DO:NYE-Diamond Offshore Drilling Inc. (USD)

EQUITY | Oil & Gas Drilling | New York Stock Exchange

Last Closing

USD 15.01

Change

-0.31 (-2.02)%

Market Cap

USD 2.34B

Volume

4.26M

Analyst Target

USD 2.67
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Diamond Offshore Drilling Inc is an offshore oil and gas drilling contractor. Its fleet offers a range of services in various markets, including the deep water, harsh environment, conventional semi submersible and jack-up markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-14 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap
NE Noble Corporation plc

-0.08 (-0.18%)

USD 6.37B
RIG Transocean Ltd

-0.02 (-0.39%)

USD 4.59B
SDRL Seadrill Limited

-0.36 (-0.74%)

USD 3.40B
HP Helmerich and Payne Inc

+0.14 (+0.41%)

USD 3.37B
BORR Borr Drilling Ltd

-0.14 (-2.20%)

USD 1.74B
PDS Precision Drilling Corporation

-0.93 (-1.38%)

USD 0.97B
NBR Nabors Industries Ltd

+0.46 (+0.69%)

USD 0.64B
ICD Independence Contract Drilling..

-0.10 (-7.09%)

USD 0.02B

ETFs Containing DO

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Drilling) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.46% 89% A- 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.46% 89% A- 86% B+
Trailing 12 Months  
Capital Gain 22.83% 89% A- 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.83% 89% A- 80% B-
Trailing 5 Years  
Capital Gain 103.11% 75% C 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 103.11% 75% C 85% B
Average Annual (5 Year Horizon)  
Capital Gain 205.10% 78% C+ 99% N/A
Dividend Return 205.10% 78% C+ 98% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 375.46% 33% F 2% F
Risk Adjusted Return 54.63% 78% C+ 76% C+
Market Capitalization 2.34B 44% F 61% D-

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Drilling) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 29.33 38% 23%
Price/Book Ratio 2.23 22% 38%
Price / Cash Flow Ratio 132.90 11% 1%
Price/Free Cash Flow Ratio 13.13 22% 30%
Management Effectiveness  
Return on Equity -5.97% 22% 19%
Return on Invested Capital 1.41% 22% 28%
Return on Assets 3.05% 33% 56%
Debt to Equity Ratio 82.73% 44% 42%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector