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    Diamond Offshore Drilling, Inc. (DO)

    Price:

    13.99 USD

    ( - -0.35 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    DO
    Name
    Diamond Offshore Drilling, Inc.
    Industry
    Oil & Gas Drilling
    Sector
    Energy
    Price
    13.990
    Market Cap
    1.444B
    Enterprise value
    1.978B
    Currency
    USD
    Ceo
    Bernie G. Wolford
    Full Time Employees
    2140
    Ipo Date
    2022-03-30
    City
    Houston
    Address
    15415 Katy Freeway

    Check the

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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Independence Contract Drilling, Inc.

    VALUE SCORE:

    0

    Symbol
    ICD
    Market Cap
    8.916M
    Industry
    Oil & Gas Drilling
    Sector
    Energy

    2nd position

    Noble Corporation Plc

    VALUE SCORE:

    9

    Symbol
    NE
    Market Cap
    4.716B
    Industry
    Oil & Gas Drilling
    Sector
    Energy

    The best

    Precision Drilling Corporation

    VALUE SCORE:

    10

    Symbol
    PDS
    Market Cap
    1.095B
    Industry
    Oil & Gas Drilling
    Sector
    Energy
    FUNDAMENTALS
    P/E
    68.512
    P/S
    2.737
    P/B
    2.137
    Debt/Equity
    0.987
    EV/FCF
    50.030
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    3.660
    Earnings yield
    0.015
    Debt/assets
    0.394
    FUNDAMENTALS
    Net debt/ebidta
    4.507
    Interest coverage
    1.414
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.571
    Capex to revenue
    0.097
    Capex to depreciation
    0.814
    Return on tangible assets
    0.012
    Debt to market cap
    0.459
    Piotroski Score
    3.000
    FUNDAMENTALS
    PEG
    -0.115
    P/CF
    15.952
    P/FCF
    37.420
    RoA %
    1.244
    RoIC %
    2.467
    Gross Profit Margin %
    16.717
    Quick Ratio
    1.695
    Current Ratio
    1.728
    Net Profit Margin %
    3.970
    Net-Net
    -6.472
    FUNDAMENTALS PER SHARE
    FCF per share
    0.376
    Revenue per share
    5.144
    Net income per share
    0.204
    Operating cash flow per share
    0.877
    Free cash flow per share
    0.376
    Cash per share
    1.717
    Book value per share
    6.547
    Tangible book value per share
    6.547
    Shareholders equity per share
    6.547
    Interest debt per share
    6.759
    TECHNICAL
    52 weeks high
    16.800
    52 weeks low
    11.020
    Current trading session High
    14.355
    Current trading session Low
    13.970
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    BM
    Sector
    Energy
    Industry
    Oil & Gas Drilling
    Dividend yield
    0.014760148%
    Payout Ratio
    61.76131%
    P/E
    11.945
    logo

    Country
    BM
    Sector
    Energy
    Industry
    Oil & Gas Drilling
    Dividend yield
    0%
    Payout Ratio
    -5.634065%
    P/E
    -4.899
    logo

    Country
    US
    Sector
    Energy
    Industry
    Oil & Gas Drilling
    Dividend yield
    0.08420344%
    Payout Ratio
    104.24929999999999%
    P/E
    15.256
    logo

    Country
    US
    Sector
    Energy
    Industry
    Oil & Gas Equipment & Services
    Dividend yield
    0.03723987%
    Payout Ratio
    40.976647%
    P/E
    10.904
    logo

    Country
    US
    Sector
    Energy
    Industry
    Oil & Gas Drilling
    Dividend yield
    0.05437553%
    Payout Ratio
    -11.5015365%
    P/E
    -2.106
    logo

    Country
    CH
    Sector
    Energy
    Industry
    Oil & Gas Drilling
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -2.017
    logo

    Country
    GB
    Sector
    Energy
    Industry
    Oil & Gas Drilling
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    24.981
    DESCRIPTION

    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.

