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Diamond Offshore Drilling

DB:DO1
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DO1
DB
$222M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • Diamond Offshore Drilling has significant price volatility in the past 3 months.
DO1 Share Price and Events
7 Day Returns
-4.4%
DB:DO1
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-85.6%
DB:DO1
-57.2%
Europe Energy Services
-20.9%
DE Market
DO1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Diamond Offshore Drilling (DO1) -4.4% -26% -78% -85.6% -90.1% -94.6%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • DO1 underperformed the Energy Services industry which returned -57.2% over the past year.
  • DO1 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
DO1
Industry
5yr Volatility vs Market

Value

 Is Diamond Offshore Drilling undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Diamond Offshore Drilling. This is due to cash flow or dividend data being unavailable. The share price is €1.5042.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Diamond Offshore Drilling's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Diamond Offshore Drilling's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DO1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-2.60
NYSE:DO Share Price ** NYSE (2020-04-06) in USD $1.61
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Diamond Offshore Drilling.

DB:DO1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DO Share Price ÷ EPS (both in USD)

= 1.61 ÷ -2.60

-0.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Diamond Offshore Drilling is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Diamond Offshore Drilling is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Diamond Offshore Drilling's expected growth come at a high price?
Raw Data
DB:DO1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
1%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Diamond Offshore Drilling, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Diamond Offshore Drilling's assets?
Raw Data
DB:DO1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $23.47
NYSE:DO Share Price * NYSE (2020-04-06) in USD $1.61
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:DO1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DO Share Price ÷ Book Value per Share (both in USD)

= 1.61 ÷ 23.47

0.07x

* Primary Listing of Diamond Offshore Drilling.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Diamond Offshore Drilling is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Diamond Offshore Drilling's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Diamond Offshore Drilling has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Diamond Offshore Drilling expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Diamond Offshore Drilling expected to grow at an attractive rate?
  • Unable to compare Diamond Offshore Drilling's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Diamond Offshore Drilling's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Diamond Offshore Drilling's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DO1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DO1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 1%
DB:DO1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts -0.3%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DO1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DO1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 965 52 -222 5
2021-12-31 907 -4 -409 19
2020-12-31 926 -7 -418 19
2020-04-06
DB:DO1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 935 9 -357
2019-09-30 902 29 -362
2019-06-30 941 99 -318
2019-03-31 999 151 -273
2018-12-31 1,060 232 -180
2018-09-30 1,172 316 -133
2018-06-30 1,249 448 -71
2018-03-31 1,376 479 14
2017-12-31 1,451 494 18
2017-09-30 1,498 521 166
2017-06-30 1,480 518 169
2017-03-31 1,445 504 -436

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Diamond Offshore Drilling is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Diamond Offshore Drilling's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DO1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from Diamond Offshore Drilling Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DO1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 -1.61 -1.05 -2.18 2.00
2021-12-31 -2.88 -1.89 -3.51 12.00
2020-12-31 -3.05 -2.63 -3.70 10.00
2020-04-06
DB:DO1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -2.60
2019-09-30 -2.63
2019-06-30 -2.31
2019-03-31 -1.99
2018-12-31 -1.31
2018-09-30 -0.97
2018-06-30 -0.52
2018-03-31 0.10
2017-12-31 0.13
2017-09-30 1.21
2017-06-30 1.24
2017-03-31 -3.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Diamond Offshore Drilling will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Diamond Offshore Drilling's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Diamond Offshore Drilling has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Diamond Offshore Drilling performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Diamond Offshore Drilling's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Diamond Offshore Drilling does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Diamond Offshore Drilling's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Diamond Offshore Drilling's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Diamond Offshore Drilling's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Diamond Offshore Drilling Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DO1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 934.93 -357.21 67.88
2019-09-30 902.29 -361.65 66.73
2019-06-30 940.66 -317.64 63.71
2019-03-31 998.74 -272.92 66.65
2018-12-31 1,059.97 -180.27 67.85
2018-09-30 1,171.78 -133.01 72.76
2018-06-30 1,248.77 -71.10 74.76
2018-03-31 1,375.59 14.13 75.54
2017-12-31 1,451.22 18.35 74.51
2017-09-30 1,498.06 166.37 68.82
2017-06-30 1,480.01 169.50 66.25
2017-03-31 1,445.25 -436.39 65.38
2016-12-31 1,525.21 -372.50 63.30
2016-09-30 1,684.70 -733.97 64.35
2016-06-30 1,944.10 -611.47 66.00
2016-03-31 2,204.13 68.85 64.41
2015-12-31 2,360.18 -274.29 66.46
2015-09-30 2,490.43 69.94 70.81
2015-06-30 2,619.28 -13.84 72.53
2015-03-31 2,651.40 -14.51 76.46
2014-12-31 2,737.13 387.01 81.83
2014-09-30 2,770.72 380.78 78.16
2014-06-30 2,733.58 422.89 97.36
2014-03-31 2,828.92 518.51 93.31
2013-12-31 2,843.58 548.69 87.30
2013-09-30 2,876.24 611.73 85.89
2013-06-30 2,899.52 695.17 61.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Diamond Offshore Drilling has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Diamond Offshore Drilling has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Diamond Offshore Drilling improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Diamond Offshore Drilling's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Diamond Offshore Drilling has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Diamond Offshore Drilling's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Diamond Offshore Drilling's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Diamond Offshore Drilling is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Diamond Offshore Drilling's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Diamond Offshore Drilling's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Diamond Offshore Drilling Company Filings, last reported 3 months ago.

