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

$7.69
-0.09 (-1.16 %)
(As of 09/15/2019 06:48 AM ET)
Today's Range
$7.57
Now: $7.69
$8.08
50-Day Range
$5.38
MA: $6.70
$9.29
52-Week Range
$5.25
Now: $7.69
$20.85
Volume1.33 million shs
Average Volume2.76 million shs
Market Capitalization$1.06 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.8
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$1.2443 per share
Book Value$26.08 per share

Profitability

Net Income$-180,270,000.00

Miscellaneous

Employees2,300
Market Cap$1.06 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

Receive DO News and Ratings via Email

Sign-up to receive the latest news and ratings for DO and its competitors with MarketBeat's FREE daily newsletter.


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 quarterly earnings data on Monday, August, 5th. The offshore drilling services provider reported ($0.99) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.89) by $0.10. The offshore drilling services provider earned $216.70 million during the quarter, compared to the consensus estimate of $228.46 million. Diamond Offshore Drilling had a negative net margin of 32.78% and a negative return on equity of 8.55%. Diamond Offshore Drilling's revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.33) 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, November 4th 2019. View Earnings Estimates for Diamond Offshore Drilling.

What price target have analysts set for DO?

20 brokerages have issued 12-month price targets for Diamond Offshore Drilling's stock. Their predictions range from $3.50 to $23.00. On average, they expect Diamond Offshore Drilling's stock price to reach $10.6935 in the next twelve months. This suggests a possible upside of 39.1% 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 6 sell ratings, 8 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 stories about DO stock have trended somewhat positive this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring 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 nearest to five being the most favorable. Diamond Offshore Drilling earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media headlines about the offshore drilling services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Diamond Offshore Drilling.

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.96%), Vanguard Group Inc. (4.89%), Allianz Asset Management GmbH (1.93%), Fisher Asset Management LLC (1.42%), Northern Trust Corp (1.19%) and Schroder Investment Management Group (1.19%). 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 Equity Investment Corp, JPMorgan Chase & Co., Manning & Napier Group LLC, Renaissance Technologies LLC, Prudential Financial Inc., Fisher Asset Management LLC, Connor Clark & Lunn Investment Management Ltd. and BNP Paribas Arbitrage SA. 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 major investors are buying Diamond Offshore Drilling stock?

DO stock was bought by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Balyasny Asset Management LLC, Van ECK Associates Corp, Morgan Stanley, Vanguard Group Inc., Nuveen Asset Management LLC, Nomura Holdings Inc. and Nomura Holdings Inc.. 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 $7.69.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $1.06 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:  578 (Vote Outperform)
Underperform Votes:  1,199 (Vote Underperform)
Total Votes:  1,777
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 9/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel