Oil and Gas
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Diamond Offshore Drilling, Inc. engages in offshore drilling, which provides contract drilling services to the energy industry around the globe. The company's fleet of offshore drilling rigs consists of drillships and semisubmersibles. Read More The company was founded on April 12, 1989 and is headquartered in Houston, TX.
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Oil and Gas
Seeking AlphaMay 18
Diamond Offshore: A Few Good Signs, But Company Continues To Struggle
On Monday, April 29, 2019, offshore drilling contractor Diamond Offshore Drilling, Inc. (DO) announced its first quarter 2019 earnings results. At first glance, these results were quite good as the company managed to beat the expectations of its analysts on both the top- and bottom-lines. The market was certainly not particularly impressed with these results, though, as the stock traded down on the news. This is likely due to the fact that the company clearly continues to struggle in the current industry cl...
Simply Wall StMay 8
Is Diamond Offshore Drilling, Inc. (NYSE:DO) A Financially Sound Company?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Diamond Offshore Drilling, Inc. (NYSE:DO) is a small-cap stock with a market capitalization of US$1.2b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. Why is it important? Given that DO is not presently profitable, ...
Expected Jul 29, Pre-Market