Diamond Offshore should return to much lower number of rig down days in 2013 Says offshore drilling market remains strong heading into 2013, says sees no near-term signals of this growth slowing. Sees FY tax rate 27%-30%, sees Q1 tax rate 11%-13%. Sees Q1 contract drilling expenses $390M-$410M. Comments made on the Q4 earnings conference call.
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Diamond Offshore declares special cash dividend of 75c per share Diamond Offshore Drilling announced that the company has declared a special quarterly cash dividend of 75c per share of common stock and a regular quarterly cash dividend of 12.5c per share of common stock. Both dividends are payable on September 2, to shareholders of record on August 6.