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Diamond Offshore Drilling Inc (DO.N)

DO.N on New York Stock Exchange

13.41USD
14 Nov 2018
Change (% chg)

$0.53 (+4.11%)
Prev Close
$12.88
Open
$13.35
Day's High
$13.58
Day's Low
$12.81
Volume
667,715
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402,730
52-wk High
$21.91
52-wk Low
$12.81

Latest Key Developments (Source: Significant Developments)

Diamond Offshore Drilling Says Co & Co's Unit Entered Into Senior 5-Year Revolving Credit Agreement
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Diamond Offshore Drilling Inc ::DIAMOND OFFSHORE DRILLING SAYS ON OCT 2, CO & CO'S UNIT ENTERED INTO SENIOR 5-YEAR REVOLVING CREDIT AGREEMENT- SEC FILING.DIAMOND OFFSHORE DRILLING - MAXIMUM AMOUNT OF BORROWINGS AVAILABLE UNDER THE NEW CREDIT AGREEMENT IS $950 MILLION.DIAMOND OFFSHORE DRILLING - SUBJECT TO CONDITIONS, CO MAY INCREASE REVOLVING COMMITMENTS UNDER NEW CREDIT AGREEMENT BY UP TO ADDITIONAL $500 MILLION.DIAMOND OFFSHORE DRILLING INC - NEW CREDIT AGREEMENT MATURES ON OCTOBER 2, 2023.  Full Article

Loews Sets Quarterly Dividend Of $0.0625Per Share
Tuesday, 7 Aug 2018 

Loews Corp ::SETS QUARTERLY DIVIDEND OF $0.0625PER SHARE.  Full Article

Diamond Offshore CEO Sees Some More Consolidation In The Industry- Conf Call
Monday, 30 Jul 2018 

July 30 (Reuters) - Diamond Offshore Drilling Inc ::CEO SAYS MARKET REMAINS CHALLENGED BUT BEGINNING TO SEE SOME IMPROVEMENTS - CONF CALL.EXPECTS Q3 CONTRACT DRILLING EXPENSE TO COME IN BETWEEN $210 MILLION AND $215 MILLION- CONF CALL.CEO SEES SOME MORE CONSOLIDATION IN THE INDUSTRY- CONF CALL.  Full Article

Diamond Offshore CEO Says Will Commence Blockchain Service In Q4 - Conf Call
Monday, 30 Jul 2018 

July 30 (Reuters) - Diamond Offshore Drilling Inc ::CEO SAYS SEEING SLIGHT PRICING INCREASES IN CERTAIN MARKETS (NOT ALL MARKETS)- CONF CALL.CEO SAYS WILL COMMENCE BLOCKCHAIN SERVICE IN Q4 - CONF CALL.  Full Article

Loews Q2 Earnings Per Share $0.72
Monday, 30 Jul 2018 

July 30 (Reuters) - Loews Corp ::ORATION REPORTS NET INCOME OF $230 MILLION FOR THE SECOND QUARTER OF 2018.Q2 EARNINGS PER SHARE $0.72.BOOK VALUE PER SHARE INCREASED TO $59.72 AT JUNE 30, 2018.QTRLY TOTAL REVENUE $3,590 MILLION VERSUS $3,359 MILLION.  Full Article

Diamond Offshore Drilling Q2 Adjusted Loss Per Share $0.33
Monday, 30 Jul 2018 

July 30 (Reuters) - Diamond Offshore Drilling Inc ::DIAMOND OFFSHORE ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED LOSS PER SHARE $0.33.Q2 LOSS PER SHARE $0.50.Q2 EARNINGS PER SHARE VIEW $-0.38 -- THOMSON REUTERS I/B/E/S.AS OF JULY 1, 2018, COMPANY'S TOTAL CONTRACTED BACKLOG WAS $2.2 BILLION, WHICH REPRESENTS 23 RIG YEARS OF WORK.QTRLY TOTAL REVENUE $268.9 MILLION VERSUS $399.3 MILLION REPORTED LAST YEAR.Q2 REVENUE VIEW $279.6 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Diamond Offshore Appoints Scott Kornblau As Senior VP And CFO
Monday, 2 Jul 2018 

July 2 (Reuters) - Diamond Offshore Drilling Inc ::DIAMOND OFFSHORE APPOINTS SCOTT KORNBLAU AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.DIAMOND OFFSHORE DRILLING INC - MOST RECENTLY, KORNBLAU HELD ACTING CFO ROLE IN ADDITION TO HIS VICE PRESIDENT AND TREASURER POSITION AT COMPANY.  Full Article

Shelf Drilling to acquire one rig from Diamond Offshore
Monday, 2 Jul 2018 

July 2 (Reuters) - Shelf Drilling ::ENTERED INTO DEFINITIVE AGREEMENT WITH SUBSIDIARIES OF DIAMOND OFFSHORE TO PURCHASE OCEAN SCEPTER JACK-UP DRILLING RIG.TOTAL COST FOR RIG IS EXPECTED TO BE APPROXIMATELY US$90 MILLION.UPON DELIVERY THE RIG WILL BE MOBILIZED FROM US GULF OF MEXICO TO THE MIDDLE EAST.WILL FINANCE ACQUISITION WITH PROCEEDS FROM INITIAL PUBLIC OFFERING (IPO) COMPLETED EARLIER IN JUNE, AND CASH ON HAND.  Full Article

Diamond Offshore CEO Says Floater Category Still Facing Many Headwinds
Monday, 30 Apr 2018 

April 30 (Reuters) - Diamond Offshore Drilling Inc ::CEO MARC EDWARDS - FLOATER CATEGORY STILL FACING MANY HEADWINDS - CONF CALL.CEO MARC EDWARDS - ESTIMATE OPEN DEMAND OF 115 YRS IN THE NEXT 12 MNTHS, YET 169 YEARS OF AVAILABLE DP SUPPLY- CONF CALL.CEO MARC EDWARDS - STILL CAUTIOUS ON THE DP DRILLSHIP SEGMENT, BUT MAY BE CLOSE TO APPROACHING BOTTOM IN BOTH UTILIZATION AND PRICING ALIKE- CONF CALL.  Full Article

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

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 posts smaller-than-expected loss on lower costs

Diamond Offshore Drilling Inc posted a smaller-than-expected loss on Monday as its expenses fell during the quarter and the company said it has signed new contracts with oil producers Anadarko Petroleum Corp and BP Plc .