DO
Price:
$13.99
Market Cap:
$1.44B
Diamond Offshore Drilling, Inc. (DO) specializes in providing contract drilling services to the global energy sector. Central to its global operations is a substantial fleet of offshore drilling rigs; as of December 31, 2021, this fleet comprised 12 units, specifically four drillships and eight semi-submersible rigs. The company caters to a diverse client base, including both independent and state-owned oil and gas enterprises. Established in 1953, Diamond Offshore maintains its corporate headquarters in Houston, Texas.
Industry
Oil & Gas Drilling
IPO Date
2022-03-30
Stock Exchange
NYSE
Ticker
DO
According to Diamond Offshore Drilling, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -5.24. This represents a change of -131.33% compared to the average of 16.73 of the last 4 quarters.
The mean historical PE Ratio of Diamond Offshore Drilling, Inc. over the last ten years is 1.02. The current -5.24 PE Ratio has changed -51269.38% with respect to the historical average. Over the past ten years (40 quarters), DO's PE Ratio was at its highest in in the March 2023 quarter at 42.19. The PE Ratio was at its lowest in in the December 2017 quarter at -7.43.
Average
1.02
Median
-1.70
Minimum
-29.61
Maximum
53.33
Discovering the peaks and valleys of Diamond Offshore Drilling, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 5.60%
Maximum Annual PE Ratio = 53.33
Minimum Annual Increase = -2131.10%
Minimum Annual PE Ratio = -29.61
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | -29.61 | 5.60% |
| 2022 | -0.52 | 55.66% |
| 2021 | -0.33 | -57.46% |
| 2020 | -0.78 | -71.46% |
| 2019 | -2.75 | -49.44% |
| 2018 | -5.43 | -110.19% |
| 2017 | 53.33 | -2131.10% |
| 2016 | -2.63 | -26.36% |
| 2015 | -3.57 | -240.51% |
| 2014 | 2.54 | 40.44% |
The current PE Ratio of Diamond Offshore Drilling, Inc. (DO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-10.16
5-year avg
-6.80
10-year avg
1.02
Diamond Offshore Drilling, Inc.’s PE Ratio is less than GasLog Ltd. (10.91), less than Hammerhead Energy Inc. (8.75), less than World Kinect Corporation (-3.07), less than U.S. Silica Holdings, Inc. (8.12), less than Tsakos Energy Navigation Limited (8.58), greater than Ramaco Resources, Inc. (-12.49), less than Tellurian Inc. (-3.40), less than ProFrac Holding Corp. (-2.28), less than Falcon Minerals Corporation (13.17), less than Crestwood Equity Partners LP (38.59),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.91 | $1.41B | |
| 8.75 | $1.47B | |
| -3.07 | $1.60B | |
| 8.12 | $1.21B | |
| 8.58 | $539.36M | |
| -12.49 | $752.73M | |
| -3.40 | $892.98M | |
| -2.28 | $1.10B | |
| 13.17 | $1.21B | |
| 38.59 | $2.97B |
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