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

$1.81
+0.02 (+1.12 %)
(As of 03/31/2020 06:48 AM ET)
Today's Range
$1.70
Now: $1.81
$1.84
50-Day Range
$1.40
MA: $2.92
$4.39
52-Week Range
$1.22
Now: $1.81
$12.64
Volume2.77 million shs
Average Volume5.62 million shs
Market Capitalization$249.24 million
P/E RatioN/A
Dividend YieldN/A
Beta2.15
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. operates as a subsidiary of Loews Corporation.
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Diamond Offshore Drilling logo

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$980.64 million
Cash Flow$0.04 per share
Book Value$23.47 per share

Profitability

Net Income$-357,210,000.00

Miscellaneous

Employees2,500
Market Cap$249.24 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Diamond Offshore Drilling (NYSE:DO) Frequently Asked Questions

How has Diamond Offshore Drilling's stock been impacted by COVID-19 (Coronavirus)?

Diamond Offshore Drilling's stock was trading at $1.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DO shares have increased by 29.3% and is now trading at $1.81. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 5 sell ratings, 14 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Diamond Offshore Drilling.

When is Diamond Offshore Drilling's next earnings date?

Diamond Offshore Drilling is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Diamond Offshore Drilling.

How were Diamond Offshore Drilling's earnings last quarter?

Diamond Offshore Drilling Inc (NYSE:DO) announced its quarterly earnings results on Monday, February, 10th. The offshore drilling services provider reported ($0.45) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.66) by $0.21. The offshore drilling services provider had revenue of $276.40 million for the quarter, compared to analysts' expectations of $249.25 million. Diamond Offshore Drilling had a negative return on equity of 10.86% and a negative net margin of 36.43%. The company's quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.42) EPS. View Diamond Offshore Drilling's earnings history.

What price target have analysts set for DO?

20 brokers have issued 12 month target prices for Diamond Offshore Drilling's stock. Their forecasts range from $0.90 to $11.00. On average, they expect Diamond Offshore Drilling's share price to reach $5.27 in the next year. This suggests a possible upside of 191.3% from the stock's current price. View analysts' price targets for Diamond Offshore Drilling.

Has Diamond Offshore Drilling been receiving favorable news coverage?

News articles about DO stock have trended very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Diamond Offshore Drilling earned a media sentiment score of -3.7 on InfoTrie's scale. They also gave media stories about the offshore drilling services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutDiamond Offshore Drilling.

Are investors shorting Diamond Offshore Drilling?

Diamond Offshore Drilling saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 31,177,100 shares, a decrease of 9.1% from the February 27th total of 34,280,000 shares. Based on an average daily volume of 3,610,000 shares, the short-interest ratio is presently 8.6 days. Currently, 22.7% 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), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Cabot Oil & Gas (COG), Synergy Pharmaceuticals (SGYP), AMC Entertainment (AMC), Ciena (CIEN), Chaarat Gold (CGH) and Associated British Foods (ABF).

Who are Diamond Offshore Drilling's key executives?

Diamond Offshore Drilling's management team includes the following 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)

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 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 $1.81.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $249.24 million and generates $980.64 million in revenue each year. The offshore drilling services provider earns $-357,210,000.00 in net income (profit) each year or ($2.55) on an earnings per share basis. Diamond Offshore Drilling employs 2,500 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:  1.7 out of 5 (star)
Outperform Votes:  634 (Vote Outperform)
Underperform Votes:  1,275 (Vote Underperform)
Total Votes:  1,909
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 3/31/2020 by MarketBeat.com Staff

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