Deep Sea Driller Diamond Offshore Drilling reported lower first quarter profits before the market Monday. Revenue fell 20% as day rates for deep water drilling rigs fell.
Highlights of Oil & Gas Energy Earnings Reports This Week
Another big energy company earnings this week including shale plays $FANG $EOG and $DVN, offshore drillers $DO and $RIG, Independents $MRO and $APA and Natural gas $CHK. Catch up on all the energy earnings you may have missed.
Offshore Driller Transocean $RIG Beats on Earnings and Revenue
Transocean $RIG, the world’s largest offshore drilling contractor and leading provider of drilling management services released better than expected 2Q17 results on Wednesday.
Diamond Offshore Drilling Swings to Profit on Ultra Deepwater Contracts, $DO up 5%
Deep Sea Driller Diamond Offshore Drilling $DO swung to profit in the second quarter 2017 on Monday buoyed by Ultra-Deepwater contracts. $DO is up 5% on the earnings.