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.
Industry, Sector and Symbol
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
Phone0113453279232
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.01 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
Ocean Rig UDW (NASDAQ:ORIG) Frequently Asked Questions
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's stock reverse split on the morning of 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 earnings results on Thursday, August, 9th. The oil and gas company reported ($0.14) EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.32. The oil and gas company earned $97.30 million during the quarter, compared to the consensus estimate of $128.57 million. Ocean Rig UDW had a return on equity of 4.50% and a net margin of 14.49%. Ocean Rig UDW's revenue for the quarter was down 65.8% on a year-over-year basis. View Ocean Rig UDW's Earnings History.
What is the consensus analysts' recommendation for Ocean Rig UDW?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocean Rig UDW in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ocean Rig UDW.
Has Ocean Rig UDW been receiving favorable news coverage?
Headlines about ORIG stock have trended positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ocean Rig UDW earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.
Who are some of Ocean Rig UDW's key competitors?
Some companies that are related to Ocean Rig UDW include Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco (ESV), Rowan Companies (RDC), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Pacific Drilling (PACD), Baytex Energy (BTE), Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Pioneer Energy Services (PES) and Key Energy Services (KEG).
What other stocks do shareholders of Ocean Rig UDW own?
Who are Ocean Rig UDW's key executives?
Ocean Rig UDW's management team includes the folowing people:
- Mr. Pankaj Khanna, Pres & CEO (Age 48)
- Mr. Anthony Kandylidis, Exec. Vice Chairman (Age 41)
- Mr. Iraklis Sbarounis, CFO, Sec. & Director (Age 33)
- Mr. David Cusiter, Chief Operations Officer (Age 56)
- Mr. Anthony C. Argyropoulos, Special Advisor Capital Markets to the Chief Exec. Officer
How do I buy shares of Ocean Rig UDW?
Shares of ORIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How big of a company is Ocean Rig UDW?
Ocean Rig UDW has a market capitalization of $0.00 and generates $1.01 billion in revenue each year.
What is Ocean Rig UDW's official website?
How can I contact Ocean Rig UDW?
Ocean Rig UDW's mailing address is 3RD FLOOR FLAGSHIP BUILDING HARBOUR DR., GRAND CAYMAN E9, KY1-1104. The oil and gas company can be reached via phone at 0113453279232 or via email at [email protected]
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 ORIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
