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Diamond Offshore Drilling (DO)

(Delayed Data from NYSE)

$13.16 USD

13.16
1,370,003

-0.42 (-3.09%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $13.16 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

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
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 23% (193 out of 252)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: CVX & HES Take Center Stage

CVX, HES, DO, TRP and EGY emerge as the energy headline makers during the week.

Diamond Offshore (DO) Secures Additional Backlog Worth $350M

Diamond Offshore (DO) wins a two-year contract extension with a subsidiary of BP plc in the U.S. Gulf of Mexico, representing $350 million of additional backlog.

Diamond Offshore (DO) Secures Rig Contracts Worth $360M

Diamond Offshore (DO) secures a new contract with Serica Energy in the U.K. North Sea and a contract extension with a BP subsidiary in the U.S. Gulf of Mexico.

Petrobras (PBR), Diamond Offshore Enter 4-Year Drilling Contract

Petrobras (PBR) and Diamond Offshore extend their offshore alliance as the Ocean Courage rig, equipped to drill in 10,000 feet of water, begins a four-year mission in Brazilian waters.

Mark Vickery headshot

Markets Up to Start Another Busy Week

With Q1 earnings season continuing to unfold favorably (for the most part), investors look to enjoy a healthy Q2, as well.

Sayantika Bhattacharya headshot

Can Offshore Drilling Industry Weather the Coronavirus Storm?

The coronavirus-triggered oil price plunge and the slowdown in business activity spark the second wave of bankruptcy for offshore drilling companies.

US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

US Oil & Gas Rig Tally at Record Low for 7 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

US Oil & Gas Rig Tally Hits Record Lows for 6 Straight Weeks

Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.

US Oil & Gas Rig Tally Hits Record Lows for 5 Straight Weeks

Explorers and producers may start adding rigs in shale plays since the energy sector is stealing the show again, with oil gradually entering the bullish territory.

US Oil & Gas Rig Tally Hits Record Lows for 4 Straight Weeks

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to worldwide social-distancing measures taken to combat the pandemic.

US Oil & Gas Rig Tally Sets Record Lows for 3 Straight Weeks

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

US Witnesses All-Time Low Oil & Gas Rig Tally for Second Week

Oil drillers in the Permian basin continue to remove rigs since the coronavirus pandemic dented global energy demand.

Why Earnings Season Could Be Great for Diamond Offshore Drilling (DO)

Diamond Offshore Drilling (DO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Diamond Offshore Drilling (DO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Diamond Offshore Drilling (DO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

US Drillers Remove Maximum Oil Rigs in More Than 5 Years

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

US Oil Rig Tally Falls to Lowest Mark in More Than 3 Years

Domestic drillers may continue to lower rigs in oil patches since global energy demand declined drastically owing to the coronavirus pandemic.

Oil Drillers Remove Rigs From Permian Basin & Eagle Ford

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

US Oil Rig Tally Declines the Most in 5 Years: Here's Why

The count of oil rigs in Permian declines for two consecutive weeks.

Nilanjan Banerjee headshot

US Oil Rig Tally Declines the Most Since April: Here's Why

The count of oil rigs in the Permian registers a decline, following five consecutive weeks of increase.

Options Traders Expect Huge Moves in Diamond Offshore Drilling (DO) Stock

Investors need to pay close attention to Diamond Offshore Drilling (DO) stock based on the movements in the options market lately.

US Oil Drillers Continue to Add Rigs Despite Weak Crude Price

The count of oil rigs in the Permian increases for five consecutive weeks.

Why Is Diamond Offshore Drilling (DO) Down 55% Since Last Earnings Report?

Diamond Offshore Drilling (DO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

US Drillers Add Rigs in Oil Plays Despite Conservative Budget

The count of oil rigs in the Permian increases for four consecutive weeks.