16 May 2022director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. President and CEO Bernie G. Wolford received a stock option grant for 389,230 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 May 2022director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Senior Vice President and CFO Dominic A Savarino received a stock option grant for 122,557 shares.
16 May 2022director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. SVP, General Counsel and Sec David L Roland received a stock option grant for 85,790 shares.
10 May 2022quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $34.4 million for the period ended 2022-03-31.
10 May 2022quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $34.4 million for the period ended 2022-03-31.
4 May 2022director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. director Benjamin Duster received a stock option grant for 10,135 shares.
3 May 2022director interest notice● Neutral
Benjamin Duster became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
2 May 2022quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $34.4 million for the period ended 2022-03-31.
6 Apr 2022director interest notice● Neutral
John Hollowell became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
5 Apr 2022director interest notice● Neutral
David L Roland became a DIAMOND OFFSHORE DRILLING, INC. SVP, General Counsel and Sec and company insider (initial ownership filing).
5 Apr 2022director interest notice● Neutral
Dominic A Savarino became a DIAMOND OFFSHORE DRILLING, INC. Senior Vice President and CFO and company insider (initial ownership filing).
5 Apr 2022director interest notice● Neutral
Bernie G. Wolford became a DIAMOND OFFSHORE DRILLING, INC. President and CEO and company insider (initial ownership filing).
4 Apr 2022director interest notice● Neutral
Ane Launy became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
4 Apr 2022director interest notice● Neutral
Patrick Carey Lowe became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
4 Apr 2022director interest notice● Neutral
Neal P Goldman became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
4 Apr 2022director interest notice● Neutral
Adam C Peakes became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
4 Apr 2022director interest notice● Neutral
Raj Iyer became a DIAMOND OFFSHORE DRILLING, INC. director and company insider (initial ownership filing).
29 Mar 2022listing compliance notice▲ GoodMajor
the exchange certified DIAMOND OFFSHORE DRILLING, INC.'s securities for listing, clearing them to begin trading.
10 Feb 2022listing compliance notice▼ Bad
DIAMOND OFFSHORE DRILLING, INC. withdrew a registration statement, abandoning the offering it covered.
30 Dec 2021material agreement● Neutral
On December 29, 2021, Diamond settled its dispute with shareholder Avenue Capital, which had sued in July 2021 to force an annual meeting and then tried to nominate directors for the January 21, 2022 meeting. Avenue's nominations notice and books-and-records demand are withdrawn, and Avenue agrees to a standstill and to vote for the board's slate; Diamond agrees that if certain board vacancies arise within a year it will appoint one Avenue-designated director. No admission of wrongdoing is made.
8 Nov 2021quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $5.2 million for the period ended 2021-09-30.
27 Aug 2021securities registration● Neutral
DIAMOND OFFSHORE DRILLING, INC. amended a filing by which it registered a securities offering with the SEC.
3 Aug 2021business combination● NeutralMajor
On August 3, 2021, Diamond's board set up an independent committee to explore strategic alternatives to maximize shareholder value, which could include staying standalone, buying assets or a business combination. Goldman Sachs and Milbank were hired as advisors; no timetable or decision has been made and there is no assurance of any transaction. This is a new thread for the company after emerging from bankruptcy.
22 June 2021securities registration● Neutral
DIAMOND OFFSHORE DRILLING, INC. registered a securities offering with the SEC.
10 May 2021quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $361.7 million for the period ended 2021-03-31.
22 Apr 2021securities registration● Neutral
DIAMOND OFFSHORE DRILLING, INC. amended a filing by which it applied to qualify a debt indenture with the SEC.
15 Apr 2021securities registration● Neutral
DIAMOND OFFSHORE DRILLING, INC. applied to qualify a debt indenture with the SEC.
14 Apr 2021bankruptcy or receivership▼ BadMajor
On April 8, 2021 the bankruptcy court confirmed Diamond's Second Amended Chapter 11 plan, resolving the plan question left open since April 2020. Existing common stock (138,054,311 shares as of Feb 4, 2021) is cancelled on the plan's effective date, with holders receiving only a pro rata share of new warrants; senior noteholders get 70% of new equity and unsecured creditors are paid in full or unimpaired. Diamond is targeting an effective date around April 23, 2021, without assurance.
12 Feb 2021substantial holder notice● Neutral
CONTRARIUS INVESTMENT MANAGEMENT LIMITED reported a DIAMOND OFFSHORE DRILLING, INC. shareholding of 13,255,994 shares (9.60% of votes) in a periodic institutional filing.
25 Jan 2021material agreement▼ BadMajor
On January 22, 2021, Diamond signed a Plan Support Agreement with some holders of its senior notes (2023, 2025, 2039, 2043) and some lenders under its revolving credit facility, laying out how it would exit Chapter 11. Senior noteholders would receive 70% of the new equity (plus a further 30% for those funding the new exit notes), the revolver would be refinanced by new exit facilities, and unsecured creditors would be paid in full or left unimpaired. Existing common stock would be cancelled, with existing holders receiving only warrants for 7% of the new common equity; the plan still needs court approval.