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Diamond Offshore Drilling Inc (DO.N)

DO.N on New York Stock Exchange

19.76USD
17 Jan 2018
Change (% chg)

$0.49 (+2.54%)
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$19.27
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Volume
475,940
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$20.41
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Latest Key Developments (Source: Significant Developments)

Diamond Offshore Drilling Says Co And Petrobras Agreed To Settle Lawsuit And Amend Ocean Valor Drilling Contract
Thursday, 4 Jan 2018 04:53pm EST 

Jan 4 (Reuters) - Diamond Offshore Drilling Inc ::DIAMOND OFFSHORE DRILLING INC SAYS THE CO AND PETROBRAS AGREED TO SETTLE LAWSUIT AND AMEND OCEAN VALOR DRILLING CONTRACT.DIAMOND OFFSHORE DRILLING SAYS ITS FINANCIAL RESULTS FOR QUARTERLY PERIOD ENDING DEC 31, 2017 WILL INCLUDE A ONE-TIME CHARGE OF ABOUT $20 MILLION.  Full Article

Diamond Offshore CFO Kelly Youngblood To Resign
Monday, 27 Nov 2017 06:30am EST 

Nov 27 (Reuters) - Diamond Offshore Drilling Inc ::DIAMOND OFFSHORE DRILLING - ‍ON NOV 20, CFO KELLY YOUNGBLOOD NOTIFIED COMPANY OF HIS INTENTION TO RESIGN.DIAMOND OFFSHORE DRILLING INC SAYS IT IS CONDUCTING A SEARCH FOR YOUNGBLOOD'S REPLACEMENT​.DIAMOND OFFSHORE DRILLING INC- ‍ON NOV 20, APPOINTED SCOTT KORNBLAU, VICE PRESIDENT AND TREASURER, TO SERVE AS ACTING CFO.  Full Article

Diamond Offshore Drilling reports Q3 earnings per share of $0.08
Monday, 30 Oct 2017 06:00am EDT 

Oct 30 (Reuters) - Diamond Offshore Drilling Inc :Diamond Offshore announces third quarter 2017 results.Q3 earnings per share $0.08.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Diamond Offshore Drilling Inc- ‍as of September 30, 2017, company's total contracted backlog was $2.6 billion​.Diamond Offshore Drilling Inc - qtrly total revenues $366 million versus $349.2 million ‍​.Diamond Offshore Drilling Inc - qtrly adjusted earnings per share $0.25‍​.Q3 revenue view $365.0 million -- Thomson Reuters I/B/E/S.  Full Article

Diamond Offshore reports pricing of senior notes
Tuesday, 1 Aug 2017 06:01pm EDT 

Aug 1 (Reuters) - Diamond Offshore Drilling Inc ::Diamond Offshore announces pricing of senior notes.Diamond Offshore Drilling Inc - ‍priced a public offering of $500 million aggregate principal amount of its 7.875 pct senior notes due 2025​.  Full Article

Diamond Offshore announces public debt offering
Monday, 31 Jul 2017 10:06am EDT 

July 31 (Reuters) - Diamond Offshore Drilling Inc ::Diamond Offshore announces public debt offering.Intends to offer senior unsecured notes​.To use net proceeds from sale of notes, cash on hand, to fund redemption of outstanding 5.875 pct senior notes due 2019​.  Full Article

Diamond Offshore reports Q2 earnings per share $0.12
Monday, 31 Jul 2017 06:00am EDT 

July 31 (Reuters) - Diamond Offshore Drilling Inc ::Diamond offshore announces second quarter 2017 results.Q2 adjusted earnings per share $0.45.Q2 earnings per share $0.12.Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Q2 total revenues $399.2 million versus $388.7 million.Results for Q2 were impacted by impairment charges and related taxes of $46 million or $0.33 per diluted share.As of June 30, 2017, company's total contracted backlog was $2.9 billion.  Full Article

Diamond Offshore reports Q1 EPS $0.17
Monday, 1 May 2017 06:00am EDT 

May 1 (Reuters) - Diamond Offshore Drilling Inc :Diamond Offshore announces first quarter 2017 results.Q1 earnings per share $0.17.As of March 31, 2017, company's total contracted backlog was $3.2 billion, which represents 23 rig years of work.Qtrly total revenues $ 374.2 million versus $ 470.5 million.During quarter, company executed new contracts for Ocean Monarch in Australia, first of which is scheduled to commence in late Q1 of 2018.Q1 earnings per share view $0.12, revenue view $363.5 million -- Thomson Reuters I/B/E/S.  Full Article

Diamond Offshore announces tax expense adjustment to Q4, FY16 earnings
Monday, 13 Feb 2017 06:08am EST 

Diamond Offshore Drilling Inc - : Diamond Offshore announces tax expense adjustment to fourth quarter and full year 2016 earnings . Has revised its previously-announced earnings for quarter and year ended December 31, 2016 . Net loss for full year 2016 declined by approximately $43 million, or $0.31 per diluted share . Tax liability reflected in "other liabilities" on its consolidated balance sheet was reduced by approximately $43 million .Net income for Q4 of 2016 increased by approximately $43 million, or approximately $0.32 per diluted share.  Full Article

Diamond Offshore Drilling sees recovery when oil "well over $60"
Monday, 6 Feb 2017 12:25pm EST 

Diamond Offshore Drilling Inc : Sees q1 revenue to be flat from q4 revenue of 2016 - conf call .Says oil prices need to be well over $60 for any appreciable change in offshore demand - conf call.  Full Article

Diamond Offshore Drilling sees recovery in either 2019 or 2020 - Conf call
Monday, 6 Feb 2017 12:24pm EST 

Diamond Offshore Drilling -Inc : Diamond Offshore Drilling - not anticipating material changes to base cost trend in the coming quarters - conf call . Diamond Offshore Drilling -says expects "a recovery either in 2019 or 2020" - conf call . Diamond Offshore Drilling says pricing pressure will continue to "remain out there for a period of time" - conf call . Diamond Offshore Drilling - says will continue to see fixtures awarded at what is "essentially close to break even" - conf call . Diamond Offshore Drilling - "can't say at this moment of time that we are seeing an relief in pressure from a pricing perspective" - conf call .Diamond Offshore Drilling - "despite some stabilization in the price of oil, we have yet to see a floor in the declining demand of deepwater assets".  Full Article

Wall St Week Ahead-U.S. fund managers expect value stocks to jump in 2018

NEW YORK, Jan 5 Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year.