Diamond Offshore Drilling provides contract drilling services to the energy industry with a fleet of offshore drilling rigs. Co.'s fleet enables it to provide services in the floater market on a worldwide basis. The principal markets for Co.'s offshore contract drilling services are: the Gulf of Mexico, including the U.S., and Mexico; Canada; South America, principally offshore Brazil, and Trinidad and Tobago; Australia and Southeast Asia, including Malaysia, Myanmar and Vietnam; Europe, principally offshore the U.K.; East and West Africa; and the Mediterranean. Co.'s contracts to provide offshore drilling services vary in their terms and provisions. The DO YTD return is shown above.
The YTD Return on the DO YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether DO YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the DO YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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