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DO

DO - Diamond Offshore Drilling Inc Stock Price, Fair Value and News

12.06USD-0.28 (-2.27%)Market Closed
Watchlist

Market Summary

USD12.06-0.28
Market Closed
-2.27%

DO Stock Price

View Fullscreen

DO RSI Chart

DO Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

25.41

Price/Sales (Trailing)

1.26

EV/EBITDA

-85.79

Price/Free Cashflow

-18.63

DO Price/Sales (Trailing)

DO Profitability

EBT Margin

-7.04%

Return on Equity

6.17%

Return on Assets

2.69%

Free Cashflow Yield

-5.37%

DO Fundamentals

DO Revenue

Revenue (TTM)

981.8M

Rev. Growth (Yr)

8.35%

Rev. Growth (Qtr)

-13%

DO Earnings

Earnings (TTM)

48.6M

Earnings Growth (Yr)

-2.7K%

Earnings Growth (Qtr)

-160.73%

Breaking Down DO Revenue

Last 7 days

-0.9%

Last 30 days

-1.9%

How does DO drawdown profile look like?

DO Financial Health

Current Ratio

1.84

Debt/Equity

0.68

Debt/Cashflow

0.1

DO Investor Care

Dividend Yield

4.2%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.79%

Diluted EPS (TTM)

0.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023887.1M962.9M981.8M0
2022742.3M833.1M845.3M841.3M
2021639.3M610.5M633.0M725.4M
2020976.3M957.8M842.0M733.7M
20191.0B969.1M936.8M980.6M
20181.4B1.3B1.2B1.1B
20171.5B1.5B1.5B1.5B
20162.3B2.0B1.8B1.6B
20152.7B2.7B2.5B2.4B
20142.9B2.8B2.9B2.8B
20132.9B3.0B2.9B2.9B
20123.3B3.1B3.0B3.0B
20113.3B3.3B3.4B3.3B
20103.6B3.5B3.4B3.3B
20093.6B3.6B3.6B3.6B
20082.8B3.1B3.3B3.5B
20070002.6B

Tracking the Latest Insider Buys and Sells of Diamond Offshore Drilling Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 18, 2024
savarino dominic a
sold (taxes)
-45,200
12.37
-3,654
senior vice president and cfo
Jan 18, 2024
roland david l
sold (taxes)
-35,155
12.37
-2,842
svp, general counsel and sec
Jan 18, 2024
wolford bernie g.
acquired
-
-
39,428
president and ceo
Jan 18, 2024
roland david l
acquired
-
-
9,583
svp, general counsel and sec
Jan 18, 2024
wolford bernie g.
sold (taxes)
-97,549
12.37
-7,886
president and ceo
Jan 18, 2024
savarino dominic a
acquired
-
-
12,321
senior vice president and cfo
Nov 10, 2023
savarino dominic a
sold
-65,034
12.7369
-5,106
senior vice president and cfo
Jul 28, 2023
roland david l
sold (taxes)
-133,232
15.44
-8,629
svp, general counsel and sec
Jul 28, 2023
savarino dominic a
sold (taxes)
-140,581
15.44
-9,105
senior vice president and cfo
Jul 28, 2023
roland david l
acquired
-
-
30,176
svp, general counsel and sec

1–10 of 50

Which funds bought or sold DO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
36.29
2,377
13,377
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
9.32
-11,000
331,000
-%
Feb 15, 2024
Baker Avenue Asset Management, LP
sold off
-100
-837
-
-%
Feb 15, 2024
LifePro Asset Management
added
13.57
15,887
2,810,430
2.17%
Feb 15, 2024
CASTLEARK MANAGEMENT LLC
sold off
-100
-7,143,440
-
-%
Feb 15, 2024
JANE STREET GROUP, LLC
added
34.6
191,371
1,188,520
-%
Feb 15, 2024
Farther Finance Advisors, LLC
new
-
468
468
-%
Feb 15, 2024
BARCLAYS PLC
added
232
1,392,000
2,109,000
-%
Feb 15, 2024
Legal & General Group Plc
unchanged
-
-165,046
1,277,330
-%
Feb 14, 2024
Ameritas Investment Partners, Inc.
unchanged
-
-16,992
131,482
-%

1–10 of 45

Are Funds Buying or Selling DO?

