Noble Corp PLC

Noble Corp. Plc operates as a financing subsidiary and special purpose entity. The company was founded on October 16, 2020 and is headquartered in Altrincham, the United Kingdom.

Earnings data Q2 2020

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Noble Corp PLC reports strong Q4 performance and eyes growth opportunities in offshore drilling market

Noble Corp PLC's Q4 2022 earnings call highlighted strong performance, strategic strengths, key challenges, and growth opportunities in the offshore drilling sector.
The company's financial outlook for 2023, focus on shareholder value, and operational efficiency underscore its commitment to sustainable growth and profitability.
Addressing cost pressures, revenue targets, and operational enhancements will be crucial for Noble Corp to navigate market dynamics and drive long-term success.
Investor interest in operational details and financial guidance reflects confidence in Noble Corp's strategic direction and potential for value creation in the industry.

Noble Corp PLC reports robust Q1 performance and growth outlook

Noble Corp PLC's Q1 2023 showcased strong financials, operational resilience, and growth prospects.
While facing challenges in pricing and market uncertainties, the company aims for sustained performance.
Opportunities lie in expanding contracts, capitalizing on market optimism, and enhancing operational efficiency.
Overall, Noble Corp PLC's strategic focus on growth and shareholder returns sets a positive trajectory.

Noble Corp reports strong Q2 earnings, eyes growth in carbon capture and global markets

Noble Corp's Q2 showcased robust financial performance, contract wins, and strategic initiatives.
While facing challenges in certain markets and project costs, the company remains optimistic about future growth.
With a focus on dividends, brand loyalty, and market opportunities, Noble Corp is poised for continued success.

Noble Corp PLC reports robust Q3 earnings, eyes global UDW demand

Noble Corp PLC's Q3 performance reflects strength in revenue, EBITDA, and dividend growth. Challenges include cost inflation and limited capacity in certain regions. Opportunities lie in increasing UDW rig demand globally and maximizing margins. Positive outlook for the North Sea market and technology innovation are key highlights.

Noble Corp PLC reports strong Q4 earnings amidst market opportunities

Noble Corp PLC delivered strong financial performance in Q4 2023, with robust revenue and adjusted EBITDA figures, backed by a growing backlog and positive industry outlook.
While facing challenges like supply chain bottlenecks and longer contract negotiation periods, the company is poised to benefit from reactivations, rate appreciation, and operational synergies.
Opportunities lie in revenue growth through rig reactivations, margin improvements, and market expansion in offshore and deepwater drilling sectors.
Overall, Noble Corp PLC's strategic focus on operational efficiency, revenue enhancement, and market opportunities positions it well for future growth and profitability.

Noble Corp PLC reports strong Q3 performance and optimistic outlook

Noble Corp PLC's Q3 results reflect robust performance, driven by the successful Diamond Offshore acquisition and strong backlog additions.
The company's focus on capital returns, positive market outlook, and progress in integration present a promising outlook for future growth.
While challenges exist in maintaining momentum and operational integration, Noble Corp PLC is poised to leverage opportunities in the energy sector.
Investors can look forward to potential capital returns and increased profitability as the company navigates market dynamics and capitalizes on global energy demand.

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Noble Corp. Plc provides contract drilling services to the international oil and gas industry. The company was founded on October 16, 2020 and is headquartered in Sugar Land, TX.

Noble (NE)-owned Noble Venturer drillship is expected to drill two infill wells in Block G and an Akeng Deep ILX well in Block S offshore Equatorial Guinea.

Noble (NE) Inks Offshore Drilling Contract With Trident Energy

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Oil prices are below where the offshore drilling sector needs them. But Guyana's oil patch awaits.

Consolidation In The Offshore Drilling Sector Is Underway. But Will Oil Prices Support Deep-Sea Demand?

The Noble (NE)-Diamond Offshore (DO) transaction comes at a time when the offshore drilling market is benefiting from increased exploration and production spending.

Oilfield Service Firms Latest to Jump on the M&A Bandwagon

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diamond Offshore Drilling, Inc. (NYSE: DO) to Noble Corporation plc (NYSE: NE). Under the terms of the proposed transaction, shareholders of Diamond will receive $5.65 in cash and 0.2316 shares of Noble for each share of Diamond that they own. KSF is seeking to determine whether this consideration and the proc.

DIAMOND OFFSHORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond Offshore Drilling, Inc. - DO

Noble's (NE) merger with Diamond Offshore (DO) is expected to position the former as a leader in offshore drilling services, owning a giant fleet of 41 rigs and a contract backlog of $6.5 billion.

Noble (NE) to Acquire Diamond Offshore, Expand Drilling Fleet

NEW YORK , June 10, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Diamond Offshore Drilling, Inc. (NYSE: DO) and its board of directors concerning the proposed acquisition of the company by Noble Corporation plc (NYSE: NE). Stockholders will receive $5.65 and 0.2316 shares of Noble Corporation common stock for each share of Diamond Offshore Drilling stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Diamond Offshore Drilling, Inc.

If Noble's bid for Diamond Offshore goes through, it will create one of the world's largest offshore drilling companies.

Noble To Buy Diamond Offshore Drilling: What To Know

Consolidation in the oil industry continues, with offshore drilling contractor Noble Corp. on Monday announcing a cash-and-stock deal for rival Diamond Offshore Drilling.

Driller Noble to buy Diamond Offshore for $1.6 billion

Offshore drilling contractor, Noble Corporation (NYSE:NE, CSE: NOBLE) has struck a deal to take over Diamond Offshore Drilling for around $1.6 billion in shares and cash.  Diamond shareholders will receive 0.2316 Noble shares and cash of $5.65 per share for each share they own stock, which would combine to give Diamond shareholders a 14.5% stake in the enlarged Noble.

Noble Corp agrees $1.6bn takeover of rival Diamond Offshore Drilling

Noble Corporation plc announced on Monday that it will acquire Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion. Noble will pay $5.65 per share, representing an 11.4% premium over Diamond Offshore's recent share price.

Noble Corporation acquires Diamond Offshore Drilling in $1.6-billion deal

Noble Corp will buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal worth around $1.59 billion, the latest in a series of buyouts in a sector undergoing massive consolidation.

US oil driller Noble Corp to buy Diamond Offshore for about $1.6 bln

SUGAR LAND, Texas , June 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE: DO) announced today that they have entered into a definitive merger agreement under which Noble will acquire Diamond in a stock plus cash transaction. As part of the transaction, Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.65 per share for each share of Diamond stock, representing an 11.4% premium to closing stock prices on June 7, 2024.

Noble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.

Noble's (NE) contract with Harbour Energy (HBRIY) entails the construction of a CNS platform in the United Kingdom.

Noble (NE) Inks Deal With Harbour for Well Intervention Work

Noble Corporation plc (NYSE:NE ) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Ian MacPherson - VP, IR Robert Eifler - President & CEO Richard Barker - CFO Blake Denton - SVP, Marketing & Contracts Joey Kawaja - SVP, Operations Conference Call Participants Kurt Hallead - Benchmark Eddie Kim - Barclays Greg Lewis - BTIG David Smith - Pickering Energy Partners Doug Becker - Capital One Noel Parks - Tuohy Brothers Operator Good morning, and thank you for standing by. My name is Abby, and I'll be your conference operator today.

Noble Corporation plc (NE) Q1 2024 Earnings Call Transcript

Noble Corporation PLC (NE) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.19 per share a year ago.

Noble Corporation PLC (NE) Q1 Earnings Miss Estimates

Net Income of $95 million, Diluted Earnings Per Share of $0.66, Adjusted EBITDA of $183 million, cash provided by operating activities of $129 million, and Free Cash Flow of $(38) million. 2024 major projects tracking on schedule ahead of key contract commencements in Q2 and Q3.

NOBLE CORPORATION PLC ANNOUNCES FIRST QUARTER 2024 RESULTS

SUGAR LAND, Texas , April 19, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announces plans to report financial results for the first quarter 2024 on Monday May 6, 2024 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com.

Noble Corporation plc to announce first quarter 2024 results

Adjusted for reimbursable and one-time items, Noble Corporation reported in-line Q4/2023 results, highlighted by decent free cash flow generation. Backlog remains near multi-year highs, with approximately 77% attributable to the company's floater fleet. However, Noble provided weaker-than-expected 2024 guidance as a material number of rigs is experiencing or facing near-term idle time.

Noble Corporation: Investors Should Look Beyond Mediocre 2024 Guidance - Buy

SUGAR LAND, Texas , April 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) hereby announces the publication of its proxy statement and notice to convene its annual general meeting for 2024.  The annual general meeting will be held on May 21, 2024 at 10:00 a.m.

Noble Corporation plc publishes proxy statement and notice to convene its 2024 annual general meeting

Noble's (NE) drillship, Noble Voyager, is set to drill one additional well off the coast of Suriname, following the option exercised by Petronas Suriname E&P.

Noble (NE) Secures Additional Work With Petronas in Suriname

SUGAR LAND, Texas , March 31, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (NYSE: NE, CSE: NOBLE) today announces changes to its share capital. During the period since February 29, 2024, 30,833 new A ordinary shares each with a nominal value of USD 0.00001 have been issued.

Noble Corporation plc announces changes to its share capital for the month of March 2024

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SUGAR LAND, Texas , Feb. 29, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. During the period since January 31, 2024, 2,006,120 new A ordinary shares each with a nominal value of USD 0.00001 have been issued.

Noble Corporation plc announces changes to its share capital for the month of February

SUGAR LAND, Texas , Feb. 23, 2024  /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) hereby announces the publication of its Annual Report on Form 10-K for the financial year ended December 31, 2023 (the "Annual Report"). The Annual Report has today been filed with the U.S. Securities and Exchange Commission and is available at https://bit.ly/49N1dBY.

News for Noble Corp PLC Stock (NE)