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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Earnings data Q4 2024

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 Corporation plc (NE) Q4 2023 Earnings Call Transcript

Full Year 2023 Net Income of $482 million, Adjusted EBITDA of $810 million, cash provided by operating activities of $574 million, and Free Cash Flow of $184 million. Fourth Quarter Net Income of $150 million, Adjusted EBITDA of $201 million, cash provided by operating activities of $287 million, and Free Cash Flow of $165 million.

NOBLE CORPORATION PLC ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS

SUGAR LAND, Texas , Feb. 6, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces that the persons listed below (the "PDMRs") have conducted transactions in the A ordinary shares of Noble each with a nominal value of USD 0.00001. Further details are set out in the notifications below, made in accordance with the requirements of article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the "Market Abuse Regulation") as amended.

Reporting of transactions made by persons discharging managerial responsibilities

Noble Corporation's stock price has experienced volatility due to the impacts of production cuts and oil prices. The company operates as an offshore drilling contractor with operations in the North Sea and partnerships with major players in the industry.

Noble Corporation: Quality Backlogs With Room To Grow

SUGAR LAND, Texas , Feb. 1, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announces plans to report financial results for the fourth quarter and full year 2023 on Thursday, February 22, 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 fourth quarter and full year 2023 results

SUGAR LAND, Texas , Jan. 31, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. During the period since December 31, 2023, 5,656 new A ordinary shares each with a nominal value of USD 0.00001 have been issued to certain employees of Noble at no cost as a result of the vesting of restricted stock units.

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

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Noble (NE) and Petronas Suriname E&P have agreed on a rig swap deal for drilling one well in Block 52, offshore Suriname.

Noble (NE) and Petronas Extend Contract, Agree to Rig Swap

SUGAR LAND, Texas , Dec. 30, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. During the month of December, Noble has repurchased approximately USD 15 million of A ordinary shares under its previously announced share repurchase plan at a weighted average price of USD 45.03 per A ordinary share and a total of 329,069 repurchased A ordinary shares have been cancelled.

Noble Corporation plc announces changes to its share capital including share repurchases for the month of December 2023

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Offshore rig company Noble Corporation could lock in record high contract rates in 2024 for most of its fleet.  Clearway Energy has all the power it needs to secure high-end dividend growth through 2026.

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SUGAR LAND, Texas , Nov. 30, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. During the period since October 31, 2023, 32,238 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 November 2023

SUGAR LAND, Texas , Nov. 26, 2023 /PRNewswire/ -- Pursuant to Section 30 of the Danish Capital Markets Act, Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces that Noble between June and September 2023 received several major shareholder notifications from BlackRock, Inc. ("BlackRock") regarding the fact that BlackRock's indirect holdings of shares and voting rights in Noble either separately or together with other financial instruments according to Section 39(2)(1) of the Danish Capital Markets Act corresponded to either more than or less than 5% of the total share capital and voting rights of Noble. The major shareholder notifications received from BlackRock during the period between June and September 2023 have been attached to this announcement.

Noble Corporation plc announces major shareholder notification

SUGAR LAND, Texas , Nov. 22, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announced that the Company's Board of Directors has appointed H. Keith Jennings to serve as a director.

Noble Corporation announces new director appointment

Leading offshore driller Noble Corporation reported strong Q3 results with revenues and profitability reaching new multi-year highs. The company raised full-year guidance and increased its quarterly dividend by 33% to $0.40 per share. Cash generation was impacted by higher working capital requirements, and Noble warned of more near-term white space in the company's contracting schedule.

Noble Corporation: Strong Quarter, Raised Guidance, Undemanding Valuation - Buy

Noble Corporation Plc (NYSE:NE ) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET Company Participants Ian Macpherson - Vice President, Investor Relations Robert Eifler - President & Chief Executive Officer Richard Barker - Chief Financial Officer Blake Denton - Senior Vice President, Marketing & Contracts Conference Call Participants Eddie Kim - Barclays Kurt Hallead - Benchmark Gregory Lewis - BTIG Pelle Bibow - Clarksons Securities David Smith - Pickering Energy Partners Operator Thank you for standing by. My name is Bailey and I will be the conference operator today.

Noble Corporation Plc (NE) Q3 2023 Earnings Call Transcript

Increasing quarterly dividend to $0.40 per share in the fourth quarter. Net Income of $158 million, Diluted Earnings Per Share of $1.09, Adjusted EBITDA of $283 million, cash provided by operating activities of $139 million, and Free Cash Flow of $40 million.

NOBLE CORPORATION PLC ANNOUNCES THIRD QUARTER 2023 RESULTS AND DIVIDEND INCREASE

SUGAR LAND, Texas , Oct. 22, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announces plans to report financial results for the third quarter 2023 on Tuesday October 31, 2023 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 third quarter 2023 results

Noble Corporation's shares have risen by about 50% over the past year, reflecting the recovery in the offshore drilling sector. The company reported solid financial results, with adjusted EPS of $0.38 and $104 million of free cash flow generated during the quarter. Noble has a strong backlog of contracts and is well-positioned to benefit from the increasing demand for offshore rigs, particularly in deep and ultradeep waters.

Noble Corporation Can Rise Further As Offshore Rig Capacity Remains Scarce

Noble Corporation Plc (NYSE:NE ) Q2 2023 Results Conference Call August 3, 2023 9:00 AM ET Company Participants Robert Eifler - President and CEO Richard Barker - CFO Blake Denton - SVP, Marketing and Contracts Joey Kawaja - SVP, Operations Conference Call Participants Kurt Hallead - RBC Capital Markets Eddie Kim - Barclays Greg Lewis - BTIG David Smith - Smith Pickering Energy Partners Operator Good morning. My name is Jeremy, and I will be the conference operator today.

Noble Corporation Plc (NE) Q2 2023 Earnings Call Transcript

Amplifying capital returns to shareholders with $60 million of share repurchases in Q2 and quarterly cash dividend initiated at $0.30 per share. Total backlog grows by 9% to $5.0 billion with new contracts totaling $0.8 billion secured over the past three months.

NOBLE CORPORATION PLC ANNOUNCES SECOND QUARTER 2023 RESULTS

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Noble Corporation, an offshore drilling contractor, is benefiting from major industry tailwinds, and its share price has recently rallied. Noble has performed well and announced significant shareholder distributions including $400 million of share buybacks and a $1.2 per share dividend. However, given the current valuation, we prefer other names in the sector, and issue a Hold rating.

Noble Corporation: Not Enough Upside

SUGAR LAND, Texas , July 14, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announces plans to report financial results for the second quarter 2023 on Wednesday August 2, 2023 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 second quarter 2023 results

Offshore drilling operator Noble Corp. NE, +2.56% said Tuesday its board has declared an interim dividend of 30 cents a share, payable on Sept. 14 to shareholders of record at close of business on Aug. 17.

News for Noble Corp PLC Stock (NE)