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: $0.83
  • 50 Day Moving Average: $0.80
  • 200 Day Moving Average: $1.69
  • 52-Week Range: $0.66 - $3.38
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.74
  • P/E Growth: -0.01
  • Market Cap: $N/A
  • Beta: 1.92
Profitability:
  • Net Margins: 21.68%
  • Return on Equity: 14.78%
  • Return on Assets: 6.18%
Debt:
  • Debt-to-Equity Ratio: 1.14%
  • Current Ratio: 3.08%
  • Quick Ratio: 3.08%
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 (23.02% 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 10/1/2014 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: $4.36 EPS
Next Year EPS Consensus Estimate: $-1.14 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
einnews.com logoOcean Rig UDW Inc. Announces Receipt of Nasdaq Notice - EIN News - EIN News (press release) (NASDAQ:ORIG)
www.einnews.com - September 30 at 11:53 AM
News IconActive Concerns Wondering Movers: Advanced Micro Devices ... - Street Wise Report (press release) (blog) (NASDAQ:ORIG)
streetwisereport.com - September 29 at 11:48 AM
News IconActive Broker's Concerns In Focus: Ocean Rig (NASDAQ:ORIG), Raytheon (NYSE:RTN), Moody's Corporation (MCO) - Street Wise Report (press release) (blog) (NASDAQ:ORIG)
streetwisereport.com - September 29 at 11:48 AM
seekingalpha.com logoOcean Rig Is Noncomplying With Nasdaq Rule Of The $1 Threshold - What Does It Mean? - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - September 29 at 11:48 AM
seekingalpha.com logoOcean Rig Is Noncomplying With Nasdaq Rule Of The $1 Threshold - What Does It Mean? (NASDAQ:ORIG)
seekingalpha.com - September 28 at 6:24 PM
seekingalpha.com logoOcean Rig gets Nasdaq non-compliance notice (NASDAQ:ORIG)
seekingalpha.com - September 28 at 11:41 AM
finanznachrichten.de logoOCEAN RIG UDW INC (NASDAQ:ORIG)
www.finanznachrichten.de - September 28 at 11:41 AM
seekingalpha.com logoOcean Rig gets Nasdaq non-compliance notice - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - September 27 at 6:31 PM
marketwired.com logoOcean Rig UDW Inc. Announces Receipt of Nasdaq Notice - Marketwired (press release) (NASDAQ:ORIG)
www.marketwired.com - September 27 at 6:31 PM
finance.yahoo.com logoOcean Rig UDW Inc. Announces Receipt of Nasdaq Notice (NASDAQ:ORIG)
finance.yahoo.com - September 27 at 6:31 PM
finance.yahoo.com logo4:08 pm Ocean RIG UDW receives notification from The Nasdaq indicating the co is not in compliance w/ the minimum bid price requirement; co is considering its options, including a reverse stock split (NASDAQ:ORIG)
finance.yahoo.com - September 27 at 6:31 PM
publicnow.com logoSeptember 27, 2016 Ocean Rig UDW Inc. Announces Receipt of Nasdaq Notice (NASDAQ:ORIG)
www.publicnow.com - September 27 at 6:31 PM
capitalcube.com logoETF’s with exposure to Ocean Rig UDW, Inc. : September 20, 2016 (NASDAQ:ORIG)
www.capitalcube.com - September 25 at 5:55 PM
News IconEarnings Analysis & Update for Ocean Rig UDW Inc. (NASDAQ:ORIG)? - Frisco Fastball (NASDAQ:ORIG)
friscofastball.com - September 19 at 6:35 PM
investornewswire.com logoExpected For Ocean Rig UDW Inc. (NASDAQ:ORIG) Sales Of $617.477 - Investor Newswire (NASDAQ:ORIG)
www.investornewswire.com - September 16 at 10:08 AM
News IconOcean Rig UDW Inc. (ORIG) Short Interest Update - NewsDen (NASDAQ:ORIG)
newsden.net - September 15 at 6:42 PM
seekingalpha.com logoOcean Rig: Target Price Is Still Zero - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - September 9 at 6:17 PM
News IconPlacing Ocean Rig UDW Inc. (NASDAQ:ORIG) Shares Under the Microscope - National Daily Press (NASDAQ:ORIG)
www.nationaldailypress.com - September 9 at 6:17 PM
capitalcube.com logoETF’s with exposure to Ocean Rig UDW, Inc. : September 9, 2016 (NASDAQ:ORIG)
www.capitalcube.com - September 9 at 11:24 AM
seekingalpha.com logoOcean Rig Agrees To Transfer Ownership Of The Ocean Rig Apollo - Seeking Alpha (NASDAQ:ORIG)
seekingalpha.com - September 4 at 10:43 AM
News IconOcean Rig (ORIG) Stock: Why It’s up and Will It Last? (NASDAQ:ORIG)
www.modestmoney.com - September 2 at 6:33 PM
seekingalpha.com logoOcean Rig Loses Ownership Of The Drillship Ocean Rig Apollo (NASDAQ:ORIG)
seekingalpha.com - September 2 at 11:28 AM
News IconAnalyst Sights on Price Reaction History: Ocean Rig UDW Inc. (NASDAQ:ORIG) - Post Registrar (NASDAQ:ORIG)
postregistrar.com - August 31 at 11:44 AM
capitalcube.com logoETF’s with exposure to Ocean Rig UDW, Inc. : August 29, 2016 (NASDAQ:ORIG)
www.capitalcube.com - August 29 at 6:27 PM
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

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Ocean Rig UDW (NASDAQ:ORIG) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff