2 Nov 2020quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $98.6 million for the period ended 2020-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 Aug 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Senior Vice President - CFO Scott Lee Kornblau sold 671 shares at $0.23.
3 Aug 2020quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $144.8 million for the period ended 2020-06-30.
7 July 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Senior Vice President - CFO Scott Lee Kornblau disposed of 23,068 shares via option/appreciation-right settlement.
6 July 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. President and C.E.O. Marc Gerard Rex Edwards disposed of 82,860 shares via option/appreciation-right settlement.
2 July 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Senior Vice President - CFO Scott Lee Kornblau exercised stock options for 888 shares and disposed of 1,105 shares.
30 June 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Executive Vice President-COO Ronald Woll sold 57,372 shares at $0.25.
29 June 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. SVP, General Counsel and Sec David L Roland disposed of 16,103 shares via option/appreciation-right settlement.
29 June 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. VP and Chief Acct/Tax Officer Dominic A Savarino disposed of 16,938 shares via option/appreciation-right settlement.
29 June 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Executive Vice President-CCO Ronald Woll disposed of 25,114 shares via option/appreciation-right settlement.
9 June 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. VP and Chief Acct/Tax Officer Dominic A Savarino sold 2,744 shares.
18 May 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. President and C.E.O. Marc Gerard Rex Edwards sold 261,264 shares.
12 May 2020listing compliance notice● NeutralMajor
DIAMOND OFFSHORE DRILLING, INC.'s exchange filed to remove a class of its securities from listing.
8 May 2020director interest notice● Neutral
Dominic A Savarino became a DIAMOND OFFSHORE DRILLING, INC. VP and Chief Acct/Tax Officer and company insider (initial ownership filing).
8 May 2020substantial holder notice● Neutral
BlackRock, Inc reported no remaining DIAMOND OFFSHORE DRILLING, INC. shareholding in its periodic institutional filing.
8 May 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. director Paul G Gaffney sold 9,000 shares.
5 May 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Senior Vice President - CFO Scott Lee Kornblau sold 4,361 shares at $0.24.
5 May 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. SVP, General Counsel and Sec David L Roland sold 30,332 shares at $0.24.
4 May 2020quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $861.9 million for the period ended 2020-03-31.
28 Apr 2020bankruptcy or receivership▼ BadMajor
Following the April 26, 2020 Chapter 11 filing, the court approved the cases being run together and issued an interim order requiring anyone holding or seeking 4.5% or more of Diamond's stock to notify the court before buying or selling (final hearing May 27, 2020). NYSE Regulation also began proceedings to delist the stock, which Diamond does not plan to appeal and expects will move to OTC Pink quotation. The order itself says it does not change shareholders' rights under any eventual plan.
27 Apr 2020bankruptcy or receivership▼ BadMajor
Diamond Offshore and certain subsidiaries filed for Chapter 11 bankruptcy in Houston on April 26, 2020, with about $435 million of unencumbered cash to fund operations. This triggered default and acceleration of its notes (3.45% 2023, 7.875% 2025, 5.70% 2039, 4.875% 2043) and the 2018 revolver ($442 million outstanding), though collection is paused by the bankruptcy. The board also approved paying out part of 2018-2019 cash incentive awards to executives, and proposed new incentive and retention plans subject to court approval. The filing excerpt does not say what happens to shareholders' stock.
3 Apr 2020director interest notice● Neutral
DIAMOND OFFSHORE DRILLING, INC. Senior Vice President Thomas Roth exercised stock options for 6,238 shares and disposed of 7,758 shares.
23 Mar 2020substantial holder notice● Neutral
Loews Corporation reported a DIAMOND OFFSHORE DRILLING, INC. shareholding of 73,119,047 shares (53.10% of votes) in a periodic institutional filing.
19 Mar 2020debt financing▼ BadMajor
Diamond Offshore ended its old 2012 credit facility ($225 million still unmatured, nothing borrowed) and on March 17, 2020 drew $400 million on its $950 million 2018 facility. The filing says this was a precaution to increase cash and keep flexibility given COVID-19 market uncertainty; the borrowed money now carries a rate of 5.21% from March 20.
11 Feb 2020securities registration● Neutral
DIAMOND OFFSHORE DRILLING, INC. amended its automatic shelf registration statement.
11 Feb 2020securities registration● Neutral
DIAMOND OFFSHORE DRILLING, INC. amended an already-effective registration statement.
10 Feb 2020quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $74.8 million for the period ended 2019-12-31.
6 Feb 2020substantial holder notice● Neutral
CONTRARIUS INVESTMENT MANAGEMENT LIMITED disclosed a new substantial DIAMOND OFFSHORE DRILLING, INC. shareholding (9.60% of votes).
5 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a DIAMOND OFFSHORE DRILLING, INC. shareholding of 10,190,825 shares (7.40% of votes) in a periodic institutional filing.
28 Oct 2019quarterly activities report▼ Bad
DIAMOND OFFSHORE DRILLING, INC. reported a quarterly net loss of $95.1 million for the period ended 2019-09-30.