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

$6.10
-0.14 (-2.24 %)
(As of 08/23/2019 07:55 AM ET)
Today's Range
$6.08
Now: $6.10
$6.48
50-Day Range
$5.38
MA: $7.50
$9.29
52-Week Range
$5.25
Now: $6.10
$20.85
Volume2.86 million shs
Average Volume3.35 million shs
Market Capitalization$839.91 million
P/E RatioN/A
Dividend YieldN/A
Beta1.69
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$1.2224 per share
Book Value$24.68 per share

Profitability

Net Income$-180,270,000.00

Miscellaneous

Employees2,300
Market Cap$839.91 million
Next Earnings Date11/4/2019 (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) released its quarterly earnings results on Monday, August, 5th. The offshore drilling services provider reported ($0.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.89) by $0.10. The offshore drilling services provider had revenue of $216.70 million for the quarter, compared to analyst estimates of $228.46 million. Diamond Offshore Drilling had a negative return on equity of 8.55% and a negative net margin of 32.78%. The company's quarterly revenue was down 7.2% compared to the same quarter last year. During the same period last year, the firm 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?

19 analysts have issued 12 month price targets for Diamond Offshore Drilling's stock. Their forecasts range from $5.00 to $23.00. On average, they expect Diamond Offshore Drilling's stock price to reach $11.3327 in the next year. This suggests a possible upside of 85.8% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

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

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 6 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?

News stories about DO stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. 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 coverage optimism score of 2.5 on InfoTrie's scale. They also gave headlines about the offshore drilling services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. 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 number 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 institutional 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. View Insider Buying and Selling for Diamond Offshore Drilling.

Which institutional investors are buying Diamond Offshore Drilling stock?

DO stock was acquired 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 BlackRock 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, 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 $6.10.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $839.91 million 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:  571 (Vote Outperform)
Underperform Votes:  1,191 (Vote Underperform)
Total Votes:  1,762
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 8/23/2019 by MarketBeat.com Staff

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