DB:DO1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,232.21 1,975.74 156.28
2019-09-30 3,305.32 1,975.28 209.13
2019-06-30 3,398.90 1,974.82 297.45
2019-03-31 3,511.88 1,974.37 372.70
2018-12-31 3,584.65 1,973.92 453.92
2018-09-30 3,661.14 1,973.49 476.54
2018-06-30 3,710.73 1,973.06 418.84
2018-03-31 3,779.63 1,972.64 429.68
2017-12-31 3,774.26 1,972.23 376.04
2017-09-30 3,804.76 1,971.85 276.69
2017-06-30 3,791.82 1,981.46 160.97
2017-03-31 3,774.00 1,981.17 123.34
2016-12-31 3,750.13 2,085.08 156.23
2016-09-30 3,632.93 2,162.70 81.38
2016-06-30 3,618.08 2,307.62 103.34
2016-03-31 4,194.78 1,980.05 134.00
2015-12-31 4,112.77 2,266.37 130.55
2015-09-30 4,376.15 2,487.71 154.75
2015-06-30 4,257.77 2,619.63 111.81
2015-03-31 4,179.85 2,244.57 198.79
2014-12-31 4,451.56 2,244.49 249.66
2014-09-30 4,472.91 2,244.41 1,068.97
2014-06-30 4,546.95 2,494.33 1,330.97
2014-03-31 4,578.09 2,494.24 1,595.28
2013-12-31 4,637.26 2,494.14 2,097.06
2013-09-30 4,664.34 1,496.26 1,239.00
2013-06-30 4,686.17 1,496.19 1,220.20
  • Diamond Offshore Drilling's level of debt (61.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (50.5% vs 61.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Diamond Offshore Drilling has less than a year of cash runway based on current free cash flow.
  • Diamond Offshore Drilling has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28% each year.
X
Financial health checks
We assess Diamond Offshore Drilling's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Diamond Offshore Drilling has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Diamond Offshore Drilling's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Diamond Offshore Drilling dividends. Estimated to be 0% next year.
If you bought €2,000 of Diamond Offshore Drilling shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Diamond Offshore Drilling's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Diamond Offshore Drilling's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DO1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DO1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.00 5.00
2021-12-31 0.00 10.00
2020-12-31 0.00 10.00
2020-04-06
DB:DO1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2017-10-30 0.000 0.000
2017-07-31 0.000 0.000
2017-05-01 0.000 0.000
2017-02-16 0.000 0.000
2017-02-13 0.000 0.000
2017-02-06 0.000 0.000
2016-10-31 0.000 0.000
2016-08-01 0.000 0.000
2016-05-02 0.000 0.000
2016-02-19 0.000 0.000
2016-02-08 0.000 0.000
2015-11-02 0.500 2.485
2015-05-04 0.500 2.114
2015-02-23 0.000 0.000
2015-02-09 0.000 0.000
2014-10-23 3.500 10.133
2014-07-24 3.500 8.648
2014-04-24 3.500 7.010
2014-02-06 3.500 7.395
2013-10-24 3.500 6.177
2013-07-25 3.500 5.404
2013-04-25 3.500 5.031
2013-02-05 3.500 5.030
2012-10-18 3.500 5.026
2012-07-19 3.500 5.221
2012-04-19 3.500 5.687
2012-02-02 3.500 5.249
2011-10-20 3.500 5.800
2011-07-21 3.500 5.729
2011-04-21 3.500 4.952
2011-02-03 3.500 4.619
2010-10-21 3.500 5.130
2010-07-22 3.500 5.517
2010-04-22 6.000 8.979
2010-02-04 8.000 9.083
2009-10-22 8.000 8.042
2009-07-23 8.000 8.581
2009-04-23 8.000 9.835

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Diamond Offshore Drilling has not reported any payouts.
  • Unable to verify if Diamond Offshore Drilling's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Diamond Offshore Drilling's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Diamond Offshore Drilling has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Diamond Offshore Drilling's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Diamond Offshore Drilling's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Diamond Offshore Drilling afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Diamond Offshore Drilling has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Diamond Offshore Drilling's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marc Gerard Edwards
COMPENSATION $5,804,043
AGE 58
TENURE AS CEO 6.1 years
CEO Bio

Mr. Marc Gerard Rex Edwards has been the Chief Executive Officer, President and Director of Diamond Offshore Drilling, Inc. since March 3, 2014. Mr. Edwards served as Senior Vice President of Completion and Production Division of Halliburton Company from January 2010 to February 2014. He served as Vice President of the Production Enhancement of Completion and Production division at Halliburton Company since May 2008 to 2009.

