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Diamond Offshore Drilling's (DO) excellent financial health will likely support growth projects. However, decreasing revenues of the company are concerning.
Diamond Offshore Drilling, Inc. is an offshore drilling contractor. The company is headquartered in Katy, Texas, United States, and has major offices in Australia, Brazil, Mexico, Scotland, Singapore, and Norway. [1] It operates 15 drilling rigs including 11 semi-submersible platforms and 4 drillships. [1]
Diamond Offshore Drilling Inc filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had retained restructuring advisers. The ...
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving ...
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We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 ...
Diamond Offshore's (DO) first-quarter results were aided by higher floater utilization. However, it was partially offset by lower revenues from the Contract Drilling segment.
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