Are funds buying DO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DO
No. of Funds

Unveiling Diamond Offshore Drilling Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.82%
5,953,262
SC 13G/A
Feb 13, 2024
kgh ltd
6.7%
6,887,848
SC 13G/A
Feb 12, 2024
contrarius investment management ltd
1.9%
1,918,894
SC 13G/A
Feb 09, 2024
capital research global investors
5.7%
5,845,250
SC 13G
Feb 09, 2024
capital world investors
0.4%
392,012
SC 13G/A
Feb 08, 2024
wellington management group llp
3.95%
4,045,884
SC 13G/A
Jan 25, 2024
blackrock inc.
8.3%
8,461,107
SC 13G/A
Jul 12, 2023
kgh ltd
7.5%
7,553,202
SC 13G/A
Feb 14, 2023
kgh ltd
7.1%
7,249,478
SC 13G/A
Feb 13, 2023
capital world investors
5.2%
5,273,358
SC 13G

Recent SEC filings of Diamond Offshore Drilling Inc

View All Filings
Date Filed Form Type Document
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
8-K
Current Report
Feb 08, 2024
SC 13G/A
Major Ownership Report
Feb 05, 2024
8-K
Current Report
Jan 25, 2024
SC 13G/A
Major Ownership Report
Jan 19, 2024
4
Insider Trading

Diamond Offshore Drilling Inc News

Latest updates
InvestorsObserver22 Feb 202405:22 pm
Yahoo Finance14 Feb 202408:00 am
Investor's Business Daily6 months ago

