diamond offshore traces its beginnings to the earliest days of the offshore drilling industry. today, after decades of innovation and multiple company and rig acquisitions, diamond offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling.
Company profile
Ticker
DO
Exchange
Website
CEO
Marc Edwards
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DIAMOND OFFSHORE DRILLING INC
SEC CIK
Corporate docs
Subsidiaries
Diamond Foreign Asset Company • Diamond Offshore Drilling (UK) Ltd • Diamond Offshore Drilling Limited • Diamond Offshore Finance Company • Diamond Offshore General Company • Diamond Offshore International, L.L.C. • Diamond Offshore Limited • Diamond Offshore Management Company • Diamond Offshore Services, LLC • Diamond Rig Investments Limited ...
IRS number
760321760
DO stock data
Latest filings (excl ownership)
8-K
Other Events
15 Mar 24
8-K
Departure of Directors or Certain Officers
15 Mar 24
8-K
Diamond Offshore Announces New Drillship Commitment
4 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Diamond Offshore Reports Fourth Quarter 2023 Results
28 Feb 24
8-K
Diamond Offshore Announces New Floater Commitments
8 Feb 24
8-K
Other Events
5 Feb 24
8-K
Departure of Directors or Certain Officers
19 Jan 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Diamond Offshore Reports Third Quarter 2023 Results and Announces Contract Awards of $240 Million
7 Nov 23
Transcripts
DO
Earnings call transcript
2023 Q4
28 Feb 24
DO
Earnings call transcript
2023 Q3
7 Nov 23
DO
Earnings call transcript
2023 Q2
8 Aug 23
DO
Earnings call transcript
2023 Q1
9 May 23
DO
Earnings call transcript
2023 Q1
9 May 23
DO
Earnings call transcript
2022 Q4
28 Feb 23
DO
Earnings call transcript
2022 Q3
8 Nov 22
DO
Earnings call transcript
2022 Q2
10 Aug 22
DO
Earnings call transcript
2019 Q4
10 Feb 20
DO
Earnings call transcript
2019 Q3
28 Oct 19
Latest ownership filings
4
Dominic A Savarino
19 Mar 24
3
Jon L. Richards
15 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
DAVID L ROLAND
6 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
Dominic A Savarino
1 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
KGH Ltd
13 Feb 24
SC 13G/A
Contrarius Investment Management Ltd
12 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 172.38 mm | 172.38 mm | 172.38 mm | 172.38 mm | 172.38 mm | 172.38 mm |
Cash burn (monthly) | (no burn) | (no burn) | 6.53 mm | 4.54 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 38.86 mm | 27.06 mm | n/a | n/a |
Cash remaining | n/a | n/a | 133.52 mm | 145.33 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 20.5 | 32.0 | n/a | n/a |
Institutional ownership, Q3 2023
87.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 188 |
Opened positions | 43 |
Closed positions | 17 |
Increased positions | 68 |
Reduced positions | 48 |
13F shares | Current |
---|---|
Total value | 1.31 tn |
Total shares | 89.74 mm |
Total puts | 136.70 k |
Total calls | 489.50 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.71 mm | $113.16 bn |
Key | 6.49 mm | $95.34 bn |
Vanguard | 5.75 mm | $84.45 bn |
Contrarius Investment Management | 5.06 mm | $74.20 bn |
Wellington Management | 4.34 mm | $63.64 bn |
Victory Capital Management | 3.35 mm | $49.11 bn |
STT State Street | 3.30 mm | $48.40 bn |
Capital Research Global Investors | 3.29 mm | $48.35 bn |
Nuveen Asset Management | 3.26 mm | $47.85 bn |
Millennium Management | 2.80 mm | $41.11 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | Dominic A Savarino | Common Stock | Sell | Dispose S | No | No | 13.16 | 13,000 | 171.08 k | 44,501 |
5 Mar 24 | Roland David L | Common Stock | Sell | Dispose S | No | No | 11.9903 | 4,700 | 56.35 k | 80,306 |
5 Mar 24 | Roland David L | Common Stock | Sell | Dispose S | No | No | 11.9901 | 300 | 3.60 k | 85,006 |
1 Mar 24 | Dominic A Savarino | Common Stock | Sell | Dispose S | No | Yes | 11.7624 | 5,106 | 60.06 k | 57,501 |
18 Jan 24 | Dominic A Savarino | Common Stock | Payment of exercise | Dispose F | No | No | 12.37 | 3,654 | 45.20 k | 62,607 |
18 Jan 24 | Dominic A Savarino | Common Stock | Option exercise | Acquire M | No | No | 0 | 12,321 | 0.00 | 66,261 |
18 Jan 24 | Dominic A Savarino | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 12,321 | 0.00 | 24,642 |
News
Barclays Maintains Overweight on Diamond Offshore Drilling, Lowers Price Target to $21
5 Mar 24
Diamond Offshore Drilling Executed A Two-Year Contract Extension With A Subsidiary Of Bp In The U.S. Gulf Of Mexico For The Ocean BlackHornet
4 Mar 24
Diamond Offshore Drilling Q4 Adj. EPS $(1.42) Down From $(0.52) YoY, Sales $297.64M Beat $291.00M Estimate
28 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24
Earnings Preview: Diamond Offshore Drilling
26 Feb 24
Press releases
DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT | DO Stock News
4 Mar 24
DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT
3 Mar 24
Diamond Offshore Reports Fourth Quarter 2023 Results
27 Feb 24
DIAMOND OFFSHORE ANNOUNCES NEW FLOATER COMMITMENTS
8 Feb 24
DIAMOND OFFSHORE TO RELEASE FOURTH QUARTER 2023 RESULTS
6 Feb 24