Ocean Rig Udw: (NASD: ORIG)

$17.03

0.13 (0.77%)

Volume 51,530

May 17 04:00 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		16.95 - 17.24
	
		52wk Low - High
		12.14 - 18.43
	
		Previous Close
		16.90
	
		Avg. Volume
		205,956
	
		Industry
		OIL & GAS-DRILLING
	
		Market Cap
		2.24 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		0.18
	
		PE (Forward)
		131.00
	
		Current Year Est.
		0.13
	
		Quarterly Earnings ESP 
		18.18%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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		Neutral
	
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		116 out of 265
	
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                Key Earnings Data
            
                            PE (Forward)
                            131.00
                        
                            PEG Ratio
                            NA
                        
                            Current Year Est.
                            0.13
                        
                            Current Quarter Estimate
                            -0.22
                        
                            Most Accurate Estimate
                            -0.18
                        
                            Earnings ESP 
                            18.18%
                        
                            Next Earnings Report Date
                            06-04-2013
                        
                            EPS Last Year
                            -0.24
                        
                            Expected Earnings Growth
                            NA
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Ocean Rig UDW Inc. is engaged in providing offshore drilling services to oil and gas exploration, development and production drilling industry. The Company specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. Ocean Rig UDW Inc., formerly known as Primelead Shareholders Inc., is based in Sandnes, Norway.   
Full ORIG Company Report

        
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Turn Earnings Surprises into quick profits.
 
ORIG Chart  by YCharts

Earnings Estimates

	Current Qtr (03/2013)	Next Qtr (06/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	-0.22	0.04	0.13	2.00
Number of Estimates	4	4	4	4
Low Estimate	-0.37	-0.06	-0.08	1.66
High Estimate	-0.14	0.10	0.25	NA
Year Ago EPS	-0.30	0.06	-0.50	0.13
EPS Growth	27.50%	-41.67%	126.00%	1,440.38%

More ORIG Estimates

Average Earnings Estimates for ORIG

EPS Growth for ORIG

Industry Analysis

Name	Symbol	Previous Close
OCEAN RIG UDW	ORIG	17.03
NEW SOURCE EGY	NSLP	20.67
ATWOOD OCEANICS	ATW	54.01
DIAMOND OFFSHOR	DO	72.40
ENSCO PLC	ESV	62.15
HELMERICH&PAYNE	HP	65.39
HERCULES OFFSHR	HERO	7.17
NABORS IND	NBR	16.67
NOBLE CORP	NE	40.66
PACIFIC DRILLNG	PACD	10.00

Sector:Oils-Energy>> Industry:OIL & GAS-DRILLING

COMPARE TICKER vs. Its Peers

Zacks Commentary

DryShips Remains Neutral

Mar 28, 2013

Disappointing 4Q for DryShips

Mar 07, 2013

DryShips Enhances Ocean Rig Offering

Feb 13, 2013

DryShips Divests Newbuilding Ships

Jan 17, 2013

DryShips to Underperform

Dec 21, 2012

Disappointing 3Q for DryShips

Nov 19, 2012

DryShips Remains Neutral

Sep 24, 2012

The Zacks Analyst Blog Highlights: Bed Bath & Beyond, ExxonMobil, Ocean Rig UDW, Eni SpA and Repsol

Sep 18, 2012

More ORIG Zacks Commentary

Financials

EPS TTM	-0.24
Sales	942
Net Income	-132
Price/Earnings	NA
Price/Book	0.77
Price/Cash Flow	14.23
Price/Sales	2.38

More ORIG Financials

News

DryShips Inc. Announces First Quarter 2013 Results Release Date,Conference Call and Webcast - Marketwire

May 17, 2013

Ocean Rig UDW Inc. Announces First Quarter 2013 Results Release Date,Conference Call and Webcast - Marketwire

May 17, 2013

Stock Investors Bid Up Shares of Ocean Rig, Up 1.4% - Financial News Network Online - Market Movers

May 17, 2013

Ocean Rig has the Lowest Price to Book Ratio in the Oil & Gas Drilling Industry (ORIG, NBR, PKD) - Financial News Network Online - News Corner

May 16, 2013

Shares of Ocean Rig Under Pressure, Down 1.3% - Financial News Network Online - Market Movers

May 10, 2013

Stay Away From Shipping Stocks - TheMotleyFool

May 1, 2013

Ocean Rig Makes a Move: Up 3.1% - Financial News Network Online - Market Movers

Apr 24, 2013

Best Relative Performance in the Oil & Gas Drilling Industry Detected in Shares of Noble (NE, SDRL, ORIG, ESV, HERO) - Financial News Network Online - News Corner

Apr 19, 2013

See All News Stories on ORIG

Broker Recommendations

Current ABR	1.25
ABR (Last Week)	1.25
# of recs in ABR	4
Average Target Price	22.80
Industry Rank by ABR	116 out of 265
Rank in Industry	2 out of 20

More ORIG Broker Recommendations

Day Low - High	16.95 - 17.24
52wk Low - High	12.14 - 18.43
Previous Close	16.90
Avg. Volume	205,956
Industry	OIL & GAS-DRILLING
Market Cap	2.24 B
Div - Yield	0.00 - 0.00
Beta	0.18
PE (Forward)	131.00
Current Year Est.	0.13
Quarterly Earnings ESP	18.18%

PE (Forward)	131.00
PEG Ratio	NA
Current Year Est.	0.13
Current Quarter Estimate	-0.22
Most Accurate Estimate	-0.18
Earnings ESP	18.18%
Next Earnings Report Date	06-04-2013
EPS Last Year	-0.24
Expected Earnings Growth	NA

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Ocean Rig Udw: (NASD: ORIG)

$17.03

0.13 (0.77%)

Volume 51,530

May 17 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Oils-Energy>> Industry:OIL & GAS-DRILLING

Zacks Commentary

Financials

News

Broker Recommendations