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.
News For DO From The Last 14 Days
Check below for free stories on DO the last two weeks.
Diamond Offshore upgraded to Neutral from Sell at Goldman Goldman upgraded Diamond Offshore due to relative valuation and attractive earnings growth. Price target is $85.
Subscribe for More Information