Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in crude prices thatâs wrecking demand for oil exploration at sea. Diamond Offshore Drilling's revenue was up 18.9% compared to the same quarter last year. The company s fleet of offshore drilling rigs consists of drill ships and semisubmersibles. Diamond Offshore Drilling listed Bank of New York Mellon as by far its largest creditor, with a combined $2 billion in claims. Subscribe to Premium to view Fair Value for DOFSQ. News about Diamond Offshore Drilling Inc., including commentary and archival articles published in The New York Times. HOUSTON , April 27, 2020 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) ("Diamond" or "the Company") today announced that the Company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the U.S. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling filed for Chapter 11 Bankruptcy over the weekend, becoming the latest energy company aiming to restructure its debt. Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price. Get prepared with the key expectations. Get the latest Diamond Offshore Drilling (DOFSQ) stock price quote with real-time news, financials, charts and other important investing information. Diamond Offshore Drilling's revenue was up 18.9% compared to the same quarter last year. About 2,500 jobs could be at stake at Diamond. Currency in USD, Trade prices are not sourced from all markets. KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus ("COVID-19") ⦠ATTENTION DIAMOND OFFSHORE DRILLING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus ⦠The company was founded in 1953 and is headquartered in Houston, Texas. The MarketWatch News Department was not involved in the creation of this content. Diamond Offshore Drilling, Inc. is a global offshore oil and gas drilling contractor. Diamond Offshore Drilling (DOFSQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get the latest DIAMOND OFFSHORE DRILLING (DOFSQ) stock news and headlines to help you in your trading and investing decisions. Analyst Report: Diamond Offshore Drilling, Inc. Find the latest news headlines from Diamond Offshore Drilling, Inc. (DOFSQ) at Nasdaq.com. Latest DO News From Around the Web. View real-time stock prices and stock quotes for a ⦠During the same period in the previous year, the company posted ($0.42) earnings per share. The investigation focuses on full-service brokerage firms’ negligence and mismanagement of large positions that resulted in employees and investors suffering substantial losses. View the latest DOFSQ stock quote and chart on MSN Money. The Company has a fleet of 44 offshore drilling rigs, consisting of 32 semisubmersibles, seven jack-ups and five dynamically positioned drillships, four of which are under construction. During the same period in the previous year, the company posted ($0.42) earnings per share. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. News about Diamond Offshore Drilling Inc., including commentary and archival articles published in The New York Times. © 2021 Verizon Media. From ExxonMobil to Diamond Offshore Drilling, here's why energy companies large and small had a terrible year. Latest IR News. Dive deeper with interactive charts and top stories of DIAMOND OFFSHORE DRILLING, INC.. ... Uruguay News 12/18/2020. 01/25/2021 - Diamond Offshore Announces Comprehensive Restructuring Plan. Investment portfolios holding large positions can carry significant downside risks. The latest, in a move that may not surprise most of its watchers, is Diamond Offshore Drilling . The agreement provides for the drilling ⦠Learn More On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. diamond offshore drilling inc - plan support agreement will result in a reduction of over $2.1 billion of funded indebtedness. View the latest Diamond Offshore Drilling Inc. (DOFSQ) stock price, news, historical charts, analyst ratings and financial information from WSJ. Get the latest DIAMOND OFFSHORE DRILLING (DOFSQ) stock news and headlines to help you in your trading and investing decisions. Energy, has inked a new offshore drilling agreement with Diamond Offshore General Co. on Aug. 17 for the use of the Ocean Onyx semisubmersible rig to undertake Beachâs Victorian Otway offshore drilling program.. S&P Global Ratings on April 24 downgraded Diamond Offshore to 'D' citing a missed interest payment and an outlook for contract drilling services that continued to deteriorate. HOUSTON, April 27, 2020 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) ("Diamond" or "the Company") today announced that the Company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy⦠Read more Diamond Offshore Drilling has become the latest oil company to seek bankruptcy protection amid havoc on oil markets. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the ⦠Covering the latest oil and gas news including shale, lng, drilling, exploration and production. 