DO stock icon

Diamond Offshore Drilling
DO

$16.24
1.06%

Market Cap: 1.67B

 

About: Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a fleet of offshore drilling rigs, semisubmersibles, and dynamically positioned drillships. It provides services geographically in the United States, Senegal, the United Kingdom, Australia, and Brazil.

Employees: 2,140

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

706% more call options, than puts

Call options by funds: $37.2M | Put options by funds: $4.62M

8% more capital invested

Capital invested by funds: $1.21B [Q4 2023] → $1.3B (+$95.3M) [Q1 2024]

2.04% more ownership

Funds ownership: 67.83% [Q4 2023] → 69.87% (+2.04%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 6 (+0) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 60

3% less funds holding

Funds holding: 183 [Q4 2023] → 178 (-5) [Q1 2024]

13% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 38

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$21
29%
upside
Avg. target
$22
32%
upside
High target
$22
35%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Barclays
Eddie Kim
35%upside
$22
Overweight
Maintained
10 May 2024
Barclays
David Anderson
29%upside
$21
Overweight
Maintained
5 Mar 2024

Financial journalist opinion

Based on 4 articles about DO published over the past 30 days