Diamond Offshore Drilling, Inc. (DO) EPS Estimated At $-0.19; Vaalco Energy (EGY) Sentiment Is 0.89

April 23, 2018 - By Adrian Mccoy

Diamond Offshore Drilling, Inc. (NYSE:DO) Logo

Vaalco Energy Inc (EGY) investors sentiment increased to 0.89 in 2017 Q4. It’s up 0.31, from 0.58 in 2017Q3. The ratio is positive, as 16 investment professionals started new and increased holdings, while 18 cut down and sold stakes in Vaalco Energy Inc. The investment professionals in our database now own: 19.66 million shares, up from 18.44 million shares in 2017Q3. Also, the number of investment professionals holding Vaalco Energy Inc in top ten holdings was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 10 Increased: 11 New Position: 5.

Analysts expect Diamond Offshore Drilling, Inc. (NYSE:DO) to report $-0.19 EPS on April, 30 before the open.They anticipate $0.36 EPS change or 211.76% from last quarter’s $0.17 EPS. After having $-0.05 EPS previously, Diamond Offshore Drilling, Inc.’s analysts see 280.00% EPS growth. The stock decreased 2.72% or $0.53 during the last trading session, reaching $18.97. About 1.53M shares traded. Diamond Offshore Drilling, Inc. (NYSE:DO) has declined 5.41% since April 23, 2017 and is downtrending. It has underperformed by 16.96% the S&P500.

Investors sentiment decreased to 0.9 in Q4 2017. Its down 0.39, from 1.29 in 2017Q3. It worsened, as 40 investors sold Diamond Offshore Drilling, Inc. shares while 66 reduced holdings. 40 funds opened positions while 55 raised stakes. 144.48 million shares or 3.73% less from 150.07 million shares in 2017Q3 were reported. Point72 Asset Management L P reported 350,000 shares. Bancorporation Of Montreal Can owns 152,101 shares for 0% of their portfolio. Meeder Asset Management Inc holds 0% or 266 shares. State Bank Of Ny Mellon reported 1.61M shares. 540,731 are owned by Gotham Asset Mngmt Ltd. Ameritas Invest has invested 0.02% of its portfolio in Diamond Offshore Drilling, Inc. (NYSE:DO). Thrivent Financial For Lutherans holds 0% or 13,976 shares in its portfolio. Deutsche National Bank Ag has 487,974 shares for 0.01% of their portfolio. Clearbridge Invs Ltd Limited Liability Company holds 2,645 shares. Citigroup Incorporated accumulated 179,416 shares or 0% of the stock. Lafayette Invests holds 0.49% of its portfolio in Diamond Offshore Drilling, Inc. (NYSE:DO) for 73,144 shares. Sheffield Asset Limited Liability Company reported 296,090 shares. 13,901 are held by Virtu Ltd Liability Corp. Balyasny Asset Mgmt Ltd Liability Company holds 0.02% or 300,000 shares in its portfolio. Federated Invsts Pa holds 0.01% of its portfolio in Diamond Offshore Drilling, Inc. (NYSE:DO) for 199,211 shares.

Among 36 analysts covering Diamond Offshore Drilling Inc. (NYSE:DO), 6 have Buy rating, 13 Sell and 17 Hold. Therefore 17% are positive. Diamond Offshore Drilling Inc. has $26 highest and $9.33 lowest target. $16.64’s average target is -12.28% below currents $18.97 stock price. Diamond Offshore Drilling Inc. had 93 analyst reports since August 5, 2015 according to SRatingsIntel. Susquehanna maintained it with “Hold” rating and $15.0 target in Tuesday, February 13 report. The firm has “Hold” rating given on Thursday, January 11 by Cowen & Co. The stock has “Hold” rating by Piper Jaffray on Tuesday, September 19. Jefferies maintained Diamond Offshore Drilling, Inc. (NYSE:DO) rating on Monday, October 30. Jefferies has “Hold” rating and $15.0 target. The firm has “Sell” rating by Citigroup given on Thursday, October 12. RBC Capital Markets maintained it with “Hold” rating and $15.0 target in Friday, October 6 report. The firm has “Sell” rating given on Wednesday, September 21 by Goldman Sachs. Cowen & Co maintained the shares of DO in report on Wednesday, August 5 with “Market Perform” rating. The company was upgraded on Tuesday, September 20 by Evercore. Cowen & Co maintained the stock with “Hold” rating in Thursday, March 15 report.

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company has market cap of $2.61 billion. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. It has a 145.92 P/E ratio. The firm operates a fleet of 24 offshore drilling rigs, which comprise 4 drillships, 8 ultra-deepwater, 6 deepwater, 5 mid-water semisubmersibles, and 1 jack-up rig.

The stock 0.37% or $0 during the last trading session, reaching $0.97. It is down 4.01% since April 23, 2017 and is uptrending. It has underperformed by 7.54% the S&P500.

Tieton Capital Management Llc holds 1.76% of its portfolio in VAALCO Energy, Inc. for 2.94 million shares. Wilen Investment Management Corp. owns 1.10 million shares or 0.49% of their US portfolio. Moreover, Kornitzer Capital Management Inc Ks has 0.06% invested in the company for 5.24 million shares. The Oklahoma-based Pinnacle Holdings Llc has invested 0.04% in the stock. Ancora Advisors Llc, a Us-based fund reported 576,091 shares.

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces natural gas and crude oil in the United States. The company has market cap of $57.10 million. The firm conducts exploration activities as a non-operator in Equatorial Guinea, West Africa. It has a 6.1 P/E ratio. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa; and undeveloped leasehold acreage in Montana.

Diamond Offshore Drilling, Inc. (NYSE:DO) Institutional Positions Chart

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