On a day stocks edged lower, Amazon topped a trillion dollars in market capitalization, and Transocean announced acquisition plans.
News & Analysis: Ocean Rig UDW
The offshore driller is joining forces with an industry giant.
Sliding crude prices caused double-digit losses in ENSCO, Ocean Rig, EP Energy, Tidewater, and Nabors Industries.
Higher oil prices, when combined with a number of other positive catalysts, fueled big gains in Emerge Energy Services, Penn West Petroleum, Baytex Energy, Ocean Rig, and Eclipse Resources.
Energy stocks are selling off today, which is taking down major offshore drillers, including Seadrill, Transocean, and Ocean Rig.
Ocean Rig UDW felt the pains of falling oil prices and a fearful market in July. Are there bigger fears investors need to know about?
June was another terrible month for Ocean Rig UDW Inc. shareholders.
Ocean Rig UDW Inc offers new stock at a deep discount to the current price.
A strong quarter had investors excited about this offshore drilling stock.
The profit DryShips reported may tempt you into the stock, but the profit is an illusion. Tread carefully.