Diamond Offshore Drilling, Inc. (DO)
Market Cap | 1.58B |
Revenue (ttm) | 1.10B |
Net Income (ttm) | -40.32M |
Shares Out | 102.48M |
EPS (ttm) | -0.40 |
PE Ratio | n/a |
Forward PE | 19.19 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,557,918 |
Open | 15.24 |
Previous Close | 15.12 |
Day's Range | 15.16 - 15.45 |
52-Week Range | 11.02 - 17.32 |
Beta | 1.41 |
Analysts | Strong Buy |
Price Target | 20.75 (+34.83%) |
Earnings Date | Aug 5, 2024 |
About DO
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2023, the company operated a fleet of 13 offshore drilling rigs, including four drillships, seven semisubmersible rigs, and two managed rigs. It serves independent oil and gas companies, and government-owned oil companies. Diamond Offshore Drilling, Inc. was founded in 1953 and is headquartered in Houston, Texas. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for DO stock is "Strong Buy." The 12-month stock price forecast is $20.75, which is an increase of 34.83% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/g/t/press5-2484948.jpg)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, SGRP on Behalf of Shareholders
NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...
![](https://cdn.snapi.dev/images/v1/2/t/press10-2476890.jpg)
DIAMOND OFFSHORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond Offshore Drilling, Inc. - DO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diamond Offshore...
![](https://cdn.snapi.dev/images/v1/p/7/press14-2474201.jpg)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, MGRC on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...
![](https://cdn.snapi.dev/images/v1/l/z/press14-2474039.jpg)
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO
NEW YORK , June 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securiti...
![](https://cdn.snapi.dev/images/v1/g/2/press16-2473826.jpg)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, ICCH on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...
![](https://cdn.snapi.dev/images/v1/3/u/press19-2473644.jpg)
Shareholder Alert: Ademi LLP investigates whether Diamond Offshore Drilling, Inc. has obtained a Fair Price for its Public Shareholders
MILWAUKEE , June 11, 2024 /PRNewswire/ -- Ademi LLP is investigating Diamond (NYSE: DO) for possible breaches of fiduciary duty and other violations of law in its transaction with Noble. Click here to...
![](https://cdn.snapi.dev/images/v1/g/9/press3-2472335.jpg)
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Diamond Offshore Drilling, Inc.
NEW YORK , June 10, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Diamond Offshore Drilling, Inc. (NYSE: DO) and its board of directors concerning the pr...
![](https://cdn.snapi.dev/images/v1/b/y/press3-2471747.jpg)
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. – DO
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Secur...
![](https://cdn.snapi.dev/images/v1/0/s/tcmdrpynbdqatzlydgftcn-800-80-2471540.jpg)
Noble To Buy Diamond Offshore Drilling: What To Know
If Noble's bid for Diamond Offshore goes through, it will create one of the world's largest offshore drilling companies.
![](https://cdn.snapi.dev/images/v1/9/d/press13-2470956.jpg)
DO STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Diamond Offshore Drilling, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Diamond Offshore Drilling, Inc. (NYSE: DO) to Noble Corporation plc for 0.2316 shares of ...
![](https://cdn.snapi.dev/images/v1/g/o/im-69630173size177777777777777-2470815.jpg)
Driller Noble to buy Diamond Offshore for $1.6 billion
Consolidation in the oil industry continues, with offshore drilling contractor Noble Corp. on Monday announcing a cash-and-stock deal for rival Diamond Offshore Drilling.
![](https://cdn.snapi.dev/images/v1/j/d/1638464129902-60d94ed1-5294-4b-2470700.jpg)
Noble Corporation acquires Diamond Offshore Drilling in $1.6-billion deal
Noble Corporation plc announced on Monday that it will acquire Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion. Noble will pay $5.65 per share, representing an 11.4% premium over Diamo...
![](https://cdn.snapi.dev/images/v1/d/b/oil39-1323446-1899159-2470457.jpg)
US oil driller Noble Corp to buy Diamond Offshore for about $1.6 bln
Noble Corp will buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal worth around $1.59 billion, the latest in a series of buyouts in a sector undergoing massive consolidation.
![](https://cdn.snapi.dev/images/v1/0/i/press19-2470411.jpg)
Noble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.
SUGAR LAND, Texas , June 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE: DO) announced today that they have enter...
![](https://cdn.snapi.dev/images/v1/m/p/press12-2433370.jpg)
DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT
HOUSTON , May 15, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that it has executed a two-year contract extension with Anadarko Petroleum Corporation, a wholly-owned...
![](https://cdn.snapi.dev/images/v1/f/f/press12-2416281.jpg)
Diamond Offshore Reports First Quarter 2024 Results
Secured $731 million in contract awards year to date, including $713 million in Q1 Total backlog was $1.9 billion as of April 1, 2024 Ocean GreatWhite repairs progressing well; expected back on locati...
![](https://cdn.snapi.dev/images/v1/q/a/conf5-2377127.jpg)
DIAMOND OFFSHORE TO RELEASE FIRST QUARTER 2024 RESULTS
HOUSTON , April 17, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its first quarter 2024 operating results on Tuesday, May 7, 2024 after the mark...
![](https://cdn.snapi.dev/images/v1/5/j/press18-2297602.jpg)
Diamond Offshore Reports Fourth Quarter 2023 Results
$362 Million in Contract Awards Year to Date 2024 $245 Million in Total Backlog Added in Q4 Rig Performance Bonus Earned in Senegal Ocean BlackHawk and Ocean Courage Commenced New Contracts in Q4 HOUS...
![](https://cdn.snapi.dev/images/v1/d/u/press11-2266271.jpg)
DIAMOND OFFSHORE ANNOUNCES NEW FLOATER COMMITMENTS
HOUSTON , Feb. 8, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that it has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico ...
![](https://cdn.snapi.dev/images/v1/r/e/conf9-2263330.jpg)
DIAMOND OFFSHORE TO RELEASE FOURTH QUARTER 2023 RESULTS
HOUSTON , Feb. 6, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its fourth quarter 2023 operating results on Tuesday, February 27, 2024 after the...
![](https://cdn.snapi.dev/images/v1/5/t/press15-2154391.jpg)
DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP CONTRACT
HOUSTON , Nov. 13, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced it has entered into a drilling contract with an independent operator to utilize the Ocean BlackRhino ...
![](https://cdn.snapi.dev/images/v1/s/o/press14-2142842.jpg)
Diamond Offshore Reports Third Quarter 2023 Results and Announces Contract Awards of $240 Million
Awarded $240 Million in New Contracts, including a 35-well P&A Campaign for the Ocean Patriot Issued $550 Million 8.5% Senior Secured Second Lien Notes due 2030 7th Performance Bonus Earned by Senegal...
![](https://cdn.snapi.dev/images/v1/4/x/conf1-2107597.jpg)
DIAMOND OFFSHORE TO RELEASE THIRD QUARTER 2023 RESULTS
HOUSTON , Oct. 17, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its third quarter 2023 operating results on Monday, November 6, 2023 after the m...
![](https://cdn.snapi.dev/images/v1/r/o/press9-2078670.jpg)
Pickering Energy Partners Acted as Co-Manager to Diamond Offshore Drilling, Inc.
HOUSTON--(BUSINESS WIRE)---- $DO #comanager--Pickering Energy Partners Acted as Co-Manager to Diamond Offshore Drilling, Inc. (NYSE: DO).