Archive | July 2013

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Ocean Rig: The Bull and Bear Case

Ocean Rig earnings Ocean Rig UDW Inc (NASDAQ:ORIG) is a drilling contractor specializing in ultra-deep-water and harsh environment drilling. According to the firm’s most recent quarterly report, the company had $6.2 billion in assets and $3.3 billion in liabilities, equal to a total shareholder equity of $2.9 billion, or roughly $22.3 per share, indicating that the […]