    NEWS
    https://images.financialmodelingprep.com/news/noble-corporation-and-diamond-offshore-provide-update-on-expected-20240830.jpg
    Noble Corporation and Diamond Offshore Provide Update on Expected Closing of Transaction

    prnewswire.com

    2024-08-30 16:01:00

    SUGAR LAND, Texas , Aug. 30, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. ("Diamond Offshore") (NYSE: DO) announced today the receipt of clearance from the Australia Competition & Consumer Commission, in relation to the pending transaction between Noble and Diamond Offshore, which is the final required regulatory approval for the transaction.  The parties expect to close the transaction on Wednesday September 4 th, 2024.

    https://images.financialmodelingprep.com/news/diamond-offshore-reports-second-quarter-2024-results-20240806.jpg
    Diamond Offshore Reports Second Quarter 2024 Results

    prnewswire.com

    2024-08-06 16:05:00

    $350 Million in Contract Awards in Q2; $89 Million in Contract Awards Post-Q2 Q2 Adjusted EBITDA of $58 Million $8.7 Million in Performance Bonuses Earned during Q2 in Senegal Ocean GreatWhite Completes Repairs and Resumes Operations HOUSTON , Aug. 6, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported the following results for the second quarter of 2024: Three Months Ended Thousands of dollars, except per share data June 30, 2024 March 31, 2024 Total revenues $ 252,886 $ 274,610 Operating income 28,282 21,813 Net income 9,328 11,612 Income per diluted share 0.09 0.11 Adjusted operating income 33,428 31,813 Adjusted EBITDA (1) 58,020 64,163 Adjusted net income 12,189 25,434 Adjusted income per diluted share 0.12 0.25 (1) Adjusted to exclude (i) $5 million in transaction costs for the three months ended June 30, 2024 associated with the previously announced pending merger with Noble Corporation plc and (ii) the $10 million insurance deductible associated with the insurance claim for the Ocean GreatWhite for the three months ended March 31 2024. Non-GAAP supporting schedules are included with the statements and schedules included in this press release.

    https://images.financialmodelingprep.com/news/noble-corporation-and-diamond-offshore-announce-expiration-of-hartscottrodino-20240725.jpg
    Noble Corporation and Diamond Offshore Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update

    prnewswire.com

    2024-07-25 17:30:00

    SUGAR LAND, Texas , July 25, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. ("Diamond") (NYSE: DO) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation to the pending merger between Noble and Diamond, expired at 11:59 ET on July 24, 2024.  Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Diamond's stockholders and the receipt of informal clearance by the Australian Competition & Consumer Commission.

    https://images.financialmodelingprep.com/news/diamond-offshore-announces-new-drillship-commitment-20240718.jpg
    DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT

    prnewswire.com

    2024-07-18 17:35:00

    HOUSTON , July 18, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that it has entered into a contract with BOE Exploration & Production LLC for the Ocean BlackRhino for work in the U.S. Gulf of Mexico. The Ocean BlackRhino was awarded a contract with a minimum duration of 180 days for a total value of approximately $89 million, excluding mobilization and any additional services.

    https://images.financialmodelingprep.com/news/diamond-offshore-to-release-second-quarter-2024-results-20240717.jpg
    DIAMOND OFFSHORE TO RELEASE SECOND QUARTER 2024 RESULTS

    prnewswire.com

    2024-07-17 16:15:00

    HOUSTON , July 17, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its second quarter 2024 operating results on Tuesday, August 6, 2024 after the market closes. The company will not hold a conference call as a result of entering into the definitive merger agreement announced on June 10, 2024, providing for Diamond to be acquired by Noble Corporation plc, subject to shareholder and regulatory approvals and other customary closing conditions.

    https://images.financialmodelingprep.com/news/stockholder-alert-the-ma-class-action-firm-investigates-merger-of-20240709.jpg
    STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO

    prnewswire.com

    2024-07-09 14:44:00

    NEW YORK , July 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Diamond Offshore Drilling, Inc. (NYSE: DO ), relating to its proposed merger with Noble Corp plc.

    https://images.financialmodelingprep.com/news/shipping-trends-j-mintzmyer-and-edward-finleyrichardson-on-marine-20240624.jpg
    Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024

    seekingalpha.com

    2024-06-24 16:15:00

    Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

    https://images.financialmodelingprep.com/news/oilfield-service-firms-latest-to-jump-on-the-ma-20240619.jpg
    Oilfield Service Firms Latest to Jump on the M&A Bandwagon

    zacks.com

    2024-06-19 07:50:23

    The Noble (NE)-Diamond Offshore (DO) transaction comes at a time when the offshore drilling market is benefiting from increased exploration and production spending.

    https://images.financialmodelingprep.com/news/shareholder-investigation-halper-sadeh-llc-investigates-do-sgrp-on-20240618.jpg
    SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, SGRP on Behalf of Shareholders

    globenewswire.com

    2024-06-18 11:49:00

    NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

    https://images.financialmodelingprep.com/news/diamond-offshore-investor-alert-by-the-former-attorney-general-20240612.jpg
    DIAMOND OFFSHORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond Offshore Drilling, Inc. - DO

    businesswire.com

    2024-06-12 19:10:00

    NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diamond Offshore Drilling, Inc. (NYSE: DO) to Noble Corporation plc (NYSE: NE). Under the terms of the proposed transaction, shareholders of Diamond will receive $5.65 in cash and 0.2316 shares of Noble for each share of Diamond that they own. KSF is seeking to determine whether this consideration and the proc.

    https://images.financialmodelingprep.com/news/shareholder-investigation-halper-sadeh-llc-investigates-do-mgrc-on-20240611.jpg
    SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, MGRC on Behalf of Shareholders

    accesswire.com

    2024-06-11 14:45:00

    NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Diamond Offshore Drilling, Inc. (NYSE:DO)'s sale to Noble Corporation plc for 0.2316 shares of Noble and $5.65 in cash for each share of Diamond stock. If you are a Diamond shareholder, click here to learn more about your legal rights and options.

    https://images.financialmodelingprep.com/news/stockholder-investigation-the-ma-class-action-firm-investigates-merger-20240611.jpg
    STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO

    prnewswire.com

    2024-06-11 13:14:00

    NEW YORK , June 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Diamond Offshore Drilling, Inc. (NYSE: DO ), relating to its proposed merger with Noble Corp plc.

    https://images.financialmodelingprep.com/news/shareholder-investigation-halper-sadeh-llc-investigates-do-icch-on-20240611.jpg
    SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, ICCH on Behalf of Shareholders

    accesswire.com

    2024-06-11 12:00:00

    NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Diamond Offshore Drilling, Inc. (NYSE:DO)'s sale to Noble Corporation plc for 0.2316 shares of Noble and $5.65 in cash for each share of Diamond stock. If you are a Diamond shareholder, click here to learn more about your legal rights and options.

    https://images.financialmodelingprep.com/news/shareholder-alert-ademi-llp-investigates-whether-diamond-offshore-drilling-inc-20240611.jpg
    Shareholder Alert: Ademi LLP investigates whether Diamond Offshore Drilling, Inc. has obtained a Fair Price for its Public Shareholders

    prnewswire.com

    2024-06-11 11:00:00

    MILWAUKEE , June 11, 2024 /PRNewswire/ -- Ademi LLP is investigating Diamond (NYSE: DO) for possible breaches of fiduciary duty and other violations of law in its transaction with Noble. Click here to learn how to join the https://www.ademilaw.com/case/diamond-offshore-drilling-inc or call Guri Ademi toll-free at 866-264-3995.

    https://images.financialmodelingprep.com/news/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-20240610.jpg
    ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Diamond Offshore Drilling, Inc.

    prnewswire.com

    2024-06-10 18:11:00

    NEW YORK , June 10, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Diamond Offshore Drilling, Inc. (NYSE: DO) and its board of directors concerning the proposed acquisition of the company by Noble Corporation plc (NYSE: NE). Stockholders will receive $5.65 and 0.2316 shares of Noble Corporation common stock for each share of Diamond Offshore Drilling stock that they hold.

    https://images.financialmodelingprep.com/news/stockholder-investigation-the-ma-class-action-firm-investigates-merger-20240610.jpg
    STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. – DO

    globenewswire.com

    2024-06-10 12:53:00

    NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Diamond Offshore Drilling, Inc . ( NYSE : DO ), relating to its proposed merger with Noble Corp plc. Under the terms of the agreement, each share of Diamond Offshore Drilling stock will be converted into the right to receive $5.65 in cash and 0.2316 shares of Noble stock.