Diamond Offshore Drilling Monthly Analysis (March 2026)

Diamond Offshore Dri...

NYSE:DO

$ 13,99

$0,00 (0,00%)

13,99 $

$0,00 (0,00%)

End-of-day quote: 09/04/2024

Diamond Offshore Drilling Stock Value

Analysts currently see NYSE:DO at the level of sf_Data Unavailable.

Diamond Offshore Drilling Company Info

EPS Growth 5Y

0,00%

Market Cap

$1,53 B

Long-Term Debt

$0,04 B

Short Interest

3,76%

Annual earnings

N/A

Dividend

$0,00

Dividend Yield

0,00%

Founded

1953

Industry

Energy

Country

United States

ISIN Number

US25271C2017

Website

http://www.diamondoffshore.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

There are currently no price targets available for this stock.

In the last five quarters, Diamond Offshore Drilling’s Price Target has risen from $19,60 to $19,60 - a 0,00% increase. Three analysts predict that Diamond Offshore Drilling’s share price will fall in the coming year, reaching $0,00. This would represent a decrease of -100,00%.

Top growth stocks in the energy sector (5Y.)

What does Diamond Offshore Drilling do?

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry around the globe. The company has a fleet of 13 offshore drilling rigs, consisting of four owned drillships, seven owned semisubmersible rigs and two managed rigs. Fleet The company’s fleet enables it to offer services in the floater market on a worldwide basis. This asset class includes semisubmersible rigs and self-propelled drillships. Markets The principal markets for the company’s offshore contrac...

Fleet

The company’s fleet enables it to offer services in the floater market on a worldwide basis. This asset class includes semisubmersible rigs and self-propelled drillships.

Markets

The principal markets for the company’s offshore contract drilling services are the Gulf of Mexico, including the United States, or U.S., and Mexico; Canada; South America, principally offshore Brazil; Australia and Southeast Asia; Europe, principally offshore the United Kingdom, or U.K.; East and West Africa; and the Mediterranean. The company actively markets its rigs worldwide. From time to time, the company’s fleet operates in various other markets throughout the world.

Offshore Contract Drilling Services

The company’s contracts to provide offshore drilling services vary in their terms and provisions. The company’s drilling contracts generally provide for a basic dayrate regardless of whether or not drilling results in a productive well. Drilling contracts generally also provide for reductions in rates during periods when the rig is being moved or when drilling operations are interrupted or restricted by equipment breakdowns, adverse weather conditions or other circumstances.

Rig Management and Marketing Services

In 2021, the company entered into an arrangement with an offshore drilling company whereby it would provide management and marketing services (or the MMSA) for certain of their rigs. The MMSA provided for a daily fixed fee based on status of the drilling rig, marketing fees based on a percentage of the earned dayrate of a drilling contract secured by it on behalf of the rig owner, a variable management fee and reimbursement of direct cost incurred.

The company may enter certain drilling contracts directly with a customer. The marketing arrangement for both rigs was terminated in 2023, and the charter agreement for the West Auriga was terminated in 2024. The West Auriga is expected to be returned to the rig owner upon completion of its drilling contract during first quarter of 2024.

Customers

The company provides offshore drilling services to a customer base that includes major and independent oil and gas companies and government-owned oil companies. For the year ended December 31, 2023, the company’s customers included BP, Woodside, and Oxy.

History

Diamond Offshore Drilling, Inc. was founded in 1953. The company was incorporated in Delaware in 1989.

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Diamond Offshore Drilling Stock Value

Diamond Offshore Drilling Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Diamond Offshore Drilling do?

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Diamond Offshore Drilling Stock Value

Diamond Offshore Drilling Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Diamond Offshore Drilling do?

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.