| Business Summary | | Diamond
Offshore
Drilling,
Inc.
engages
principally
in
the
contract
drilling
of
offshore
oil
and
gas
wells.
The
Company
specializes
in
deep
water
drilling
with
a
fleet
of
45
offshore
rigs.
The
fleet
consists
of
30
semisubmersibles,
14
jack-ups
and
one
drillship.
The
Company,
through
its
wholly
owned
subsidiary,
Diamond
Offshore
Team
Solutions,
Inc.,
offers
a
portfolio
of
drilling
services
to
complement
the
Company's
offshore
contract
drilling
business.
These
services
include
overall
project
management,
extended
well
tests,
and
drilling
and
completion
operations.
The
Company
provides
its
offshore
drilling
services
to
a
customer
base
that
includes
major
and
independent
oil
and
gas
companies
and
government-owned
oil
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Diamond
Offshore
Drilling
engages
in
the
worldwide
contract
drilling
of
offshore
oil
and
gas
wells,
and
deep
water
drilling.
For
the
six
months
ended
6/30/01,
revenues
rose
39%
to
$432.6
million.
Net
income
before
extraordinary
item
totalled
$88.3
million,
up
from
$33.1
million.
Revenues
reflect
new
drilling
programs
and
increased
dayrates
for
high
specification
floaters
and
jack-ups.
Earnings
reflect
improved
operating
efficiencies
and
a
$12.9
million
gain
on
the
sale
of
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Tisch, 48 Chairman
and CEO | $314K | Lawrence Dickerson, 48 Pres,
COO | 627K | Gary Krenek, 42 CFO,
VP | -- | David Williams, 43 Exec.
VP | 517K | Rodney Eads, 49 Sr.
VP of Worldwide Operations | 364K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|