Diamond Offshore Drilling, Inc. (DO)
Market Cap | 1.38B |
Revenue (ttm) | 1.06B |
Net Income (ttm) | -44.71M |
Shares Out | 102.32M |
EPS (ttm) | -0.44 |
PE Ratio | n/a |
Forward PE | 34.36 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,224,376 |
Open | 13.55 |
Previous Close | 13.44 |
Day's Range | 13.51 - 13.71 |
52-Week Range | 10.44 - 17.32 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 20.33 (+49.05%) |
Earnings Date | May 6, 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 3 analysts, the average rating for DO stock is "Strong Buy." The 12-month stock price forecast is $20.33, which is an increase of 49.05% from the latest price.
News
DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT
HOUSTON , March 3, 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...
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...
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 ...
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...
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 ...
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...
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...
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).
Diamond Offshore Announces Pricing of $550 Million Upsized Private Placement of 8.500% Senior Secured Second Lien Notes Due 2030
HOUSTON, Sept. 12, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) and its wholly-owned subsidiaries, Diamond Foreign Asset Company and Diamond Finance, LLC (together, the "Issuers"), ...
Diamond Offshore Announces $500 Million Private Placement of Senior Secured Second Lien Notes Due 2030
HOUSTON , Sept. 12, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that its wholly-owned subsidiaries, Diamond Foreign Asset Company and Diamond Finance, LLC (together...
DIAMOND OFFSHORE TO PRESENT AT INVESTOR CONFERENCES IN SEPTEMBER
HOUSTON , Aug. 24, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Bernie Wolford, Jr., President and Chief Executive Officer, is scheduled to present at the Barcl...
Diamond Offshore Reports Second Quarter 2023 Results
Backlog of $229 Million Added During Second Quarter Ocean GreatWhite Completes Second Well Post-Reactivation; First Option Exercised Ocean BlackHawk Completes Senegal Contract; Commences Shipyard Proj...
DIAMOND OFFSHORE TO RELEASE SECOND QUARTER 2023 RESULTS
HOUSTON , July 18, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its second quarter 2023 operating results on Monday, August 7, 2023 after the ma...
Diamond Offshore Reports First Quarter 2023 Results and Announces Contract Awards of $212 Million
Awarded $212 million in New Contracts Ocean GreatWhite Completes Reactivation and Commences Contract Performance Bonus Earned by Senegal Rigs for Third Consecutive Quarter Revenue and Adjusted EBITDA ...
DIAMOND OFFSHORE TO RELEASE FIRST QUARTER 2023 RESULTS
HOUSTON , April 18, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its first quarter 2023 operating results on Monday, May 8, 2023 after the marke...
Diamond Offshore Announces Fourth Quarter 2022 Results
Added $482 Million of Backlog in Fourth Quarter Earned Sixth Performance Bonus in Senegal Progressed Ocean GreatWhite Reactivation HOUSTON , Feb. 27, 2023 /PRNewswire/ -- Diamond Offshore Drilling, I...
DIAMOND OFFSHORE TO PRESENT AT DNB ENERGY & SHIPPING CONFERENCE 2023
HOUSTON , Feb. 23, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Bernie Wolford, Jr., President and Chief Executive Officer, is scheduled to present at the DNB E...
DIAMOND OFFSHORE TO RELEASE FOURTH QUARTER 2022 RESULTS
HOUSTON , Feb. 7, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its fourth quarter 2022 operating results on Monday, February 27, 2023 after the ...
Oil outlook is largely dependent on China's reopening, says Energy Aspects' Amrita Sen
Dan Pickering, chief investment officer at Pickering Energy Partners, and Amrita Sen, co-founder and head of research at Energy Aspects, join 'The Exchange' to discuss growing oil demand in China, 202...
DIAMOND OFFSHORE TO PRESENT AT THE FEARNLEY SECURITIES' OFFSHORE DRILLING SEMINAR
HOUSTON , Jan. 5, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Dominic Savarino, Senior Vice President and Chief Financial Officer, is scheduled to present at t...
Diamond Offshore Announces Third Quarter 2022 Results and $429 Million Project Award in Brazil
Ocean Courage Awarded 4-Year Project Performance Bonus on First Well for Ocean BlackHawk $20 Million Increase in Revenue and $3 Million Increase in EBITDA Ocean GreatWhite Commences Reactivation HOUST...
DIAMOND OFFSHORE TO RELEASE THIRD QUARTER 2022 RESULTS
HOUSTON , Oct. 19, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its third quarter 2022 operating results on Monday, November 7, 2022 after the m...
DIAMOND OFFSHORE TO PRESENT AT THE PARETO SECURITIES' ENERGY CONFERENCE
HOUSTON , Sept. 7, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Bernie Wolford, Jr., President and Chief Executive Officer, is scheduled to present at the Paret...
Diamond Offshore Reports Second Quarter 2022 Results and Announces $610 Million in New Contract Awards
Ocean GreatWhite Awarded Contract Three other Rigs Secure Additional Backlog 18% Increase in Contract Drilling Revenue and $26m Increase in EBITDA HOUSTON , Aug. 9, 2022 /PRNewswire/ -- Diamond Offsho...