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

$7.54
+0.15 (+2.03 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$7.12
Now: $7.54
$7.56
50-Day Range
$7.5050
MA: $9.00
$11.70
52-Week Range
$7.12
Now: $7.54
$21.92
Volume2.66 million shs
Average Volume2.94 million shs
Market Capitalization$1.04 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.64
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$1.2845 per share
Book Value$26.08 per share

Profitability

Net Income$-180,270,000.00

Miscellaneous

Employees2,300
Market Cap$1.04 billion
Next Earnings Date7/29/2019 (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) announced its earnings results on Monday, April, 29th. The offshore drilling services provider reported ($0.53) EPS for the quarter, beating the consensus estimate of ($0.59) by $0.06. The offshore drilling services provider had revenue of $223.50 million for the quarter, compared to the consensus estimate of $231.90 million. Diamond Offshore Drilling had a negative return on equity of 5.84% and a negative net margin of 26.72%. The company's revenue was down 24.4% on a year-over-year basis. During the same period last year, the business posted ($0.16) EPS. 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, July 29th 2019. View Earnings Estimates for Diamond Offshore Drilling.

What price target have analysts set for DO?

21 brokerages have issued 1-year price objectives for Diamond Offshore Drilling's shares. Their predictions range from $5.00 to $23.00. On average, they expect Diamond Offshore Drilling's share price to reach $13.8729 in the next twelve months. This suggests a possible upside of 84.0% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

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

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 8 sell ratings, 6 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 been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 1.4 on InfoTrie's scale. They also assigned news articles about the offshore drilling services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock'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 during the month of May. As of May 15th, there was short interest totalling 26,960,400 shares, an increase of 10.4% from the April 15th total of 24,428,000 shares. Based on an average trading volume of 3,050,000 shares, the days-to-cover ratio is currently 8.8 days. Approximately 19.9% of the shares of the company 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 FMR LLC (5.43%), Majedie Asset Management Ltd (2.27%), Equity Investment Corp (1.82%), Manning & Napier Group LLC (1.62%), JPMorgan Chase & Co. (1.44%) and FOURPOINTS Investment Managers S.A.S. (0.70%). 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 Great West Life Assurance Co. Can, Manning & Napier Group LLC, American International Group Inc., MetLife Investment Advisors LLC, California Public Employees Retirement System, Oregon Public Employees Retirement Fund, GWM Advisors LLC and Metropolitan Life Insurance Co NY. Company insiders that have sold Diamond Offshore Drilling company stock in the last year include David L Roland 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 acquired by a variety of institutional investors in the last quarter, including Majedie Asset Management Ltd, JPMorgan Chase & Co., Federated Investors Inc. PA, Connor Clark & Lunn Investment Management Ltd., Equity Investment Corp, FOURPOINTS Investment Managers S.A.S., BNP Paribas Arbitrage SA and SG Americas Securities 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 $7.54.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $1.04 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.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:  561 (Vote Outperform)
Underperform Votes:  1,177 (Vote Underperform)
Total Votes:  1,738
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 6/17/2019 by MarketBeat.com Staff

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