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Diamond Offshore Drilling NYSE:DO Stock Report

Last Price

US$11.53

Market Cap

US$1.2b

7D

-5.1%

1Y

6.5%

Updated

21 Feb, 2024

Data

Company Financials +

Diamond Offshore Drilling, Inc.

NYSE:DO Stock Report

Market Cap: US$1.2b

DO Stock Overview

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide.

DO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health1/6
Dividends0/6

Diamond Offshore Drilling, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Diamond Offshore Drilling
Historical stock prices
Current Share PriceUS$11.53
52 Week HighUS$17.32
52 Week LowUS$9.56
Beta0
1 Month Change-8.35%
3 Month Change-6.11%
1 Year Change6.46%
3 Year Changen/a
5 Year Changen/a
Change since IPO53.73%

Recent News & Updates

Diamond Offshore Drilling: Eagerly Awaiting Earnings And Operational Updates

Feb 17

A Look At The Intrinsic Value Of Diamond Offshore Drilling, Inc. (NYSE:DO)

Jan 24
A Look At The Intrinsic Value Of Diamond Offshore Drilling, Inc. (NYSE:DO)

Investor Optimism Abounds Diamond Offshore Drilling, Inc. (NYSE:DO) But Growth Is Lacking

Dec 20
Investor Optimism Abounds Diamond Offshore Drilling, Inc. (NYSE:DO) But Growth Is Lacking

Recent updates

Diamond Offshore Drilling: Eagerly Awaiting Earnings And Operational Updates

Feb 17

A Look At The Intrinsic Value Of Diamond Offshore Drilling, Inc. (NYSE:DO)

Jan 24
A Look At The Intrinsic Value Of Diamond Offshore Drilling, Inc. (NYSE:DO)

Investor Optimism Abounds Diamond Offshore Drilling, Inc. (NYSE:DO) But Growth Is Lacking

Dec 20
Investor Optimism Abounds Diamond Offshore Drilling, Inc. (NYSE:DO) But Growth Is Lacking

Diamond Offshore Drilling - Significant Progress Expected In 2024 - Buy

Nov 28

Diamond Offshore: Recontracting Provides Upside Potential Despite Risks

Nov 18

Are Investors Undervaluing Diamond Offshore Drilling, Inc. (NYSE:DO) By 36%?

Oct 08
Are Investors Undervaluing Diamond Offshore Drilling, Inc. (NYSE:DO) By 36%?

Diamond Offshore Snags Comprehensive Debt Refinancing At Favorable Terms - Buy

Sep 13

Diamond Offshore Drilling: Second Half Outlook Disappoints, Buy On Weakness

Aug 21

Diamond Offshore Drilling: Priced For Growth And Perfection

Aug 05

Diamond Offshore Drilling, Inc.'s (NYSE:DO) 27% Jump Shows Its Popularity With Investors

Apr 17
Diamond Offshore Drilling, Inc.'s (NYSE:DO) 27% Jump Shows Its Popularity With Investors

Diamond Offshore Drilling Q4 2022 Earnings Preview

Feb 24

Diamond Offshore Drilling GAAP EPS of $0.05 beats by $0.36, revenue of $226.07M beats by $44.68M

Nov 08

Diamond Offshore: Aiming For A Strong 2023

Sep 09

Diamond Offshore Drilling GAAP EPS of -$0.22, revenue of $205.7M

Aug 10

Diamond Offshore: Buy The Last Domino In The Energy Supercycle

Jun 12

Shareholder Returns

DOUS Energy ServicesUS Market
7D-5.1%2.0%-0.5%
1Y6.5%-1.7%22.3%

Return vs Industry: DO exceeded the US Energy Services industry which returned -4.5% over the past year.

Return vs Market: DO underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is DO's price volatile compared to industry and market?
DO volatility
DO Average Weekly Movement5.8%
Energy Services Industry Average Movement5.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: DO has not had significant price volatility in the past 3 months.

Volatility Over Time: DO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19532,100Jr. Wolfordhttps://www.diamondoffshore.com

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2022, the company operated a fleet of 14 offshore drilling rigs, including four drillships, eight semisubmersible rigs, and two managed rigs. It serves independent oil and gas companies, and government-owned oil companies.

Diamond Offshore Drilling, Inc. Fundamentals Summary

How do Diamond Offshore Drilling's earnings and revenue compare to its market cap?
DO fundamental statistics
Market capUS$1.18b
Earnings (TTM)US$48.56m
Revenue (TTM)US$912.05m

24.3x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DO income statement (TTM)
RevenueUS$912.05m
Cost of RevenueUS$688.05m
Gross ProfitUS$224.00m
Other ExpensesUS$175.44m
EarningsUS$48.56m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 27, 2024

Earnings per share (EPS)0.47
Gross Margin24.56%
Net Profit Margin5.32%
Debt/Equity Ratio68.0%

How did DO perform over the long term?

See historical performance and comparison
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