01/25/2021. All rights reserved. The case is Diamond Offshore Drilling Inc., 20-32307, U.S. Bankruptcy Court for the Southern District of Texas (Houston). Diamond Offshore Drilling, has become yet the latest rig operator for the energy industry to announce a comprehensive restructuring package for its troubled operations. Diamond Offshore's Ocean Onyx submersible drilling rig/ Image by Yiwen Song/MarineTraffic.com U.S. offshore drilling contractor Diamond Offshore, which filed for Chapter 11 bankruptcy in April 2020, said Monday it had entered into an agreement with certain creditors over its financial restructuring that should see ⦠Diamond Offshore Drilling, Inc. Related Interviews. ©2020 Bloomberg L.P. Read more Diamond Offshore adds to the more than 200 oilpatch bankruptcies dating from 2015, according to a tally by the Haynes & Boone law firm. Diamond Offshore Drilling filed for Chapter 11 Bankruptcy over the weekend, becoming the latest energy company aiming to restructure its debt. KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus ("COVID-19") pandemic by employees and investors who held large positions in Diamond Offshore Drilling (NYSE:DO) stock at full-service brokerage firms. David Wethe and Jeremy Hill had the news for Bloomberg:. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. Diamond Offshore Drilling Inc. is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 15 offshore drilling rigs, consisting of 11 semisubmersibles and four dynamically positioned drillships. © 2021 Verizon Media. Diamond Offshore Drilling listed Bank of New York Mellon as by far its largest creditor, with a combined $2 billion in claims. Diamond Offshore Drilling, Inc. is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 15 offshore drilling rigs, consisting of 11 semisubmersibles and four dynamically positioned drillships. Below are the latest news stories about Diamond Offshore Drilling Inc that investors may wish to consider to help them evaluate DO as an investment opportunity. Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in crude prices thatâs wrecking demand for oil exploration at sea. Diamond Offshore Drilling, has become yet the latest rig operator for the energy industry to announce a comprehensive restructuring package for its troubled operations. The latest, in a move that may not surprise most of its watchers, is Diamond Offshore Drilling . Diamond Offshore Drilling had a negative net margin of 117.37% and a negative trailing twelve-month return on equity of 12.45%. Currency in USD, Trade prices are not sourced from all markets. The company was founded on April 12, 1989 and is headquartered in Houston, TX. All rights reserved. Description : Diamond Offshore Drilling, Inc. engages in offshore drilling, which provides contract drilling services to the energy industry around the globe. Diamond Offshore Drilling listed Bank of New York Mellon Corp BK.N as by far its largest creditor, with a combined $2 billion in claims. Diamond Offshore Drilling had a negative net margin of 117.37% and a negative trailing twelve-month return on equity of 12.45%. Get Diamond Offshore Drilling Inc (DOFSQ:OTCPK) real-time stock quotes, news, price and financial information from CNBC. Company profile page for Diamond Offshore Drilling Inc including stock price, company news, press releases, executives, board members, and contact information Danish offshore drilling company Maersk Drilling has received a conditional letter of award from oil company Tullow for the provision of the Maersk Venturer drillship and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana.The duration of the final contract is around four years with ⦠diamond offshore - proceeds of new exit financing facilities will ⦠Ratings warned that Diamond Offshore was unlikely to make the interest payment on its 2039 senior notes within its 30-day grace period. The leading global oil, gas and energy news resource. DOFSQ | Complete Diamond Offshore Drilling Inc. stock news by MarketWatch. New U.S. Get prepared with the key expectations. The Investor Relations website contains information about Diamond Offshore Drilling Inc.'s business for stockholders, potential investors, and financial analysts. Learn More Diamond Offshore Drilling (DOFSQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. View detailed financial information, real-time news, videos, quotes and analysis on Diamond Offshore Drilling, Inc. (NYSE:DO). Find the latest news headlines from Diamond Offshore Drilling, Inc. (DOFSQ) at Nasdaq.com. diamond offshore drilling inc - certain holders of senior unsecured notes have agreed to invest up to $110 million of new capital. Diamond Offshore Drilling, Inc. is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 15 offshore drilling rigs, consisting of 11 semisubmersibles and four dynamically positioned drillships. Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in ⦠Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. With Cloud Delivered Network Security based on SASE.Get IDC’s Spotlight Paper, Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price. Diamond Offshore Drilling Inc., which filed for bankruptcy last April, said Monday it entered a support agreement for a restructuring plan with holders of more than 70% of each of its senior unsecured notes and revolving credit facility loans, a move that would cut more than $2.1 billion in debt. Beach Energy Ltd., through its subsidiary Beach Energy (Operations) Ltd. with support from its joint venture partner O.G. Had a terrible year reduction of over $ 2.1 billion of funded indebtedness and Hill... 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