Head-To-Head Analysis: Ocean Rig UDW (ORIG) versus Baytex Energy (BTE)

Ocean Rig UDW (NASDAQ: ORIG) and Baytex Energy (NYSE:BTE) are both oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, institutional ownership and analyst recommendations.

Valuation & Earnings

This table compares Ocean Rig UDW and Baytex Energy’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Ocean Rig UDW $1.01 billion 2.62 -$5.40 million N/A N/A
Baytex Energy $1.42 billion 0.71 $67.24 million ($0.02) -214.00

Baytex Energy has higher revenue and earnings than Ocean Rig UDW.

Profitability

This table compares Ocean Rig UDW and Baytex Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Ocean Rig UDW N/A N/A N/A
Baytex Energy 4.57% -4.74% -2.04%

Insider & Institutional Ownership

81.7% of Ocean Rig UDW shares are owned by institutional investors. Comparatively, 20.1% of Baytex Energy shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Ocean Rig UDW and Baytex Energy, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ocean Rig UDW 0 1 2 0 2.67
Baytex Energy 3 2 3 0 2.00

Ocean Rig UDW presently has a consensus price target of $30.00, suggesting a potential upside of 3.59%. Baytex Energy has a consensus price target of $5.00, suggesting a potential upside of 16.82%. Given Baytex Energy’s higher probable upside, analysts plainly believe Baytex Energy is more favorable than Ocean Rig UDW.

Volatility & Risk

Ocean Rig UDW has a beta of 1.32, indicating that its share price is 32% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 3.08, indicating that its share price is 208% more volatile than the S&P 500.

Summary

Baytex Energy beats Ocean Rig UDW on 6 of the 11 factors compared between the two stocks.

Ocean Rig UDW Company Profile

Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling worldwide. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company owns and operates two fifth generation harsh weather ultra-deepwater semisubmersible offshore drilling units under the Leiv Eiriksson and Eirik Raude names; five sixth generation ultra-deepwater drilling units under the Ocean Rig Corcovado, the Ocean Rig Olympia, the Ocean Rig Poseidon, and the Ocean Rig Mykonos names; and four seventh generation drilling units under the Ocean Rig Mylos, the Ocean Rig Skyros, the Ocean Rig Athena, and the Ocean Rig Apollo names. It serves oil companies, integrated oil and gas companies, state-owned national oil companies, and independent oil and gas companies. The company is based in George Town, the Cayman Islands.

Baytex Energy Company Profile

Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. It offers heavy oil, heavy gravity crude oil, bitumen, light oil, and natural gas liquids. Its primary oil resource plays include the Eagle Ford in Texas, and the Peace River Oil Sands and Lloydminster heavy oil projects in North America. The company provides 612 million barrels of oil equivalent; bitumen in low estimate to 1,181 million barrels of oil equivalent; and bitumen in the high estimate to 798 million barrels of oil equivalent. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

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