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

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$11.20 +0.32 (+2.94 %)
(As of 03/18/2019 01:44 PM ET)
Previous Close$10.88
Today's Range$10.91 - $11.28
52-Week Range$8.78 - $21.92
Volume134,545 shs
Average Volume2.87 million shs
Market Capitalization$1.54 billion
P/E Ratio-9.58
Dividend YieldN/A
Beta1.6
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. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
CUSIP25271C10
Phone281-492-5300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.08 billion
Cash Flow$1.3659 per share
Book Value$26.08 per share

Profitability

Net Income$-180,270,000.00

Miscellaneous

Employees2,300
Market Cap$1.54 billion
Next Earnings Date4/29/2019 (Estimated)
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) posted its earnings results on Monday, February, 11th. The offshore drilling services provider reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.40) by $0.02. The offshore drilling services provider earned $232.50 million during the quarter, compared to analyst estimates of $249.89 million. Diamond Offshore Drilling had a negative net margin of 16.64% and a negative return on equity of 4.32%. The firm's revenue was down 32.8% on a year-over-year basis. During the same period in the previous year, the firm 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?

20 equities research analysts have issued 1-year price targets for Diamond Offshore Drilling's stock. Their predictions range from $8.00 to $23.00. On average, they expect Diamond Offshore Drilling's share price to reach $15.1229 in the next year. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

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

20 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 7 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 somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Diamond Offshore Drilling earned a news impact score of 1.1 on InfoTrie's scale. They also gave news 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 stock's share price in the next several days.

Are investors shorting Diamond Offshore Drilling?

Diamond Offshore Drilling saw a decline in short interest during the month of February. As of February 28th, there was short interest totalling 20,549,040 shares, a decline of 12.2% from the February 15th total of 23,395,351 shares. Based on an average trading volume of 2,382,358 shares, the days-to-cover ratio is presently 8.6 days. Approximately 15.0% of the shares of the stock are sold short. 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), Rite Aid (RAD), Bank of America (BAC), Freeport-McMoRan (FCX), Ensco (ESV), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Seadrill (SDRL) and Ford Motor (F).

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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.28%), FMR LLC (5.43%), Contrarius Investment Management Ltd (3.08%), Dimensional Fund Advisors LP (2.91%), Dimensional Fund Advisors LP (2.91%) and Manning & Napier Group LLC (1.73%). 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 Norges Bank, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, FOURPOINTS Investment Managers S.A.S., Van ECK Associates Corp, Prudential Financial Inc., FMR LLC and Canada Pension Plan Investment Board. 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 $11.22.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $1.54 billion 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.

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:  547 (Vote Outperform)
Underperform Votes:  1,156 (Vote Underperform)
Total Votes:  1,703
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 3/18/2019 by MarketBeat.com Staff

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