IB Net Payout Yields Model

Here's Why Start-Up Issues Aren't a Concern for Ocean Rig

For a relatively young company forecasting fast growth, offshore drilling contractor Ocean Rig (NASDAQ: ORIG  ) trades at a very attractive earnings multiple. The company continues to bump along with start-up issues from new drillships, but it appears poised to produce strong results going forward based on a solid contract book and an improving deepwater drilling market.

Read the full article here.

Disclosure: Long ATW. Please review the disclaimer page for more details. 


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