Diamond Offshore Drilling, Inc. (DOFSQ)
|Net Income (ttm)||-1.25B|
|Day's Range||0.1200 - 0.1331|
|52-Week Range||0.1000 - 0.7700|
|Est. Earnings Date||May 3, 2021|
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...]
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.Financial Statements
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.