diamond offshore drilling

Loews Corporation (NYSE: L) reported its fourth quarter results early Monday morning. The company earned $0.72 per share in the quarter on revenue of $3.33 billion. Wall Street analysts were expecting the commercial property and casualty insurance company to earn $0.78 per share on revenue of $...

Global Hunter is out with its report today on Diamond Offshore Drilling (NYSE: DO), lowering its PT from $72 to $71. In a note to clients, Global Hunter writes, "We apply a 6.2x multiple to our 2012 EBITDA of $1.67 billion for our price target of $71, which is down slightly from our prior target...

Duncan-Williams upgraded its rating on Diamond Offshore Drilling (NYSE: DO) from Neutral to Buy. The new price target was set to $86.25. In a research report published today, Duncan-Williams underlined better than expected Q1 results as a reason for this upgrade. In the report, Duncan-Williams...

Jefferies is out with its report today on Diamond Offshore Drilling (NYSE: DO), maintaining Hold. In a note to clients, Jefferies writes, "Despite a solid EPS beat and increase in our 2011 EPS estimate, we maintain our neutral view on DO as we believe DO will be challenged to grow earnings over...

According to Duncan-Williams, Diamond Offshore Drilling (NYSE: DO) reported first quarter earnings of $1.79 per share soundly beating the consensus estimate of $1.43 per share and its estimate of $1.52 per share on revenues of $806 million. Duncan-Williams said that Diamond incurred only 168 days...

Susquehanna has initiated the following companies with a Neutral rating: Diamond Offshore Drilling (NYSE: DO) Rowan Companies (NYSE: RDC)

Citigroup has published a research report on Diamond Offshore Drilling (NYSE: DO) as GOM delays continue causing Citi to lower estimates for 2011. In the report, Citigroup writes "DO reported incremental gains in today's fleet status report with short-term rig assignments in the GOM, Mexico, and...

Citigroup has raised the price target on Diamond Offshore Drilling (NYSE: DO) from $86 to $90 and maintains its Buy rating.

Jefferies is upgrading Diamond Offshore Drilling, Inc. (NYSE: DO) to Hold from Underperform “as we believe the midwater and deepwater rig markets, where the Company's fleet is primarily exposed, are likely to hold up better in 2011 and 2012 than the market's more bearish expectations.” “That said,...

JP Morgan has published a research report on Offshore Drillers in the Oil Services & Equipment sector. In the report, JP Morgan writes "We believe this group will continue to underperform. After assessing the most current data on newbuilds, fixtures, the Gulf of Mexico, and dayrates, not a...

Sterne Agee has published a research report on Diamond Offshore Drilling (NYSE: DO) as it crafts its weigh-in on 2012 EPS and adjusts estimates. In the report, Sterne Agee writes "4Q10 costs guidance of $380 – $390 million, largely due to deferred costs from 3Q10 guidance. Drilling costs came in at...