Diamond Offshore Drilling Inc (DO)

Currency in USD
13.99
0.00(0.00%)
Closed·
Showing Diamond Offshore Drilling historical data. For real-time data please try another search
Day's Range
13.9714.36
52 wk Range
12.1516.80
Key Statistics
Prev. Close
13.99
Open
14.24
Day's Range
13.97-14.36
52 wk Range
12.15-16.8
Volume
-
Average Volume (3m)
2.47M
1-Year Change
-5.79%
Book Value / Share
-
Fair Value
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Fair Value Upside
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Diamond Offshore Drilling Inc Company Profile

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, seven semisubmersible rigs, and two managed rigs. It caters to independent oil and gas companies, and government-owned oil companies. Diamond Offshore Drilling, Inc. was founded in 1953 and is based in Houston, Texas. As of September 4, 2024, Diamond Offshore Drilling, Inc. operates as a subsidiary of Noble Corporation plc.

Diamond Offshore Drilling Inc SWOT Analysis


Contract Victories
Diamond Offshore secures lucrative drilling contracts, including a two-year extension for BlackHawk at $480,000 per day, signaling industry confidence
Financial Resilience
Explore Diamond Offshore's robust financial health, with a 17.69% revenue growth and a bullish analyst consensus, despite market challenges
Acquisition Horizon
Delve into the potential impacts of Noble Corporation's pending acquisition, expected to close by Q1 2025, on Diamond Offshore's market position
Industry Dynamics
Analysts project a $22 price target, reflecting optimism in offshore drilling amid tightening supply-demand balance and rising dayrates
Read full SWOT analysis

Diamond Offshore Drilling Inc Earnings Call Summary for Q4/2023

  • Q4 revenue of $298M and adjusted EBITDA of $72M beat guidance; net loss of $146M reported
  • Secured $485M in new contracts in 2023; $1.6B backlog with 91% contract coverage for 2024
  • 2024 revenue projected at $940M-$960M; adjusted EBITDA expected to be $230M-$250M
  • GreatWhite incident to impact Q1; repair period of 90-100 days with insurance coverage expected
  • Focus on EBITDA growth, cash flow improvement, and leverage reduction in 2024
Last Updated: 29/02/2024, 18:24
Read Full Transcript

Earnings

Latest Release
Nov 04, 2024
EPS / Forecast
-- / 0.2371
Revenue / Forecast
-- / 269.65M
EPS Revisions
Last 90 days

DO Income Statement

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