Diamond Offshore Drilling, Inc. which can be found using ticker (DO) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The target price High/Low ranges between 20 and 10 suggesting an average Analsyt target price of $15.33. Given that the stocks previous close was at $10.20 this would indicate that there is a potential upside of 50.3%. The 50 day MA is $11.63 and the 200 day moving average is $8.85. The market capitalization for the company is $1,172m. Find out more information at: https://www.diamondoffshore.com
The potential market cap would be $1,762m based on the market consensus.
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.
The company is not paying dividends at this time.
