Diamond Offshore Drilling Company Profile (NYSE:DO)

About Diamond Offshore Drilling

Diamond Offshore Drilling logoDiamond Offshore Drilling, Inc. is engaged in offshore drilling and providing contract drilling services to the energy industry. The Company has a fleet of approximately 30 offshore drilling rigs, such as semisubmersibles, jack-ups and dynamically positioned (DP) drillships. Its fleet offers a range of services around the world in the floater market (ultra-deepwater, deepwater and mid-water). Its Jack-up rigs are mobile, self-elevating drilling platforms equipped with legs that are lowered to the ocean floor. Its jack-ups are used for drilling in water depths from 20 feet to 350 feet. All of its jack-up rigs are equipped with a cantilever system that enables the rig to extend its drilling package over the aft end of the rig. Its drillships and semisubmersible rigs include Ocean Greatwhite, Ocean Valor, Ocean Courage, Ocean BlackHornet, Ocean BlackRhino and others. It provides offshore drilling services to oils and gas companies and government-owned oil companies.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Drilling
  • Exchange: NYSE
  • Symbol: DO
  • CUSIP: 25271C10
Key Metrics:
  • Previous Close: $17.61
  • 50 Day Moving Average: $17.50
  • 200 Day Moving Average: $22.02
  • 52-Week Range: $14.18 - $26.72
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 24.80
  • P/E Growth: -0.40
  • Market Cap: $2.42B
  • Outstanding Shares: 137,169,000
  • Beta: 1.42
Profitability:
  • Net Margins: -30.20%
  • Return on Equity: 9.12%
  • Return on Assets: 5.22%
Debt:
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 0.87%
  • Quick Ratio: 0.87%
Additional Links:
Companies Related to Diamond Offshore Drilling:

Analyst Ratings

Consensus Ratings for Diamond Offshore Drilling (NYSE:DO) (?)
Ratings Breakdown: 5 Sell Ratings, 16 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $20.32 (15.36% upside)

Analysts' Ratings History for Diamond Offshore Drilling (NYSE:DO)
Show:
DateFirmActionRatingPrice TargetDetails
9/28/2016Jefferies GroupLower Price TargetHold$22.00 -> $17.00View Rating Details
9/26/2016Credit Suisse Group AGReiterated RatingHold$18.00View Rating Details
9/21/2016Goldman Sachs Group Inc.DowngradeNeutral -> Sell$18.50 -> $10.00View Rating Details
9/20/2016Evercore ISIUpgradeHold -> Buy$22.00 -> $19.00View Rating Details
9/19/2016Zephirin GroupUpgradeHold -> Buy$22.00View Rating Details
9/15/2016Bank of America Corp.Reiterated RatingBuy$28.00View Rating Details
9/14/2016ScotiabankReiterated RatingSector PerformView Rating Details
9/14/2016Howard WeilInitiated CoverageSector Perform$17.00View Rating Details
9/2/2016Citigroup Inc.Lower Price TargetNeutral$21.00 -> $18.00View Rating Details
8/16/2016NomuraBoost Price TargetReduce$16.00 -> $17.00View Rating Details
8/13/2016RBC Capital MarketsReiterated RatingSector Perform$29.00 -> $23.00View Rating Details
8/12/2016Royal Bank Of CanadaLower Price TargetSector Perform$29.00 -> $23.00View Rating Details
8/8/2016Barclays PLCBoost Price TargetUnderweight$14.00 -> $15.00View Rating Details
8/2/2016FBR & CoReiterated RatingSellView Rating Details
5/31/2016KLR GroupUpgradeAccumulate -> Buy$33.00View Rating Details
5/3/2016Deutsche Bank AGBoost Price TargetHold$14.00 -> $17.00View Rating Details
5/2/2016BMO Capital MarketsReiterated RatingSellView Rating Details
5/3/2016SimmonsReiterated RatingHold$19.00 -> $19.25View Rating Details
4/11/2016Clarkson CapitalReiterated RatingNeutralView Rating Details
4/12/2016SusquehannaBoost Price Target$20.00 -> $22.00View Rating Details
3/21/2016Cowen and CompanyLower Price Target$21.00 -> $20.00View Rating Details
3/14/2016Seaport Global SecuritiesUpgradeNeutral -> Accumulate$17.00 -> $25.00View Rating Details
3/11/2016Piper Jaffray Cos.UpgradeUnderweight -> Neutral$16.50 -> $19.00View Rating Details
2/9/2016JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 -> $20.00View Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$27.00View Rating Details
11/3/2015Iberia CapitalUpgradeUnderperform -> Sector Perform$18.50 -> $22.00View Rating Details
10/8/2015KeyCorpInitiated CoverageSector WeightView Rating Details
9/1/2015Wells Fargo & Co.UpgradeUnderperform -> Market PerformView Rating Details
2/3/2015Morgan StanleyDowngradeEqual Weight -> Underweight$29.50 -> $27.00View Rating Details
11/3/2014Nordea Equity ResearchLower Price TargetSell -> Strong Sell$30.00 -> $29.00View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Diamond Offshore Drilling (NYSE:DO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
8/1/2016Q216$0.08$0.16$374.17 million$388.75 millionViewListenView Earnings Details
5/2/2016Q116$0.27$0.64$411.98 million$471.00 millionViewListenView Earnings Details
2/8/2016Q415$0.51($1.79)$515.63 million$556.00 millionViewListenView Earnings Details
11/2/2015Q315$0.60$1.01$595.48 million$609.70 millionViewListenView Earnings Details
8/3/2015Q215$0.48$0.66$599.35 million$634.00 millionViewListenView Earnings Details
5/4/2015Q115$0.43$0.50$622.36 million$620.00 millionViewListenView Earnings Details
2/9/2015Q414$0.65$0.72$679.25 million$675.00 millionViewListenView Earnings Details
10/23/2014Q314$0.79$0.38$740.50 million$738.00 millionViewListenView Earnings Details
7/24/2014Q214$0.58$0.58$690.33 million$692.24 millionViewListenView Earnings Details
4/24/2014Q114$0.64$0.93$686.51 million$709.00 millionViewListenView Earnings Details
2/6/2014Q413$0.80$0.67$705.35 million$707.97 millionViewListenView Earnings Details
10/24/2013Q313$1.18$1.22$753.84 million$691.00 millionViewListenView Earnings Details
7/25/2013Q2 2013$1.24$1.33$767.42 billion$758.00 billionViewListenView Earnings Details
4/25/2013Q1 2013$1.16$1.27$712.66 million$730.00 millionViewListenView Earnings Details
2/5/2013Q4 2012$1.10$1.12$740.00 million$751.00 millionViewListenView Earnings Details
10/18/2012$1.02$1.28ViewN/AView Earnings Details
7/19/2012$0.91$1.09ViewN/AView Earnings Details
4/19/2012$1.00$1.33ViewN/AView Earnings Details
2/2/2012$1.00$1.36ViewN/AView Earnings Details
10/20/2011$1.47$1.85ViewN/AView Earnings Details
7/21/2011$1.90$1.92ViewN/AView Earnings Details
4/21/2011$1.43$1.80ViewN/AView Earnings Details
2/3/2011$1.47$1.74ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Diamond Offshore Drilling (NYSE:DO)
Current Year EPS Consensus Estimate: $1.02 EPS
Next Year EPS Consensus Estimate: $0.71 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167($0.07)$0.30$0.17
Q2 20166($0.16)$0.00($0.06)
Q3 20167$0.05$0.22$0.12
Q4 20166($0.09)$0.29$0.18
Q1 20173$0.22$0.47$0.33
Q2 20173$0.21$0.34$0.27
Q3 20173$0.17$0.26$0.22
Q4 20174($0.22)$0.16($0.03)
Q1 20181$0.10$0.10$0.10
Q2 20181$0.11$0.11$0.11
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Diamond Offshore Drilling (NYSE:DO)
Annual Dividend:$0.13
Dividend Yield:0.74%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-2.91% (Based on Trailing 12 Months of Earnings)
12.75% (Based on Current Year Consensus EPS Estimate)
18.31% (Based on Next Year Consensus EPS Estimate)

Dividend History for Diamond Offshore Drilling (NYSE:DO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/2/2015quarterly$0.132.13%11/10/201511/13/201512/1/2015
8/3/2015quarterly$0.132.36%8/12/20158/14/20159/1/2015
5/4/2015quarterly$0.135/13/20155/15/20156/1/2015
2/9/2015quarterly$0.132/18/20152/20/20153/2/2015
10/23/2014special$0.7511/3/201411/5/201412/1/2014
7/24/2014special$0.758/4/20148/6/20149/2/2014
4/24/2014special$0.755/5/20145/7/20146/2/2014
2/6/2014quarterly$0.131.06%2/14/20142/19/20143/3/2014
2/6/2014special$0.751.06%2/14/20142/19/20143/3/2014
10/24/2013quarterly$0.130.82%11/1/201311/5/201312/2/2013
10/24/2013special$0.750.82%11/1/201311/5/201312/2/2013
7/25/2013quarterly$0.130.72%8/2/20138/6/20139/3/2013
7/25/2013special$0.750.72%8/2/20138/6/20139/3/2013
4/26/2013quarterly$0.130.73%5/3/20135/7/20136/3/2013
4/25/2013special$0.750.73%5/3/20135/7/20136/3/2013
2/6/2013quarterly$0.130.68%2/14/20132/19/20133/1/2013
2/5/2013special$0.750.68%2/14/20132/19/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Diamond Offshore Drilling (NYSE:DO)
Insider Ownership Percentage: 0.04%
Institutional Ownership Percentage: 99.34%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/30/2015Edward GrebowDirectorBuy1,000$25.75$25,750.00View SEC Filing  
3/18/2015Corp LoewsMajor ShareholderBuy218,781$26.61$5,821,762.41View SEC Filing  
3/13/2015Corp LoewsMajor ShareholderBuy685,373$26.58$18,217,214.34View SEC Filing  
12/8/2014Corp LoewsMajor ShareholderBuy289,205$29.70$8,589,388.50View SEC Filing  
12/8/2014Paul G GaffneyDirectorBuy1,000$29.44$29,440.00View SEC Filing  
12/2/2014Corp LoewsMajor ShareholderBuy410,395$29.43$12,077,924.85View SEC Filing  
11/6/2014Corp LoewsMajor ShareholderBuy1,180,000$34.31$40,485,800.00View SEC Filing  
9/15/2014James S TischDirectorSell1,875$39.70$74,437.50View SEC Filing  
6/19/2014Raymond S TroubhDirectorSell1,000$49.41$49,410.00View SEC Filing  
6/16/2014James S TischDirectorSell1,875$49.38$92,587.50View SEC Filing  
5/16/2014William LongVPSell1,252$49.68$62,199.36View SEC Filing  
5/8/2014James TischDirectorSell1,875$52.52$98,475.00View SEC Filing  
3/11/2014Paul GaffneyDirectorBuy2,000$48.00$96,000.00View SEC Filing  
2/14/2014Edward GrebowDirectorBuy3,000$46.52$139,560.00View SEC Filing  
12/13/2013Paul GaffneyDirectorBuy1,000$56.18$56,180.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Diamond Offshore Drilling (NYSE:DO)
DateHeadline
marketrealist.com logoDiamond Offshore Has Dropped out of the S&P 500 Index (NYSE:DO)
marketrealist.com - September 30 at 5:01 PM
marketrealist.com logoDiamond Offshore’s Revenue Estimates Fell in the Past Month (NYSE:DO)
marketrealist.com - September 30 at 5:01 PM
seekingalpha.com logoDiamond Offshore: Opportunity Or Risk? (NYSE:DO)
seekingalpha.com - September 30 at 9:44 AM
marketrealist.com logoOffshore Drilling Stocks Trade in the Green in September (NYSE:DO)
marketrealist.com - September 30 at 9:44 AM
News Icon2 Stocks Attracting Analyst Attention: Twilio Inc (NYSE:TWLO), Diamond Offshore Drilling Inc (NYSE:DO) - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 29 at 4:38 PM
benzinga.com logoCan You Guess This Chart? - Benzinga (NYSE:DO)
www.benzinga.com - September 29 at 4:38 PM
News IconPay Close Attention To These Analyst Ratings Diamond Offshore Drilling Inc (NYSE:DO), FMC Technologies, Inc ... - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 28 at 4:30 PM
247wallst.com logoCoty to Replace Diamond Offshore on the S&P 500 - 24/7 Wall St. (NYSE:DO)
247wallst.com - September 28 at 4:30 PM
blogs.barrons.com logoWhat Coty Brings To S&P 500: Brazil Consumer (NYSE:DO)
blogs.barrons.com - September 28 at 9:32 AM
mysmartrend.com logoDiamond Offshore Drilling Has Returned 30.4% Since SmarTrend Recommendation (DO) (NYSE:DO)
www.mysmartrend.com - September 27 at 9:14 AM
News IconAnalysts Valuations For Two Stocks: Diamond Offshore Drilling Inc (NYSE:DO), Amkor Technology, Inc. (NASDAQ:AMKR) - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 26 at 4:49 PM
News IconBrazil Oil Upside — Diamond Offshore Upgrade (NYSE:DO)
www.crcconnection.com - September 24 at 9:20 AM
benzinga.com logoGoldman Adds Diamond Offshore To 'Conviction Sell' List, Removes Noble - Benzinga (NYSE:DO)
www.benzinga.com - September 23 at 9:42 AM
News IconAnalyst's Report on: Diamond Offshore Drilling Inc (NYSE:DO) - Post Registrar (NYSE:DO)
postregistrar.com - September 23 at 9:42 AM
News IconDiamond Offshore Drilling Inc (NYSE:DO) Analyst Opinion (NYSE:DO)
thelakeandeswave.com - September 21 at 5:09 PM
News IconDiamond Offshore Drilling (DO) Shares are Down -1.79% (NYSE:DO)
www.crcconnection.com - September 21 at 5:09 PM
blogs.barrons.com logoGoldman Sachs: Offshore Drillers are Still in Trouble But Ensco Can Gain 50% (NYSE:DO)
blogs.barrons.com - September 21 at 5:09 PM
blogs.barrons.com logoDiamond Offshore Upgrade: Brazil Oil Upside (NYSE:DO)
blogs.barrons.com - September 21 at 5:09 PM
News IconActive Stocks in Frontline Rating- Diamond Offshore Drilling, Inc. (NYSE:DO), Helmerich & Payne, Inc. (NYSE:HP) - Seneca Globe (NYSE:DO)
www.senecaglobe.com - September 21 at 8:57 AM
seekingalpha.com logoDiamond Offshore Drilling: Scrapping Ahead - Seeking Alpha (NYSE:DO)
seekingalpha.com - September 21 at 8:57 AM
blogs.barrons.com logoOffshore Drilling: Why New Rig Cancellations Might Be Good News (NYSE:DO)
blogs.barrons.com - September 21 at 8:56 AM
marketrealist.com logoEVA Dimensions Upgrades Diamond Offshore (NYSE:DO)
marketrealist.com - September 21 at 8:56 AM
marketrealist.com logoWells Fargo Downgrades Seadrill Partners (NYSE:DO)
marketrealist.com - September 20 at 8:23 AM
News IconConsensus Take: Diamond Offshore Drilling, Inc. (NYSE:DO) Earnings & Ratings Watch - Frisco Fastball (NYSE:DO)
friscofastball.com - September 19 at 3:32 PM
News IconRestated Stocks Active on Selling Boundary- Diamond Offshore Drilling (NYSE:DO), EnLink Midstream Partners (NYSE ... - Seneca Globe (NYSE:DO)
www.senecaglobe.com - September 19 at 3:32 PM
blogs.barrons.com logoOffshore Drillers: 'The Market Needs to Collapse' But… (NYSE:DO)
blogs.barrons.com - September 19 at 3:32 PM
seekingalpha.com logoDiamond Offshore - Temporary Relief For The Ocean Valor After Filing An Injunction Against Petrobras. (NYSE:DO)
seekingalpha.com - September 19 at 9:21 AM
News IconSell-side is Weighing in on Diamond Offshore Drilling, Inc. (NYSE:DO) Earnings & Targets - Frisco Fastball (NYSE:DO)
friscofastball.com - September 18 at 4:32 PM
News IconAnalysts Valuations For Two Stocks: Diamond Offshore Drilling Inc (NYSE:DO), Energy Recovery, Inc. (NASDAQ:ERII) - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 16 at 8:22 AM
forbes.com logoThursday Sector Leaders: Energy, Healthcare - Forbes (NYSE:DO)
www.forbes.com - September 15 at 5:00 PM
marketnewsvideo.com logoDiamond Offshore Drilling Becomes #36 Most Shorted S&P 500 Component, Replacing Corning (NYSE:DO)
www.marketnewsvideo.com - September 14 at 9:52 PM
realistinvestor.com logoDiamond Offshore Drilling, Inc. (NYSE:DO) Is Expected To Post EPS Of $0.2 (NYSE:DO)
www.realistinvestor.com - September 14 at 9:52 PM
marketrealist.com logoUS Crude Oil Rig Counts Could Slow US Crude Production Fall (NYSE:DO)
marketrealist.com - September 14 at 4:44 PM
realistinvestor.com logoDiamond Offshore Drilling, Inc. (NYSE:DO) Is Expected To Post EPS Of $0.2 - RealistInvestor.com (NYSE:DO)
www.realistinvestor.com - September 14 at 8:50 AM
thestreet.com logoCharts Show McDermott the Only Oil Services Stock Outperforming Crude Oil (NYSE:DO)
www.thestreet.com - September 13 at 9:33 AM
News IconAnalysts Valuations For Two Stocks: MGIC Investment Corp. (NYSE:MTG), Diamond Offshore Drilling Inc (NYSE:DO) - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 12 at 4:28 PM
News IconDiamond Offshore Drilling Inc (NYSE:DO) & Nabors Industries Ltd ... - Money News (NYSE:DO)
www.newsismoney.com - September 12 at 4:28 PM
News IconAnalysts Concerns on: Diamond Offshore Drilling Inc (NYSE:DO) - Post Registrar (NYSE:DO)
postregistrar.com - September 12 at 4:28 PM
forbes.com logoDO Stock Crowded With Sellers (NYSE:DO)
www.forbes.com - September 9 at 12:30 PM
News IconPlacing Diamond Offshore Drilling, Inc. (NYSE:DO) Shares Under the Microscope - Post News (NYSE:DO)
www.kentuckypostnews.com - September 9 at 9:30 AM
News IconWorth Watching Stocks in the Spotlight: Navidea Biopharmaceuticals Inc (NYSEMKT:NAVB), Diamond Offshore Drilling ... - NYSE Journal (press release) (NYSE:DO)
stockznews.com - September 9 at 9:30 AM
News IconStock Showing Gains in Afternoon Trading: Diamond Offshore Drilling, Inc. (NYSE:DO) - National Daily Press (NYSE:DO)
www.nationaldailypress.com - September 9 at 9:30 AM
thestreet.com logoCramer: Market's One-Track Mind Could Derail Those of Like Thought (NYSE:DO)
realmoney.thestreet.com - September 9 at 9:29 AM
News IconStock Showing Gains in Afternoon Trading: Diamond Offshore Drilling, Inc. (NYSE:DO) (NYSE:DO)
www.nationaldailypress.com - September 8 at 4:34 PM
News IconMovers to Watch: Diamond Offshore Drilling Inc (NYSE:DO), MeetMe Inc (NASDAQ:MEET), AstraZeneca plc (ADR ... - NYSE Journal (press release) (NYSE:DO)
stockznews.com - September 8 at 8:29 AM
News IconAnalysts Valuations For Two Stocks: Diamond Offshore Drilling Inc ... - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 7 at 4:49 PM
biz.yahoo.com logoDIAMOND OFFSHORE DRILLING INC Files SEC form 8-K, Regulation FD Disclosure (NYSE:DO)
biz.yahoo.com - September 6 at 9:32 AM
News IconAnalysts Valuations For Two Stocks: Diamond Offshore Drilling Inc (NYSE:DO), Parsley Energy Inc (NYSE:PE) - The Voice Registrar (NYSE:DO)
voiceregistrar.com - September 5 at 4:23 PM
News IconWorth Watching Stocks Under Review: Momo Inc (ADR)(NASDAQ:MOMO), Diamond Offshore Drilling Inc (NYSE:DO ... - NYSE Journal (press release) (NYSE:DO)
stockznews.com - September 4 at 9:10 AM
seekingalpha.com logoPetrobras Deals A Big Blow To Diamond Offshore (NYSE:DO)
seekingalpha.com - September 2 at 4:35 PM

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Diamond Offshore Drilling (NYSE:DO) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff