Diamond Offshore Drilling, Inc. (DO)
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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

Noble Corporation and Diamond Offshore Provide Update on Expected Closing of Transaction
prnewswire.com
2024-08-30 16:01:00SUGAR 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.

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.

Noble Corporation and Diamond Offshore Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update
prnewswire.com
2024-07-25 17:30:00SUGAR 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.

DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT
prnewswire.com
2024-07-18 17:35:00HOUSTON , 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.

DIAMOND OFFSHORE TO RELEASE SECOND QUARTER 2024 RESULTS
prnewswire.com
2024-07-17 16:15:00HOUSTON , 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.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO
prnewswire.com
2024-07-09 14:44:00NEW 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.

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024
seekingalpha.com
2024-06-24 16:15:00Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

Oilfield Service Firms Latest to Jump on the M&A Bandwagon
zacks.com
2024-06-19 07:50:23The Noble (NE)-Diamond Offshore (DO) transaction comes at a time when the offshore drilling market is benefiting from increased exploration and production spending.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, SGRP on Behalf of Shareholders
globenewswire.com
2024-06-18 11:49:00NEW 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:

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 19:10:00NEW 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.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, MGRC on Behalf of Shareholders
accesswire.com
2024-06-11 14:45:00NEW 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.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO
prnewswire.com
2024-06-11 13:14:00NEW 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.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, ICCH on Behalf of Shareholders
accesswire.com
2024-06-11 12:00:00NEW 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.

Shareholder Alert: Ademi LLP investigates whether Diamond Offshore Drilling, Inc. has obtained a Fair Price for its Public Shareholders
prnewswire.com
2024-06-11 11:00:00MILWAUKEE , 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.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Diamond Offshore Drilling, Inc.
prnewswire.com
2024-06-10 18:11:00NEW 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.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. – DO
globenewswire.com
2024-06-10 12:53:00NEW 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.

Noble Corporation and Diamond Offshore Provide Update on Expected Closing of Transaction
prnewswire.com
2024-08-30 16:01:00SUGAR 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.

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.

Noble Corporation and Diamond Offshore Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update
prnewswire.com
2024-07-25 17:30:00SUGAR 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.

DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT
prnewswire.com
2024-07-18 17:35:00HOUSTON , 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.

DIAMOND OFFSHORE TO RELEASE SECOND QUARTER 2024 RESULTS
prnewswire.com
2024-07-17 16:15:00HOUSTON , 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.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO
prnewswire.com
2024-07-09 14:44:00NEW 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.

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024
seekingalpha.com
2024-06-24 16:15:00Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

Oilfield Service Firms Latest to Jump on the M&A Bandwagon
zacks.com
2024-06-19 07:50:23The Noble (NE)-Diamond Offshore (DO) transaction comes at a time when the offshore drilling market is benefiting from increased exploration and production spending.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, SGRP on Behalf of Shareholders
globenewswire.com
2024-06-18 11:49:00NEW 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:

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 19:10:00NEW 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.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, MGRC on Behalf of Shareholders
accesswire.com
2024-06-11 14:45:00NEW 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.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. - DO
prnewswire.com
2024-06-11 13:14:00NEW 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.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DO, ICCH on Behalf of Shareholders
accesswire.com
2024-06-11 12:00:00NEW 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.

Shareholder Alert: Ademi LLP investigates whether Diamond Offshore Drilling, Inc. has obtained a Fair Price for its Public Shareholders
prnewswire.com
2024-06-11 11:00:00MILWAUKEE , 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.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Diamond Offshore Drilling, Inc.
prnewswire.com
2024-06-10 18:11:00NEW 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.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Diamond Offshore Drilling, Inc. – DO
globenewswire.com
2024-06-10 12:53:00NEW 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.