DO vs. NBR, HP, PTEN, PDS, BORR, HPK, RIG, VAL, DMLP, and SHLS
Should you be buying Diamond Offshore Drilling stock or one of its competitors? The main competitors of Diamond Offshore Drilling include Nabors Industries (NBR), Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Precision Drilling (PDS), Borr Drilling (BORR), HighPeak Energy (HPK), Transocean (RIG), Valaris (VAL), Dorchester Minerals (DMLP), and Shoals Technologies Group (SHLS). These companies are all part of the "oils/energy" sector.
Diamond Offshore Drilling (NYSE:DO) and Nabors Industries (NYSE:NBR) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, earnings, analyst recommendations, dividends, institutional ownership, valuation, risk and community ranking.
90.8% of Diamond Offshore Drilling shares are owned by institutional investors. Comparatively, 81.9% of Nabors Industries shares are owned by institutional investors. 0.7% of Diamond Offshore Drilling shares are owned by insiders. Comparatively, 7.1% of Nabors Industries shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Diamond Offshore Drilling currently has a consensus target price of $20.33, suggesting a potential upside of 54.04%. Nabors Industries has a consensus target price of $127.80, suggesting a potential upside of 65.54%. Given Nabors Industries' higher probable upside, analysts plainly believe Nabors Industries is more favorable than Diamond Offshore Drilling.
Nabors Industries received 154 more outperform votes than Diamond Offshore Drilling when rated by MarketBeat users. Likewise, 61.72% of users gave Nabors Industries an outperform vote while only 49.65% of users gave Diamond Offshore Drilling an outperform vote.
Nabors Industries has a net margin of -3.45% compared to Diamond Offshore Drilling's net margin of -4.23%. Diamond Offshore Drilling's return on equity of -5.04% beat Nabors Industries' return on equity.
Nabors Industries has higher revenue and earnings than Diamond Offshore Drilling. Diamond Offshore Drilling is trading at a lower price-to-earnings ratio than Nabors Industries, indicating that it is currently the more affordable of the two stocks.
Diamond Offshore Drilling has a beta of 1.28, indicating that its share price is 28% more volatile than the S&P 500. Comparatively, Nabors Industries has a beta of 2.33, indicating that its share price is 133% more volatile than the S&P 500.
In the previous week, Nabors Industries had 17 more articles in the media than Diamond Offshore Drilling. MarketBeat recorded 19 mentions for Nabors Industries and 2 mentions for Diamond Offshore Drilling. Diamond Offshore Drilling's average media sentiment score of 0.00 beat Nabors Industries' score of -0.26 indicating that Diamond Offshore Drilling is being referred to more favorably in the media.
Summary
Nabors Industries beats Diamond Offshore Drilling on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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