Diamond Offshore Drilling In: (NYSE: DO)

$68.53

0.32 (0.47%)

Volume 578,140

Jun 18 04:00 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		68.26 - 68.82
	
		52wk Low - High
		55.83 - 76.85
	
		Previous Close
		68.21
	
		Avg. Volume
		724,117
	
		Industry
		OIL & GAS-DRILLING
	
		Market Cap
		9.48 B
	
		Div - Yield
		0.50 - 0.73
	
		Beta
		0.95
	
		P/E (F1)
		14.62
	
		Current Year Est.
		4.66
	
		Quarterly Earnings ESP 
		-2.36%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

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		115 out of 265
	
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                Key Earnings Data
            
                            P/E (F1)
                            14.62
                        
                            PEG Ratio
                            0.81
                        
                            Current Year Est.
                            4.66
                        
                            Current Quarter Estimate
                            1.27
                        
                            Most Accurate Estimate
                            1.24
                        
                            Earnings ESP 
                            -2.36%
                        
                            Next Earnings Report Date
                            07-18-2013
                        
                            EPS Last Year
                            5.05
                        
                            Expected Earnings Growth
                            18.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Diamond Offshore Drilling, Inc. engages principally in the contract drilling of offshore oil and gas wells.  They are a leading deepwater drilling contractor and owns and operates one of the largest fleets of offshore drilling units in the world. Diamond Offshore operates in the waters of six of the world's seven continents, supplying comprehensive drilling services to the global energy industry.   
Full DO Company Report

 Analyst Report on DO

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            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
DO Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	1.27	0.94	4.66	7.30
Number of Estimates	17	16	17	17
Low Estimate	1.09	0.67	4.45	5.80
High Estimate	1.45	1.17	5.01	NA
Year Ago EPS	1.09	1.28	4.99	4.66
EPS Growth	16.73%	-26.46%	-6.53%	56.59%

More DO Estimates

Average Earnings Estimates for DO

EPS Growth for DO

Industry Analysis

Name	Symbol	Previous Close
DIAMOND OFFSHOR	DO	68.21
PACIFIC DRILLNG	PACD	9.60
ATWOOD OCEANICS	ATW	55.66
ENSCO PLC	ESV	59.20
HELMERICH&PAYNE	HP	63.51
HERCULES OFFSHR	HERO	7.18
NABORS IND	NBR	16.56
NEW SOURCE EGY	NSLP	20.88
NOBLE CORP	NE	38.02
OCEAN RIG UDW	ORIG	17.08

Sector:Oils-Energy>> Industry:OIL & GAS-DRILLING

COMPARE TICKER vs. Its Peers

Zacks Commentary

Loews Pinned at Neutral

Jun 14, 2013

U.S. Rig Count Falls by 6

Jun 12, 2013

U.S. Drilling Rig Count Up to 1771

Jun 05, 2013

Diamond Offshore In Twin Deals

May 30, 2013

U.S. Rig Count Falls by 7

May 29, 2013

Diamond Offshore Remains Neutral

May 28, 2013

U.S. Rig Count Holds Steady at 1769

May 22, 2013

Natural Gas Rig Count at New 18-Yr Low

May 14, 2013

More DO Zacks Commentary

Financials

EPS TTM	5.05
Sales	2,987
Net Income	711
Price/Earnings	13.51
Price/Book	2.05
Price/Cash Flow	8.68
Price/Sales	3.22

More DO Financials

News

Bottom 5 Companies in the Oil & Gas Drilling Industry with the Lowest Relative Performance (NBR, HP, ESV, NE, DO) - Financial News Network Online - News Corner

Jun 17, 2013

Diamond Offshore Drilling Crosses Above its 10-day MA (DO) - Financial News Network Online - Moving Average Crossovers

Jun 17, 2013

Watch for Shares of Diamond Offshore Drilling (DO) to Approach Resistance at $68.59 - Financial News Network Online - Pivot Alerts

Jun 17, 2013

Diamond Offshore signs submersible drilling rig agreement with HHI - Datamonitor

Jun 11, 2013

Next Support Level for Diamond Offshore Drilling (DO) is $67.67 - Financial News Network Online - Pivot Alerts

Jun 11, 2013

Patterson-UTI Energy had the Lowest Relative Performance in the Oil & Gas Drilling Industry (PTEN, NE, HERO, DO, NBR) - Financial News Network Online - News Corner

Jun 11, 2013

Brazil`s Oil Business Is Showing Signs of Life - TheMotleyFool

Jun 7, 2013

Diamond Offshore Drilling (DO) Crosses Pivot Point Resistance at $69.10 - Financial News Network Online - Pivot Alerts

Jun 7, 2013

See All News Stories on DO

Broker Recommendations

Current ABR	2.67
ABR (Last Week)	2.67
# of recs in ABR	21
Average Target Price	75.44
Industry Rank by ABR	115 out of 265
Rank in Industry	2 out of 20

More DO Broker Recommendations

Day Low - High	68.26 - 68.82
52wk Low - High	55.83 - 76.85
Previous Close	68.21
Avg. Volume	724,117
Industry	OIL & GAS-DRILLING
Market Cap	9.48 B
Div - Yield	0.50 - 0.73
Beta	0.95
P/E (F1)	14.62
Current Year Est.	4.66
Quarterly Earnings ESP	-2.36%

P/E (F1)	14.62
PEG Ratio	0.81
Current Year Est.	4.66
Current Quarter Estimate	1.27
Most Accurate Estimate	1.24
Earnings ESP	-2.36%
Next Earnings Report Date	07-18-2013
EPS Last Year	5.05
Expected Earnings Growth	18.00%

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Diamond Offshore Drilling In: (NYSE: DO)

$68.53

0.32 (0.47%)

Volume 578,140

Jun 18 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Oils-Energy>> Industry:OIL & GAS-DRILLING

Zacks Commentary

Financials

News

Broker Recommendations