Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $29.82 USD
Change Today -0.58 / -1.91%
Volume 2.0M
DO On Other Exchanges
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

diamond offshore drilling (DO) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/30/14 - $52.65
52 Week Low
03/13/15 - $26.02
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

diamond offshore drilling (DO) Related Businessweek News

No Related Businessweek News Found

diamond offshore drilling (DO) Details

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company provides services in floater market, such as ultra-deepwater, deepwater, and mid-water; and non-floater or jack-up market. It operates a fleet of 38 offshore drilling rigs, which comprise 27 semisubmersibles, including 1 under construction; 6 jack-ups; and 5 dynamically positioned drillships, including 1 under construction. Diamond Offshore Drilling, Inc. serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation.

5,200 Employees
Last Reported Date: 02/23/15
Founded in 1989

diamond offshore drilling (DO) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $833.3K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $440.4K
Senior Vice President of Worldwide Operations
Total Annual Compensation: $452.8K
Executive Vice President
Total Annual Compensation: $572.4K
Chief Accounting Officer and Controller
Total Annual Compensation: $257.6K
Compensation as of Fiscal Year 2014.

diamond offshore drilling (DO) Key Developments

Diamond Offshore Drilling, Inc. Announces the Retirement of John M. Vecchio as Executive Vice President, Effective on April 30, 2015

On March 30, 2015, Diamond Offshore Drilling, Inc. announced that John M. Vecchio, Executive Vice President of the company, notified the company of his retirement from the Company, to be effective on April 30, 2015.

Diamond Offshore Drilling Announces Termination of Contracts

Diamond Offshore Drilling announced according to the filing, Petrobras (PBR) notified Diamond that it has a right to terminate the drilling contract on the Ocean Baroness and has verbally informed the company that it does not intend to continue to use the rig. Diamond said it is currently in discussions with Petrobras regarding the rig. In addition, Mexico's PEMEX has also verbally informed the company of its intention to terminate its drilling contracts on the Ocean Ambassador, the Ocean Nugget and the Ocean Summit, and to cancel its drilling contract on the Ocean Lexington. Diamond said it has not received written notice of termination or cancellation, but that it is 'in discussions' with PEMEX regarding the rigs. The company also said its subsidiary received notice of termination of its drilling contract from Dana Petroleum (E&P) Limited, the customer for its Ocean Nomad vessel. The drilling contract was estimated to conclude in accordance with its terms in August 2015. Diamond said it does not believe that Dana had a valid basis for terminating the contract, and that it intends to defend its rights under the contract.

Diamond Offshore Drilling, Inc. Presents at Credit Suisse Energy Summit 2015, Feb-23-2015

Diamond Offshore Drilling, Inc. Presents at Credit Suisse Energy Summit 2015, Feb-23-2015 . Venue: Vail Cascade Resort & Spa, 1300 Westhaven Drive, Vail, Colorado, United States. Speakers: Gary T. Krenek, Chief Financial Officer and Senior Vice President.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DO:US $29.82 USD -0.58

DO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Noble Corp plc $15.67 USD -0.40
Oceaneering International Inc $54.10 USD -1.47
Oil States International Inc $43.24 USD -0.61
Rowan Cos Plc $19.26 USD -0.28
Superior Energy Services Inc $23.61 USD -0.63
View Industry Companies

Industry Analysis


Industry Average

Valuation DO Industry Range
Price/Earnings 10.6x
Price/Sales 1.5x
Price/Book 0.9x
Price/Cash Flow 4.8x
TEV/Sales 0.6x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DIAMOND OFFSHORE DRILLING, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at