Diamond Offshore Drilling Shares float
What is the Shares float of Diamond Offshore Drilling?
The Shares float of Diamond Offshore Drilling, Inc. is 64.888M 47.00%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Energy sector on OTC compared to Diamond Offshore Drilling
What does Diamond Offshore Drilling do?
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 13 offshore drilling rigs, including four drillships and nine semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas.
Companies with shares float similar to Diamond Offshore Drilling
- GMV Minerals has Shares float of 64.785M 92.33%
- Canarc Resource has Shares float of 64.788M 78.52%
- Ten Lifestyle Plc has Shares float of 64.791M 77.58%
- Nuvei has Shares float of 64.828M 97.01%
- PAION AG has Shares float of 64.835M 90.89%
- W Resources Plc has Shares float of 64.888M 48.77%
- Diamond Offshore Drilling has Shares float of 64.888M 47.00%
- Q BioMed has Shares float of 64.902M 92.30%
- Genus Plc has Shares float of 64.948M 98.75%
- PVH has Shares float of 64.948M 85.76%
- Alternate Health has Shares float of 64.952M 83.39%
- Atlas Mara has Shares float of 64.999M 43.93%
- Hornby Bay Mineral Exploration has Shares float of 65.000M 61.11%