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: $0.81
  • 50 Day Moving Average: $1.4182
  • 200 Day Moving Average: $1.2580
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.19
  • P/E Growth: -0.4900
  • Market Cap: $N/A
  • Beta: 1.78
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%
Additional Links:
Companies Related to Ocean Rig UDW:

Analyst Ratings

Consensus Ratings for Ocean Rig UDW (NASDAQ:ORIG) (?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $0.77 (1.78% downside)

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 CompaniesDowngradeNeutral -> 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
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Ocean Rig UDW (NASDAQ:ORIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/11/2016        
12/14/2016Q316$0.56$0.47$335.00 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)
Current Year EPS Consensus Estimate: $-0.1200 EPS
Next Year EPS Consensus Estimate: $-4.0400 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$0.38$0.38$0.38
Q1 20171$0.49$0.49$0.49
Q2 20171$0.45$0.45$0.45
Q3 20171($0.43)($0.43)($0.43)
Q4 20171($0.38)($0.38)($0.38)
Q1 20181($0.49)($0.49)($0.49)
Q2 20181($0.79)($0.79)($0.79)
Q3 20181($1.40)($1.40)($1.40)
(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
seekingalpha.com logoOcean Rig - 2017 Financial Projections And Comments - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - February 24 at 8:08 PM
News IconAnalysts Peer Into Their Crystal Balls For Ocean Rig UDW Inc. (NASDAQ:ORIG): Where Is It headed? - Winfield Review (NASDAQ:ORIG)
winfieldreview.com - February 24 at 12:08 AM
seekingalpha.com logoOcean Rig Cancels Earnings Call And Warns Of Substantial Dilution ... - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - February 24 at 12:08 AM
finance.yahoo.com logoAre Options Traders Betting on a Big Move in Ocean Rig (ORIG) Stock? (NASDAQ:ORIG)
finance.yahoo.com - February 23 at 7:07 PM
News IconMovers Stock Analysis- Intersil Corp (NASDAQ:ISIL), Ocean Rig UDW Inc. (NASDAQ:ORIG) - Wall Street Times (press release) (NASDAQ:ORIG)
www.wallstreetnews24.com - February 23 at 9:15 AM
seekingalpha.com logoOcean Rig UDW EPS of -$45.08 (NASDAQ:ORIG)
seekingalpha.com - February 23 at 12:12 AM
us.rd.yahoo.com logoOcean Rig UDW Inc. Reports Financial and Operating Results for the Fourth Quarter 2016 (NASDAQ:ORIG)
us.rd.yahoo.com - February 23 at 12:12 AM
us.rd.yahoo.com logo6:04 pm Ocean RIG UDW reports Q4 (Dec) results, beats on revs; continues to explore alternatives-will consider all options including restructuring plan through schemes of arrangement or under Chapter 11 (NASDAQ:ORIG)
us.rd.yahoo.com - February 23 at 12:12 AM
finance.yahoo.com logoOcean Rig UDW reports 4Q loss - Yahoo Finance (NASDAQ:ORIG)
finance.yahoo.com - February 22 at 7:10 PM
prnewswire.com logoTechnical Roundup on Oil & Gas Stocks -- Ocean Rig UDW, Patterson-UTI Energy, Penn West Petroleum, and RSP ... - PR Newswire (press release) (NASDAQ:ORIG)
www.prnewswire.com - February 22 at 9:07 AM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Fourth Quarter 2016 Results Release Date (NASDAQ:ORIG)
finance.yahoo.com - February 21 at 5:49 PM
istreetwire.com logoStocks Trend Analysis: Ocean Rig UDW LLC (ORIG), Sterling Bancorp (STL), Snyder's-Lance, Inc. (LNCE) - iStreetWire (NASDAQ:ORIG)
istreetwire.com - February 17 at 8:12 AM
News IconDividend Growth of Ocean Rig UDW Inc.(ORIG) - Highland Mirror (NASDAQ:ORIG)
www.highlandmirror.com - February 17 at 8:12 AM
marketrealist.com logoNoble’s Outlooks for All Its Offshore Drilling Regions (NASDAQ:ORIG)
marketrealist.com - February 17 at 8:12 AM
News IconOcean Rig UDW Inc. (NASDAQ:ORIG) Quarterly EPS Projection At $0.33 - Stock Observer (NASDAQ:ORIG)
www.thestockobserver.com - February 12 at 6:57 PM
News IconChecking the Chart on Shares of Ocean Rig UDW Inc. (ORIG) - Davidson Register (NASDAQ:ORIG)
davidsonregister.com - February 11 at 1:01 AM
News IconForward Earnings Estimate of Ocean Rig UDW Inc.(ORIG) - Highland Mirror (NASDAQ:ORIG)
www.highlandmirror.com - February 11 at 1:01 AM
seekingalpha.com logoInsolvency Practitioner Joins Ocean Rig Board (NASDAQ:ORIG)
seekingalpha.com - February 7 at 8:09 PM
seekingalpha.com logoOcean Rig: Is There A Limit To Cost Cutting? The Case Of 'Social Dumping' Vs. Standardization - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - February 7 at 12:09 AM
finance.yahoo.com logoOcean Rig UDW Inc. Announces the Day of Its 2017 Annual General Meeting of Shareholders, the Relocation of Its Principal Executive Offices, Appointment of New Officers and Directors and the Amendment of the Existing Agreement With TMS Offsh (NASDAQ:ORIG)
