FlynancialAnalyst
Posted - 1 day ago
$DO $1.48B mc $XLE name with an accumulation wk off rising 80 wk SMA. Relatively recent IPO 91.94% institutionally owned, up from 84.55% this time last year TrendEdge.app/asset/DO
IN0V8
Posted - 2 days ago
$DO Barclays raises target price to $22 from $21
DonCorleone77
Posted - 2 days ago
$DO Diamond Offshore price target raised to $22 from $21 at Barclays Barclays analyst Eddie Kim raised the firm's price target on Diamond Offshore to $22 from $21 and keeps an Overweight rating on the shares post the Q1 report. The message from the offshore drillers was clear - despite timing on some Petrobras contracts being pushed out a quarter or two, day rates for high-spec 7G drill ships are expected to grind higher this year and next, the analyst tells investors in a research note.
dig0715
Posted - 3 days ago
$DO Will the warrants start moving?
DonCorleone77
Posted - 4 days ago
@MaverikIT @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC @CycleTrade @bearcharts $DO - One of the few bright spots for me so far this morning:
epsguid
Posted - 5 days ago
$DO reported earnings of $0.25 via @eWhispers http://eps.sh/d/do
DonCorleone77
Posted - 5 days ago
$DO Is Momma gonna get some new shoes??? Diamond Offshore reports Q1 adjusted EPS 25c, consensus 0c Reports Q1 revenue $274.61M, consensus $267.42M. Bernie Wolford, Jr., President and Chief Executive Officer, stated, "The demand landscape remains compelling for our business. The high-specification deepwater rig supply-demand balance continues to tighten, which is resulting in strong contracting conditions that have already begun to benefit our fleet. The average contract dayrate across our fleet will notably increase as we transition to our recently awarded contracts."
Stock_Titan
Posted - 5 days ago
$DO Diamond Offshore Reports First Quarter 2024 Results
https://www.stocktitan.net/news/DO/diamond-offshore-reports-first-quarter-2024-1zilk2fr3drc.html
davooo
Posted - 1 week ago
$DO From OilPrice: According StanChart and their model, the fastest rate of stock draws in the first half of 2024 should happen in May and June, essentially meaning that we are now entering a key period for oil fundamentals that will determine whether the market will tighten further or disappoint. StanChart says the key metric to watch is global oil demand, which they have predicted will hit an all-time high of 103.1 mb/d in May and rise further to 103.8 mb/d in June. The analysts have forecast y/y demand growth at 1.62 mb/d in May and 1.74 mb/d in June. 🎂
sister
Posted - 04/29/24
$XOM they want you to think this can't fill that 123.75 gap again . . . don't be fooled w/125s next. $FANG $DO $OXY
Deadman3906
Posted - 04/29/24
$BIG $WEI $R $DO
davooo
Posted - 04/25/24
$DO From OilPrice: Positive notes for the bulls coming from StanChart, as they forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d. The commodity experts have predicted global inventory draws of 1.53 mb/d in May and 1.69 mb/d in June, tightening physical spreads significantly. StanChart also says that OPEC is unlikely to increase output in the near-term thanks to the stall in the oil price rally despite having room for at least 1 mb/d of extra OPEC output in Q3 without increasing inventories. 👋
hiloSF
Posted - 04/18/24
$DO retesting 200dEMA 👁️ ☕ 👆👇 👇🏽👇🏿 (Using chart program Pro+ 👉 https://tinyurl.com/mr299ytb )
Doingcokewearingcrownsss
Posted - 04/18/24
$DO $A $GAYMF $CUZ
davooo
Posted - 04/18/24
$DO The EIA is the most bullish on long-term oil demand, and has predicted a demand peak will come in 2050 while the OPEC Secretariat sees it coming five years earlier. Meanwhile, Standard Chartered has predicted global oil demand will hit 110.2 mb/d in 2030 and increase further to 113.5 mb/d in 2035. However, the commodity experts have not projected a demand peak beyond the end of their modeling horizon in 2035. According to StanChart, a structural long-term peak is very unlikely within 10 years 👍
Stock_Titan
Posted - 04/17/24
$DO DIAMOND OFFSHORE TO RELEASE FIRST QUARTER 2024 RESULTS
https://www.stocktitan.net/news/DO/diamond-offshore-to-release-first-quarter-2024-nah0qqlzk5kt.html
davooo
Posted - 04/17/24
$DO From OilPrice: Despite the IEA’s continued efforts to draw attention to the dire state of the energy industry and the need to make an imminent shift away from fossil fuels in favour of green alternatives, governments and private companies have continued to fund oil, gas and coal projects. Some are doing this because they view fossil fuels as necessary for energy security and others are doing it for the high revenues that oil and gas bring to the table. 👍
davooo
Posted - 04/13/24
$DO From OilPrice: The U.S. expects to hit more record highs The U.S. expects to hit more record highs for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050, which will produce a massive amount of greenhouse gas emissions. This strategy appears to be at odds with Biden’s ambitious climate pledges and could put Paris Agreement targets at risk on a global level. for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050.🤞🤞
davooo
Posted - 04/13/24
$DO From OilPrice: The U.S. expects to hit more record highs The U.S. expects to hit more record highs for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050, which will produce a massive amount of greenhouse gas emissions. This strategy appears to be at odds with Biden’s ambitious climate pledges and could put Paris Agreement targets at risk on a global level. for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050.🍀
NumberWang
Posted - 04/13/24
$do
Market Cap: 1B
Price/Sales: 1.46
Forward PE: 25.51
Profit Margin: -0.0454
Operating Margin: 0.16
#WatchList
davooo
Posted - 1 month ago
$DO From OilPrice: "THIS SUCKS"
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling by 3. U.S. drillers saw a total loss of rigs this year of 5.
