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
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:
  • EBITDA: $847.65 million
Debt:
  • Current Ratio: 0.32%
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?

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)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  177 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  335
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) (How are Consensus Ratings Calculated?)
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)
Price Target History for Ocean Rig UDW (NASDAQ:ORIG)
Analysts' Ratings History for Ocean Rig UDW (NASDAQ:ORIG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/23/2017DNB MarketsUpgradeHold -> BuyN/AView Rating Details
8/16/2016Deutsche Bank AGDowngradeBuy -> Hold$36,800.00 -> $9,200.00N/AView Rating Details
6/30/2016Evercore ISIReiterated RatingHoldN/AView Rating Details
3/11/2016SimmonsDowngradeNeutral -> Underweight$9,200.00 -> $5,980.00N/AView Rating Details
3/11/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$9,200.00 -> $5,980.00N/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$15,640.00 -> $11,960.00N/AView Rating Details
12/10/2015Barclays PLCLower Price TargetUnderweight$27,600.00 -> $18,400.00N/AView Rating Details
12/3/2015Raymond James Financial, Inc.Reiterated RatingMarket PerformN/AView Rating Details
(Data available from 10/24/2015 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$5,152.00$4,324.00$342.14 million$335.04 millionViewN/AView Earnings Details
8/11/2016Q216$6,624.00$16,836.00$376.45 million$452.60 millionViewN/AView Earnings Details
5/19/2016Q116$6,624.00$10,764.00$424.66 million$508.00 millionViewN/AView Earnings Details
3/8/2016Q415$7,176.00$6,900.00$481.15 million$499.40 millionViewN/AView Earnings Details
12/7/2015Q315$4,232.00$5,336.00$433.52 million$437.20 millionViewN/AView Earnings Details
8/6/2015Q215$2,484.00$4,968.00$423.84 million$433.22 millionViewN/AView Earnings Details
5/11/2015Q115($460.00)$2,852.00$396.44 million$402.10 millionViewN/AView Earnings Details
2/25/2015Q414$6,532.00$6,072.00$487.70 million$499.40 millionViewN/AView Earnings Details
11/5/2014Q314$6,440.00$8,832.00$491.80 million$328.51 millionViewN/AView Earnings Details
8/5/2014Q413$3,680.00$4,876.00$418.11 million$441.43 millionViewN/AView Earnings Details
5/22/2014Q313($184.00)($92.00)$333.07 million$360.80 millionViewN/AView Earnings Details
2/18/2014Q213$1,472.00$2,760.00$315.68 million$345.50 millionViewN/AView Earnings Details
11/4/2013Q113$1,748.00$2,760.00$292.07 million$328.51 millionViewN/AView Earnings Details
8/7/2013Q2 2013$2,668.00$251.03 million$259.80 millionViewN/AView Earnings Details
5/22/2013Q1 2013($1,656.00)$460.00$224.68 million$246.40 millionViewN/AView Earnings Details
3/6/2013Q412($3,128.00)($1,932.00)$232.90 million$237.66 millionViewN/AView Earnings Details
11/14/2012Q312$2,300.00$1,932.00$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$1,748.008.24%5/20/20155/22/20156/2/2015
2/26/2015quarterly$1,748.0010%3/6/20153/10/20153/23/2015
10/20/2014quarterly$1,748.005.55%10/29/201410/31/201411/11/2014
7/21/2014quarterly$1,748.004.14%7/30/20148/1/20148/11/2014
5/8/2014quarterly$1,748.005/16/20145/20/20145/30/2014
(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)
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Chart

Ocean Rig UDW (ORIG) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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