Diamond Offshore Drilling News

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The company through its subsidiaries, is engaged in the business of commercial property and casualty insurance; providing offshore drilling services to the energy industry; exploration and production of natural gas; operation of interstate natural gas pipeline systems; and operation of hotels and resorts.

The market continues to treat energy shares, especially oil service providers, quite unkindly.

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.

Good morning. Our next presenter is David Williams who is the Chairman, President and CEO of Noble Corporation, positions he has held since January 2008.

Shares of Diamond Offshore Drilling opened at 60.35 on Tuesday. Diamond Offshore Drilling has a one year low of $51.16 and a one year high of $74.07. The company has a market cap of $8.390 billion and a P/E ratio of 9.36. Diamond Offshore Drilling last issued its quarterly earnings data on Thursday, April 19th.

Fairmount Marine's tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US .

The firm currently has an "underweight" rating on the stock. The analysts wrote, "As part of an ongoing series of technology deep-dives, our Digest this week focuses on artificial lift, one of the most cost-effective ways to increase oil productiona and one of the few product lines with pricing power in North America right now.

Federal approval will be required, said Exxon Wednesday, before restarting its damaged North Line pipeline in Louisiana, remarking that it's "still premature to speculate" on the date and time for such an event.

Among the stocks that could see active trade in Thursday's session are Cisco Systems Inc., Tilly's Inc.

Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd.

Contract driller Rowan Cos beat analysts' profit estimates for the first time in three quarters as revenue jumped, and the company said it has received positive reactions from potential customers for its ultra-deepwater drillships.

's stock had its "neutral" rating reiterated by Zacks in a note issued to investors on Monday.

James S. Tisch - Chief Executive Officer, President, Member of Office of the President, Director, Member of Executive Committee, Member of Finance Committee, Chairman of Diamond Offshore and Director of CNA Ladies and gentlemen, thank you for standing by, and welcome to the Loews First Quarter 2012 Earnings Call.