months. View Analyst Ratings for Ocean Rig UDW.

Who are some of Ocean Rig UDW's key competitors?

Who owns Ocean Rig UDW stock?

Ocean Rig UDW's stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.00%), Spark Investment Management LLC (0.00%) and KCG Holdings Inc. (0.00%). View Institutional Ownership Trends for Ocean Rig UDW.

Who bought Ocean Rig UDW stock? Who is buying Ocean Rig UDW stock?

Ocean Rig UDW's stock was acquired by a variety of institutional investors in the last quarter, including KCG Holdings Inc. and California Public Employees Retirement System. View Insider Buying and Selling for Ocean Rig UDW.

How do I buy Ocean Rig UDW stock?

Shares of Ocean Rig UDW can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ocean Rig UDW's stock price today?

One share of Ocean Rig UDW stock can currently be purchased for approximately $0.20.


MarketBeat Community Rating for Ocean Rig UDW (NASDAQ ORIG)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  249
MarketBeat's community ratings are surveys of what our community members think about Ocean Rig UDW and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ocean Rig UDW (NASDAQ:ORIG) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $1.00 (389.24% upside)

Analysts' Ratings History for Ocean Rig UDW (NASDAQ:ORIG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/16/2016Deutsche Bank AGDowngradeBuy -> Hold$4.00 -> $1.00N/AView Rating Details
6/30/2016Evercore ISIReiterated RatingHoldN/AView Rating Details
3/11/2016SimmonsDowngradeNeutral -> Underweight$1.00 -> $0.65N/AView Rating Details
3/11/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$1.00 -> $0.65N/AView Rating Details
2/9/2016DanskeDowngradeSellN/AView Rating Details
1/27/2016Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
1/27/2016Nordea Equity ResearchDowngradeSellN/AView Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$1.70 -> $1.30N/AView Rating Details
12/10/2015Barclays PLCLower Price TargetUnderweight$3.00 -> $2.00N/AView Rating Details
12/3/2015Raymond James Financial, Inc.Reiterated RatingMarket PerformN/AView Rating Details
8/17/2015Cowen and CompanyLower Price TargetOutperform$12.00 -> $8.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Ocean Rig UDW (NASDAQ:ORIG)
Earnings by Quarter for Ocean Rig UDW (NASDAQ:ORIG)
Earnings History by Quarter for Ocean Rig UDW (NASDAQ:ORIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/14/2016Q316$0.56$0.47$342.14 million$335.04 millionViewN/AView Earnings Details
8/11/2016Q216$0.72$1.83$376.45 million$452.60 millionViewN/AView Earnings Details
5/19/2016Q116$0.72$1.17$424.66 million$508.00 millionViewN/AView Earnings Details
3/8/2016Q415$0.78$0.75$481.15 million$499.40 millionViewN/AView Earnings Details
12/7/2015Q315$0.46$0.58$433.52 million$437.20 millionViewN/AView Earnings Details
8/6/2015Q215$0.27$0.54$423.84 million$433.22 millionViewN/AView Earnings Details
5/11/2015Q115($0.05)$0.31$396.44 million$402.10 millionViewN/AView Earnings Details
2/25/2015Q414$0.71$0.66$487.70 million$499.40 millionViewN/AView Earnings Details
11/5/2014Q314$0.70$0.96$491.80 million$328.51 millionViewN/AView Earnings Details
8/5/2014Q413$0.40$0.53$418.11 million$441.43 millionViewN/AView Earnings Details
5/22/2014Q313($0.02)($0.01)$333.07 million$360.80 millionViewN/AView Earnings Details
2/18/2014Q213$0.16$0.30$315.68 million$345.50 millionViewN/AView Earnings Details
11/4/2013Q113$0.19$0.30$292.07 million$328.51 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.29$251.03 million$259.80 millionViewN/AView Earnings Details
5/22/2013Q1 2013($0.18)$0.05$224.68 million$246.40 millionViewN/AView Earnings Details
3/6/2013Q412($0.34)($0.21)$232.90 million$237.66 millionViewN/AView Earnings Details
11/14/2012Q312$0.25$0.21$278.61 million$226.04 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ocean Rig UDW (NASDAQ:ORIG)
2017 EPS Consensus Estimate: $0.83
2018 EPS Consensus Estimate: ($2.70)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.64$0.64$0.64
Q2 20171$0.38$0.38$0.38
Q3 20171($0.12)($0.12)($0.12)
Q4 20171($0.07)($0.07)($0.07)
Q1 20181($0.16)($0.16)($0.16)
