Diamond Offshore Drilling Inc (DO) Stock
DO is no longer traded. Diamond Offshore Drilling was acquired by Noble (NE) on September 4, 2024.
Each DO share was exchanged for 0.2316 shares of Noble ordinary shares plus $5.65 in cash. Prices on this page are historical; the last trade was September 3, 2024 at $13.99.
See Noble (NE) stock →Diamond Offshore Drilling stock price history
DO final trading statistics
- Final close
- $13.99
- Final trading day
- Sep 3, 2024
- Market cap at delisting
- $1.44B
- Shares outstanding
- 103.21M
- Final 52-week range
- $11.02 – $17.32
- Avg. volume (final 3 mo.)
- 2,426,334
- All-time high (split-adj.)
- $16.70 · Sep 2023
- All-time low (split-adj.)
- $5.35 · Jul 2022
- Return since IPO
- +86.5%
- Beta
- 1.36
- Book value / share
- $6.54
- Price / book
- 2.14
Diamond Offshore Drilling annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $1.06B | -$44.7M | -$3.33 |
| FY2022 | $392.64M | -$2.0B | -$1.03 |
| FY2021 | $733.69M | -$1.3B | -$26.64 |
| FY2020 | $733.69M | -$1.3B | — |
| FY2019 | $980.64M | -$357.2M | -$2.64 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Diamond Offshore Drilling Inc
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2023, the company operated a fleet of 13 offshore drilling rigs, including four drillships, seven semisubmersible rigs, and two managed rigs. It serves independent oil and gas companies, and government-owned oil companies. Diamond Offshore Drilling, Inc. was founded in 1953 and is headquartered in Houston, Texas.
Diamond Offshore Drilling stock FAQ
What happened to Diamond Offshore Drilling stock?
Diamond Offshore Drilling was acquired by Noble (NE) on September 4, 2024. Shareholders received 0.2316 shares of Noble ordinary shares plus $5.65 in cash for each share. DO stock stopped trading on the NYSE, with a final close of $13.99 on September 3, 2024.
What did Diamond Offshore Drilling shareholders receive?
Each DO share was converted into 0.2316 shares of Noble ordinary shares plus $5.65 in cash. The deal was valued at about $1.6 billion.
Is DO stock still trading?
No. DO was delisted from the NYSE on September 4, 2024 and no longer trades on a U.S. exchange. Former Diamond Offshore Drilling shareholders received Noble (NE) shares.
What was the last price of DO stock?
DO closed at $13.99 on its final trading day, September 3, 2024, for a market value of about $1.44B.
What were Diamond Offshore Drilling's revenue and earnings in its last full fiscal year?
Diamond Offshore Drilling reported revenue of $1.06B and net income of -$44.7M in fiscal 2023, its last full year as a public company.
When did Diamond Offshore Drilling go public?
Diamond Offshore Drilling Inc stock began trading on October 11, 1995.