DO vs. NBR, HP, PTEN, BORR, PDS, HPK, RIG, VAL, GEL, and DMLP
Should you be buying Diamond Offshore Drilling stock or one of its competitors? The main competitors of Diamond Offshore Drilling include Nabors Industries (NBR), Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Borr Drilling (BORR), Precision Drilling (PDS), HighPeak Energy (HPK), Transocean (RIG), Valaris (VAL), Genesis Energy (GEL), and Dorchester Minerals (DMLP). These companies are all part of the "oils/energy" sector.
Diamond Offshore Drilling (NYSE:DO) and Nabors Industries (NYSE:NBR) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, community ranking, institutional ownership, media sentiment, risk, valuation, earnings and dividends.
Nabors Industries has a net margin of -0.66% compared to Diamond Offshore Drilling's net margin of -4.23%. Diamond Offshore Drilling's return on equity of -5.04% beat Nabors Industries' return on equity.
Nabors Industries has higher revenue and earnings than Diamond Offshore Drilling. Diamond Offshore Drilling is trading at a lower price-to-earnings ratio than Nabors Industries, indicating that it is currently the more affordable of the two stocks.
90.8% of Diamond Offshore Drilling shares are owned by institutional investors. Comparatively, 81.9% of Nabors Industries shares are owned by institutional investors. 0.7% of Diamond Offshore Drilling shares are owned by company insiders. Comparatively, 7.1% of Nabors Industries shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Nabors Industries received 154 more outperform votes than Diamond Offshore Drilling when rated by MarketBeat users. Likewise, 61.87% of users gave Nabors Industries an outperform vote while only 49.65% of users gave Diamond Offshore Drilling an outperform vote.
Diamond Offshore Drilling has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Nabors Industries has a beta of 2.33, suggesting that its stock price is 133% more volatile than the S&P 500.
Diamond Offshore Drilling currently has a consensus price target of $20.33, indicating a potential upside of 51.29%. Nabors Industries has a consensus price target of $129.60, indicating a potential upside of 48.45%. Given Diamond Offshore Drilling's stronger consensus rating and higher probable upside, research analysts clearly believe Diamond Offshore Drilling is more favorable than Nabors Industries.
In the previous week, Nabors Industries had 11 more articles in the media than Diamond Offshore Drilling. MarketBeat recorded 11 mentions for Nabors Industries and 0 mentions for Diamond Offshore Drilling. Diamond Offshore Drilling's average media sentiment score of 0.00 beat Nabors Industries' score of -0.28 indicating that Diamond Offshore Drilling is being referred to more favorably in the media.
Summary
Nabors Industries beats Diamond Offshore Drilling on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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