Event-Driven Stocks

DIAMOND OFFSHORE DRILLING, INC.

DO, DODRW

Energy · Drilling Oil & Gas Wells · DE · SEC filings ↗ · Compare ⊕

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Signs4 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$1.06B$841.3M$169.4M$733.7M$980.6M$1.08B
Operating income$51.1M−$63.4M−$327.1M−$1.15B−$282.3M−$112.2M
Net income−$44.7M−$103.2M−$1.96B−$1.25B−$357.2M−$180.3M
Total assets$1.71B$1.53B$1.72B$4.95B$5.83B$6.04B
Total liabilities$1.07B$848.3M$763.7M$2.97B$2.60B$2.45B
Equity$644.9M$679.7M$934.8M$1.98B$3.23B$3.58B
EPS (diluted)$-0.44$-1.03$-14.21$-9.09$-2.60$-1.31
Shares out.101.3M100.1M138.1M137.7M137.4M137.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
4.8%
Net margin
−4.2%
Return on equity
−6.9%
Return on assets
−2.6%
Return on capital (ROCE)
3.6%
Liabilities / assets
62.3%
Debt / equity
1.66×
Book value / share
$6.36
Revenue growth (YoY)
25.5%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
0.83distress
Accruals / assets
3.3%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
65
/ 100
Profitability 40Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe1 warning4 good
  • Altman Z″ in the distress zone
  • Reported a net loss
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
1 acquisitions5 disposalsnet 197,831 shares · last 6
InsiderDateTypeSharesPrice
Richards Jon L.Officer — SVP &amp; Chief Operating OfficerSep 4, 2024D87,473
Wolford Bernie G.Officer — President and CEOSep 3, 2024Sell26,000$14.11
Savarino Dominic AOfficer — Senior Vice President and CFOSep 4, 2024D72,534
Roland David LOfficer — SVP, General Counsel and SecSep 3, 2024Sell8,000$14.11
Wolford Bernie G.Officer — President and CEOAug 1, 2024Sell34,000$16.42
Savarino Dominic AOfficer — Senior Vice President and CFOJul 25, 2024Grant30,176

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)