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Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2022, the company operated a fleet of 14 offshore drilling rigs, including four drillships, eight semisubmersible rigs, and two managed 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.
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| Breakdown | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Income before tax | -1276.09M | -1276.09M | -402.01M | -226.62M | -21.44M |
| Net income | -1254.90M | -1254.90M | -357.21M | -180.27M | 18.35M |
| Selling general administrative | 56.92M | 56.92M | 67.88M | 85.35M | 74.50M |
| Gross profit | 733.69M | -243.85M | -213.38M | 5.67M | 301.34M |
| Reconciled depreciation | - | 320.08M | 355.60M | 331.79M | - |
| Ebit | - | -299.73M | -274.17M | -70.50M | 231.54M |
| Ebitda | -1233.72M | 20.35M | 81.42M | 261.29M | 580.24M |
| Depreciation and amortization | - | 320.08M | 355.60M | 331.79M | 348.69M |
| Operating income | -1233.72M | -299.73M | -274.17M | -70.50M | 115.78M |
| Other operating expenses | 1886.83M | 1034.46M | 1261.90M | 1162.89M | 1258.91M |
| Interest expense | -42.59M | 42.59M | 122.83M | 123.24M | 113.53M |
| Tax provision | - | -21.19M | -44.80M | -46.35M | - |
| Interest income | - | 0.48M | 6.38M | 8.48M | - |
| Net interest income | - | -42.10M | -116.45M | -114.76M | - |
| Income tax expense | 21.19M | -21.19M | -44.80M | -46.35M | -39.79M |
| Total revenue | 733.69M | 733.69M | 980.64M | 1083.21M | 1485.75M |
| Total operating expenses | 1886.83M | 56.92M | 67.88M | 85.35M | 74.50M |
| Cost of revenue | - | 977.54M | 1194.02M | 1077.54M | 1184.40M |
| Total other income expense net | -42.37M | -976.36M | -127.84M | -156.13M | -252.98M |
| Net income from continuing ops | - | -1254.90M | -357.21M | -180.27M | - |
| Breakdown | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Total assets | 1531.44M | 4948.45M | 5834.04M | 6035.69M | 6250.57M |
| Other current assets | 6.75M | 3.71M | 3.40M | 5.26M | 3.77M |
| Total liab | 763.74M | 2965.89M | 2601.83M | 2451.04M | 2476.31M |
| Total stockholder equity | 767.71M | 1982.57M | 3232.21M | 3584.65M | 3774.26M |
| Other current liab | 123.73M | 111.17M | 204.41M | 190.11M | 173.16M |
| Common stock | 0.01M | 1.45M | 1.45M | 1.44M | 1.44M |
| Capital stock | 0.01M | 1.45M | 1.45M | 1.44M | - |
| Retained earnings | -177.34M | 157.30M | 1412.20M | 1769.41M | 1964.50M |
| Cash | 38.39M | 405.87M | 156.28M | 154.07M | 376.04M |
| Total current liabilities | 232.76M | 201.44M | 302.59M | 236.85M | 223.29M |
| Current deferred revenue | 38.51M | 51.76M | 9.57M | 2.80M | 11.37M |
| Net debt | 408.07M | -400.80M | 1819.46M | 1819.85M | 1596.19M |
| Short term debt | 31.86M | 5.07M | 20.03M | - | - |
| Short long term debt total | 446.46M | 5.07M | 1975.74M | 1973.92M | 1972.22M |
| Other stockholder equity | 945.04M | 1823.82M | 1818.58M | 1813.77M | 1808.33M |
| Total current assets | 271.50M | 625.32M | 476.80M | 785.94M | 886.65M |
| Short term investments | - | - | 0.00M | 299.85M | - |
| Net receivables | 148.17M | 133.53M | 250.86M | 168.62M | 256.73M |
| Long term debt | 266.24M | - | 1975.74M | 1973.92M | - |
| Inventory | 3.72M | 12.61M | 18.25M | 20.26M | 28.38M |
| Accounts payable | 38.66M | 33.44M | 68.59M | 43.93M | 38.76M |
| Accumulated other comprehensive income | - | - | -0.02M | 0.02M | -0.01M |
| Non currrent assets other | 84.04M | 200.33M | 204.42M | 65.53M | 102.28M |
| Non current assets total | 1259.94M | 4323.14M | 5357.25M | 5249.76M | 5363.92M |
| Capital lease obligations | 180.22M | 5.07M | 20.03M | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | - | - | -170.28M | -6.87M | -448.34M |
| Total cash from financing activities | 32.27M | 436.00M | 436.00M | -0.01M | -5.69M |
| Net income | -56.28M | -1254.90M | -1254.90M | -357.21M | -180.27M |
| Change in cash | -72915.38M | 274.10M | 274.10M | 2.21M | -221.96M |
| Begin period cash flow | 72973.00M | 156.28M | 156.28M | 154.07M | 376.04M |
| End period cash flow | 57.62M | 430.38M | 430.38M | 156.28M | 154.07M |
| Total cash from operating activities | -10.80M | 8.38M | 8.38M | 9.09M | 232.06M |
| Depreciation | 52.65M | 320.08M | 320.08M | 355.60M | 331.79M |
| Change to inventory | - | - | 18.50M | 33.94M | - |
| Change to account receivables | -5.04M | 114.33M | 114.33M | -37.83M | 87.97M |
| Other cashflows from financing activities | 40.00M | 872.00M | 436.00M | -0.01M | -5.69M |
| Capital expenditures | 32.35M | 189.53M | 189.53M | 326.09M | 222.41M |
| Change in working capital | -17.85M | 100.19M | 111.21M | 45.59M | 129.84M |
| Stock based compensation | - | 5.64M | 5.64M | 6.21M | 6.75M |
| Other non cash items | - | 856.60M | 845.58M | 15.81M | 19.94M |
| Free cash flow | -43.16M | -181.15M | -181.15M | -317.00M | 9.65M |
Sector: Energy Industry: Oil & Gas Drilling
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| NE Noble Corporation plc |
1.84 4.07% |
47.06 | 46.55 | 20.96 | 2.58 | 1.56 |
| RIG Transocean Ltd |
0.25 3.87% |
6.71 | - | 15.13 | 1.61 | 0.73 |
| VAL Valaris Ltd |
3.42 3.48% |
101.63 | 6.13 | 29.07 | 2.87 | 1.75 |
| PTEN Patterson-UTI Energy Inc |
0.39 3.19% |
12.60 | 20.37 | 17.36 | 0.91 | 0.90 |
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2022, the company operated a fleet of 14 offshore drilling rigs, including four drillships, eight semisubmersible rigs, and two managed 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.
15415 Katy Freeway, Houston, TX, United States, 77094-1810
281 492 5300
2100
| Name | Title | Year Born |
|---|---|---|
| Mr. Ronald Woll | Exec. VP & COO | 1968 |
| Mr. Dominic A. Savarino | VP & Chief Accounting and Tax Officer | 1971 |
| Mr. David Lynn Roland | Sr. VP, Gen. Counsel & Sec. | 1962 |
| Mr. Bernie G. Wolford | Pres, CEO & Director | 1960 |
| Mr. Tim Osburn | Chief Information Officer | NA |
| Samir Ali | VP of Investor Relations & Corp. Devel. | NA |
| Mr. Aaron Sobel | VP of HR | NA |
| Mr. Karl S. Sellers | Sr. VP of Technical Services | NA |
| Mr. Jon L. Richards | Sr. VP of Worldwide Operations | 1974 |
| Mr. Stephen Glenn Elwood | Sr. VP of Tax | NA |
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