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

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