OTCMKTS:DOFSQ

Diamond Offshore Drilling Stock Forecast, Price & News

$0.16

+0.00 (+1.44 %)

(As of 04/15/2021 03:48 PM ET)

Add

Compare

Today's Range

$0.15

Now: $0.16▼

$0.16

50-Day Range

$0.16

MA: $0.18▼

$0.20

52-Week Range

$0.10

Now: $0.16▼

$1.31

Volume134,749 shs

Average Volume597,649 shs

Market Capitalization$21.44 million

P/E RatioN/A

Dividend YieldN/A

Beta0.73

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 13 offshore drilling rigs, including four drillships and nine 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. is a subsidiary of Loews Corporation. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas.

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Drilling oil & gas wells

Sub-IndustryN/A

SectorOils/Energy

Current SymbolOTCMKTS:DOFSQ

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.diamondoffshore.com

Phone(281) 492-5300

Employees1,900

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio3.47

Quick Ratio3.47

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$980.64 million

Price / Sales0.02

Cash Flow$0.03 per share

Price / Cash Flow5.38

Book Value$23.47 per share

Price / Book0.01

Profitability

EPS (Most Recent Fiscal Year)($2.55)

Net Income$-357,210,000.00

Net Margins-140.16%

Return on Equity-15.41%

Return on Assets-7.11%

Miscellaneous

Outstanding Shares138,054,000

Market Cap$21.44 million

Next Earnings Date5/3/2021 (Estimated)

OptionableOptionable

Headlines

Diamond Offshore Drilling (OTCMKTS:DOFSQ) Trading Down 5.5%
April 1, 2021 | americanbankingnews.com

Diamond Offshore Drilling, Inc. (DOFSQ)
December 25, 2020 | ca.finance.yahoo.com

Earnings Preview: Diamond Offshore Drilling (DOFSQ) Q3 Earnings Expected to Decline
October 19, 2020 | msn.com

DIAMOND OFFSHORE DRILLING Regis (DO1.SG)
October 16, 2020 | ca.finance.yahoo.com

Pacific Drilling: Recent Jump Is A Dead Cat Bounce
October 6, 2020 | seekingalpha.com

Diamond Offshore Drilling (DOFSQ) Expected to Beat Earnings Estimates: Should You Buy?
July 27, 2020 | finance.yahoo.com

Transocean: Confirming The Slide
July 16, 2020 | seekingalpha.com

Noble Corp.: Restructuring In The Making
July 16, 2020 | seekingalpha.com

See More Headlines

MarketRank^™

Overall MarketRank^™

0.47 out of 5 stars

Oils/Energy Sector

508th out of 668 stocks

Drilling Oil & Gas Wells Industry

27th out of 36 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Diamond Offshore Drilling.

1.7 Community Rank

Outperform Votes
Diamond Offshore Drilling has received 2 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Diamond Offshore Drilling has received 4 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Diamond Offshore Drilling has received 66.67% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Diamond Offshore Drilling and other stocks. Vote “Outperform” if you believe DOFSQ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DOFSQ will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Diamond Offshore Drilling does not currently pay a dividend.
Dividend Growth
Diamond Offshore Drilling does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Diamond Offshore Drilling insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Diamond Offshore Drilling is held by insiders.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Diamond Offshore Drilling are expected to decrease in the coming year, from ($2.80) to ($2.89) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Diamond Offshore Drilling is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Diamond Offshore Drilling is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Diamond Offshore Drilling has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$0.16

+0.00 (+1.44 %)

(As of 04/15/2021 03:48 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive DOFSQ News and Ratings via Email

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

Diamond Offshore Drilling (OTCMKTS:DOFSQ) Frequently Asked Questions

What stocks does MarketBeat like better than Diamond Offshore Drilling?

Wall Street analysts have given Diamond Offshore Drilling a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Diamond Offshore Drilling wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Diamond Offshore Drilling's next earnings date?

Diamond Offshore Drilling is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Diamond Offshore Drilling.

How were Diamond Offshore Drilling's earnings last quarter?

Diamond Offshore Drilling, Inc. (OTCMKTS:DOFSQ) issued its earnings results on Wednesday, February, 10th. The company reported ($0.63) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.05. The company earned $168.06 million during the quarter, compared to analysts' expectations of $245.10 million. Diamond Offshore Drilling had a negative trailing twelve-month return on equity of 15.41% and a negative net margin of 140.16%.
View Diamond Offshore Drilling's earnings history.

Who are Diamond Offshore Drilling's key executives?

Diamond Offshore Drilling's management team includes the following people:

Mr. Marc Gerard Rex Edwards, Chairman, Pres & CEO (Age 60, Pay $4.07M)
Mr. Scott Lee Kornblau, Sr. VP & CFO (Age 50, Pay $642.52k)
Mr. Ronald Woll, Exec. VP & COO (Age 53, Pay $1.66M)
Mr. David Lynn Roland, Sr. VP, Gen. Counsel & Sec. (Age 59, Pay $636.5k)
Mr. Dominic A. Savarino, VP & Chief Accounting and Tax Officer (Age 50)
Mr. Tim Osburn, Chief Information Officer
Samir Ali, VP of Investor Relations & Corp. Devel.
Mr. Aaron Sobel, VP of HR
Mr. Karl S. Sellers, Sr. VP of Technical Services
Mr. Jon L. Richards, Sr. VP of Worldwide Operations (Age 47)

Who are some of Diamond Offshore Drilling's key competitors?

Some companies that are related to Diamond Offshore Drilling include Western Energy Services (WEEEF), InPlay Oil (IPOOF), Seadrill (SDRLF), Independence Contract Drilling (ICD), Petroteq Energy (PQEFF), Valaris (VALPQ), Noble (NEBLQ), Sauer Energy (SENY), Infinity Energy Resources (IFNY), Erin Energy (ERINQ), Pioneer Energy Services (PESXQ), Parker Drilling (PKDC), Pacific Drilling (PACDQ), Seadrill Partners (SDLPF) and Onyx (ONXC).
View all of DOFSQ's competitors.

What is Diamond Offshore Drilling's stock symbol?

Diamond Offshore Drilling trades on the OTCMKTS under the ticker symbol "DOFSQ."

How do I buy shares of Diamond Offshore Drilling?

Shares of DOFSQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Diamond Offshore Drilling's stock price today?

One share of DOFSQ stock can currently be purchased for approximately $0.15.

How much money does Diamond Offshore Drilling make?

Diamond Offshore Drilling has a market capitalization of $21.14 million and generates $980.64 million in revenue each year. The company earns $-357,210,000.00 in net income (profit) each year or ($2.55) on an earnings per share basis.

How many employees does Diamond Offshore Drilling have?

Diamond Offshore Drilling employs 1,900 workers across the globe.

What is Diamond Offshore Drilling's official website?

The official website for Diamond Offshore Drilling is www.diamondoffshore.com.

Where are Diamond Offshore Drilling's headquarters?

Diamond Offshore Drilling is headquartered at 15415 KATY FREEWAY, HOUSTON TX, 77094.

How can I contact Diamond Offshore Drilling?

Diamond Offshore Drilling's mailing address is 15415 KATY FREEWAY, HOUSTON TX, 77094. The company can be reached via phone at (281) 492-5300 or via email at [email protected]

This page was last updated on 4/15/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here