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: $17.40
  • 50 Day Moving Average: $16.626
  • 200 Day Moving Average: $21.384
  • 52-Week Range: $14.18 - $26.72
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 24.80
  • P/E Growth: -0.540
  • Market Cap: $2.38B
  • Outstanding Shares: 137,169,000
  • Beta: 1.41
  • Net Margins: -30.20%
  • Return on Equity: 9.12%
  • Return on Assets: 5.22%
  • 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: 6 Sell Ratings, 16 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 1.96)
Consensus Price Target: $19.97 (15.02% upside)

Analysts' Ratings History for Diamond Offshore Drilling (NYSE:DO)
DateFirmActionRatingPrice TargetDetails
10/17/2016Credit Agricole SAUpgradeSell -> UnderperformView Rating Details
10/15/2016Jefferies GroupReiterated RatingHold$17.00View Rating Details
10/7/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$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
3/11/2016Piper 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 10/27/2014 forward)


Earnings History for Diamond Offshore Drilling (NYSE:DO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016Q316$0.09$365.03 millionListenView Earnings Details
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)


Earnings Estimates for Diamond Offshore Drilling (NYSE:DO)
Current Year EPS Consensus Estimate: $0.96 EPS
Next Year EPS Consensus Estimate: $0.70 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)


Current Dividend Information for Diamond Offshore Drilling (NYSE:DO)
Annual Dividend:$0.13
Dividend Yield:0.75%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-2.91% (Based on Trailing 12 Months of Earnings)
13.54% (Based on Current Year Consensus EPS Estimate)
18.57% (Based on Next Year Consensus EPS Estimate)

Dividend History for Diamond Offshore Drilling (NYSE:DO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Diamond Offshore Drilling (NYSE:DO)
Insider Ownership Percentage: 0.04%
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)


Latest Headlines for Diamond Offshore Drilling (NYSE:DO)
News IconShares Dipping Down Pre-Bell: Diamond Offshore Drilling, Inc. (NYSE:DO) - CSZ News (NYSE:DO)
cincysportszone.com - October 27 at 3:26 PM
News IconAmerican Century Companies Inc. Acquires 161329 Shares of Diamond Offshore Drilling Inc. (DO) - DailyQuint (NYSE:DO)
dailyquint.com - October 26 at 6:56 AM
News IconDiamond Offshore Drilling Inc (NYSE:DO), Tractor Supply Company (NASDAQ:TSCO), American Homes 4 Rent (NYSE ... - NYSE Journal (press release) (NYSE:DO)
stockznews.com - October 24 at 4:33 PM
News IconAmerican Century Companies Inc. Acquires 161,329 Shares of ... - DailyQuint (NYSE:DO)
dailyquint.com - October 24 at 9:53 AM
News IconPumping the Brakes, Stock Gapping Downward: Diamond Offshore Drilling, Inc. (NYSE:DO) - CSZ News (NYSE:DO)
cincysportszone.com - October 22 at 4:29 PM
News IconCredit Agricole SA Upgrades Diamond Offshore Drilling Inc. (DO) to Underperform (NYSE:DO)
crcconnection.com - October 22 at 8:52 AM
News IconAnalyst Target Update & Review on Diamond Offshore Drilling, Inc. (NYSE:DO) - Recall News (NYSE:DO)
www.automobile-recalls.net - October 21 at 4:42 PM
seekingalpha.com logoNiko Resources Settled With Diamond Offshore Following A 3-Year Long Dispute (NYSE:DO)
seekingalpha.com - October 21 at 7:30 AM
capitalcube.com logoDiamond Offshore Drilling, Inc. breached its 50 day moving average in a Bullish Manner : DO-US : October 20, 2016 (NYSE:DO)
www.capitalcube.com - October 20 at 10:08 AM
News IconBasic materials stocks for your portfolio: Bonanza Creek Energy, Inc. (BCEI), Diamond Offshore Drilling, Inc. (DO) - The Independent Republic (NYSE:DO)
theindependentrepublic.com - October 19 at 9:35 AM
News IconTop Basic Materials Sector Picking: Stillwater Mining Company (SWC), Diamond Offshore Drilling, Inc. (DO) - The Independent Republic (NYSE:DO)
theindependentrepublic.com - October 18 at 9:39 AM
News IconUpdate on Diamond Offshore Drilling, Inc. (NYSE:DO) for the day (NYSE:DO)
twincountynews.com - October 15 at 9:29 AM
News IconStock Perspective: Diamond Offshore Drilling, Inc. (NYSE:DO) Earnings in View - CSZ News (NYSE:DO)
cincysportszone.com - October 14 at 4:33 PM
blogs.barrons.com logoOffshore Drillers: Too Much Complacency? (NYSE:DO)
blogs.barrons.com - October 14 at 4:33 PM
istreetwire.com logoTrader Alert: Diamond Offshore Drilling, Inc. (DO), New Residential Investment Corp. (NRZ), Baker Hughes ... - iStreetWire (NYSE:DO)
istreetwire.com - October 14 at 7:43 AM
istreetwire.com logo3 Stocks to Watch For: Diamond Offshore Drilling, Inc. (DO), Helix Energy Solutions Group, Inc. (HLX), Leucadia ... - iStreetWire (NYSE:DO)
istreetwire.com - October 13 at 4:36 PM
News IconTop Basic Materials Sector Picking: CF Industries Holdings, Inc. (CF), Diamond Offshore Drilling, Inc. (DO) - The Independent Republic (NYSE:DO)
theindependentrepublic.com - October 12 at 9:31 AM
News Icon2 Stocks Analyst-Opinion Need Close Attention Cypress Semiconductor Corporation (NASDAQ:CY), Diamond Offshore ... - The Voice Registrar (NYSE:DO)
voiceregistrar.com - October 12 at 9:31 AM
News IconAmerican Airlines Group Inc (NASDAQ:AAL) & Diamond Offshore Drilling Inc (NYSE:DO) News Recap - Money News (NYSE:DO)
www.newsismoney.com - October 12 at 9:31 AM
realistinvestor.com logoDiamond Offshore Drilling, Inc. (NYSE:DO) Is Expected To Post EPS Of $0.18 - RealistInvestor.com (NYSE:DO)
www.realistinvestor.com - October 12 at 9:31 AM
wallstrt24.com logoStock News Precision Drilling Corp (USA) (NYSE:PDS), Diamond Offshore Drilling Inc (NYSE:DO) - Wall Street 24 (NYSE:DO)
wallstrt24.com - October 12 at 9:31 AM
News IconTwo Basic Materials Stocks Are Hot: Diamond Offshore Drilling, Inc. (DO), SAExploration Holdings, Inc. (SAEX) - The Independent Republic (NYSE:DO)
theindependentrepublic.com - October 12 at 9:31 AM
thestreet.com logoCharts Show Most Oil-Services Stocks Lagging Price of Crude (NYSE:DO)
www.thestreet.com - October 12 at 9:31 AM
News IconAnalysts Downgrade: Diamond Offshore Drilling Inc (NYSE:DO) (NYSE:DO)
avauncer.com - October 11 at 4:48 PM
seekingalpha.com logoDiamond Offshore - BP Trashes Great Australian Bight Project, But Reconfirmed The Ocean GreatWhite Contract (NYSE:DO)
seekingalpha.com - October 11 at 4:48 PM
realistinvestor.com logoDiamond Offshore Drilling, Inc. (NYSE:DO) Is Expected To Post EPS Of $0.18 (NYSE:DO)
www.realistinvestor.com - October 11 at 4:48 PM
publicnow.com logoDiamond Offshore to Release Third Quarter 2016 Results on October 31 (NYSE:DO)
www.publicnow.com - October 11 at 4:48 PM
istreetwire.com logoStocks in Focus: Diamond Offshore Drilling (DO), MGM Resorts International (MGM), Caterpillar (CAT) - iStreetWire (NYSE:DO)
istreetwire.com - October 10 at 4:29 PM
blogs.barrons.com logoOffshore Drillers: Green Shoots? (NYSE:DO)
blogs.barrons.com - October 10 at 4:29 PM
News IconRating Coverage: Seaport Global Gives Diamond Offshore Drilling Inc (NYSE:DO) Lower Rating. Lost Its Accumulate Rating (NYSE:DO)
www.whatsonthorold.com - October 10 at 9:27 AM
News IconWhat are Analysts Expecting for Diamond Offshore Drilling, Inc. (NYSE:DO) Earnings? - CSZ News (NYSE:DO)
cincysportszone.com - October 8 at 9:21 AM
blogs.barrons.com logo3 Offshore Drillers, 3 Downgrades (NYSE:DO)
blogs.barrons.com - October 7 at 4:35 PM
finance.yahoo.com logoDiamond Offshore downgraded by Seaport Global Securities (NYSE:DO)
finance.yahoo.com - October 7 at 9:36 AM
News IconPay Close Attention To These Analyst Ratings Diamond Offshore Drilling Inc (NYSE:DO), NOW Inc (NYSE:DNOW) - The Voice Registrar (NYSE:DO)
voiceregistrar.com - October 6 at 10:14 AM
istreetwire.com logoTrader's Buzzers: Diamond Offshore Drilling, Inc. (DO), CenturyLink, Inc. (CTL), Progenics Pharmaceuticals, Inc. (PGNX) - iStreetWire (NYSE:DO)
istreetwire.com - October 5 at 9:51 AM
News IconStocks on the Move: Oasis Petroleum Inc. (NYSE:OAS), Diamond Offshore Drilling Inc (NYSE:DO), Progenics ... - NYSE Journal (press release) (NYSE:DO)
stockznews.com - October 5 at 9:51 AM
istreetwire.com logo3 Notable Runners: National Oilwell Varco, (NOV), Diamond Offshore Drilling, (DO), Southern Company (SO) - iStreetWire (NYSE:DO)
istreetwire.com - October 4 at 9:31 AM
News IconAnalysts Roundup at Gainers/Losers: Diamond Offshore Drilling, Inc. (NYSE:DO), B2Gold Corp. (NYSE:BTG) - Seneca Globe (NYSE:DO)
www.senecaglobe.com - October 4 at 9:31 AM
News IconWorth Watching Stocks to Track: Kroger Co (NYSE:KR), Diamond Offshore Drilling Inc (NYSE:DO) - NYSE Journal (press release) (NYSE:DO)
stockznews.com - October 3 at 4:29 PM
News IconStock to Track: Diamond Offshore Drilling Inc (NYSE:DO) - Post Registrar (NYSE:DO)
postregistrar.com - October 3 at 4:29 PM
News IconPay Close Attention To These Analyst Ratings Diamond Offshore Drilling Inc (NYSE:DO), Frontier Communications ... - The Voice Registrar (NYSE:DO)
voiceregistrar.com - October 3 at 9:26 AM
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


Diamond Offshore Drilling (NYSE:DO) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by MarketBeat.com Staff