Diamond Offshore Drilling Inc (DO) 6.82 +0.01 (+0.15%)
6.82 +0.01 (+0.15%)
US25271C2017 - Common Stock
Diamond Offshore Announces First Quarter 2022 Results
/PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported the following results for the first quarter of 2022: Three Months Ended Thousands of...
The 5 Worst Energy Stocks of 2020
From ExxonMobil to Diamond Offshore Drilling, here's why energy companies large and small had a terrible year.
Loews Q2 hit by bankruptcy, catastrophe losses, pandemic (NYSE:L)
Loews (NYSE:L) swings to a Q2 net loss per share of $2.96 compared with net income of 82 cents per share in the year-ago quarter, driven by a $957M writedown on the carrying value of its interest in Diamond Offshore Drilling (NYSE:DO) as a result of its bankruptcy filing, significant catastrophe losses at CNA Financial (NYSE:CNA), and operating losses at Loews Hotels.Those negative factors were partly offset by increased net investment income at CNA and the parent company as well as investment gains at CNA.Book value per share slid to $61.35 at June 30, 2020 vs.
Can Offshore Drilling Industry Weather the Coronavirus Storm?
The coronavirus-triggered oil price plunge and the slowdown in business activity spark the second wave of bankruptcy for offshore drilling companies.
US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks
If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.
The Oil Industry Bankruptcy Wave Has Only Just Begun
The industry, which has already seen a few notable bankruptcies, will probably witness many more in the coming months.
US Oil & Gas Rig Tally at Record Low for 7 Straight Weeks
If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.
US Oil & Gas Rig Tally Hits Record Lows for 6 Straight Weeks
Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.
US Oil & Gas Rig Tally Hits Record Lows for 5 Straight Weeks
Explorers and producers may start adding rigs in shale plays since the energy sector is stealing the show again, with oil gradually entering the bullish territory.
US Oil & Gas Rig Tally Hits Record Lows for 4 Straight Weeks
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to worldwide social-distancing measures taken to combat the pandemic.
US Oil & Gas Rig Tally Sets Record Lows for 3 Straight Weeks
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.
US Witnesses All-Time Low Oil & Gas Rig Tally for Second Week
Oil drillers in the Permian basin continue to remove rigs since the coronavirus pandemic dented global energy demand.
How to Trade Chevron Stock as Oil Gets Back on Track
Oil is surging 10%, bringing fresh attention to the energy sector. Here's how you can profit with a heavy hitter like Chevron stock.
The Oil Industry Has Been Quietly Cashing In on the CARES Act
Oil companies have been taking advantage of the stimulus bill to collect millions in tax rebates.
The Oil Stock Subsector That Turned $10,000 Into $77
Almost all of the publicly traded companies in it are at risk of bankruptcy this year.
JC Penney could join a growing list of bankruptcies during the coronavirus pandemic
The economic uncertainty driven by the Covid-19 pandemic has pushed struggling companies over the edge into bankruptcy proceedings.
Loews Q1 gets hammered by pandemic (NYSE:L)
Hurt by the economic disruption cause by the COVID-19 pandemic, Loews (NYSE:L) turns in a Q1 net loss of $632M, or $2.20 per share vs. net income of $394M, or $1.27 per share, in the year-ago quarter.
ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20
ConocoPhillip's Ryan Lance said on "Power Lunch" that his company is looking at potential acquisitions as the energy sector struggles with low oil prices.
Why Earnings Season Could Be Great for Diamond Offshore Drilling (DO)
Diamond Offshore Drilling (DO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
$32 or 15 Cents? Chesapeake Energy Is a Dog With Fleas
Chesapeake Energy completed its reverse split on April 15. Since then, CHK stock is up 19%. This doesn’t make it a buy. Here’s why.
Diamond Offshore sues Beach Energy for terminating drilling contract (NYSE:DO)
Diamond Offshore Drilling (NYSE:DO) down 61.2% pre-market after the company sues Beach Energy (OTCPK:BEPTF) for abruptly terminating a $65M drilling contract.Beach Energy ended the agreement, claiming
Enphase Energy and Paylocity Set to Join S&P MidCap 400; Core Laboratories and Meredith to Join S&P SmallCap 600
The Dow Surged 359 Points Because Coronavirus Restrictions Are Loosening
Stocks rose after Georgia, Oklahoma, Alaska and South Carolina began to reopen over the weekend. The Covid-19 pandemic had forced much of the nation into a shutdown. Other states are looking to loosen restrictions, as well.
Enphase, Paylocity gain amid S&P index moves (NASDAQ:ENPH)
Enphase Energy (NASDAQ:ENPH) is up 5.1% postmarket after news that it's replacing Core Laboratories (NYSE:CLB) in the S&P MidCap 400. Core Labs is moving down to the S&P SmallCap 600 to repla
Diamond Offshore Receives NYSE Delisting Notice
Diamond Offshore Drilling (DO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Diamond Offshore Drilling (DO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of Chesapeake Energy, off about 26% and shares of Denbury Resources off about 17.3% on the day.
Stock Market News: Coronavirus Claims Another Dividend, Another Bankruptcy
Stocks generally rose on Monday morning.
Oil Prices Fall As Storage Nightmare Could Arrive In A Few Weeks
Oil prices tumbled Monday as more signs emerged that the glut of crude supplies on world markets will overwhelm storage capacity soon.
Diamond Offshore Bankruptcy May Portend Oil-Services Shakeup
Offshore oil-services firm Diamond Offshore filed for bankruptcy protection on Monday, a move that wasn’t a big surprise but nonetheless caused the stock to plunge. The industry may be whittled down to a few larger players, one analyst says.