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

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$11.63 +0.30 (+2.65 %)
(As of 01/18/2019 04:17 AM ET)
Previous Close$11.33
Today's Range$11.09 - $11.77
52-Week Range$8.78 - $21.92
Volume1.60 million shs
Average Volume2.30 million shs
Market Capitalization$1.60 billion
P/E Ratio14.18
Dividend YieldN/A
Beta1.6
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$1.49 billion
Cash Flow$3.3516 per share
Book Value$27.50 per share

Profitability

Net Income$18.34 million

Miscellaneous

Employees2,400
Market Cap$1.60 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) issued its earnings results on Monday, November, 5th. The offshore drilling services provider reported ($0.26) earnings per share for the quarter, topping analysts' consensus estimates of ($0.36) by $0.10. The offshore drilling services provider earned $286.30 million during the quarter, compared to analyst estimates of $281.74 million. Diamond Offshore Drilling had a negative net margin of 11.11% and a negative return on equity of 2.92%. The company's quarterly revenue was down 21.8% on a year-over-year basis. During the same quarter last year, the business earned $0.25 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 11th 2019. View Earnings Estimates for Diamond Offshore Drilling.

What price target have analysts set for DO?

20 equities research analysts have issued 12 month price targets for Diamond Offshore Drilling's shares. Their forecasts range from $10.00 to $23.00. On average, they expect Diamond Offshore Drilling's stock price to reach $15.5765 in the next year. This suggests a possible upside of 33.9% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

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

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 11 sell ratings, 5 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?

Media coverage about DO stock has trended neutral on Friday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing 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 news sentiment score of 0.5 on InfoTrie's scale. They also gave news coverage about the offshore drilling services provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near 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 57)
  • Mr. Scott Lee Kornblau, Sr. VP & CFO (Age 47)
  • Mr. Thomas M. Roth, Sr. VP of Worldwide Operations (Age 62)
  • Mr. David Lynn Roland, Sr. VP, Gen. Counsel & Sec. (Age 56)
  • Mr. Ronald Woll, Sr. VP & Chief Commercial Officer (Age 50)

Who are Diamond Offshore Drilling's major shareholders?

Diamond Offshore Drilling's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Foundation Resource Management Inc. (0.16%) and Gateway Investment Advisers LLC (0.01%). 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 major investors are selling Diamond Offshore Drilling stock?

DO stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc.. 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 major investors are buying Diamond Offshore Drilling stock?

DO stock was purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC. 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 $11.63.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $1.60 billion and generates $1.49 billion in revenue each year. The offshore drilling services provider earns $18.34 million in net income (profit) each year or $0.82 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:  531 (Vote Outperform)
Underperform Votes:  1,147 (Vote Underperform)
Total Votes:  1,678
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 1/18/2019 by MarketBeat.com Staff

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