Overview
Diamond Offshore Drilling Inc
This Diamond is an oiler's best friend. Diamond Offshore Drilling is a contract offshore oil and gas driller capable of descending in the deep blue to depths of 10,000 feet and deeper. Diamond Offshore has some 15 offshore drilling rigs, including about five drillships, and over 10 semisubmersible rigs, including less than five rigs that are currently cold stacked. This fleet enables the company to offer services in the floater market on a worldwide
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Read More basis. A floater rig is a type of mobile offshore drilling rig that floats and does not rest on the seafloor. The US generates about 55% of the company's total sales.
Read Less
Read More basis. A floater rig is a type of mobile offshore drilling rig that floats and does not rest on the seafloor. The US generates about 55% of the company's total sales.
Read Less
Support Activities for Mining
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Mining, Quarrying, and Oil and Gas Extraction
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Drilling oil and gas wells
15415 Katy Fwy Ste 100 Houston, TX, 77094-1810 United States
See other locations
(281) 492-5300
1,012
1,900
$733.69 million
-25.18%
$4,948
DEC
1953
1989
Norwegian OTC:DOFSQ
Contacts
Get in Touch with 7 Principals* and 87 Contacts
A D&B Hoovers Subscription is your foot in the door to Diamond Offshore Drilling Inc contact information.
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Bernie G Wolford JuniorPresident and Chief Executive Officer
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NEAL P GOLDMANChairperson
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RONALD WOLLExecutive Vice President and Chief Operating Officer
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SCOTT KORNBLAUSenior Vice President and Chief Financial Officer
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Financial Data
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Financial data as of January 01, 2021 (12 month period) in USD
Annual Revenue
$733.69 million
USD
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Net Operating Cash | $8 | $9 | $232 |
| Net Investing Cash | -$170 | -$7 | -$448 |
| Net Financing Cash | $436 | -$0 | -$6 |
| Net Change in Cash | $274 | $2 | -$222 |
| Cash at Beginning of Period | $156 | $154 | $376 |
| Cash at End of Period | $430 | $156 | $154 |
| Capital Expenditure | -$190 | -$326 | -$222 |
| Assets (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $406 | $156 | $154 |
| Accounts Receivable | $116 | $200 | $160 |
| Inventories | $13 | $18 | $20 |
| Other Current Assets | $91 | $103 | $451 |
| Asset Summary | |||
| Total Current Assets | $625 | $477 | $786 |
| Tangible Fixed Assets | $4,123 | $5,153 | $5,184 |
| Intangible Assets | $ | $ | $ |
| Total Assets | $4,948 | $5,834 | $6,036 |
| Liabilities (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $33 | $69 | $44 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $168 | $234 | $193 |
| Liability Summary | |||
| Total Current Liabilities | $201 | $303 | $237 |
| Long-Term Debt | $ | $1,976 | $1,974 |
| Other Long-Term Liabilities | $2,736 | $276 | $136 |
| Total Liabilities | $2,966 | $2,602 | $2,451 |
| Stakeholder's Equity (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1 | $1 | $1 |
| Retained Earnings | $157 | $1,412 | $1,769 |
| Equity Summary | |||
| Total Equity | $1,983 | $3,232 | $3,585 |
| Shares Outstanding | 138,054,311 | 137,703,910 | 137,438,353 |
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