BNET Industries
Market Cap:$12.1B
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 OfficerLawrence R. Dickerson
Number of Employees 5,700
Contact Information
15415 Katy Freeway Ste 100
Houston, Texas 77094-1816
(281) 492-5300
Peer Companies
NAICS Code Drilling Oil and Gas Wells: 213111
Recent Events
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Sector Snap: Oilfield services stocks climb
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Diamond Offshore Drilling to buy new unit
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Diamond Offshore to buy PetroRig I
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Ahead of the Bell: Offshore drillers upgraded
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Diamond Offshore Drilling Closes $500 mln of Senior Note Offering - Quick Facts
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Bank of America Downgrades Diamond Offshore DO to Neutral
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Zacks Analyst Blog Highlights: Diamond Offshore Drilling, Inc., Marriott International, BJ's...
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Oil Workers Stay Put in a Downturn
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Notable Analyst Rating Changes 4/21: HAL, LNC, CLP, SYK, ABX Upgraded; ESI, APOL, AZN, DO,...
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Jesup & Lamont Downgrades Diamond Offshore (NYSE: DO) from Buy to Hold; Lowers Estimates
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Diamond Offshore profit up, maintains payout
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Transocean profit falls, sees no rig buy bargains
News & Analysis
Filter by
diamond offshore drilling inc. - All News and Analysis
Are Customers Satisfied with Diamond Offshore?
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...
Diamond Offshore Reports Glittering Earnings
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...
Diamond Offshore Drilling, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Operator instructions. Your first question is from Ian Macpherson of Simmons & Company. Ian Macpherson – Simmons & Company Hey good morning, everybody. Congratulations on the good results. I guess my question would be about the fourth generation market. Larry, it sounds like the...
Diamond Offshore Drilling's Investors Will Be Rewarded for Their Wait
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...
Diamond Offshore: Likely to Drill Higher
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
Diamond Offshore Drilling Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. Your first question is from the line of Jeff Tillery with Tudor Pickering & Holt. Jeff Tillery - Tudor, Pickering, Holt & Co., LLC Hi, good morning. Gary Krenek Good morning. Lawrence Dickerson Good morning. Jeff Tillery - Tudor, Pickering, Holt & Co.,...
Zacks Analyst Blog Highlights: Bristol-Myers Squibb, Inc., Diamond Offshore Drilling, Inc., Carnival Corporation, Carnival, Plc and Hudson City Bancorp, Inc
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Bristol-Myers Squibb, Inc. (NYSE: BMY), Diamond Offshore Drilling, Inc. (NYSE: DO),...
Diamond Offshore: Analysts Must Adjust Estimates Downward
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...
Diamond Offshore Drilling, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from Dan Boyd with Goldman Sachs. Larry Dickerson Good morning Dan. Operator Dan, your line is open. Dan Boyd – Goldman Sachs Can you hear me? Hello? Larry Dickerson inaudible Dan, thanks. Dan Boyd – Goldman...
Zacks Analyst Blog Highlights: Diamond Offshore Drilling, Inc., Transocean Inc., ReneSola Ltd., Molson Coors Brewing Co. and Anheuser-Busch Companies, Inc
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Diamond Offshore Drilling, Inc. (NYSE: DO), Transocean Inc. (NYSE: RIG), ReneSola...
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 |
|---|---|---|
| CNA | President and Chief Executive Officer | Current |
| Loews Corporation | President & Chief Executive Officer | Current |
| Diamond Offshore Drilling, Inc. | Chairman | Current |
| Educational Broadcasting Corporation | Chairman | Current |
| Loews Corporation | Board of Directors | Current |
| CNA Financial Corporation | Board of Directors | Current |
| CNA | Board of Directors | Current |
| Tanenbaum-Harber Co, Inc. | Chief Executive Officer | Former |
| Diamond Offshore Drilling, 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 |
Executive News
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Diamond Offshore Drilling, Inc. to Acquire New-Build Semi-Submersible Rig
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Diamond Offshore Drilling, Inc. to Acquire New-Build Semi-Submersible Rig
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