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Diamond Offshore Drilling Stock Price, Forecast & Analysis (NYSE:DO)

$5.90
-0.14 (-2.32 %)
(As of 11/11/2019 04:00 PM ET)
Today's Range
$5.79
Now: $5.90
$6.01
50-Day Range
$4.96
MA: $5.80
$7.47
52-Week Range
$4.77
Now: $5.90
$15.00
Volume1.93 million shs
Average Volume2.84 million shs
Market Capitalization$812.39 million
P/E RatioN/A
Dividend YieldN/A
Beta1.7
Diamond Offshore Drilling, Inc provides contract drilling services to the energy industry worldwide. The company operates a fleet of 17 offshore drilling rigs, including 4 drillships and 13 semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Read More…

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
CUSIP25271C10
Phone281-492-5300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.08 billion
Cash Flow$1.20 per share
Book Value$24.00 per share

Profitability

Net Income$-180,270,000.00

Miscellaneous

Employees2,300
Market Cap$812.39 million
Next Earnings Date2/10/2020 (Estimated)
OptionableOptionable

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Diamond Offshore Drilling (NYSE:DO) Frequently Asked Questions

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) posted its earnings results on Monday, October, 28th. The offshore drilling services provider reported ($0.67) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.68) by $0.01. The offshore drilling services provider had revenue of $254 million for the quarter, compared to analyst estimates of $244.43 million. Diamond Offshore Drilling had a negative return on equity of 10.44% and a negative net margin of 38.60%. The company's revenue for the quarter was down 11.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.26) earnings per share. View Diamond Offshore Drilling's Earnings History.

When is Diamond Offshore Drilling's next earnings date?

Diamond Offshore Drilling is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Diamond Offshore Drilling.

What price target have analysts set for DO?

18 Wall Street analysts have issued 1-year target prices for Diamond Offshore Drilling's stock. Their forecasts range from $3.50 to $11.00. On average, they expect Diamond Offshore Drilling's share price to reach $7.84 in the next year. This suggests a possible upside of 32.9% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

What is the consensus analysts' recommendation for Diamond Offshore Drilling?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 4 sell ratings, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Diamond Offshore Drilling.

Has Diamond Offshore Drilling been receiving favorable news coverage?

Headlines about DO stock have trended very negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Diamond Offshore Drilling earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned headlines about the offshore drilling services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Diamond Offshore Drilling.

Are investors shorting Diamond Offshore Drilling?

Diamond Offshore Drilling saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 31,200,000 shares, an increase of 9.7% from the September 30th total of 28,450,000 shares. Based on an average trading volume of 2,990,000 shares, the days-to-cover ratio is currently 10.4 days. Approximately 22.7% of the shares of the stock are short sold. View Diamond Offshore Drilling's Current Options Chain.

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

What other stocks do shareholders of Diamond Offshore Drilling own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Offshore Drilling investors own include Transocean (RIG), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Synergy Pharmaceuticals (SGYP), Cabot Oil & Gas (COG), Chaarat Gold (CGH), Associated British Foods (ABF), First Data (FDC) and AMC Entertainment (AMC).

Who are Diamond Offshore Drilling's key executives?

Diamond Offshore Drilling's management team includes the folowing people:
  • Mr. Marc Gerard Rex Edwards, Pres, CEO & Director (Age 58)
  • Mr. Scott Lee Kornblau, Sr. VP & CFO (Age 48)
  • Mr. Thomas M. Roth, Sr. VP of Worldwide Operations (Age 63)
  • Mr. David Lynn Roland, Sr. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. Ronald Woll, Exec. VP & Chief Commercial Officer (Age 51)

Who are Diamond Offshore Drilling's major shareholders?

Diamond Offshore Drilling's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.40%), Manning & Napier Group LLC (0.84%), Foundation Resource Management Inc. (0.24%), Rhumbline Advisers (0.16%), California Public Employees Retirement System (0.11%) and First Trust Advisors LP (0.04%). Company insiders that own Diamond Offshore Drilling stock include Charles Fabrikant, David L Roland, Marc Gerard Rex Edwards, Paul G Gaffney and Scott Lee Kornblau. View Institutional Ownership Trends for Diamond Offshore Drilling.

Which institutional investors are selling Diamond Offshore Drilling stock?

DO stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Gateway Investment Advisers LLC, Fisher Asset Management LLC and Tower Research Capital LLC TRC . Company insiders that have sold Diamond Offshore Drilling company stock in the last year include Paul G Gaffney and Scott Lee Kornblau. View Insider Buying and Selling for Diamond Offshore Drilling.

Which institutional investors are buying Diamond Offshore Drilling stock?

DO stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of Alaska Department of Revenue, Rhumbline Advisers, California Public Employees Retirement System, Foundation Resource Management Inc. and State of Tennessee Treasury Department. View Insider Buying and Selling for Diamond Offshore Drilling.

How do I buy shares of Diamond Offshore Drilling?

Shares of DO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Diamond Offshore Drilling's stock price today?

One share of DO stock can currently be purchased for approximately $5.90.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $812.39 million and generates $1.08 billion in revenue each year. The offshore drilling services provider earns $-180,270,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis. Diamond Offshore Drilling employs 2,300 workers across the globe.View Additional Information About Diamond Offshore Drilling.

What is Diamond Offshore Drilling's official website?

The official website for Diamond Offshore Drilling is http://www.diamondoffshore.com/.

How can I contact Diamond Offshore Drilling?

Diamond Offshore Drilling's mailing address is 15415 KATY FREEWAY, HOUSTON TX, 77094. The offshore drilling services provider can be reached via phone at 281-492-5300 or via email at [email protected]


MarketBeat Community Rating for Diamond Offshore Drilling (NYSE DO)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  589 (Vote Outperform)
Underperform Votes:  1,218 (Vote Underperform)
Total Votes:  1,807
MarketBeat's community ratings are surveys of what our community members think about Diamond Offshore Drilling and other stocks. Vote "Outperform" if you believe DO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/11/2019 by MarketBeat.com Staff

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