CEO Compensation
  • Marc Gerard's compensation has increased whilst company is loss making.
  • Marc Gerard's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Diamond Offshore Drilling management team in years:

5.6
Average Tenure
57
Average Age
  • The average tenure for the Diamond Offshore Drilling management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Marc Gerard Edwards

TITLE
Former Chairman of the Board
COMPENSATION
$6M
AGE
58
TENURE
6.1 yrs

Scott Kornblau

TITLE
Senior VP & CFO
COMPENSATION
$804K
AGE
48
TENURE
2.3 yrs

Tommy Roth

TITLE
Senior Vice President of Worldwide Operations
COMPENSATION
$804K
AGE
63
TENURE
3.3 yrs

David Roland

TITLE
Senior VP
COMPENSATION
$835K
AGE
57
TENURE
5.6 yrs

Ron Woll

TITLE
Executive VP & Chief Commercial Officer
COMPENSATION
$2M
AGE
51
TENURE
5.8 yrs

Tim Osburn

TITLE
Chief Information Officer

Samir Ali

TITLE
Vice President of Investor Relations & Corporate Development

Aaron Sobel

TITLE
Vice President of Human Resources

Karl Sellers

TITLE
Senior Vice President of Technical Services

Stephen Elwood

TITLE
Senior Vice President of Tax
Board of Directors Tenure

Average tenure and age of the Diamond Offshore Drilling board of directors in years:

8.8
Average Tenure
64
Average Age
  • The tenure for the Diamond Offshore Drilling board of directors is about average.
Board of Directors

James Tisch

TITLE
Chairman of the Board
COMPENSATION
$15K
AGE
66
TENURE
24.4 yrs

Marc Gerard Edwards

TITLE
Former Chairman of the Board
COMPENSATION
$6M
AGE
58
TENURE
6.1 yrs

Paul Gaffney

TITLE
Independent Director
COMPENSATION
$92K
AGE
72
TENURE
15.5 yrs

Alan Howard

TITLE
Lead Independent Director
AGE
59

Ed Grebow

TITLE
Independent Director
COMPENSATION
$107K
AGE
69
TENURE
11.8 yrs

Andrew Tisch

TITLE
Director
COMPENSATION
$15K
AGE
70
TENURE
8.9 yrs

Clifford Sobel

TITLE
Independent Director
COMPENSATION
$71K
AGE
69
TENURE
8.8 yrs

Kenneth Siegel

TITLE
Director
COMPENSATION
$15K
AGE
62
TENURE
6.1 yrs

Anatol Feygin

TITLE
Independent Director
COMPENSATION
$40K
AGE
51
TENURE
0.9 yrs

Peter McTeague

TITLE
Independent Director
AGE
53
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Sep 19 Sell Scott Kornblau Individual 16. Sep 19 16. Sep 19 -5,819 €7.90 €-45,981
12. Sep 19 Sell Paul Gaffney Individual 11. Sep 19 11. Sep 19 -1,000 €7.02 €-7,021
X
Management checks
We assess Diamond Offshore Drilling's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Diamond Offshore Drilling has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 15 offshore drilling rigs, including 4 drillships and 11 semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation.

Details
Name: Diamond Offshore Drilling, Inc.
DO1
Exchange: DB
Founded: 1953
$205,855,160
137,944,059
Website: http://www.diamondoffshore.com
Address: Diamond Offshore Drilling, Inc.
15415 Katy Freeway,
Suite 100,
Houston,
Texas, 77094-1810,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DO Common Stock New York Stock Exchange US USD 11. Oct 1995
DB DO1 Common Stock Deutsche Boerse AG DE EUR 11. Oct 1995
LSE 0I92 Common Stock London Stock Exchange GB USD 11. Oct 1995
BRSE DO1 Common Stock Berne Stock Exchange CH CHF 11. Oct 1995
BMV DO * Common Stock Bolsa Mexicana de Valores MX MXN 11. Oct 1995
Number of employees
Current staff
Staff numbers
2,500
Diamond Offshore Drilling employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:01
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/11
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.