Diamond Offshore Drilling Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-13.0%244,958,000281,563,000232,021,000223,264,000226,073,000205,702,000186,239,000227,278,000213,877,000114,911,000169,379,000134,817,000168,057,000138,257,000198,203,000229,170,000276,376,000254,020,000216,706,000233,542,000232,522,000
Costs and Expenses-10.0%244,095,000271,323,000236,981,000235,455,000233,648,000215,465,000220,155,000354,574,000210,613,000142,059,000496,438,000432,028,000302,061,000227,475,000281,685,0001,075,607,000325,245,000326,854,000328,206,000282,669,000269,799,000
  S&GA Expenses-1.0%16,649,00016,824,00019,585,00017,391,00016,320,00019,753,00016,732,00016,301,00020,976,00016,217,00015,036,00012,366,00012,098,00012,781,00015,701,00016,345,00016,442,00018,830,00015,294,00017,312,00015,294,000
EBITDA Margin8.5%-0.02-0.02-0.04-0.08-0.21-0.20-0.25-2.92-3.66-4.21-4.17-1.13-1.68--------
Interest Expenses8.0%13,774,00012,755,00012,040,00011,631,00010,364,00010,103,0008,325,0009,306,0009,777,0007,097,00034,827,00032,562,000-167,00098,00010,333,00032,321,00030,650,00031,098,00031,159,00029,925,00031,044,000
Income Taxes151.6%125,436,000-243,125,000-25,645,00025,664,000-23,029,0003,623,000-8,653,000-13,563,000-2,086,00017,303,000-39,404,000-2,200,000-1,433,00095,000-3,949,000-15,899,000-5,902,000-7,482,000-27,354,000-4,062,00012,904,000
Earnings Before Taxes-350.9%-19,580,000-4,342,000-18,416,000-26,774,000-17,519,000-18,306,000-43,007,000-138,432,000-7,268,000-29,990,000-2,001,393,000-363,881,000-150,971,000-98,511,000-148,769,000-877,839,000-80,672,000-102,610,000-141,342,000-77,390,000-66,303,000
EBT Margin-1.1%-0.07-0.07-0.09-0.13-0.26-0.25-0.29-3.00-3.80-4.34-4.28-1.19-1.74--------
Net Income-160.7%-145,016,000238,783,0007,229,000-52,438,0005,510,000-21,929,000-34,354,0001,033,469,500-5,182,000-47,293,000-1,961,989,000-361,681,000-149,538,000-98,606,000-144,820,000-861,940,000-74,770,000-95,128,000-113,988,000-73,328,000-79,207,000
Net Income Margin-76.1%0.050.21-0.07-0.121.161.171.28-1.35-3.75-4.29-4.21-1.18-1.71--------
Free Cashflow-196.3%-31,463,000-10,620,000-37,590,00013,424,000-21,425,000-32,170,000-10,988,00054,908,00011,196,000-90,012,000-149,183,000-89,825,000-25,968,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.0%1,8061,7881,5111,5281,5241,5151,5131,5311,6921,7651,7234,6794,9485,1025,2815,3785,8345,8715,9776,1126,036
  Current Assets25.4%481384285318301275255272285333304582625652785844477514591733786
    Cash Equivalents394.6%14730.0019.0063.0023.0043.0054.0038.0027.0026.0080.00311406423486499156209148123154
  Net PPE--------1,176---3,9004,1234,2434,2864,3305,1535,1515,1645,1715,184
Liabilities19.2%1,019855820848794791775764804877-1,9212,9662,9802,9933,0072,6022,5662,5782,6012,451
  Current Liabilities1.7%2612572592622312382342332152612267762011881972,684303279269273237
  Long Term Debt46.3%535366346361336306286266306316286-----1,9761,9751,9751,9741,974
    LT Debt, Current------------442---2,412-----
    LT Debt, Non Current46.3%535366346361336306286266306316286-----1,9761,9751,9751,9741,974
Shareholder's Equity-15.6%7879336916807307247387688888899351,6211,9832,1322,2312,3713,2323,3053,3993,5123,585
  Retained Earnings-419.8%-179-34.54-273-280-228-233-211-177-52.47-47.29--2041573074055501,4121,4871,5821,6961,769
  Additional Paid-In Capital0.3%975972969964962958950945940936-2,0302,0302,0302,0302,0262,0242,0232,0212,0202,018
Shares Outstanding0.6%102102101101100100100100100100100138138--------
Float------595--------17.00---573--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-50.0%9,46218,920-8,17730,794-11,125-19,8639,05859,87525,068-66,039-100,064-49,208939-25,29355,574-22,84123,300-11,528-5,5452,86243,302
  Share Based Compensation-22.1%2,8593,6684,4143,6883,8138,1274,5314,9444,6881,134---1.004,0931,5431,6751,5771,5421,4142,713
Cashflow From Investing-35.4%-40,416-29,855-28,750-15,602-10,227-11,564-15,001-4,874-13,105-23,780-41,635-33,217-18,952-37,716-43,310-70,302-76,15173,15130,224-34,093-85,665
Cashflow From Financing1073.9%159,36713,576-19,07920,90024,97016,07816,187-43,834-13,77127,760-173,252-2,290---436,000---10.00-2.00-5,417

