Diamond Offshore Drilling, Inc. (DO)

NYSE: DO · IEX Real-Time Price · USD
11.64
-0.04 (-0.34%)
Jan 27, 2023, 4:00 PM EST - Market closed
-0.34%
Market Cap 1.18B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 101.52M
EPS (ttm) -17.71
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 466,630
Open 11.61
Previous Close 11.68
Day's Range 11.57 - 11.86
52-Week Range 5.17 - 12.09
Beta n/a
Analysts Buy
Price Target 13.77 (+18.3%)
Earnings Date Feb 6, 2023

About DO

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2021, the company operated a fleet of 12 offshore drilling rigs, including four drillships and eight 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. [Read more]

Sector Energy
CEO Marc Edwards
Employees 1,900
Stock Exchange NYSE
Ticker Symbol DO
Full Company Profile

Analyst Forecast

According to 11 analysts, the average rating for DO stock is "Buy." The 12-month stock price forecast is $13.77, which is an increase of 18.30% from the latest price.

Price Target
$13.77
(18.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: PR
1 week ago - CNBC Television

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...

3 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

DIAMOND OFFSHORE ANNOUNCES NEW FLOATER COMMITMENTS

HOUSTON , Aug. 31, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that Inpex Operations Australia Pty Ltd has entered into a contract to utilize the Ocean Apex for wor...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

Diamond Offshore to Release Second Quarter 2022 Results on August 10

HOUSTON , Aug. 2, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its second quarte...

6 months ago - PRNewsWire

Diamond Offshore Announces First Quarter 2022 Results

HOUSTON , May 10, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported the following results for the first quarter of 2022: Three Months Ended Thousands of dollars, except pe...

9 months ago - PRNewsWire

6 Stocks Halted In Wednesday's Session

A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bri...

Other symbols: AKBABNOXGLOBREVBSKYH
10 months ago - Benzinga

Diamond Offshore Announces Relisting on NYSE

HOUSTON , March 24, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. ("Diamond" or the "Company") today announced that the Company has received approval to relist its unrestricted common stock on ...

11 months ago - PRNewsWire

Earnings Preview: Diamond Offshore Drilling (DOFSQ) Q3 Earnings Expected to Decline

Diamond Offshore Drilling (DOFSQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 years ago - Zacks Investment Research

Diamond Offshore Drilling (DOFSQ) Expected to Beat Earnings Estimates: Should You Buy?

Diamond Offshore Drilling (DOFSQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 years ago - Zacks Investment Research

Can Offshore Drilling Industry Weather the Coronavirus Storm?

The coronavirus-triggered oil price plunge and the slowdown in business activity spark the second wave of bankruptcy for offshore drilling companies.

Other symbols: CVXNEVALXOM
2 years ago - Zacks Investment Research

US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

Other symbols: BKRDVNFANGHALRIGSLB
2 years ago - Zacks Investment Research

US Oil & Gas Rig Tally at Record Low for 7 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

Other symbols: BKRHALRIGSLB
2 years ago - Zacks Investment Research

US Oil & Gas Rig Tally Hits Record Lows for 6 Straight Weeks

Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.

Other symbols: BKRHALRIGSLBWTI
2 years ago - Zacks Investment Research

Even bankrupt stocks soared in the latest market rally

Reality is finally settling in on Wall Street Thursday. Stocks took a nasty tumble because of growing concerns about a second wave of Covid-19 cases. But the broader market is still up sharply since M...

Other symbols: HTZ
2 years ago - CNN Business

Sectors at risk of Covid-19 bankruptcy

Nader Tavakoli, EagleRock Capital Management, on his expectations for which companies could be the first to file for bankruptcy and how companies will approach cuts.

Other symbols: HTZ
2 years ago - CNBC Television

Why Earnings Season Could Be Great for Diamond Offshore Drilling (DO)

Diamond Offshore Drilling (DO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 years ago - Zacks Investment Research

How you can play oil ETFs after Diamond Offshore bankruptcy filing

Diamond Offshore's bankruptcy filing shows the risk of buying into smaller-cap names in the oil patch, ETF analysts say.

Other symbols: PSCEPXJ
2 years ago - CNBC

Diamond Offshore files for Chapter 11 Bankruptcy

CNBC's Brian Sullivan reports on the state of the oil markets.

2 years ago - CNBC Television

How Diamond Offshore's bankruptcy filing affects energy ETFs

Jason Bloom, director of global macro ETF strategy at Invesco, Tom Lydon, CEO of ETF Trends and ETF Database, and Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA Research, dis...

Other symbols: PSCEPXJXES
2 years ago - CNBC Television

Diamond Offshore Drilling (DO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Diamond Offshore Drilling (DO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 years ago - Zacks Investment Research

Oil company Diamond Offshore files for bankruptcy

The cratering oil market has tipped yet another energy company into bankruptcy.

2 years ago - CNN Business