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News Breaks
February 7, 2014
07:09 EDTDODiamond Offshore downgraded to Sell from Neutral at Global Hunter
Global Hunter downgraded Diamond Offshore to Sell and reduced estimates due to lower demand for deepwater rigs and lower dayrates. The firm expects further rig deactivations in 2014 and reduced dayrates for less capable units combined with oversupply to result in idle inventory and contract gaps. Price target lowered to $38 from $61.
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July 24, 2014
06:23 EDTDODiamond 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.
06:22 EDTDODiamond Offshore reports Q2 EPS 65c, consensus 56c
Reports Q2 revenue $692.24M, consensus $684.42M.
July 15, 2014
10:00 EDTDOOn The Fly: Analyst Upgrade Summary
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06:41 EDTDODiamond Offshore upgraded to Market Perform from Underperform at BMO Capital
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