Media headlines about Ocean Rig UDW (NASDAQ:ORIG) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ocean Rig UDW earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.6645397024386 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern’s analysis:
- Ocean Rig UDW Inc. (ORIG) (au.finance.yahoo.com)
- Ocean Rig UDW Inc. Announces Updates to Rig Employment (finance.yahoo.com)
- Don’t Miss to Watch Stock:: Ocean Rig UDW Inc. (ORIG),PCM, Inc. (PCMI) (bitcoinpriceupdate.review)
- Bullish or Bearish Territory? Ocean Rig UDW Inc. (ORIG) (connectinginvestor.com)
A number of brokerages recently commented on ORIG. BidaskClub upgraded Ocean Rig UDW from a “hold” rating to a “buy” rating in a report on Wednesday, June 13th. ValuEngine upgraded Ocean Rig UDW from a “strong sell” rating to a “sell” rating in a report on Monday, July 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $30.00.
Ocean Rig UDW (NASDAQ:ORIG) last posted its quarterly earnings data on Wednesday, May 16th. The oil and gas company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.22. The firm had revenue of $194.10 million during the quarter, compared to the consensus estimate of $176.85 million. The company’s revenue for the quarter was down 35.9% compared to the same quarter last year.
About Ocean Rig UDW
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.
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