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Ocean Rig UDW (ORIG) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
50-Day Range
52-Week Range
513,269 shs
Average Volume
463,607 shs
Market Capitalization
$2.53 billion
P/E Ratio
Dividend Yield
Price Target
ORIG stock logo

About Ocean Rig UDW Stock (NASDAQ:ORIG)

Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling worldwide. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company owns and operates two fifth generation harsh weather ultra-deepwater semisubmersible offshore drilling units under the Leiv Eiriksson and Eirik Raude names; five sixth generation ultra-deepwater drilling units under the Ocean Rig Corcovado, the Ocean Rig Olympia, the Ocean Rig Poseidon, and the Ocean Rig Mykonos names; and four seventh generation drilling units under the Ocean Rig Mylos, the Ocean Rig Skyros, the Ocean Rig Athena, and the Ocean Rig Apollo names. It serves oil companies, integrated oil and gas companies, state-owned national oil companies, and independent oil and gas companies. The company is based in George Town, the Cayman Islands.

ORIG Stock News Headlines

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Company Calendar

Last Earnings

Industry, Sector and Symbol

Drilling Oil & Gas Wells
Current Symbol
Year Founded


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$1.01 billion
Book Value
$24.06 per share


Free Float
Market Cap
$2.53 billion
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Key Executives

  • Mr. Pankaj Khanna (Age 48)
    Pres & CEO
  • Mr. Anthony Kandylidis (Age 41)
    Exec. Vice Chairman
  • Mr. Iraklis Sbarounis (Age 33)
    CFO, Sec. & Director
  • Mr. David Cusiter (Age 56)
    Chief Operations Officer
  • Mr. Anthony C. Argyropoulos
    Special Advisor Capital Markets to the Chief Exec. Officer

ORIG Stock Analysis - Frequently Asked Questions

How were Ocean Rig UDW's earnings last quarter?

Ocean Rig UDW Inc. (NASDAQ:ORIG) announced its quarterly earnings results on Thursday, August, 9th. The oil and gas company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.32. The oil and gas company had revenue of $97.30 million for the quarter, compared to analysts' expectations of $128.57 million. Ocean Rig UDW had a net margin of 14.49% and a trailing twelve-month return on equity of 4.50%. The company's quarterly revenue was down 65.8% compared to the same quarter last year.

When did Ocean Rig UDW's stock split?

Ocean Rig UDW's stock reverse split before market open 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 closing bell on Thursday, September 21st 2017. An investor that had 100 shares of stock prior to the reverse split would have 0 shares after the split.

What other stocks do shareholders of Ocean Rig UDW own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Rig UDW investors own include DryShips (DRYS), Ensco Rowan (ESV), Transocean (RIG), Seadrill (SDRL), Mondi (MNDI), Seadrill Partners (SDLP), Exxon Mobil (XOM), Auris Medical (EARS), Northern Technologies International (NTIC) and Netflix (NFLX).

This page (NASDAQ:ORIG) was last updated on 5/23/2024 by Staff

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