BNET Industries

Diamond Offshore Drilling Inc.

(DO) is in the Energy Industry

Market Cap:$14.1B

Last Fiscal Year Sales:$3.5B

Public
US

Dow Jones Description

Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling.

President & Chief Executive Officer

Lawrence R. Dickerson

Number of Employees 5,700

Contact Information

15415 Katy Freeway Ste 100

Houston, Texas 77094-1816

www.diamondoffs...

(281) 492-5300

Peer Companies

NAICS Code Drilling Oil and Gas Wells: 213111

Recent Events

Diamond Offshore Rigged for Upside

10/23/09 - Stock Split / Dividend - View Story
Transocean Q3 Profit Declines - Update

11/04/09 - Financial Announcement - View Story
Global Maritime Solutions Wins 2 Contracts f...

10/09/09 - Joint Venture / Alliance - View Story
UPDATE 1-Rockhopper mulls share sale to fund drilling

10/08/09 - Joint Venture / Alliance - View Story
Diamond Offshore Names Robert Blair SVP, Contracts And Marketing

7/05/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

diamond offshore drilling inc. and energy - All News and Analysis

Diamond Offshore Drilling: Another Special Dividend

Seeking Alpha - 2009-08-19

Zacks.com submits: Houston-based Diamond Offshore Drilling, Inc. DO has meticulously remained committed to returning excess cash to shareholders through special dividends. Since the beginning of 2006, in addition to its regular dividend the company has regularly been paying a special dividend. For the second quarter of 2009, Diamond...

Tags: Energy, Zacks.com, Diamond Offshore Drilling Inc.
Diamond Offshore Drilling Inc. Q2 2009 Earnings Call Transcript

Seeking Alpha - 2009-07-23

Diamond Offshore Drilling Inc. DO Q2 2009 Earnings Call July 23, 2009; 10:00 am ET

Tags: Energy, Diamond Offshore Drilling Inc.
Are Customers Satisfied with Diamond Offshore?

Seeking Alpha - 2009-05-18

Doug Sheridan submits: EnergyPoint Research has collected customer satisfaction ratings on Diamond Offshore DO and other major offshore drillers since 2004. These ratings reflect information gathered from hundreds of confidential supplier evaluations via EnergyPoint’s independent and industry-wide surveys. For the period 2004 through Q1 2009, DO has rated last among...

Tags: Energy, Doug Sheridan, Diamond Offshore Drilling Inc.
Diamond Offshore Reports Glittering Earnings

Seeking Alpha - 2009-04-24

Zacks.com submits: Deepwater drilling powerhouse Diamond Offshore Drilling, Inc. DO reported better-than-expected first-quarter earnings and announced another special dividend. We see few signs of the downturn in oilfield activity levels in Diamond’s quarterly report -- a trend that we see continuing for many quarters to come.Management did indicate...

Tags: Energy, Zacks.com, Diamond Offshore Drilling Inc.
Diamond Offshore Drilling's Investors Will Be Rewarded for Their Wait

Seeking Alpha - 2009-03-09

Horacio Marquez submits: In the face of the global financial meltdown, the price of oil has plummeted from a record high of almost $150 a barrel in July to less than $40 recently. And now it seems to be bottoming. Clearly, this isn’t the precise moment to...

Tags: Energy, Horacio Marquez, Diamond Offshore Drilling Inc.

Diamond Offshore: Likely to Drill Higher

Seeking Alpha - 2009-02-11

Paul Price submits: Diamond Offshore DO is a major worldwide driller of offshore oil and gas wells. Non-US revenues are approximately 50%. Anadarko APC and Petrobras PBR accounted for about 9.4% and 9.2% of 2008 revenues respectively. by Paul Price

Tags: Energy, Paul Price, Diamond Offshore Drilling Inc.
Diamond Offshore: Analysts Must Adjust Estimates Downward

Seeking Alpha - 2008-12-09

Scott J. Zagrodnik submits: Diamond Offshore DO is the premier offshore drilling company that has benefited from the rise in crude prices. Unfortunately, crude oil has fallen dramatically and those high dayrates will be a thing of the past. This is evident in similar industry companies such as Dryships...

Tags: Energy, Scott Zagrodnik, Diamond Offshore Drilling Inc.
8 Stocks to Buy if McCain Wins

Seeking Alpha - 2008-09-04

Teeka Tiwari submits: This week's article will be short and to the point. I’m at the Republican National Convention and so far there is not a whole lot to report on. To date, Hurricane Gustav has had everybody focused on issues bigger than politics. However, as the Gulf Coast appears...

Tags: Energy, Alpha Natural Resources Inc., Cameron International Corp., Diamond Offshore Drilling Inc., Halliburton Co., James River Coal Co.

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Decision Makers

Name (plus bio)	Position
Lawrence R. Dickerson	President & Chief Executive Officer
Beth G. Gordon	Chief Accounting Officer & Controller
Gary T. Krenek	Senior Vice President & Chief Financial Officer
John L. Gabriel	Senior Vice President, Contracts & Marketing
John M. Vecchio	Senior Vice President, Technology Services
Lyndol Dew	Senior Vice President
Bodley P. Thornton	Vice President, Marketing
Karl S. Sellers	Vice President, Engineering
Morrison Plaisance	Vice President, International Operations Eastern Hemisphere
R. Lynn Charles	Vice President, Human Resources
Robert G. Blair	Vice President, Contracts and Marketing North America
Robert N. Blank	Vice President, Operations Support
Stephen G. Elwood	Vice President, Tax
Steven A. Nelson	Vice President, Domestic Operations
C. Duncan Weir	Managing Director, Diamond Offshore Netherlands B.V.
Mark F. Baudoin	Senior Vice President, Administration and Operations Support
William C. Long	Senior Vice President, General Counsel & Secretary
Raymond S. Troubh	Director
Scott L. Kornblau	Treasurer

Board of Directors

Name (plus bio)	Position
James S. Tisch	Chairman
Arthur L. Rebell	Board of Directors
Edward Grebow	Board of Directors
Herbert C. Hofmann	Board of Directors
John R. Bolton	Board of Directors
Paul G. Gaffney II	Board of Directors

Lawrence R. Dickerson is the president, chief operating officer, and a director of Diamond Offshore Drilling, Inc., a leading deep-water drilling contractor that owns and operates 45 offshore rigs consisting of 30 semi-submersibles, 14 jack-ups and one drill ship. The Houston-based company operates in the waters of six of the world's seven continents and includes extensive in-house engineering expertise. Mr. Dickerson is currently secretary/treasurer and a director of the International Association of Drilling Contractors, a director and member of the Executive Committee of the National Ocean Industries Association, and is on the Ocean Research Advisory Panel of the National Ocean Partnership Program.

Organization	Position	Status
Diamond Offshore Drilling, Inc.	President & Chief Executive Officer	Current
Diamond Offshore Drilling, Inc.	Board of Directors	Current
Global Industries, Ltd.	Board of Directors	Current
Diamond Offshore Drilling, Inc.	Chief Financial Officer	Former
Diamond Offshore Drilling, Inc.	Chief Operating Officer	Former

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Chief Accounting Officer & Controller	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Senior Vice President & Chief Financial Officer	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Senior Vice President, Contracts & Marketing	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Senior Vice President, Technology Services	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Senior Vice President	Current
Diamond Offshore Drilling, Inc.	Area Manager	Former

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Marketing	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Engineering	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, International Operations Eastern Hemisphere	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Human Resources	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Contracts and Marketing North America	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Operations Support	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Tax	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Vice President, Domestic Operations	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Managing Director, Diamond Offshore Netherlands B.V.	Current
Diamond Offshore Drilling, Inc.	Vice President, Contracts & Marketing, Intl	Former

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Senior Vice President, Administration and Operations Support	Current

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Senior Vice President, General Counsel & Secretary	Current

Organization	Position	Status
Loews Corporation	President, Chief Executive Officer and Member of The Office of The President, Loews Corporation	Current
CNA	President and Chief Executive Officer	Current
Diamond Offshore Drilling, Inc.	Chairman	Current
Educational Broadcasting Corporation	Chairman	Current
Loews Corporation	Board of Directors	Current
CNA	Board of Directors	Current
CNA Financial Corporation	Board of Directors	Current
Diamond Offshore Drilling, Inc.	Chief Executive Officer	Former
Tanenbaum-Harber Co, Inc.	Chief Executive Officer	Former
Tanenbaum-Harber Co, Inc.	President	Former
Loews Corporation	Manager	Former
Diamond Offshore Drilling, Inc.	Controlling Stockholder	Former
Diamond Offshore Drilling, Inc.	Director	Former

Organization	Position	Status
Loews Corporation	CIO & Senior Vice President	Current
Boardwalk Pipelines LLC	Chairman of the Board	Current
Diamond Offshore Drilling, Inc.	Board of Directors	Current

Organization	Position	Status
Tri-Artisan Capital Partners, LLC		Current
Diamond Offshore Drilling, Inc.	Board of Directors	Current
Mtva	President	Former
Professional Corporation	President	Former
Sony Electronics, Inc.	Deputy President	Former
Ullico, Inc.	President	Former
Chyron Corp.		Former

Organization	Position	Status
Loews Corporation	Senior Vice President	Current
Diamond Offshore Drilling, Inc.	Board of Directors	Current
Bulova Corporation	Chief Executive Officer	Former
Bulova Corporation	President	Former

Organization	Position	Status
American Enterprise Institute for Public Policy Research	Secretary	Current
Diamond Offshore Drilling, Inc.	Board of Directors	Current

Organization	Position	Status
Monmouth University	President	Current
Diamond Offshore Drilling, Inc.	Board of Directors	Current
Ocean Design Incorporated	Director	Current
National Defense University	President	Former

Organization	Position	Status
Portland General Electric Co.	Board of Directors	Current
Triarc Companies, Inc.	Board of Directors	Current
Diamond Offshore Drilling, Inc.	Director	Current
Gentiva Health Services, Inc.	Board of Directors	Current
Gen American Investors Company, Inc.	Board of Directors	Current
Home Health Care Affiliates, Inc.	Board of Directors	Current
Wendy's/Arby's Group, Inc.	Board of Directors	Current
Lazard Ltd.	General Partner	Former
Portland General Electric Co.	Trustee	Former
Lazard Ltd.	Associate	Former
The American Stock Exchange LLC		Former
Sun-Times Media Group Inc.	Board of Directors	Former
Olsten Corporation	Director	Former
Bowdoin College		Former
Yale Law School		Former

Organization	Position	Status
Diamond Offshore Drilling, Inc.	Treasurer	Current

DO $101.80 +0.06 (0.06% )

Intraday

3 Month

6 Month

1 Year

Average Volume	1,775,560
Shares Outstanding	139.01M
Market Cap	14.2B
Year High	108.78
Year Low	53.3002
Earnings Per Share	10.03
P/E Ratio	10.15
Dividend	8.00
Yield	7.86

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Glass Door

Energy Industry Companies

Company	Employer Rating
Chevron	3.8
ConocoPhillips	3.4
Exxon	3.3
Occidental Petroleum	3.7
Schlumberger	3.6