Diamond Offshore Drilling Inc (DO) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 12, 2020
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Diamond Offshore Drilling Inc (DO, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Diamond Offshore Drilling Inc is engaged in the oil and gas sector. Its business involves offshore oil and gas drilling. The company offers a range of services in various markets, including the deep water and harsh environment. Diamond Offshore Drilling Inc has a market cap of $542.520 million; its shares were traded at around $3.94 with and P/S ratio of 0.55. GuruFocus has detected 3 severe warning signs with Diamond Offshore Drilling Inc. .

For the last quarter Diamond Offshore Drilling Inc reported a revenue of $276.4 million, compared with the revenue of $232.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $980.6 million, a decrease of 9.5% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Diamond Offshore Drilling Inc had an average revenue decline of 19.9% a year.

The reported loss per diluted share was $2.6 for the year. The Diamond Offshore Drilling Inc had an operating margin of -28.68%, compared with the operating margin of -7.36% a year before. The 10-year historical median operating margin of Diamond Offshore Drilling Inc is 26.06%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Diamond Offshore Drilling Inc has the cash and cash equivalents of $156.3 million, compared with $154.1 million in the previous year. The long term debt was $2 billion, compared with $2 billion in the previous year. Diamond Offshore Drilling Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $3.94, Diamond Offshore Drilling Inc is traded at 73.8% discount to its historical median P/S valuation band of $15.01. The P/S ratio of the stock is 0.55, while the historical median P/S ratio is 2.21. The stock lost 57.95% during the past 12 months.

For the complete 20-year historical financial data of DO, click here.