TheScreener - Diamond Offshore Drilling Inc. (DO) DIAMOND OFFSHR DRILL sees a downgrade to Negative on account of less fundamental stars

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DIAMOND OFFSHR DRILL sees a downgrade to Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of DIAMOND OFFSHR DRILL (US), active in the Oil Equipment & Services industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date August 18, 2020, the closing price was USD 0.21 and its target price was estimated at USD -0.05.

19/08/2020 6 EN

Underlying

Diamond Offshore Drilling Inc.

Diamond Offshore Drilling provides contract drilling services to the energy industry around the globe. The company's fleet enables it to provide services in the floater market on a worldwide basis. The company's contracts to provide offshore drilling services vary in their terms and provisions. The principal markets for the company's offshore contract drilling services are: the Gulf of Mexico, including the U.S., and Mexico; South America, principally offshore Brazil, and Trinidad and Tobago; Australia and Southeast Asia, including Malaysia, Indonesia, Myanmar and Vietnam; Europe, principally offshore the U.K., and Norway; East and West Africa; and the Mediterranean.

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US25271C1027 United States

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TheScreener

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DIAMOND OFFSHR DRILL sees a downgrade to Negative on account of less fundamental stars

Empowering Investors

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ENI capex cut but maintains shareholder returns

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AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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