DO Income Statement

2023-06-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Total revenues$ 281,563$ 205,702$ 513,584$ 391,941
Operating expenses:    
Depreciation27,90625,69355,81252,645
General and administrative16,82419,75336,40936,485
Gain on disposition of assets(1,933)(685)(3,146)(4,729)
Total operating expenses271,323215,465508,303435,620
Operating income (loss)10,240(9,763)5,281(43,679)
Other income (expense):    
Interest income50121
Interest expense, net of amounts capitalized(12,755)(10,103)(24,795)(18,428)
Foreign currency transaction (loss) gain(1,968)1,607(3,239)(522)
Other, net136(47)(17)1,315
Loss before income tax benefit (expense)(4,342)(18,306)(22,758)(61,313)
Income tax benefit (expense)243,125(3,623)268,7705,030
Net income (loss)$ 238,783$ (21,929)$ 246,012$ (56,283)
Earnings (loss) per share, Basic$ 2.35$ (0.22)$ 2.43$ (0.56)
Earnings (loss) per share, Diluted$ 2.29$ (0.22)$ 2.36$ (0.56)
Weighted-average shares outstanding, Basic101,487100,108101,409100,092
Weighted-average shares outstanding, Diluted104,236100,108104,091100,092
Contract Drilling [Member]    
Revenues:    
Total revenues$ 264,990$ 176,879$ 479,373$ 327,131
Operating expenses:    
Contract drilling, excluding depreciation212,947142,150386,436287,052
Reimbursable Expenses [Member]    
Revenues:    
Total revenues16,57328,82334,21164,810
Operating expenses:    
Contract drilling, excluding depreciation$ 15,579$ 28,554$ 32,792$ 64,167

DO Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 29,685$ 63,041
Restricted cash14,28434,293
Accounts receivable206,810177,675
Less: allowance for credit losses(5,730)(5,622)
Accounts receivable, net201,080172,053
Prepaid expenses and other current assets137,47348,695
Asset held for sale1,0000
Total current assets383,522318,082
Drilling and other property and equipment, net of accumulated depreciation1,138,5441,141,908
Other assets265,70467,966
Total assets1,787,7701,527,956
Current liabilities:  
Accounts payable47,45947,647
Accrued liabilities167,043166,785
Taxes payable27,17030,264
Current finance lease liabilities15,35616,965
Total current liabilities257,028261,661
Long-term debt365,859360,644
Noncurrent finance lease liabilities122,499131,393
Deferred tax liability705700
Other liabilities108,75393,888
Commitments and contingencies (Note 7)
Total liabilities854,844848,286
Stockholders’ equity:  
Preferred stock (par value $0.0001, 50,000 shares authorized, none issued and outstanding at June 30, 2023 and December 31, 2022)00
Common stock (par value $0.0001, 750,000 shares authorized; 102,287 shares issued and 101,667 shares outstanding at June 30, 2023 and 101,884 shares issued and 101,320 shares outstanding at December 31, 2022)1010
Additional paid-in capital972,445964,467
Treasury stock(4,986)(4,252)
Accumulated deficit(34,543)(280,555)
Total stockholders’ equity932,926679,670
Total liabilities and stockholders’ equity$ 1,787,770$ 1,527,956
DO
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. The company was founded in 1953 and is headquartered in Houston, Texas.
 CEO
 WEBSITEwww.diamondoffshore.com
 EMPLOYEES2100

Diamond Offshore Drilling Inc Frequently Asked Questions


What is the ticker symbol for Diamond Offshore Drilling Inc? What does DO stand for in stocks?

DO is the stock ticker symbol of Diamond Offshore Drilling Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Diamond Offshore Drilling Inc (DO)?

As of Fri Feb 23 2024, market cap of Diamond Offshore Drilling Inc is 1.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DO stock?

You can check DO's fair value in chart for subscribers.

What is the fair value of DO stock?

You can check DO's fair value in chart for subscribers. The fair value of Diamond Offshore Drilling Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Diamond Offshore Drilling Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Diamond Offshore Drilling Inc a good stock to buy?

The fair value guage provides a quick view whether DO is over valued or under valued. Whether Diamond Offshore Drilling Inc is cheap or expensive depends on the assumptions which impact Diamond Offshore Drilling Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DO.

What is Diamond Offshore Drilling Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Feb 23 2024, DO's PE ratio (Price to Earnings) is 25.41 and Price to Sales (PS) ratio is 1.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Diamond Offshore Drilling Inc's stock?

In the past 10 years, Diamond Offshore Drilling Inc has provided -0.128 (multiply by 100 for percentage) rate of return.