Ocean Rig UDW Company Profile (NASDAQ:ORIG)

About Ocean Rig UDW

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
  • Exchange: NASDAQ
  • Symbol: ORIG
  • CUSIP:
Key Metrics:
  • Previous Close: $0.84
  • 50 Day Moving Average: $1.9103
  • 200 Day Moving Average: $1.7246
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.84
  • P/E Growth: -0.0100
  • Market Cap: $N/A
  • Beta: 1.8
Additional Links:
Companies Related to Ocean Rig UDW:

Analyst Ratings

Consensus Ratings for Ocean Rig UDW (NASDAQ:ORIG) (?)
Ratings Breakdown: 5 Sell Ratings, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $1.03 (22.42% upside)

Analysts' Ratings History for Ocean Rig UDW (NASDAQ:ORIG)
Show:
DateFirmActionRatingPrice TargetDetails
8/16/2016Deutsche Bank AGDowngradeBuy -> Hold$4.00 -> $1.00View Rating Details
6/30/2016Evercore ISIReiterated RatingHoldView Rating Details
3/11/2016SimmonsDowngradeNeutral -> Underweight$1.00 -> $0.65View Rating Details
3/11/2016Piper Jaffray Cos.DowngradeNeutral -> Underweight$1.00 -> $0.65View Rating Details
2/9/2016DanskeDowngradeSellView Rating Details
1/27/2016Clarkson CapitalReiterated RatingNeutralView Rating Details
1/27/2016Nordea Equity ResearchDowngradeSellView Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$1.70 -> $1.30View Rating Details
12/10/2015Barclays PLCLower Price TargetUnderweight$3.00 -> $2.00View Rating Details
12/3/2015Raymond James Financial Inc.Reiterated RatingMarket PerformView Rating Details
8/17/2015Cowen and CompanyLower Price TargetOutperform$12.00 -> $8.00View Rating Details
5/15/2015Standpoint ResearchInitiated CoverageBuy$14.00View Rating Details
11/10/2014GuggenheimDowngradeBuy -> Neutral$28.00 -> $15.00View Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for Ocean Rig UDW (NASDAQ:ORIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/11/2016        
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)
Current Year EPS Consensus Estimate: $2.88 EPS
Next Year EPS Consensus Estimate: $-1 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.36$0.73$0.57
Q2 20161$0.54$0.54$0.54
Q3 20161$0.39$0.39$0.39
Q4 20161$0.29$0.29$0.29
Q1 20171$0.23$0.23$0.23
Q2 20171$0.00$0.00$0.00
Q3 20171($0.19)($0.19)($0.19)
Q4 20171($0.16)($0.16)($0.16)
Q1 20181($0.18)($0.18)($0.18)
(Data provided by Zacks Investment Research)

