DO Stock Overview
Provides contract drilling services to the energy industry worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for DO from our risk checks.
Diamond Offshore Drilling, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.37 |
| 52 Week High | US$17.32 |
| 52 Week Low | US$11.02 |
| Beta | 1.41 |
| 11 Month Change | 6.15% |
| 3 Month Change | 16.97% |
| 1 Year Change | 18.87% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 104.93% |
Recent News & Updates
Diamond Offshore Drilling, Inc.'s (NYSE:DO) Intrinsic Value Is Potentially 60% Above Its Share Price
May 21
Diamond Offshore Drilling: Investors Should Look Beyond Recent Rig Incident Impact - Buy
Apr 09Recent updates
Diamond Offshore Drilling, Inc.'s (NYSE:DO) Intrinsic Value Is Potentially 60% Above Its Share Price
May 21Diamond Offshore Drilling: Investors Should Look Beyond Recent Rig Incident Impact - Buy
Apr 09Unpleasant Surprises Could Be In Store For Diamond Offshore Drilling, Inc.'s (NYSE:DO) Shares
Mar 31Is Diamond Offshore Drilling (NYSE:DO) Using Too Much Debt?
Feb 29Diamond Offshore Drilling: Eagerly Awaiting Earnings And Operational Updates
Feb 17A Look At The Intrinsic Value Of Diamond Offshore Drilling, Inc. (NYSE:DO)
Jan 24Investor Optimism Abounds Diamond Offshore Drilling, Inc. (NYSE:DO) But Growth Is Lacking
Dec 20Diamond Offshore Drilling - Significant Progress Expected In 2024 - Buy
Nov 28Diamond Offshore: Recontracting Provides Upside Potential Despite Risks
Nov 18Are Investors Undervaluing Diamond Offshore Drilling, Inc. (NYSE:DO) By 36%?
Oct 08Diamond Offshore Snags Comprehensive Debt Refinancing At Favorable Terms - Buy
Sep 13Diamond Offshore Drilling: Second Half Outlook Disappoints, Buy On Weakness
Aug 21Diamond Offshore Drilling: Priced For Growth And Perfection
Aug 05Diamond Offshore Drilling, Inc.'s (NYSE:DO) 27% Jump Shows Its Popularity With Investors
Apr 17Diamond Offshore Drilling Q4 2022 Earnings Preview
Feb 24Diamond Offshore Drilling GAAP EPS of $0.05 beats by $0.36, revenue of $226.07M beats by $44.68M
Nov 08Diamond Offshore: Aiming For A Strong 2023
Sep 09Diamond Offshore Drilling GAAP EPS of -$0.22, revenue of $205.7M
Aug 10Diamond Offshore: Buy The Last Domino In The Energy Supercycle
Jun 12Shareholder Returns
| DO | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 1.5% | 2.7% | 0.1% |
| 1Y | 18.9% | 11.3% | 24.1% |
Return vs Industry: DO exceeded the US Energy Services industry which returned 12.6% over the past year.
Return vs Market: DO underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| DO volatility | |
|---|---|
| DO Average Weekly Movement | 6.4% |
| Energy Services Industry Average Movement | 5.6% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 2,140 | Jr. Wolford | www.diamondoffshore.com |
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. Fundamentals Summary
| DO fundamental statistics | |
|---|---|
| Market cap | US$1.58b |
| Earnings (TTM) | -US$40.32m |
| Revenue (TTM) | US$1.03b |
1.5x
P/S Ratio-39.1x
P/E RatioIs DO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DO income statement (TTM) | |
|---|---|
| Revenue | US$1.03b |
| Cost of Revenue | US$767.91m |
| Gross Profit | US$260.46m |
| Other Expenses | US$300.79m |
| Earnings | -US$40.32m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.39 |
| Gross Margin | 25.33% |
| Net Profit Margin | -3.92% |
| Debt/Equity Ratio | 81.0% |
How did DO perform over the long term?
See historical performance and comparison