Diamond Offshore Drilling Company Profile (NYSE:DO)

About Diamond Offshore Drilling (NYSE:DO)

Diamond Offshore Drilling logoDiamond Offshore Drilling, Inc. provides contract drilling services to the energy industry. As of December 31, 2016, the Company had a fleet of 24 offshore drilling rigs. As of December 31, 2016, its fleet consisted of four drillships, 19 semisubmersible rigs and one jack-up rig. Its fleet enables it to offer a range of services, primarily in the floater market, including ultra-deepwater, deepwater and mid-water. The principal markets for its offshore contract drilling services are the Gulf of Mexico, including the United States and Mexico; South America, principally offshore Brazil, and Trinidad and Tobago; Australia and Southeast Asia, including Malaysia, Indonesia and Vietnam; Europe, principally offshore the United Kingdom and Norway; East and West Africa; the Mediterranean, and the Middle East. The Company provides offshore drilling services to a customer base that includes independent oil and gas companies, and government-owned oil companies.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling
  • Sub-Industry: Oil & Gas Drilling
  • Symbol: NYSE:DO
  • CUSIP: 25271C10
  • Web: www.diamondoffshore.com
Capitalization:
  • Market Cap: $2.1 billion
  • Outstanding Shares: 137,226,000
Average Prices:
  • 50 Day Moving Avg: $14.08
  • 200 Day Moving Avg: $12.88
  • 52 Week Range: $10.06 - $22.65
P/E:
  • Trailing P/E Ratio: 12.42
  • Foreward P/E Ratio: 80.42
  • P/E Growth: -0.94
Sales & Book Value:
  • Annual Revenue: $1.48 billion
  • Price / Sales: 1.42
  • Book Value: $27.63 per share
  • Price / Book: 0.55
Profitability:
  • EBITDA: $660.47 million
  • Net Margins: 11.19%
  • Return on Equity: 5.77%
  • Return on Assets: 3.42%
Debt:
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 3.69%
  • Quick Ratio: 3.69%
Misc:
  • Average Volume: 2.84 million shs.
  • Beta: 1.19
  • Short Ratio: 7.99
 

Frequently Asked Questions for Diamond Offshore Drilling (NYSE:DO)

What is Diamond Offshore Drilling's stock symbol?

Diamond Offshore Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "DO."

How were Diamond Offshore Drilling's earnings last quarter?

Diamond Offshore Drilling, Inc. (NYSE:DO) released its quarterly earnings data on Monday, July, 31st. The company reported $0.45 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.21. The firm had revenue of $399.30 million for the quarter, compared to analyst estimates of $381.50 million. Diamond Offshore Drilling had a net margin of 11.19% and a return on equity of 5.77%. The business's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 earnings per share. View Diamond Offshore Drilling's Earnings History.

When will Diamond Offshore Drilling make its next earnings announcement?

Diamond Offshore Drilling is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Diamond Offshore Drilling.

Where is Diamond Offshore Drilling's stock going? Where will Diamond Offshore Drilling's stock price be in 2017?

24 equities research analysts have issued 12 month price objectives for Diamond Offshore Drilling's stock. Their predictions range from $9.00 to $22.00. On average, they anticipate Diamond Offshore Drilling's stock price to reach $14.46 in the next twelve months. View Analyst Ratings for Diamond Offshore Drilling.

Who are some of Diamond Offshore Drilling's key competitors?

Who are Diamond Offshore Drilling's key executives?

Diamond Offshore Drilling's management team includes the folowing people:

  • James S. Tisch, Chairman of the Board
  • Marc G. R. Edwards, President, Chief Executive Officer, Director
  • Kelly Youngblood, Chief Financial Officer, Senior Vice President
  • Thomas M. Roth, Senior Vice President - Worldwide Operations
  • Ronald Woll, Senior Vice President, Chief Commercial Officer
  • Beth G. Gordon, Vice President, Controller
  • David L. Roland, Senior Vice President, General Counsel, Secretary
  • Edward Grebow, Lead Independent Director, Presiding Director
  • Kenneth I. Siegel, Director
  • Andrew H. Tisch, Director

Who owns Diamond Offshore Drilling stock?

Diamond Offshore Drilling's stock is owned by a number of of retail and institutional investors. Top institutional investors include Mutual of America Capital Management LLC (0.04%) and Shell Asset Management Co. (0.01%). View Institutional Ownership Trends for Diamond Offshore Drilling.

Who bought Diamond Offshore Drilling stock? Who is buying Diamond Offshore Drilling stock?

Diamond Offshore Drilling's stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co. and Mutual of America Capital Management LLC. View Insider Buying and Selling for Diamond Offshore Drilling.

How do I buy Diamond Offshore Drilling stock?

Shares of Diamond Offshore Drilling can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Diamond Offshore Drilling's stock price today?

One share of Diamond Offshore Drilling stock can currently be purchased for approximately $15.28.


MarketBeat Community Rating for Diamond Offshore Drilling (NYSE DO)
Community Ranking:  1.0 out of 5 (star)
Outperform Votes:  267 (Vote Outperform)
Underperform Votes:  1,020 (Vote Underperform)
Total Votes:  1,287
MarketBeat's community ratings are surveys of what our community members think about Diamond Offshore Drilling and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Diamond Offshore Drilling (NYSE:DO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Sell Ratings, 13 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 1.79)
Consensus Price Target: $14.46 (5.39% downside)
Consensus Price Target History for Diamond Offshore Drilling (NYSE:DO)
Price Target History for Diamond Offshore Drilling (NYSE:DO)
Analysts' Ratings History for Diamond Offshore Drilling (NYSE:DO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Cowen and CompanySet Price TargetHold$11.00N/AView Rating Details
10/19/2017HSBC Holdings plcInitiated CoverageHold -> Hold$15.80N/AView Rating Details
10/12/2017Citigroup Inc.DowngradeNeutral -> Sell$12.00N/AView Rating Details
10/10/2017FBR & CoUpgradeSell -> Neutral$13.00N/AView Rating Details
10/10/2017Deutsche Bank AGInitiated CoverageHold$15.00N/AView Rating Details
10/9/2017Bank of America CorporationDowngradeNeutral -> Underperform$13.00 -> $14.00N/AView Rating Details
10/7/2017Royal Bank Of CanadaSet Price TargetHold$15.00N/AView Rating Details
9/19/2017Piper Jaffray CompaniesReiterated RatingHold$9.33LowView Rating Details
9/1/2017Clarkson CapitalUpgradeNeutral -> BuyLowView Rating Details
8/25/2017Jefferies Group LLCSet Price TargetHold$12.00LowView Rating Details
8/18/2017Pareto SecuritiesUpgradeHold -> Buy$12.00LowView Rating Details
7/31/2017Seaport Global SecuritiesReiterated RatingSellHighView Rating Details
8/2/2017Zephirin GroupReiterated RatingSellLowView Rating Details
5/1/2017Barclays PLCReiterated RatingEqual Weight$19.00 -> $15.00MediumView Rating Details
4/20/2017Credit Suisse GroupSet Price TargetHold$18.00LowView Rating Details
4/18/2017BMO Capital MarketsReiterated RatingSell$14.50LowView Rating Details
3/23/2017Tudor PickeringInitiated CoverageHoldLowView Rating Details
3/22/2017ScotiabankReiterated RatingHold$19.00LowView Rating Details
3/16/2017Raymond James Financial, Inc.Reiterated RatingHoldLowView Rating Details
2/7/2017InstinetReiterated RatingReduce$14.00N/AView Rating Details
2/7/2017Goldman Sachs Group, Inc. (The)Lower Price TargetSell$15.00 -> $14.50N/AView Rating Details
11/7/2016NomuraReiterated RatingSell$14.00N/AView Rating Details
11/1/2016SwedbankUpgradeBuyN/AView Rating Details
10/31/2016Capital One Financial CorporationUpgradeUnderweight -> Equal Weight$20.00N/AView Rating Details
9/20/2016Evercore ISIUpgradeHold -> Buy$22.00 -> $19.00N/AView Rating Details
9/14/2016Howard WeilInitiated CoverageSector Perform$17.00N/AView Rating Details
5/31/2016KLR GroupUpgradeAccumulate -> Buy$33.00N/AView Rating Details
5/3/2016SimmonsReiterated RatingHold$19.00 -> $19.25N/AView Rating Details
4/12/2016Susquehanna Bancshares IncBoost Price Target$20.00 -> $22.00N/AView Rating Details
2/9/2016J P Morgan Chase & CoBoost Price TargetNeutral$19.00 -> $20.00N/AView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$27.00N/AView Rating Details
11/3/2015Iberia CapitalUpgradeUnderperform -> Sector Perform$18.50 -> $22.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Diamond Offshore Drilling (NYSE:DO)
Earnings by Quarter for Diamond Offshore Drilling (NYSE:DO)
Earnings History by Quarter for Diamond Offshore Drilling (NYSE DO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.28N/AView Earnings Details
7/31/2017Q2 17$0.24$0.45$381.50 million$399.30 millionViewN/AView Earnings Details
5/1/2017Q1 2017$0.12$0.17$366.03 million$374.22 millionViewListenView Earnings Details
2/13/2017Q416$0.13$0.27$358.09 million$391.87 millionViewListenView Earnings Details
10/31/2016Q316$0.07$0.10$365.03 million$349.20 millionViewListenView 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$0.54($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$0.66$0.72$679.25 million$675.00 millionViewListenView Earnings Details
10/23/2014Q314$0.77$0.96$740.50 million$738.00 millionViewListenView Earnings Details
7/24/2014Q214$0.58$0.66$690.33 million$692.24 millionViewListenView Earnings Details
4/24/2014Q114$0.67$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)
2017 EPS Consensus Estimate: $0.70
2018 EPS Consensus Estimate: ($0.01)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.13$0.28$0.18
Q2 20174$0.16$0.33$0.23
Q3 20174$0.10$0.31$0.18
Q4 20174$0.00$0.22$0.12
Q1 20183$0.02$0.07$0.04
Q2 20183($0.06)$0.05$0.00
Q3 20183($0.06)$0.07($0.01)
Q4 20183($0.06)($0.03)($0.05)
Q1 20191($0.22)($0.22)($0.22)
Q2 20191($0.22)($0.22)($0.22)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Diamond Offshore Drilling (NYSE:DO)
Most Recent Dividend:12/1/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Diamond Offshore Drilling (NYSE:DO)

Dividend History by Quarter 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 and Institutional Ownership History for Diamond Offshore Drilling (NYSE:DO)
Insider Ownership Percentage: 0.03%
Insider Trades by Quarter for Diamond Offshore Drilling (NYSE:DO)
Institutional Ownership by Quarter for Diamond Offshore Drilling (NYSE:DO)
Insider Trades by Quarter for Diamond Offshore Drilling (NYSE:DO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Paul G GaffneyDirectorBuy4,000$13.67$54,680.00View SEC Filing  
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

Headline Trends for Diamond Offshore Drilling (NYSE:DO)
Latest Headlines for Diamond Offshore Drilling (NYSE:DO)
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Chart

Diamond Offshore Drilling (DO) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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