---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-133714"
form_type: "8-K"
ticker: null
cik: "0000949039"
company_name: "DIAMOND OFFSHORE DRILLING, INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T15:15:27.486685+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Diamond Offshore Q1 net income $11.6M ($0.11/diluted); backlog $1.9B; secured $731M in contracts YTD

## Summary
- Q1 revenue $274.6M vs $297.6M in Q4 2023; adjusted net income $25.4M ($0.25/diluted) vs loss in prior quarter.
- Year-to-date contract awards total $731M, including $713M in Q1 for two-year extensions for Ocean BlackLion and BlackHornet.
- Post-quarter, signed ~$18M one-well contract for Ocean BlackRhino; prepaid before commencement.
- Ocean GreatWhite repairs on schedule; expected back on location in first half of June.
- Secured marketing rights for three 7th-gen drillships (West Dorado, West Draco, Tidal Action) in Brazil, West Africa, and US GOM.

## SEC filing metadata
- accession: 0001193125-24-133714
- form_type: 8-K
- cik: 0000949039
- company_name: DIAMOND OFFSHORE DRILLING, INC.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/949039/000119312524133714/0001193125-24-133714-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/949039/000119312524133714/d50266d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-133714
- JSON: https://secwatch.observer/filing/0001193125-24-133714.json
- Plain text: https://secwatch.observer/filing/0001193125-24-133714.txt

## Key facts
- Earnings Releases
  DIAMOND OFFSHORE DRILLING, INC. reported first quarter of 2024 results: revenue $274,610, net income $11,612, EPS 0.11.
  - Period: first quarter of 2024
  - Revenue: $274,610
  - Net income: $11,612
  - EPS: 0.11
  - Result: reported results
  source text: reported the following results for the first quarter of 2024: Three Months Ended Thousands of dollars, except per share data March 31, 2024 December 31, 2023 Total revenues $ 274,610 $ 297,637 Operating income 21,813 44,915 Net income (loss) 11,612 (145,702 ) Income (loss) per diluted share 0.11 (1.42 ) Adjusted operating income 31,813 44,915 Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/949039/000119312524133714/0001193125-24-133714-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.