Diamond Offshore Drilling, Inc. (DO) | Rumor.io

Diamond Offshore Drilling

Attention (50-day avg)0%

Attention rank (50-day avg)—

Bullish sentiment (50-day avg)—

Price to earnings ratio0

Market capitalization0

Earnings per share0

Dividend yield (TTM)—

Revenue (annual)0

Net income (annual)0

Social

What share of all stock conversation is about DO?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% new	0% new	0% 0

Jun 10

Noble Corporation is acquiring Diamond Offshore Drilling in a cash-and-stock deal worth $1.59 billion, with Diamond Offshore shareholders receiving 0.2316 Noble shares and $5.65 per share in cash for each Diamond share.
The deal is expected to close by the first quarter of 2025 and will result in Diamond Offshore shareholders owning approximately 14.5% of Noble's outstanding shares on a fully-diluted basis.
The acquisition is seen as a strategic move by Noble to expand its fleet and increase its cash flow visibility, with the combined company expected to own and operate a fleet of 41 rigs, including 28 floaters and 13 jackups.

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Sentiment

Of the messages about DO that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100%	100%	100%	92.52% +19.11
Bearish	0%	0%	0%	7.48% -19.11

Bullish· Apr 27

Diamond Offshore Drilling, Inc. (DO) has a strong asset base with $5.8 billion in assets and $2.6 billion in debt, making a comeback likely.
Despite filing for Chapter 11, DO's long-term prospects are positive due to the historical trend of oil prices always recovering.
DO's bankruptcy could be a minor setback, allowing the company to restructure and reduce debt, ultimately leading to a strong comeback.

Bearish· Apr 28

Diamond Offshore Drilling's stock price has plummeted, with some investors experiencing losses of up to 95%.
The company's bankruptcy filing has led to significant losses for junior bondholders, with some reporting no returns on their investments.
The stock's technical rating is currently poor, suggesting a lack of quality setup and potentially further declines in value.

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Topics

Of the messages about DO that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Analysts	—	—	—	0%
Announcements	—	—	—	78.4%
Controversies	—	—	—	3.2%
Earnings	—	—	—	0%
Macro	—	—	—	10.4%
Technical Analysis	—	—	—	8%

Earnings· Feb 10

Diamond Offshore Drilling (DO) reported Q4 EPS of -$0.45, beating consensus by $0.21 and Earnings Whisper by $0.23.
The company's revenue of $276.37M beat estimates by $27.12M, with a 18.9% year-over-year increase.
DO's CEO Marc Edwards discussed the company's Q4 2019 results in an earnings call, highlighting key takeaways and future guidance.

Announcements· Jun 10

Noble Corporation ($NE) has agreed to acquire Diamond Offshore Drilling ($DO) in a stock and cash deal valued at $1.59 billion.
The acquisition will result in Diamond Offshore shareholders owning approximately 14.5% of Noble Corporation's outstanding shares.
The combined company will have a fleet of 41 rigs, including 28 floaters and 13 jackups, and a backlog of approximately $6.5 billion.

Controversies· Apr 27

Diamond Offshore Drilling, Inc. (DO) filed for Chapter 11 bankruptcy protection in Texas due to worsened day rates and demand for its services amid the COVID-19 pandemic and oil price war.
The company's bankruptcy filing includes 15 of its group companies seeking protection under Chapter 11, citing a need to restructure and strengthen its balance sheet for a "more sustainable" debt profile.
DO shares plummeted 61% in premarket trading after the bankruptcy announcement, with the company stating it has sufficient capital to fund operations during reorganization and does not require additional post-petition financing.

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Community

Of the messages about DO, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	0%	0%	0%	62.33%
Newcomers	100%	100%	100%	37.67%

Regulars· Jun 10

The acquisition of Diamond Offshore Drilling, Inc. (DO) by National Energy Services (NES) is being viewed as a positive development for NES, with one participant expecting NES to buy back DO at a lower level and another seeing it as a "one two punch" for NES with UDW and Jus.
The regulars are closely following the price action and market sentiment around DO, with one participant selling all their remaining DO and rotating into RIG, while another participant is excited about the "Euphoria" among offshore drillers, but has sold all DO to pocket the gain.
The focus is on the potential for a long-term upcycle in oil prices, with one participant noting that the oil up cycle is just getting started and another expecting cash flow to drive the market, with the DO-NES deal being seen as a catalyst for this upcycle.

Newcomers· Jun 10

Newcomers to the asset are discussing the acquisition of Diamond Offshore Drilling, Inc. by Noble Corporation, with some expressing concern about potential pay cuts for $DO employees.
The acquisition is expected to boost Noble Corporation's stock, with some investors glad they own $VAL instead of $DO, and others now considering rotating into $VAL.
The deal values Diamond Offshore Drilling at $130,000 per ship, with 8 ultra-deepwater ships being acquired, and the total cost to Noble Corporation being $1.6 billion.

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Also Discussed

Investors talking about DO also mention

#	Name	Attention
1	Noble Corporation plcNE	0%0
2	Transocean Ltd.RIG	0%+0
3	Valaris Ltd.VAL	0%new
4	Seadrill LimitedSDRL	0%-0.01
5	Borr Drilling LimitedBORR	0%+0
6	Peabody Energy CorpBTU	0%new
7	Nabors Industries Ltd.NBR	0%new
8	Tidewater Inc.TDW	0%0
9	VanEck Oil Services ETFOIH	0.01%-0.04
10	HES - Hess Corporation	——