About Ocean Rig UDW (NASDAQ:ORIG)
Ocean 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
Capitalization:- Market Cap: $2.19 billion
- Outstanding Shares: 82,586,000
Average Prices:- 50 Day Moving Avg: $606.41
- 200 Day Moving Avg: $1,528.31
- 52 Week Range: $0.07 - $26,611.66
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -8.25
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $1.28 billion
- Price / Sales: 1.71
- Book Value: $0.13 per share
- Price / Book: 203.62
Profitability:Debt:Misc:- Average Volume: 761,774 shs.
- Beta: 1.61
- Short Ratio: 2.2
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."
When did Ocean Rig UDW's stock split? How did Ocean Rig UDW's stock split work?
Ocean Rig UDW shares reverse split on Friday, September 22nd 2017. The 1-9200 reverse split was announced on Tuesday, September 19th 2017. The number of shares owned by shareholders was adjusted after the market closes on Thursday, September 21st 2017. An investor that had 100 shares of Ocean Rig UDW stock prior to the reverse split would have 0 shares after the split.
How were Ocean Rig UDW's earnings last quarter?
Ocean Rig UDW Inc. (NASDAQ:ORIG) posted its quarterly earnings results on Wednesday, December, 14th. The company reported $4,324.00 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5,152.00 by $828.00. The business had revenue of $335.04 million for the quarter, compared to the consensus estimate of $342.14 million. The firm's revenue for the quarter was down 23.4% compared to the same quarter last year. During the same period in the prior year, the business posted $5,336.00 EPS. View Ocean Rig UDW's Earnings History.
Who are some of Ocean Rig UDW's key competitors?
Some companies that are related to Ocean Rig UDW include CES Energy Solutions Corp (CEU), Noble Corporation (NE), Halcon Resources Corporation (HK), Ring Energy (REI), SandRidge Energy (SD), Geopark Ltd (GPRK), Trinidad Drilling (TDG), Independence Contract Drilling (ICD), Cathedral Energy Services Ltd (CET), Magnum Hunter Resources Corp (MHR), North Atlantic Drilling (NADL), Progress Energy (PGN), Breitburn Energy Partners LP (BBEP), Hercules Offshore Com (HERO) and Vanguard Natural Resources (VNR).
Who owns Ocean Rig UDW stock?
Ocean Rig UDW's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include
ELLIOTT ASSOCIATES, L.P.
(13.90%),
BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC
(10.90%),
BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC
(10.90%),
ECONOMOU GEORGE
(9.40%) and
AVENUE CAPITAL MANAGEMENT II, L.P.
(7.70%). View Institutional Ownership Trends 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 $26.47.
MarketBeat Community Rating for Ocean Rig UDW (NASDAQ ORIG)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.
Consensus Ratings for Ocean Rig UDW (NASDAQ:ORIG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | N/A |
Consensus Price Target History for Ocean Rig UDW (NASDAQ:ORIG)
Analysts' Ratings History for Ocean Rig UDW (NASDAQ:ORIG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/23/2017 | DNB Markets | Upgrade | Hold -> Buy | | N/A |  |
| 8/16/2016 | Deutsche Bank AG | Downgrade | Buy -> Hold | $36,800.00 -> $9,200.00 | N/A | |
| 6/30/2016 | Evercore ISI | Reiterated Rating | Hold | | N/A | |
| 3/11/2016 | Simmons | Downgrade | Neutral -> Underweight | $9,200.00 -> $5,980.00 | N/A | |
| 3/11/2016 | Piper Jaffray Companies | Downgrade | Neutral -> Underweight | $9,200.00 -> $5,980.00 | N/A | |
| 2/9/2016 | Danske | Downgrade | Sell | | N/A | |
| 1/27/2016 | Clarkson Capital | Reiterated Rating | Neutral | | N/A | |
| 1/27/2016 | Nordea Equity Research | Downgrade | Sell | | N/A | |
| 1/13/2016 | Seaport Global Securities | Downgrade | Accumulate -> Neutral | $15,640.00 -> $11,960.00 | N/A | |
| 12/10/2015 | Barclays PLC | Lower Price Target | Underweight | $27,600.00 -> $18,400.00 | N/A | |
| 12/3/2015 | Raymond James Financial, Inc. | Reiterated Rating | Market Perform | | N/A | |
(Data available from 10/24/2015 forward)
Earnings History for Ocean Rig UDW (NASDAQ:ORIG)Earnings History by Quarter for Ocean Rig UDW (NASDAQ ORIG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/14/2016 | Q316 | $5,152.00 | $4,324.00 | $342.14 million | $335.04 million | View | N/A | |
| 8/11/2016 | Q216 | $6,624.00 | $16,836.00 | $376.45 million | $452.60 million | View | N/A | |
| 5/19/2016 | Q116 | $6,624.00 | $10,764.00 | $424.66 million | $508.00 million | View | N/A | |
| 3/8/2016 | Q415 | $7,176.00 | $6,900.00 | $481.15 million | $499.40 million | View | N/A | |
| 12/7/2015 | Q315 | $4,232.00 | $5,336.00 | $433.52 million | $437.20 million | View | N/A | |
| 8/6/2015 | Q215 | $2,484.00 | $4,968.00 | $423.84 million | $433.22 million | View | N/A | |
| 5/11/2015 | Q115 | ($460.00) | $2,852.00 | $396.44 million | $402.10 million | View | N/A | |
| 2/25/2015 | Q414 | $6,532.00 | $6,072.00 | $487.70 million | $499.40 million | View | N/A | |
| 11/5/2014 | Q314 | $6,440.00 | $8,832.00 | $491.80 million | $328.51 million | View | N/A | |
| 8/5/2014 | Q413 | $3,680.00 | $4,876.00 | $418.11 million | $441.43 million | View | N/A | |
| 5/22/2014 | Q313 | ($184.00) | ($92.00) | $333.07 million | $360.80 million | View | N/A | |
| 2/18/2014 | Q213 | $1,472.00 | $2,760.00 | $315.68 million | $345.50 million | View | N/A | |
| 11/4/2013 | Q113 | $1,748.00 | $2,760.00 | $292.07 million | $328.51 million | View | N/A | |
| 8/7/2013 | Q2 2013 | | $2,668.00 | $251.03 million | $259.80 million | View | N/A | |
| 5/22/2013 | Q1 2013 | ($1,656.00) | $460.00 | $224.68 million | $246.40 million | View | N/A | |
| 3/6/2013 | Q412 | ($3,128.00) | ($1,932.00) | $232.90 million | $237.66 million | View | N/A | |
| 11/14/2012 | Q312 | $2,300.00 | $1,932.00 | $278.61 million | $226.04 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ocean Rig UDW (NASDAQ:ORIG)2017 EPS Consensus Estimate: $0.83
2018 EPS Consensus Estimate: ($2.70)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.64 | $0.64 | $0.64 |
| Q2 2017 | 1 | $0.38 | $0.38 | $0.38 |
| Q3 2017 | 1 | ($0.12) | ($0.12) | ($0.12) |
| Q4 2017 | 1 | ($0.07) | ($0.07) | ($0.07) |
| Q1 2018 | 1 | ($0.16) | ($0.16) | ($0.16) |
| Q2 2018 | 1 | ($0.44) | ($0.44) | ($0.44) |
| Q3 2018 | 1 | ($1.00) | ($1.00) | ($1.00) |
| Q4 2018 | 1 | ($1.10) | ($1.10) | ($1.10) |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Ocean Rig UDW (NASDAQ ORIG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/12/2015 | quarterly | $1,748.00 | 8.24% | 5/20/2015 | 5/22/2015 | 6/2/2015 |
| 2/26/2015 | quarterly | $1,748.00 | 10% | 3/6/2015 | 3/10/2015 | 3/23/2015 |
| 10/20/2014 | quarterly | $1,748.00 | 5.55% | 10/29/2014 | 10/31/2014 | 11/11/2014 |
| 7/21/2014 | quarterly | $1,748.00 | 4.14% | 7/30/2014 | 8/1/2014 | 8/11/2014 |
| 5/8/2014 | quarterly | $1,748.00 | | 5/16/2014 | 5/20/2014 | 5/30/2014 |
(Data available from 1/1/2013 forward)
Insider Trading History for Ocean Rig UDW (NASDAQ:ORIG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Ocean Rig UDW (NASDAQ:ORIG)
Latest Headlines for Ocean Rig UDW (NASDAQ:ORIG)
| Source: |
|
Loading headlines, please wait.
Ocean Rig UDW (ORIG) Chart for Tuesday, October, 24, 2017
