Diamond Offshore Drilling, Inc. (DO)

NYSE: DO · IEX Real-Time Price · USD
13.01
-0.53 (-3.91%)
At close: Apr 17, 2024, 4:00 PM
12.99
-0.02 (-0.15%)
After-hours: Apr 17, 2024, 7:42 PM EDT
-3.91%
Market Cap 1.33B
Revenue (ttm) 1.06B
Net Income (ttm) -44.71M
Shares Out 102.32M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE 25.30
Dividend n/a
Ex-Dividend Date n/a
Volume 1,405,317
Open 13.42
Previous Close 13.54
Day's Range 13.00 - 13.62
52-Week Range 10.44 - 17.32
Beta 1.28
Analysts Strong Buy
Price Target 20.33 (+56.26%)
Earnings Date May 7, 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]

Sector Energy
Founded 1978
Employees 2,140
Stock Exchange NYSE
Ticker Symbol DO
Full Company Profile

Financial Performance

Financial Statements

Analyst 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 56.26% from the latest price.

Price Target
$20.33
(56.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

10 hours ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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).

7 months ago - Business Wire

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"), ...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

10 Picks to Play a Resurgent Energy Sector

Our energy roundtable predicts higher crude prices as global demand grows faster than supply. What's ahead for U.S. shale, the majors, and the energy transition.

Other symbols: ARFANGPRSHELSLBTTEXOM
11 months ago - Barrons

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - PRNewsWire