Q2 20181($0.44)($0.44)($0.44)
Q3 20181($1.00)($1.00)($1.00)
Q4 20181($1.10)($1.10)($1.10)
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Ocean Rig UDW (NASDAQ:ORIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/12/2015quarterly$0.198.24%5/20/20155/22/20156/2/2015
2/26/2015quarterly$0.1910%3/6/20153/10/20153/23/2015
10/20/2014quarterly$0.195.55%10/29/201410/31/201411/11/2014
7/21/2014quarterly$0.194.14%7/30/20148/1/20148/11/2014
5/8/2014quarterly$0.195/16/20145/20/20145/30/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ocean Rig UDW (NASDAQ:ORIG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Ocean Rig UDW (NASDAQ:ORIG)
Latest Headlines for Ocean Rig UDW (NASDAQ:ORIG)
Source:
DateHeadline
americanbankingnews.com logoOcean Rig UDW Inc. (ORIG) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 27 at 9:28 PM
americanbankingnews.com logoOcean Rig UDW Inc. (ORIG) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 27 at 5:08 PM
News IconBRIEF-Ocean rig udw inc says launch of schemes of arrangement
www.businessinsider.com - May 23 at 10:01 AM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Launch of Schemes of Arrangement
finance.yahoo.com - May 23 at 10:01 AM
marketwatch.com logoOcean Rig UDW Inc., Announces Enhanced DrillRig Holdings Inc ("DRH") Scheme Terms and Agreement With an Ad ... - MarketWatch
www.marketwatch.com - May 20 at 12:40 AM
finance.yahoo.com logoOcean Rig UDW Inc., Announces Enhanced DrillRig Holdings Inc ("DRH") Scheme Terms and Agreement With an Ad Hoc Group of Noteholders of the 6.5% Notes Issued by DRH to Sign Up to the Amended Restructuring Support Agreement
finance.yahoo.com - May 19 at 11:51 AM
americanbankingnews.com logoOcean Rig UDW Inc. (ORIG) Expected to Post Quarterly Sales of $297.05 Million
www.americanbankingnews.com - May 10 at 9:46 AM
americanbankingnews.com logoZacks: Analysts Anticipate Ocean Rig UDW Inc. (ORIG) Will Announce Earnings of $0.72 Per Share
www.americanbankingnews.com - May 8 at 8:14 PM
finance.yahoo.com logoOcean Rig UDW Inc., Drillships Financing Holding Inc. and Drillship Ocean Ventures Inc. Announce Satisfaction of Scheme Trigger Date Conditions, Extension of Deadline Relating to Term Loan Early Consent Fee, and Issuance of Claims Trading Protocol. Scheme for Drill Rigs Holdings Inc. May Be Postponed.
finance.yahoo.com - May 8 at 6:31 PM
americanbankingnews.com logoSomewhat Positive News Coverage Very Likely to Affect Ocean Rig UDW (ORIG) Share Price
www.americanbankingnews.com - May 3 at 8:56 PM
seekingalpha.com logoBankrupt Ocean Rig Up 40% - Seeking Alpha
seekingalpha.com - May 3 at 7:59 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Impact Ocean Rig UDW (ORIG) Share Price
www.americanbankingnews.com - April 30 at 6:05 PM
finance.yahoo.com logoImplied Volatility Surging for Ocean Rig UDW LLC (ORIG) Stock Options
finance.yahoo.com - April 28 at 8:08 PM
americanbankingnews.com logoOcean Rig UDW (ORIG) Earns Daily Media Impact Rating of 0.14
www.americanbankingnews.com - April 28 at 1:01 AM
americanbankingnews.com logoShort Interest in Ocean Rig UDW Inc. (ORIG) Declines By 33.4%
www.americanbankingnews.com - April 27 at 7:19 AM
seekingalpha.com logoOcean Rig May Issue Up To 1 Trillion Shares
seekingalpha.com - April 25 at 6:15 PM
finance.yahoo.com logoOcean Rig UDW Inc. Announces the Results of Its 2017 Annual General Meeting of Shareholders
finance.yahoo.com - April 25 at 12:12 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Unlikely to Affect Ocean Rig UDW (ORIG) Stock Price
www.americanbankingnews.com - April 24 at 2:04 PM
americanbankingnews.com logoQ1 2017 Earnings Forecast for Ocean Rig UDW Inc. (ORIG) Issued By Seaport Global Securities
www.americanbankingnews.com - April 24 at 7:19 AM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Extension of DRH Early Consent Deadline
finance.yahoo.com - April 21 at 6:55 PM
americanbankingnews.com logoSomewhat Negative News Coverage Unlikely to Affect Ocean Rig UDW (ORIG) Stock Price
www.americanbankingnews.com - April 21 at 5:55 PM
americanbankingnews.com logoSeaport Global Securities Equities Analysts Reduce Earnings Estimates for Ocean Rig UDW Inc. (ORIG)
www.americanbankingnews.com - April 21 at 9:31 AM
finance.yahoo.com logo[$$] Ocean Rig Is Sheltered From Highland Capital's Litigation Threat
finance.yahoo.com - April 20 at 7:11 PM
americanbankingnews.com logoOcean Rig UDW Inc. (ORIG) Expected to Announce Quarterly Sales of $304.15 Million
www.americanbankingnews.com - April 19 at 9:31 AM
americanbankingnews.com logoOcean Rig UDW (ORIG) Given Daily News Sentiment Score of 0.28
www.americanbankingnews.com - April 18 at 9:15 PM
americanbankingnews.com logoZacks: Analysts Expect Ocean Rig UDW Inc. (ORIG) to Announce $0.64 EPS
www.americanbankingnews.com - April 17 at 10:09 PM
americanbankingnews.com logoPositive News Coverage Very Likely to Effect Ocean Rig UDW (ORIG) Stock Price
www.americanbankingnews.com - April 15 at 2:33 PM
finance.yahoo.com logoSummer Driving to Heat Up Crude: 5 Stocks to Buy
finance.yahoo.com - April 13 at 6:50 PM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Receipt of Nasdaq Notice - Yahoo Finance
finance.yahoo.com - April 12 at 8:00 PM
streetinsider.com logoOcean Rig UDW (ORIG) Engages Fearnley's and Clarksons; Announces Extension of Early Consent Deadline - StreetInsider.com
www.streetinsider.com - April 12 at 8:00 PM
News IconBRIEF-Ocean Rig announces engagement of Fearnley's and Clarksons
www.businessinsider.com - April 11 at 6:56 PM
finance.yahoo.com logoOcean Rig UDW, Inc. :ORIG-US: Earnings Analysis: Q4, 2016 By the Numbers : April 11, 2017
finance.yahoo.com - April 11 at 6:56 PM
finance.yahoo.com logoOcean Rig Announces Engagement of Fearnley's and Clarksons and Extension of Early Consent Deadline
finance.yahoo.com - April 11 at 6:56 PM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Receipt of Nasdaq Notice
finance.yahoo.com - April 10 at 9:55 AM
streetinsider.com logoOcean Rig UDW (ORIG) Announces Over 75% Support for Restructuring Agreement - StreetInsider.com
www.streetinsider.com - April 7 at 11:44 AM
finance.yahoo.com logoOil & Gas Stock Roundup: ConocoPhillips' $13.3B Asset Sale, Exxon's Guyana Oil Find and More
finance.yahoo.com - April 7 at 11:44 AM
finance.yahoo.com logoOcean Rig Announces Over 75% Support for Restructuring Agreement From Holders of the Company's Consolidated Indebtedness
finance.yahoo.com - April 7 at 11:44 AM
seekingalpha.com logoOcean Rig creditor may challenge company’s restructuring plan
seekingalpha.com - April 3 at 6:27 PM
americanbankingnews.com logoOcean Rig UDW Inc. (ORIG) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 31 at 3:46 PM
moodys.com logoDrillships Financing Holding Inc. -- Moody's downgrades Ocean Rig to Ca from Caa2, negative outlook
www.moodys.com - March 31 at 8:58 AM
streetinsider.com logoOcean Rig UDW (ORIG) Receives Nasdaq Delisting Notice
www.streetinsider.com - March 31 at 12:20 AM
us.rd.yahoo.com logoOcean Rig Announces Receipt of Nasdaq Delisting Notice, Application for Hearing and Appeal
us.rd.yahoo.com - March 30 at 7:20 PM
reuters.com logoRig contractor Ocean RIG files for bankruptcy protection in U.S
www.reuters.com - March 29 at 7:48 PM
streetinsider.com logoOcean Rig UDW (ORIG) Announces Comprehensive Deleveraging, Recapitalization Transaction
www.streetinsider.com - March 29 at 9:16 AM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Evolent Health, RXi Pharma ... - Nasdaq
www.nasdaq.com - March 28 at 11:54 PM
seekingalpha.com logoOcean Rig Files For Bankruptcy - Seeking Alpha
seekingalpha.com - March 28 at 11:54 PM
streetinsider.com logoPre-Open Movers 03/28: (PSIX) (CARA) (SB) Higher; (CYRX) (ORIG) (MEET) Lower (more...)
www.streetinsider.com - March 28 at 6:52 PM
us.rd.yahoo.com logoOCEAN RIG UDW INC. Financials
us.rd.yahoo.com - March 28 at 6:52 PM
seekingalpha.com logoOcean Rig files for Chapter 15 bankruptcy protection; shares -60%
seekingalpha.com - March 28 at 9:55 AM
us.rd.yahoo.com logoOcean Rig UDW Inc. Reaches Agreement on Comprehensive Deleveraging and Recapitalization Transaction
us.rd.yahoo.com - March 28 at 9:55 AM

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Chart

Ocean Rig UDW (ORIG) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff