NYSE:DO - Diamond Offshore Drilling Stock Price, News, & Analysis

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$10.35 +0.75 (+7.81 %)
(As of 02/18/2019 01:12 PM ET)
Previous Close$9.60
Today's Range$9.70 - $10.42
52-Week Range$8.78 - $21.92
Volume3.97 million shs
Average Volume2.65 million shs
Market Capitalization$1.42 billion
P/E Ratio-8.85
Dividend YieldN/A
Beta1.63
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. The company operates a fleet of 17 offshore drilling rigs, which comprises 4 drillships, 7 ultra-deepwater, 4 deepwater, and 2 mid-water semisubmersibles. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation.

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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$1.3672 per share
Book Value$26.08 per share

Profitability

Net Income$18.34 million

Miscellaneous

Employees2,400
Market Cap$1.42 billion
OptionableOptionable

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) announced its quarterly earnings data on Monday, February, 11th. The offshore drilling services provider reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.40) by $0.02. The offshore drilling services provider had revenue of $232.50 million for the quarter, compared to the consensus estimate of $249.89 million. Diamond Offshore Drilling had a negative net margin of 16.64% and a negative return on equity of 4.32%. Diamond Offshore Drilling's revenue for the quarter was down 32.8% on a year-over-year basis. During the same period last year, the company posted ($0.05) 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, April 29th 2019. View Earnings Estimates for Diamond Offshore Drilling.

What price target have analysts set for DO?

19 brokers have issued twelve-month target prices for Diamond Offshore Drilling's stock. Their predictions range from $10.00 to $23.00. On average, they anticipate Diamond Offshore Drilling's share price to reach $15.80 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

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

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 8 sell ratings, 5 hold ratings and 6 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?

News articles about DO stock have trended somewhat positive on Monday, according to InfoTrie. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Diamond Offshore Drilling earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave news coverage about the offshore drilling services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

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:
  • 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, Sr. VP & Chief Commercial Officer (Age 51)

Who are Diamond Offshore Drilling's major shareholders?

Diamond Offshore Drilling's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.28%), Contrarius Investment Management Ltd (3.08%), Dimensional Fund Advisors LP (2.91%), Manning & Napier Group LLC (1.73%), Northern Trust Corp (1.30%) and Van ECK Associates Corp (1.10%). 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 Prudential PLC, Contrarius Investment Management Ltd, Robeco Institutional Asset Management B.V., Manning & Napier Group LLC, O Shaughnessy Asset Management LLC, Royce & Associates LP, Bank of New York Mellon Corp and Northern Trust Corp. Company insiders that have sold Diamond Offshore Drilling company stock in the last year include David L Roland, Marc Gerard Rex Edwards 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 bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, FOURPOINTS Investment Managers S.A.S., Van ECK Associates Corp, Prudential Financial Inc., Canada Pension Plan Investment Board, BlackRock Inc., Fisher Asset Management LLC and Triad Investment Management. 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, Scottrade, Fidelity and Charles Schwab.

What is Diamond Offshore Drilling's stock price today?

One share of DO stock can currently be purchased for approximately $10.35.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $1.42 billion and generates $1.08 billion in revenue each year. The offshore drilling services provider earns $18.34 million in net income (profit) each year or ($1.17) on an earnings per share basis. Diamond Offshore Drilling employs 2,400 workers across the globe.

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:  540 (Vote Outperform)
Underperform Votes:  1,153 (Vote Underperform)
Total Votes:  1,693
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 2/18/2019 by MarketBeat.com Staff

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