Diamond Offshore Drilling Price, Forecast, Insider, Ratings, Fundamentals & Signals

Secured $731 million in contract awards year to date, including $713 million in q1 total backlog was $1.9 billion as of april 1, 2024 ocean greatwhite repairs progressing well; expected back on location in the first half of june secured marketing rights for 3 high-specification 7th generation drillships houston , may 7, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today reported the following results for the first quarter of 2024: three months ended thousands of dollars, except per share data march 31, 2024 december 31, 2023 total revenues $ 274,610 $ 297,637 operating income 21,813 44,915 net income (loss) 11,612 (145,702) income (loss) per diluted share 0.11 (1.42) adjusted operating income 31,813 44,915 adjusted ebitda (1) 64,163 72,340 adjusted net income (loss) 25,434 (145,702) adjusted income (loss) per diluted share 0...

Houston , april 17, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) announced today that it will release its first quarter 2024 operating results on tuesday, may 7, 2024 after the market closes. the company has scheduled a conference call and webcast for wednesday, may 8, 2024 at 8:00 a.m.

Houston , march 3, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today announced that it has executed a two-year contract extension with a subsidiary of bp in the u.s. gulf of mexico for the ocean blackhornet, commencing in february 2025 in direct continuation of the rig's current contract.  this contract extension represents approximately $350 million dollars of additional backlog.

$362 million in contract awards year to date 2024 $245 million in total backlog added in q4 rig performance bonus earned in senegal ocean blackhawk and ocean courage commenced new contracts in q4 houston, feb. 27, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today reported the following results for the fourth quarter of 2023: three months ended thousands of dollars, except per share data december 31, 2023 september 30, 2023 total revenues $ 297,637 $ 244,958 operating income 44,915 863 adjusted ebitda 72,340 27,693 net loss (145,702) (145,016) adjusted net loss (145,702) (138,792) loss per diluted share $ (1.42) $ (1.42) adjusted loss per diluted share $ (1.42) $ (1.36) bernie wolford, jr...

Houston , feb. 8, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today announced that it has executed a two-year contract extension with a subsidiary of bp in the u.s. gulf of mexico for the ocean blacklion, commencing in september 2024 in direct continuation of the rig's current contract. this contract extension represents approximately $350 million dollars of additional backlog.

HOUSTON , April 17, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its first quarter 2024 operating results on Tuesday, May 7, 2024 after the market closes. The Company has scheduled a conference call and webcast for Wednesday, May 8, 2024 at 8:00 a.m.

Diamond Offshore (DO) wins a two-year contract extension with a subsidiary of BP plc in the U.S. Gulf of Mexico, representing $350 million of additional backlog.

Diamond Offshore (DO) secures a new contract with Serica Energy in the U.K. North Sea and a contract extension with a BP subsidiary in the U.S. Gulf of Mexico.

HOUSTON , Feb. 6, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its fourth quarter 2023 operating results on Tuesday, February 27, 2024 after the market closes. The Company has scheduled a conference call and webcast for Wednesday, February 28, 2024 at 8:00 a.m.

Diamond Offshore Drilling reported better-than-expected third quarter results with revenues and adjusted EBITDA coming in well above expectations. As a result, the company raised full-year guidance. While the company intends to return capital to shareholders, it will take more time until free cash generation becomes sufficient for the initiation of a dividend and/or a share repurchase program. 2024 should benefit from a much lower number of shipyard days and a resulting decrease in offhire time and capital expenditures.

HOUSTON , Aug. 24, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Bernie Wolford, Jr., President and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York, New York on Wednesday, September 6, 2023 and at the Pareto Securities' Energy Conference in Oslo, Norway on Wednesday, September 20, 2023. Dominic Savarino, Senior Vice President and Chief Financial Officer, is scheduled to present at the Pickering Energy Partners' TE&MFest (Technology, Energy, and Mobility) Conference in Austin, Texas on Thursday, September 21, 2023.

Diamond Offshore Drilling Inc. has promising earnings projections, with a projected p/e of just 11 in 2024. Oil and natural gas are expected to remain significant players in the global energy mix, despite the rise of renewables. DO is well-positioned to benefit from the high demand for oil, with strong earnings potential and contracts worth $212 million.

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HOUSTON , July 18, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its second quarter 2023 operating results on Monday, August 7, 2023 after the market closes. The Company has scheduled a conference call and webcast for Tuesday, August 8, 2023 at 8:00 a.m.

Given economic uncertainty and volatility in energy markets, I believe cautious oilfield services investors will want to avoid the highest risk investments in the sector. 58 oilfield services providers were screened for profitability based on net income margin; 26 were not profitable over the previous twelve months.