Ocean Rig UDW: A Look At The Second Quarter Results [Seeking Alpha]
OCEAN RIG UDW (ORIG)
US:NASDAQ Investor Relations:
ocean-rig.irwebpage.com/ir.html
Company Research
Source: Seeking Alpha
Ocean Rig UDW: A Look At The Second Quarter ResultsSummaryFor the second quarter of 2018, the company reported a net loss of $19.09 million or $0.21 basic and diluted earnings per share.A broad floaters' recovery seems to shape up, judging by the number of tenders (77) going on, and what has been said by the major companies in this industry.ORIG offers an opportunity at under $24, assuming we effectively experience a floaters' recovery later this year which is still uncertain.
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