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

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$10.33 -0.58 (-5.32 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$10.33
Today's Range$10.27 - $10.80
52-Week Range$10.27 - $21.92
Volume3.35 million shs
Average Volume2.07 million shs
Market Capitalization$1.50 billion
P/E Ratio12.60
Dividend YieldN/A
Beta1.43
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

Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
Current SymbolNYSE:DO
Previous Symbol
CUSIP25271C10
Phone281-492-5300

Debt

Debt-to-Equity Ratio0.54
Current Ratio3.91
Quick Ratio3.91

Price-To-Earnings

Trailing P/E Ratio12.60
Forward P/E Ratio-8.91
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.49 billion
Price / Sales0.96
Cash Flow$3.1785 per share
Price / Cash Flow3.25
Book Value$27.50 per share
Price / Book0.38

Profitability

EPS (Most Recent Fiscal Year)$0.82
Net Income$18.34 million
Net Margins-11.11%
Return on Equity-2.92%
Return on Assets-1.77%

Miscellaneous

Employees2,400
Outstanding Shares137,430,000
Market Cap$1.50 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) announced its earnings results on Monday, November, 5th. The offshore drilling services provider reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.10. The offshore drilling services provider had revenue of $286.30 million for the quarter, compared to the consensus estimate of $281.74 million. Diamond Offshore Drilling had a negative return on equity of 2.92% and a negative net margin of 11.11%. The firm's revenue for the quarter was down 21.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 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, February 11th 2019. View Earnings Estimates for Diamond Offshore Drilling.

What price target have analysts set for DO?

19 brokerages have issued twelve-month target prices for Diamond Offshore Drilling's stock. Their predictions range from $10.00 to $26.00. On average, they expect Diamond Offshore Drilling's share price to reach $16.2824 in the next twelve months. This suggests a possible upside of 57.6% 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 11 sell ratings, 5 hold ratings and 3 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 headlines about DO stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 impact score of 1.0 on InfoTrie's scale. They also gave headlines about the offshore drilling services provider a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

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 BlackRock Inc. (6.10%), FMR LLC (5.20%), Vanguard Group Inc. (4.21%), Vanguard Group Inc (4.21%), Manning & Napier Group LLC (2.20%) and Dimensional Fund Advisors LP (2.19%). 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 AQR Capital Management LLC, Morgan Stanley, Canada Pension Plan Investment Board, Schroder Investment Management Group, Manning & Napier Group LLC, O Shaughnessy Asset Management LLC, Man Group plc and Equity Investment Corp. Company insiders that have sold Diamond Offshore Drilling company stock in the last year include Charles Fabrikant, David L Roland, Marc Gerard Rex Edwards and Scott Lee Kornblau. View Insider Buying and Selling for Diamond Offshore Drilling.

Which institutional investors are buying Diamond Offshore Drilling stock?

DO stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Fisher Asset Management LLC, Robeco Institutional Asset Management B.V., Glacier Peak Capital LLC, Majedie Asset Management Ltd, Caxton Associates LP, Great West Life Assurance Co. Can and Vanguard Group 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 $10.33.

How big of a company is Diamond Offshore Drilling?

Diamond Offshore Drilling has a market capitalization of $1.50 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:  521 (Vote Outperform)
Underperform Votes:  1,143 (Vote Underperform)
Total Votes:  1,664
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 12/15/2018 by MarketBeat.com Staff

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