
By Bret Jensen : The market continues to treat energy shares, especially oil service providers, quite unkindly. However, the long term demand for these firms is a secular trend as it simply takes more technology to recover each barrel of oil and other fossil fuels as the era of cheap oil is over.
Diamond has four deepwater rigs capable of working in depths of 10,000 feet and bidding for the most lucrative industry contracts. The firm's current newbuild program will double that number to eight by 2015. Transocean will have nearly 20 rigs with similar specifications. Diamond's lack of
SEOUL, May 10 (Reuters) - South Korea's Hyundai Heavy Industries said on Thursday that it had won a $655 million deal to build a drillship for U.S.-based Diamond Offshore Drilling .
April 19 (Reuters) - Noble Corp and Diamond Offshore Drilling Inc, two top-five global rig contractors, beat quarterly profit expectations and saw strong demand ahead for their rigs, but the potential for higher costs remains a persistent threat.
April 19 (Reuters) - Diamond Offshore Drilling Inc reported a quarterly profit that beat analysts' expectations and said it was optimistic about winning more rig contracts as the market strengthens.
Ladies and gentlemen, thank you for standing by. Welcome to the Diamond Offshore Drilling First Quarter 2012 Earnings Results Call. All lines have been placed on mute to prevent any background noise. After the speakers
(Reuters) - Hercules Offshore Inc said it will buy a rig from a unit of Diamond Offshore Drilling Inc for $40 million in cash to execute a three-year drilling contract with world's largest oil...
Diamond Offshore Drilling ( DO +0.8% ) files an automatic mixed shelf registration statement ( S-3 ) with the SEC opening up the possibility for it to raise more capital in the future. Post your comment!
future -- a short-sighted approach that's about to come home to roost. The company I'm referring to: Diamond Offshore Drilling Inc. (NYSE: DO ) . As I see it, Diamond Offshore has gotten itself into a fix Complete Story »
7.18): 7.0% – Retailing Navios Maritime Holdings (NM – $3.88): 6.2% -Transportation Diamond Offshore Drilling (DO – $67.19): 5.2% – Energy Exelon Corp (EXC – $39.27): 5.3% – Utilities World Wrestling