DO vs. NBR, HP, PTEN, PDS, BORR, HPK, RIG, VAL, DMLP, and SHLS
Should you be buying Diamond Offshore Drilling stock or one of its competitors? The main competitors of Diamond Offshore Drilling include Nabors Industries (NBR), Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Precision Drilling (PDS), Borr Drilling (BORR), HighPeak Energy (HPK), Transocean (RIG), Valaris (VAL), Dorchester Minerals (DMLP), and Shoals Technologies Group (SHLS). These companies are all part of the "oils/energy" sector.
Diamond Offshore Drilling (NYSE:DO) and Nabors Industries (NYSE:NBR) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, dividends, community ranking, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
In the previous week, Nabors Industries had 17 more articles in the media than Diamond Offshore Drilling. MarketBeat recorded 19 mentions for Nabors Industries and 2 mentions for Diamond Offshore Drilling. Diamond Offshore Drilling's average media sentiment score of 0.00 beat Nabors Industries' score of -0.26 indicating that Diamond Offshore Drilling is being referred to more favorably in the media.
Nabors Industries has higher revenue and earnings than Diamond Offshore Drilling. Diamond Offshore Drilling is trading at a lower price-to-earnings ratio than Nabors Industries, indicating that it is currently the more affordable of the two stocks.
90.8% of Diamond Offshore Drilling shares are owned by institutional investors. Comparatively, 81.9% of Nabors Industries shares are owned by institutional investors. 0.7% of Diamond Offshore Drilling shares are owned by insiders. Comparatively, 7.1% of Nabors Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Nabors Industries received 154 more outperform votes than Diamond Offshore Drilling when rated by MarketBeat users. Likewise, 61.72% of users gave Nabors Industries an outperform vote while only 49.65% of users gave Diamond Offshore Drilling an outperform vote.
Diamond Offshore Drilling presently has a consensus target price of $20.33, indicating a potential upside of 54.04%. Nabors Industries has a consensus target price of $127.80, indicating a potential upside of 65.54%. Given Nabors Industries' higher possible upside, analysts clearly believe Nabors Industries is more favorable than Diamond Offshore Drilling.
Diamond Offshore Drilling has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500. Comparatively, Nabors Industries has a beta of 2.33, suggesting that its stock price is 133% more volatile than the S&P 500.
Nabors Industries has a net margin of -3.45% compared to Diamond Offshore Drilling's net margin of -4.23%. Diamond Offshore Drilling's return on equity of -5.04% beat Nabors Industries' return on equity.
Summary
Nabors Industries beats Diamond Offshore Drilling on 10 of the 18 factors compared between the two stocks.
Get Diamond Offshore Drilling News Delivered to You Automatically
Sign up to receive the latest news and ratings for DO and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding DO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Diamond Offshore Drilling Competitors List
Related Companies and Tools