The total rig count fell by 3 to 617 this week, compared to 751 rigs this same time last year.
🍨🍨
DonCorleone77
Posted - 1 month ago
$RIG $DO $VAL $TDW $NE Added back two more names this morning in addition to my core offshore holdings. I believe there is short term asymmetrical risk favoring the upside. However, as always, I can be very wrong and will need to manage the trade.
Deadman3906
Posted - 1 month ago
$DJT $DO $U $KNOW @Bat_Masterson ?
davooo
Posted - 1 month ago
$DO Now focus is on the OPEC+ meeting today, where members are expected to stay the course of limited oil production until the end of June, at least. This means persistently tight supply that will likely push prices higher still, especially as neither Ukraine has any intention to stop droning Russian refineries nor Israel has any intention of changing course in what increasingly seems like a war on all anti-Israel groups in the Middle East.
Even so, some analysts still expect lower prices—because of Chinese demand. “Brent oil futures should track closer to $75 to $80 a barrel in coming months given our view that China’s oil demand growth will disappoint,” Commonwealth Bank of Australia analyst Vivek Dhar told Bloomberg earlier today.
This is an interesting expectation given the latest manufacturing figures out of Beijing that showed a pickup in activity—for the first time in six months.
🙄
davooo
Posted - 03/31/24
$DO Upstream Expansion Fuels Optimism in the Oil & Gas Sector
With oil prices steadily rising, upstream operations stand to benefit greatly. Companies in this sector are preparing to capitalize on the current market conditions by increasing investments in exploration and production activities. The projected increase in upstream oil and gas spending in 2024 reflects the growing confidence about the industry's future trajectory. This increased confidence is not purely speculative but instead based on a practical assessment of the world's rising energy demand.🛻
davooo
Posted - 03/28/24
$DO Bullish on Energy
Commodity analysts at Standard Chartered have noted that energy markets kicked off the new year with an overly pessimistic view of oil demand, and sees an oil price rally unfolding in the coming months. StanChart estimates that January oil demand clocked in at 100.24 million barrels per day (mb/d), good for a 2.67 mb/d year-over-year increase and 0.25 mb/d higher than StanChart’s latest forecast. StanChart has now revised its earlier 2024 demand growth forecast to 1.69 mb/d from 1.64 mb/d previously. The analysts have also predicted a sustained period of inventory draws in H1-2024, with the cumulative draw coming in at 185 mb compared with a H1-2023 build of 230 mb. StanChart has predicted that global demand will hit a new all-time high of 103.01 mb/d in May, with June setting a new record at 103.62 mb/d while August demand is expected to be even higher at 104.31 mb/d. StanChart says tightening oil markets will continue to power the oil price rally!🌹🌹
davooo
Posted - 03/28/24
$DO The AI boom and Big Tech might be hogging all the media limelight right now, but the smart money is quietly piling into energy stocks. Indeed, the energy sector is the most crowded of all 11 U.S. market sectors, with the sector’s favorite benchmark, Energy Select Sector SPDR Fund (NYSEARCA:XLE) up 10.7% in the year-to-date compared to a 7.9% return by the Technology Select Sector SPDR Fund (NYSEARCA:XLK) and 9.4% gain by the S&P 500.
But not everybody is bothered by the energy sector’s huge momentum. Morgan Stanley remains pessimistic about the U.S. stock market overall; however, MS has upgraded energy stocks to overweight from neutral, noting that energy companies have lagged the performance of oil, and the sector is favorably valued.
“Taking the Fed’s recent messaging into account and assuming it is less concerned about inflation or looser financial conditions, commodity-oriented cyclicals and energy in particular could be due for a catch-up," they have said.
👍
Deadman3906
Posted - 03/22/24
$DO $ME $BABY
Deadman3906
Posted - 03/22/24
$D $IL $DO
