Diamond Offshore Drilling, Inc. (DOFSQ)
|Net Income (ttm)||-1.25B|
|Trading Day||May 16, 2021|
|Day's Range||0.1200 - 0.1331|
|52-Week Range||0.1000 - 0.7700|
HOUSTON, Jan. 25, 2021 /PRNewswire/ -- Diamond Offshore Drilling, Inc. ("Diamond" or the "Company") today announced that it has entered into a plan support agreement with holders of over 70% of each of ...
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.
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.
The coronavirus-triggered oil price plunge and the slowdown in business activity spark the second wave of bankruptcy for offshore drilling companies.
The industry, which has already seen a few notable bankruptcies, will probably witness many more in the coming months.
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.
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 Mar...
Oil companies have been taking advantage of the stimulus bill to collect millions in tax rebates.
Almost all of the publicly traded companies in it are at risk of bankruptcy this year.
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.
Diamond Offshore Drilling (DO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Diamond Offshore's bankruptcy filing shows the risk of buying into smaller-cap names in the oil patch, ETF analysts say.
Diamond Offshore files for Chapter 11 Bankruptcy
CNBC's Brian Sullivan reports on the state of the oil markets.
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, discu...
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.
Drillship and semisubmersible operator Diamond Offshore Drilling Inc. (NYSE: DO) on Sunday filed for Chapter 11 bankruptcy protection in order to strengthen its balance sheet and reorganize its debt.
The offshore drilling contractor is the latest casualty of the oil-price crash.
The cratering oil market has tipped yet another energy company into bankruptcy.
Shares of Hess Corp. HES, +1.89% slumped 5.7% and Occidental Petroleum Corp. OXY, -0.43% dropped 3.6% in premarket trading Monday, as crude oil prices took another dive and oil driller Diamond Offshore ...
The Houston-based contract drilling company's filing said day rates and demand for its services had "worsened precipitously" this year amid a "price war" between OPEC and Russia and the steep drop in oi...
Diamond Offshore files for Chapter 11 bankruptcy (DO)
The "Squawk Box" crew talk about several of the morning's top stories.
Shares of Diamond Offshore Drilling Inc. DO, +13.06% plummeted 61% toward a record low in premarket trading Monday, after the oil driller said it has filed for bankruptcy in the Southern District of Texas.
The rig contractor controlled by Loews Corp. said operating conditions had worsened “precipitously in recent months.
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.
The massive global supply and demand imbalance continues sending oil prices lower.
Diamond Offshore (NYSE: DO), a global offshore contract driller, traded lower on Monday after Citigroup maintained a Sell rating on the stock and lowered its price target from $3.50 to 90 cents.
Investors need to pay close attention to Diamond Offshore Drilling (DO) stock based on the movements in the options market lately.
The count of oil rigs in the Permian increases for five consecutive weeks.
The escalations just intensified in the global crude oil price war, with another OPEC heavyweight announcing big output increases to come soon.
Diamond Offshore Drilling (DO) reported earnings 30 days ago. What's next for the stock?
The market seems firmly convinced that more pain is coming.
Another bad day for crude oil has investors betting that oil drilling contractors will have a tough go of it.
Coronavirus fears are spreading outside China, and crude oil prices are plummeting.
Diamond Offshore (DO) expects cash flow to be in the negative territory in 2020.
Diamond Offshore Drilling Inc. (DO) CEO Marc Edwards on Q4 2019 Results - Earnings Call Transcript
Better-than-expected full-year results and a growing backlog weren't enough to outweigh investors' concerns about the state of the oil market.
Diamond Offshore Drilling (DO) delivered earnings and revenue surprises of 31.82% and 10.96%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
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... [Read more...]
Oil & Gas Drilling
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In 2020, DOFSQ's revenue was $733.69 million, a decrease of -25.18% compared to the previous year's $980.64 million. Losses were -$1.25 billion, 251.3% more than in 2019.