Diamond Offshore Drilling, Inc. DO
13.99 0.00 (+0.00%)
At closeSep 3, 2024, 4:00 PM EDT
13.97 Day range 14.36
52-week range unavailable
- Market cap
- 1.44B
- Revenue (ttm)
- 1.00B
- Profit margin
- -26.88%
- Shares out
- 103.21M
- Forward P/E
- 6.86
- Volume
- 5.60M
- Open
- 14.24
- Previous close
- 13.99
- Day's range
- 13.97 – 14.36
- Beta
- 1.36
- Analysts
- Strong Buy
- Price target
- 19.38 (+38.5%)
- Earnings date
- Aug 6, 2024
2Y +7.00 (+100.14%)
Key statistics
- Enterprise value
- 1.94B
- PEG ratio
- 0.00
- Price / sales
- 1.44
- Price / book
- 2.14
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -9.30%
- Free cash flow
- 87.92M
- Total cash
- 165.54M
- Total debt
- 662.71M
- Return on equity
- -33.63%
- Short % of float
- 4.45%
- 50-day average
- 15.19
- 200-day average
- 13.69
Analyst view
Consensus: strong buy
Strong buy
Price target (mean) 19.38 +38.5% upside
Now 13.99
- Target (low)
- 18.50
- Target (mean)
- 19.38
- Target (high)
- 20.00
Ratings (0m) 32 3 buy · 18 hold · 11 sell
- Strong buy0
- Buy3
- Hold18
- Sell8
- Strong sell3
Next earnings
Aug 6, 2024
Expected Aug 6, 2024. Consensus EPS estimate 0.25.
Financials — quick view
DO Revenue — quarterly 252.89M
DO Net income — quarterly 9.33M
DO EPS — quarterly 0.09
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 6, 2024 | Jun 1, 2024 | 0.08 | — | — | — |
| May 7, 2024 | Mar 1, 2024 | 0.00 | — | — | — |
| Feb 27, 2024 | Dec 1, 2023 | 0.15 | — | — | — |
| Nov 6, 2023 | Sep 1, 2023 | 0.00 | — | — | — |
| Aug 7, 2023 | Jun 1, 2023 | 0.00 | — | — | — |
| May 8, 2023 | Mar 1, 2023 | 0.00 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 4, 2023 | BTIG | init | — | Buy |
About Diamond Offshore Drilling, Inc.
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.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Country
- United States
- Website
- diamondoffshore.com
News
Tech and Semiconductors Lead As Order Flows Expand Across Sectors 
Noble Corporation and Diamond Offshore Provide Update on Expected Closing of Transaction 
Diamond Offshore Reports Second Quarter 2024 Results 
Noble Corporation and Diamond Offshore Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update 
DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT 
DIAMOND OFFSHORE TO RELEASE SECOND QUARTER 2024 RESULTS 
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO 
Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024 
Oilfield Service Firms Latest to Jump on the M&A Bandwagon 
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, SGRP on Behalf of Shareholders
Your note
Sign in to keep a note on DO — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| RICHARDS JON L | Chief Operating Officer | Stock Award(Grant) | Jul 24, 2024 | 87,473 |
| ROLAND DAVID L | General Counsel | Conversion of Exercise of derivative security | Sep 3, 2024 | 108,843 |
| SAVARINO DOMINIC A | Chief Financial Officer | Stock Award(Grant) | Jul 24, 2024 | 72,534 |
| WOLFORD BERNIE G. JR. | Chief Executive Officer | Conversion of Exercise of derivative security | Sep 3, 2024 | 652,496 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Contrarius Investment Management Limited | 7.42% | 7,592,548 | 108.12M | Jun 29, 2023 |
| Blackrock Inc. | 7.36% | 7,535,501 | 107.31M | Jun 29, 2023 |
| KGH Ltd | 6.71% | 6,863,202 | 97.73M | Jun 29, 2023 |
| Wellington Management Group, LLP | 6.24% | 6,387,247 | 90.95M | Jun 29, 2023 |
| Vanguard Group Inc | 5.64% | 5,770,140 | 82.17M | Jun 29, 2023 |
| Victory Capital Management Inc. | 3.33% | 3,411,359 | 48.58M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.91% | 2,978,654 | 42.42M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 2.29% | 2,338,720 | 34.78M | Aug 30, 2023 |
| Vanguard Extended Market Index Fund | 1.36% | 1,386,616 | 19.75M | Jun 29, 2023 |
| Victory Portfolios-Victory Integrity Small Cap Value Fund | 1.25% | 1,274,831 | 18.15M | Jun 29, 2023 |
| iShares Russell 2000 Value ETF | 0.90% | 916,563 | 13.63M | Aug 30, 2023 |
| Fidelity Small Cap Index Fund | 0.89% | 907,804 | 14.37M | Jul 30, 2023 |