|Day Low/High||7.29 / 7.57|
|52 Wk Low/High||5.25 / 20.85|
The company's newer fleet of rigs gives it a big advantage in a tough market.
Catch up on Jim Cramer's thinking over the last week about some real irony in Friday's market leaders and why management execution matters.
Stocks with insider trader activity include MPWR, DO and AER
Stocks close mixed, with the S&P 500 virtually unchanged. The Dow Industrials ended just slightly lower and the tech-heavy Nasdaq managed to eke out some gains on Monday.
'Trouble is opportunity,' said Chairman James Tisch, citing disruption in the industry. 'Hopefully, Diamond will have occasion to grow its fleet by purchasing rigs at a discount.'
Seadrill is facing the dual challenges of falling commodity prices and an excess supply of drilling rigs.
Cramer is avoiding Armour Residential, says take the loss on Westport Innovations and think long term about Schlumberger.
The end of quantitative easing was supposed to create a laundry list of problems, Cramer says. It didn't happen.
The most recent short interest data has been released by the NASDAQ for the 10/15/2014 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Shares of Diamond Offshore Drilling (DO) are falling after the company was downgraded to 'sell' from 'neutral' at Goldman Sachs earlier on Monday.
Oil stocks are plummeting in early trading Monday as Goldman Sachs cut forecasts for Brent and West Texas Intermediate crude prices and downgrades a brace of stocks.
Here are today's top research calls.
I could have selected several others as well.
The bulls crushed the bears today in hand-to-hand combat, and Cramer gives 10 reasons why.
Shares of Diamond Offshore (DO) are higher after the company reported 2014 third-quarter revenues of $738 million.
Trade-Ideas LLC identified Diamond Offshore Drilling (DO) as a strong on high relative volume candidate
Some stocks are winners and others losers as the broader market makes big swings north and south.
Dan Dicker, energy contributor at TheStreet.com, talks to Brittany Umar about the latest drop in oil prices and where to invest in the oil and gas sector.
Dan Dicker, energy contributor at thestreet.com, talks to Brittany Umar about the latest drop in oil prices and where to invest in the oil and gas space.
Michael Kors, Mattel, Chesapeake Energy and Transocean were among the list of 15 worst-performing stocks in the S&P 500 Index last quarter.
Noble is the best bargain among offshore oil drillers. And in the next 12 to 18 months, its story is going to get even better with these two catalysts.
Diamond Offshore shares can still fall another 8% to 15% to around $30 or $32. Now's not the time to bet on the bottom.
A flooded offshore drilling market means that investors would be wise to secure any profits they have left in Ensco and wait for more clarity about the company's operations.
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