Ocean Rig UDW Inc. (ORIG) - NASDAQ
  • Mar. 20, 2013, 11:14 AM

    Transocean (RIG +1.2%) would be better off ignoring Carl icahn's call for a fatter dividend and using some of its extra cash on acquisitions to upgrade its fleet and improve sales growth, some analysts say. Purchasing a company - such as ORIG or PACD - with more modern rigs could help trim RIG’s maintenance costs and allow it to charge higher rates to customers.

    | Mar. 20, 2013, 11:14 AM | 2 Comments
Company Description
Ocean Rig UDW Inc is an offshore drilling contractor providing oilfield services for offshore oil & gas exploration, development & production drilling & specializing in the ultra-deepwater & harsh-environment segment of the offshore drilling industry.
Industry: Oil & Gas Drilling & Exploration
Country: United States