David Roland - Diamond Offshore Senior Vice President General Counsel, Secretary

DO Stock  USD 13.01  0.53  3.91%   

President

Mr. David L. Roland is Senior Vice President, General Counsel and Secretary of the Company. Mr. Roland has served as our Senior Vice President, General Counsel and Secretary since September 2014. From April 2004 until joining us in 2014, Mr. Roland served as Senior Vice President, General Counsel and Corporationrationrate Secretary of ION Geophysical Corporationrationration, a NYSElisted geophysical company. since 2014.
Age 62
Tenure 10 years
Address 777 North Eldridge Parkway, Houston, TX, United States, 77079-4500
Phone281 492 5300
Webhttps://www.diamondoffshore.com
Roland holds a Bachelor of Business Administration degree from the University of Houston and a Juris Doctorate degree with Distinction from St. Mary University.

David Roland Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Roland against Diamond Offshore stock is an integral part of due diligence when investing in Diamond Offshore. David Roland insider activity provides valuable insight into whether Diamond Offshore is net buyers or sellers over its current business cycle. Note, Diamond Offshore insiders must abide by specific rules, including filing SEC forms every time they buy or sell Diamond Offshore'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Diamond Offshore Management Efficiency

The company has Return on Asset (ROA) of 0.018 % which means that for every $100 of assets, it generated a profit of $0.018. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0675) %, which implies that it produced no returns to current stockholders. Diamond Offshore's management efficiency ratios could be used to measure how well Diamond Offshore manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Diamond Offshore's Non Currrent Assets Other are very stable compared to the past year. As of the 18th of April 2024, Total Current Assets is likely to grow to about 860.4 M, while Total Assets are likely to drop about 1.6 B.
The company reports 700.55 M of total liabilities with total debt to equity ratio (D/E) of 0.69, which is normal for its line of buisiness. Diamond Offshore Drilling has a current ratio of 1.27, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist Diamond Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, Diamond Offshore's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diamond Offshore Drilling sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diamond to invest in growth at high rates of return. When we think about Diamond Offshore's use of debt, we should always consider it together with cash and equity.

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Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 1900 people. Diamond Offshore Drilling (DO) is traded on New York Stock Exchange in USA. It is located in 777 North Eldridge Parkway, Houston, TX, United States, 77079-4500 and employs 2,140 people. Diamond Offshore is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

Diamond Offshore Drilling Leadership Team

Elected by the shareholders, the Diamond Offshore's board of directors comprises two types of representatives: Diamond Offshore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diamond. The board's role is to monitor Diamond Offshore's management team and ensure that shareholders' interests are well served. Diamond Offshore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Diamond Offshore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Tisch, Independent Director
Anatol Feygin, Independent Director
Bernie Wolford, CEO President
Kevin Bordosky, Senior Relations
Marc Edwards, CEO and President Director and Member of Executive Committee
Terence Waldorf, Deputy VP
Samir Ali, IR Contact Officer
Karl Sellers, Senior Services
John Bolton, Independent Director
Ronald Woll, Executive Vice President and Chief Commercial Officer
Jon Richards, Senior Operations
Lyndol Dew, Sr. VP of Worldwide Operations
Tim Osburn, Chief Officer
Richard Male, Vice Marketing
Kelly Youngblood, CFO, Senior Vice President
Darren Daugherty, Director of Investor Relations
Raymond Troubh, Lead Independent Director
Clifford Sobel, Independent Director
Thomas Roth, Senior Vice President - Worldwide Operations
Paul Gaffney, Independent Director
Scott Kornblau, Chief Financial Officer, Senior Vice President, Treasurer
Peter McTeague, Independent Director
Kane Liddelow, Vice Marketing
James Tisch, Chairman of the Board
David Roland, Senior Vice President General Counsel, Secretary
Charles Fabrikant, Independent Director
Beth Gordon, Chief Accounting Officer and Controller
Herbert Hofmann, Independent Director
Neil Hall, QA HSE
Aaron Sobel, Vice Resources
Gary Krenek, CFO and Sr. VP
Edward Grebow, Lead Independent Director
Dominic Savarino, Senior CFO
Kenneth Siegel, Director
Stephen Elwood, VP Tax
Alan Howard, Independent Director

Diamond Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Diamond Offshore a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamond Offshore in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamond Offshore's short interest history, or implied volatility extrapolated from Diamond Offshore options trading.

Pair Trading with Diamond Offshore

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diamond Offshore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diamond Offshore will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Diamond Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Offshore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diamond Offshore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diamond Offshore Drilling to buy it.
The correlation of Diamond Offshore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diamond Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Offshore Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diamond Offshore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Diamond Offshore Drilling offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamond Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamond Offshore Drilling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamond Offshore Drilling Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Diamond Offshore's price analysis, check to measure Diamond Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Offshore is operating at the current time. Most of Diamond Offshore's value examination focuses on studying past and present price action to predict the probability of Diamond Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Offshore's price. Additionally, you may evaluate how the addition of Diamond Offshore to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Offshore. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.44)
Revenue Per Share
9.662
Quarterly Revenue Growth
0.346
Return On Assets
0.018
Return On Equity
(0.07)
The market value of Diamond Offshore Drilling is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Offshore's value that differs from its market value or its book value, called intrinsic value, which is Diamond Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Offshore's market value can be influenced by many factors that don't directly affect Diamond Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.