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Diamond Offshore Drilling Inc (DO.N)

DO.N on New York Stock Exchange

13.87USD
16 Nov 2018
Change (% chg)

$0.10 (+0.73%)
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$13.77
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Mon, Jul 30 2018

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 .

UPDATE 2-Diamond Offshore posts smaller-than-expected loss on lower costs

July 30 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.

Diamond Offshore posts second-quarter loss

July 30 Diamond Offshore Drilling Inc posted a quarterly loss compared to a year-ago profit on Monday, as contract drilling revenue fell. The rig contractor recorded a loss of $69.27 million, or 50 cents per share, in the second quarter ended June 30, compared to a profit of $15.95 million, or 12 cents per share, a year earlier.

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