NASDAQ:ORIG - Ocean Rig UDW Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$27.78 +27.78 (+∞)
(As of 03/20/2019 06:00 AM ET)
Previous CloseN/A
Today's Range$27.76 - $28.93
52-Week Range$22.48 - $35.86
Volume513,269 shs
Average Volume463,607 shs
Market Capitalization$2.53 billion
P/E Ratio25.25
Dividend YieldN/A
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.

Receive ORIG News and Ratings via Email

Sign-up to receive the latest news and ratings for ORIG and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Current SymbolNASDAQ:ORIG



Sales & Book Value

Annual Sales$1.01 billion
Book Value$24.06 per share


Net Income$-5,400,000.00


Market Cap$2.53 billion
Next Earnings DateN/A

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 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 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) released 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 net margin of 14.49% and a return on equity of 4.50%. The firm's quarterly revenue was down 65.8% compared to the same quarter last year. View Ocean Rig UDW's Earnings History.

What price target have analysts set for ORIG?

2 brokers have issued 12-month price objectives for Ocean Rig UDW's shares. Their predictions range from $30.00 to $30.00. On average, they expect Ocean Rig UDW's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Ocean Rig UDW.

What is the consensus analysts' recommendation for Ocean Rig UDW?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocean Rig UDW in the last year. There are currently 2 hold ratings 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?

Press coverage about ORIG stock has trended positive recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ocean Rig UDW earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of Ocean Rig UDW's key competitors?

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 (ESV), Transocean (RIG), Freeport-McMoRan (FCX), Auris Medical (EARS), Seadrill (SDRL), Chesapeake Energy (CHK), Alibaba Group (BABA), Delcath Systems (DCTHD) and Exxon Mobil (XOM).

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.

What is Ocean Rig UDW's stock price today?

One share of ORIG stock can currently be purchased for approximately $27.78.

How big of a company is Ocean Rig UDW?

Ocean Rig UDW has a market capitalization of $2.53 billion and generates $1.01 billion in revenue each year.

What is Ocean Rig UDW's official website?

The official website for Ocean Rig UDW is

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  266 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  542
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.
This page was last updated on 3/20/2019 by Staff

Featured Article: What is the Current Ratio?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.

Yahoo Gemini Pixel