Dividends

Dividend History 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

Latest Headlines for Ocean Rig UDW (NASDAQ:ORIG)
DateHeadline
investornewswire.com logoOcean Rig UDW Inc. (NASDAQ:ORIG) Reports Sales Of $452.556, Surprising Estimates By 17.324% - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - August 24 at 6:26 PM
News IconOcean Rig UDW LLC's (ORIG): Remarkable Stock of Recent Trading (NASDAQ:ORIG)
myhealthbowl.com - August 23 at 11:07 AM
marketrealist.com logoSeadrill’s 2Q16 Results Are on Their Way (NASDAQ:ORIG)
marketrealist.com - August 22 at 11:14 AM
investornewswire.com logoWill Ocean Rig UDW Inc. (NASDAQ:ORIG) Hit $1.5 Price Target? - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - August 20 at 6:19 PM
capitalcube.com logoOcean Rig UDW, Inc. :ORIG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 18, 2016 (NASDAQ:ORIG)
www.capitalcube.com - August 18 at 6:52 PM
capitalcube.com logoETF’s with exposure to Ocean Rig UDW, Inc. : August 18, 2016 (NASDAQ:ORIG)
www.capitalcube.com - August 18 at 6:52 PM
marketrealist.com logoBehind the Improving Cost Side of Ocean Rig (NASDAQ:ORIG)
marketrealist.com - August 18 at 9:44 AM
finance.yahoo.com logoOcean Rig's Restructuring Likely Bad For Shareholders; Deutsche Sinks Rating To Hold (NASDAQ:ORIG)
finance.yahoo.com - August 16 at 6:49 PM
finance.yahoo.com logoOcean RIG UDW downgraded by Deutsche Bank (NASDAQ:ORIG)
finance.yahoo.com - August 16 at 6:49 PM
seekingalpha.com logoOcean Rig To Restructure Its Debt Obligations - Some Insights (NASDAQ:ORIG)
seekingalpha.com - August 15 at 8:52 AM
marketwatch.com logoOcean Rig's stock tanks after bankruptcy warning - MarketWatch (NASDAQ:ORIG)
www.marketwatch.com - August 13 at 9:35 AM
finance.yahoo.com logoEdited Transcript of ORIG earnings conference call or presentation 12-Aug-16 12:00pm GMT (NASDAQ:ORIG)
finance.yahoo.com - August 13 at 9:35 AM
4-traders.com logoOcean Rig UDW Inc. : Reports Financial and Operating Results for the Second Quarter 2016 (NASDAQ:ORIG)
www.4-traders.com - August 12 at 6:48 PM
News IconOcean rig reports and operating results for 2Q 2016 (NASDAQ:ORIG)
www.hellenicshippingnews.com - August 12 at 6:48 PM
thestreet.com logoOcean Rig (ORIG) Stock Tanks on Bankruptcy Warning (NASDAQ:ORIG)
www.thestreet.com - August 12 at 6:48 PM
News IconStock's Buzz on Earnings: Ocean Rig UDW Inc. (NASDAQ:ORIG) - Post Registrar (NASDAQ:ORIG)
postregistrar.com - August 12 at 9:52 AM
investornewswire.com logoCan Ocean Rig UDW Inc. (NASDAQ:ORIG) Keep Up With Analyst Expectations? - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - August 11 at 7:09 PM
finance.yahoo.com logoOcean Rig UDW beats Street 2Q forecasts - Yahoo Finance (NASDAQ:ORIG)
finance.yahoo.com - August 11 at 7:09 PM
nasdaq.com logoEarnings Reaction History: Ocean Rig UDW Inc., 42.9% Follow-Through Indicator, 9.6% Sensitive - Nasdaq (NASDAQ:ORIG)
www.nasdaq.com - August 11 at 7:09 PM
sg.finance.yahoo.com logoOcean Rig UDW beats Street 2Q forecasts (NASDAQ:ORIG)
sg.finance.yahoo.com - August 11 at 7:09 PM
feeds.benzinga.com logoOcean Rig Tumbles 50%, CEO Calls Market Conditions 'Extremely Negative' (NASDAQ:ORIG)
feeds.benzinga.com - August 11 at 5:24 PM
News IconOcean Rig UDW Inc. (NASDAQ:ORIG): Analyst's Estimations - Post Registrar (NASDAQ:ORIG)
postregistrar.com - August 11 at 9:54 AM
biz.yahoo.com logoQ2 2016 Ocean RIG UDW Inc Earnings Release - After Market Close (NASDAQ:ORIG)
biz.yahoo.com - August 11 at 9:54 AM
streetupdates.com logoAnalysts Observable Stocks: Suncor Energy Inc. (NYSE:SU) , Ocean Rig UDW Inc. (NASDAQ:ORIG) - Street Updates (NASDAQ:ORIG)
www.streetupdates.com - August 9 at 9:53 AM
streetupdates.com logoNotable Moving Stocks: SAExploration Holdings, Inc. (NASDAQ:SAEX) , Ocean Rig UDW Inc. (NASDAQ:ORIG) - Street Updates (NASDAQ:ORIG)
www.streetupdates.com - August 8 at 6:55 PM
News IconWillis Towers Watson (NASDAQ:WLTW) & Ocean Rig UDW Inc. (NASDAQ:ORIG) Traders Recap - Money News (press release) (NASDAQ:ORIG)
www.newsismoney.com - August 8 at 6:55 PM
marketwired.com logoOcean Rig UDW Inc. Announces Second Quarter 2016 Results Release Date, Conference Call and Webcast - Marketwired (press release) (NASDAQ:ORIG)
www.marketwired.com - August 6 at 9:29 AM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Second Quarter 2016 Results Release Date, Conference Call and Webcast (NASDAQ:ORIG)
finance.yahoo.com - August 5 at 6:52 PM
publicnow.com logoAugust 5, 2016 Ocean Rig UDW Inc. Announces Second Quarter 2016 Results Release Date, Conference Call and Webcast (NASDAQ:ORIG)
www.publicnow.com - August 5 at 6:52 PM
marketexclusive.com logoCan Noble Corporation (NYSE:NE) Survive Industry Pressures? (NASDAQ:ORIG)
marketexclusive.com - August 4 at 7:05 PM
tradecalls.org logoAnalyst Rating Update on Ocean Rig UDW (ORIG) – Trade Calls - Trade Calls (NASDAQ:ORIG)
www.tradecalls.org - August 4 at 9:51 AM
capitalcube.com logoETF’s with exposure to Ocean Rig UDW, Inc. : July 29, 2016 (NASDAQ:ORIG)
www.capitalcube.com - July 29 at 1:45 PM
marketrealist.com logoHow Analysts View Seadrill’s Future Revenue and EBITDA (NASDAQ:ORIG)
marketrealist.com - July 29 at 9:06 AM
investornewswire.com logoExpected For Ocean Rig UDW Inc. (NASDAQ:ORIG) Sales Of $1250.966 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - July 27 at 7:01 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Ocean Rig UDW Inc. (NASDAQ:ORIG) - TGP (NASDAQ:ORIG)
telanaganapress.com - July 22 at 6:32 PM
investornewswire.com logoIs $4 Price Target Attainable For Ocean Rig UDW Inc. (NASDAQ:ORIG)? - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - July 22 at 6:32 PM
News IconCould Ocean Rig UDW Inc. Gain Strenght? The Stock Reaches 52-Week Low - Consumer Eagle (NASDAQ:ORIG)
www.consumereagle.com - July 22 at 6:32 PM
investornewswire.com logoOcean Rig UDW Inc. (NASDAQ:ORIG) Expected To Post Sales Of $1250.966 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - July 21 at 6:58 PM
News IconOcean Rig UDW Inc. Rises A lot Today, Is Now One of The Best Performer - Consumer Eagle (NASDAQ:ORIG)
www.consumereagle.com - July 21 at 6:58 PM
News IconEquity Roundup: Stock Performance Focus on Ocean Rig UDW Inc. (NASDAQ:ORIG) - Press Telegraph (NASDAQ:ORIG)
presstelegraph.com - July 20 at 9:35 AM
capitalcube.com logoETF’s with exposure to Ocean Rig UDW, Inc. : July 19, 2016 (NASDAQ:ORIG)
www.capitalcube.com - July 19 at 12:57 PM
investornewswire.com logoStrong Sell Calls For Ocean Rig UDW Inc. (NASDAQ:ORIG) At 3 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - July 16 at 9:57 AM
News IconOcean Rig UDW Inc. (NASDAQ:ORIG) Wall Street Analyst Recommendation Outlook - Telanagana Press (NASDAQ:ORIG)
telanaganapress.com - July 15 at 11:42 AM
News IconCrowd Rating and Earnings Recap for Ocean Rig UDW Inc. (NASDAQ:ORIG) - Telanagana Press (NASDAQ:ORIG)
telanaganapress.com - July 15 at 11:42 AM
tradecalls.org logoShort Term Rating on Ocean Rig UDW (ORIG) - Trade Calls (NASDAQ:ORIG)
www.tradecalls.org - July 13 at 9:36 AM
News IconTrading Performance and Target Watch for Ocean Rig UDW Inc. (NASDAQ:ORIG) - Press Telegraph (NASDAQ:ORIG)
presstelegraph.com - July 12 at 11:00 AM
finance.yahoo.com logoBull of the Day: Ocean Rig (ORIG) (NASDAQ:ORIG)
finance.yahoo.com - July 11 at 9:01 AM
investornewswire.com logoIs $4 Within Reach For Ocean Rig UDW Inc. (NASDAQ:ORIG)? - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - July 9 at 6:05 PM
news.cmlviz.com logoOcean Rig UDW Inc. versus Pioneer Energy Services Corp. Head to Head Compare - CML News (NASDAQ:ORIG)
news.cmlviz.com - July 8 at 9:36 AM
News IconWall Street Ratings and Target Price Views on Ocean Rig UDW Inc. (NASDAQ:ORIG) - Telanagana Press (NASDAQ:ORIG)
telanaganapress.com - July 8 at 9:36 AM

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Ocean Rig UDW (NASDAQ:ORIG) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff