Here's What Diamond Offshore's Management Thinks You Should Know

Diamond Offshore (NYSE: DO) was able to pull something off last quarter that no other offshore driller has been able to do for at least two years: increase revenue. Some timely new rig contracts coupled with the retirement of several older rigs put Diamond in a great position for when the upturn in the offshore market comes. 

Here are a few snippets from the company's most recent conference call that highlight some of the things Diamond's management has done to position itself for the future, and what we can expect in the coming years. 

Image source: Getty Images.

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Source: Fool.com