Diamond Offshore (DO) and Peers Decline on Pending Contract Terminations

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Go back to Diamond Offshore (DO) and Peers Decline on Pending Contract Terminations

Seadrill Ltd. (SDRL) Misses Q4 EPS by 30c

February 26, 2015 7:00 AM EST

Seadrill Ltd. (NYSE: SDRL) reported Q4 EPS of $0.32, $0.30 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.25 billion.

For earnings history and earnings-related data on Seadrill Ltd. (SDRL) click here.

... More

Diamond Offshore (DO) Sell Reiterated, Price Target Lowered to $23 at Deutsche Bank

February 24, 2015 12:57 PM EST

Deutsche Bank reiterated a Sell rating on Diamond Offshore (NYSE: DO) and lowered its price target to $23.00 (from $25.00). The change follows news contracts for six rigs have been canceled.

Commenting on developments, analyst Mike Urban said, "Diamond announced that contracts for... More