finance.yahoo.com - February 6 at 9:16 AM
finance.yahoo.com logo8:48 am Ocean RIG UDW appoints President Anthony Kandylidis as CFO effective in December 2016 and announces amendment of existing agreement w/ TMS Offshore (NASDAQ:ORIG)
finance.yahoo.com - February 6 at 9:16 AM
News IconQuarterly Financial Update for Ocean Rig UDW Inc. (NASDAQ:ORIG) - The Newburgh Press (NASDAQ:ORIG)
newburghpress.com - February 4 at 7:03 PM
smarteranalyst.com logoDryShips Inc. (DRYS): Why Are Investors so Angry at CEO George Economou? (NASDAQ:ORIG)
www.smarteranalyst.com - February 2 at 8:00 PM
News IconOcean Rig UDW Inc. (NASDAQ:ORIG) has 1 Year Target Estimate of ... - The Newburgh Press (NASDAQ:ORIG)
newburghpress.com - February 1 at 8:12 PM
seekingalpha.com logoOcean Rig Made An Excellent Deal With The Purchase Of The Ocean Paros After All (NASDAQ:ORIG)
seekingalpha.com - January 31 at 8:05 PM
News IconNarrowing in on Trading Indicators for Ocean Rig UDW Inc. (ORIG) - Sherwood Daily (NASDAQ:ORIG)
sherwooddaily.com - January 30 at 7:43 PM
investornewswire.com logoOcean Rig UDW Inc. (NASDAQ:ORIG) Sales Predicted At $469.66 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - January 25 at 11:19 PM
News IconTrading Views: Checking the Numbers for Ocean Rig UDW Inc. (ORIG) - Sherwood Daily (NASDAQ:ORIG)
sherwooddaily.com - January 25 at 11:19 PM
News IconEquity Rundown: RSI and CCI Check on Ocean Rig UDW Inc. (ORIG) - Sherwood Daily (NASDAQ:ORIG)
sherwooddaily.com - January 25 at 12:52 AM
News IconConsensus Take: Ocean Rig UDW Inc. (NASDAQ:ORIG) Earnings & Ratings Watch - Aiken Advocate (NASDAQ:ORIG)
aikenadvocate.com - January 25 at 12:52 AM
zacks.com logoImplied Volatility Surging for Ocean Rig (ORIG) Stock Options (NASDAQ:ORIG)
www.zacks.com - January 24 at 8:56 AM
investornewswire.com logoOcean Rig UDW Inc. (NASDAQ:ORIG) Strong Sell Recommendations At 2 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - January 20 at 7:52 PM
News IconTrading Watch: ADX and CCI Review for Ocean Rig UDW Inc. (ORIG) - Sherwood Daily (NASDAQ:ORIG)
sherwooddaily.com - January 19 at 12:40 AM
News IconWatching the Charts on Shares of Ocean Rig UDW Inc. (ORIG) - Sherwood Daily (NASDAQ:ORIG)
sherwooddaily.com - January 18 at 8:52 AM
News IconWill The Needle Move For Ocean Rig UDW Inc. (NASDAQ:ORIG) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:ORIG)
wsbeacon.com - January 17 at 11:13 AM
marketrealist.com logoWhich Offshore Drillers Do Analysts Love and Hate? (NASDAQ:ORIG)
marketrealist.com - January 16 at 9:26 AM
marketrealist.com logoDo Offshore Drillers Still Pay Dividends? (NASDAQ:ORIG)
marketrealist.com - January 16 at 9:26 AM
4-traders.com logoRSP Permian : How These Oil & Gas Stocks are Faring? -- Patterson-UTI Energy, Penn West Petroleum, Ocean Rig UDW, and RSP Permian (NASDAQ:ORIG)
www.4-traders.com - January 13 at 12:43 AM
News IconNews Impact Score Of Ocean Rig UDW Inc. (NASDAQ:ORIG) Set At 50 - Stock Observer (NASDAQ:ORIG)
www.thestockobserver.com - January 12 at 7:42 PM
investopedia.com logoOcean Rig Trading above Moving Averages (NASDAQ:ORIG)
www.investopedia.com - January 10 at 7:57 PM
News IconOcean Rig UDW LLC (NASDAQ:ORIG) hit its 52 Week low of $0.66 on Feb 24, 2016 - The Newburgh Press (NASDAQ:ORIG)
newburghpress.com - January 9 at 7:46 PM
finance.yahoo.com logoSouthern Company Purchases Two Wind Projects in Texas (NASDAQ:ORIG)
finance.yahoo.com - January 9 at 7:46 PM
News IconOcean Rig UDW Inc. (NASDAQ:ORIG) EPS At $0.44 - Stock Observer (NASDAQ:ORIG)
www.thestockobserver.com - January 8 at 6:46 PM
News IconOcean Rig UDW Inc. (NASDAQ:ORIG) News Impact Score At 50 - Stock Observer (NASDAQ:ORIG)
www.thestockobserver.com - January 6 at 7:46 PM
investornewswire.com logoOcean Rig UDW Inc. (NASDAQ:ORIG) Records An Impact Score Of 50 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - January 6 at 7:46 PM
istreetwire.com logoTrader Alert: Ocean Rig UDW LLC (ORIG), Urban Outfitters, Inc. (URBN), Sunoco Logistics Partners L.P. (SXL) - iStreetWire (NASDAQ:ORIG)
istreetwire.com - January 5 at 12:56 AM
News IconTraders Watch list: Parsley Energy, Inc. (NYSE:PE), Ocean Rig UDW ... - The Newburgh Press (NASDAQ:ORIG)
newburghpress.com - January 5 at 12:56 AM
marketrealist.com logoWhat Do Analysts Estimate for Noble’s EBITDA and Revenue? (NASDAQ:ORIG)
marketrealist.com - January 2 at 6:54 PM
News IconStock on the Move: Ocean Rig UDW Inc. (NASDAQ:ORIG) (NASDAQ:ORIG)
vouxmagazine.com - December 30 at 9:14 AM
News IconStock on the Move: Ocean Rig UDW Inc. (NASDAQ:ORIG) - Post Registrar (NASDAQ:ORIG)
postregistrar.com - December 29 at 9:21 AM

Social

What is Ocean Rig UDW's stock symbol?

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

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

4 equities research analysts have issued 1 year price targets for Ocean Rig UDW's stock. Their forecasts range from $0.65 to $1.00. On average, they anticipate Ocean Rig UDW's stock price to reach $0.77 in the next year.

When will Ocean Rig UDW announce their earnings?

Ocean Rig UDW is scheduled to release their next quarterly earnings announcement on Thursday, August, 11th 2016.

Who owns Ocean Rig UDW stock?

Ocean Rig UDW's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Highland Capital Management LP (0.00%), Renaissance Technologies LLC (0.00%), Oxford Asset Management (0.00%) and Private Advisor Group LLC (0.00%).

Who sold Ocean Rig UDW stock? Who is selling Ocean Rig UDW stock?

Ocean Rig UDW's stock was sold by a variety of institutional investors in the last quarter, including Oxford Asset Management, Renaissance Technologies LLC and Private Advisor Group LLC.

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.

How much does a share of Ocean Rig UDW stock cost?

One share of Ocean Rig UDW stock can currently be purchased for approximately $0.78.

Ocean Rig UDW (NASDAQ:ORIG) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ocean Rig UDW (NASDAQ:ORIG)

Earnings History Chart

Earnings by Quarter for Ocean Rig UDW (NASDAQ:ORIG)

Dividend History Chart

Dividend Payments by Quarter for Ocean Rig UDW (NASDAQ:ORIG)

Last Updated on 2/26/2017 by MarketBeat.com Staff