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.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. Announcement of intention to submit a voluntary public share exchange offer to the shareholders of The Drilling Company of 1972 A/S in connection with its business combination with Noble Corporation and publication of exemption document SUGAR LAND, Texas , Aug. 8, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE) ("Noble") and The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") announced on 10 November 2021 their agreement to combine in a primarily all-stock transaction (see Noble's company announcement no.

Noble Corporation plc: Publication of Exemption Document

SUGAR LAND, Texas , Aug. 1, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today announced the appointment of Ian Macpherson as Vice President, Investor Relations effective August 1, 2022.  Prior to joining Noble, Mr.

NOBLE CORPORATION ANNOUNCES NEW VICE PRESIDENT OF INVESTOR RELATIONS

SUGAR LAND, Texas , July 20, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced plans to report financial results for the second quarter 2022 on Monday, August 8, 2022, after the close of trading on the New York Stock Exchange.  The Company's press release will be available on the Noble website at www.noblecorp.com.

NOBLE CORPORATION TO ANNOUNCE SECOND QUARTER 2022 RESULTS

Discussing proposed $375 million sale of five modern jackup rigs to competitor Shelf Drilling. Noble appears to be on the receiving end of the deal with Shelf Drilling picking up a fully operational subsidiary with sizeable backlog at a bargain price.

Noble Corporation - Required Jackup Sale To Shelf Drilling Looks Just Bad

With reference to the announcement made on 9 May 2022 (Investor News no. 09/2022, link ), Noble Corporation (NYSE: NE) (“Noble”) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”, and together with Noble, the “Parties”) today provided an update on the ongoing merger control process for the business combination announced on 10 November 2021 (the “Business Combination”).

Announcement of agreement to divest remedy rigs and update on merger control process

SUGAR LAND, Texas , June 23, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") announced that it has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary ("Buyer") of Shelf Drilling, Ltd. ("Shelf Drilling") whose obligations under the asset purchase agreement will be guaranteed by Shelf Drilling (the "Remedy Rig Sale Agreement").

NOBLE CORPORATION ANNOUNCES AGREEMENT TO DIVEST REMEDY RIGS AND PROVIDES UPDATE ON MERGER CONTROL PROCESS

SUGAR LAND, Texas , May 10, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") announced that at the Extraordinary General Meeting of shareholders held today, shareholders approved all proposals related to the previously announced business combination agreement with The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") announced on November 10, 2021 (the "Transaction"). Approximately 99% of the votes cast at the Extraordinary General Meeting were in favor of the Transaction.

NOBLE CORPORATION ANNOUNCES SHAREHOLDER APPROVAL FOR BUSINESS COMBINATION

SUGAR LAND, Texas and COPENHAGEN, Denmark , May 9, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE) ("Noble") and The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling", and together with Noble, the "Parties") today provided an update on the ongoing merger control process for the business combination announced on 10 November 2021 (the "Transaction"). On 22 April 2022, the UK Competition and Markets Authority ("UK CMA") announced its Phase 1 decision, pursuant to which it concluded that the Transaction gives rise to a realistic prospect of a substantial lessening of competition in relation to the supply of jack-up rigs in North West Europe (excluding Norway) ("NW Europe") and that a remedy to address such effect would be required to avoid a reference to a Phase 2 review.

Noble Corporation and Maersk Drilling provide an update on the merger control process

Noble Corporation (NYSE:NE ) Q1 2022 Earnings Conference Call May 3, 2022 8:30 AM ET Company Participants Craig Muirhead – Vice President of Investor Relations and Treasurer Robert Eifler – President and Chief Executive Officer Richard Barker – Senior Vice President and Chief Financial Officer Conference Call Participants Greg Lewis – BTIG Samantha Hoh – Evercore ISI Operator Good morning. My name is Chantal, and I will be your conference operator today.

Noble Corporation's (NE) CEO Robert Eifler on Q1 2022 Results - Earnings Call Transcript

Noble Gerry de Souza commenced operations in Suriname upgraded with MPD system and a second BOP Backlog increased by approximately $700 million to $1.9 billion as of April 1, 2022 2022 Adjusted EBITDA guidance increased Maersk Drilling combination expected to close mid-2022, subject to UK antitrust clearance SUGAR LAND, Texas , May 2, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today reported first quarter 2022 results. Successor Predecessor (stated in millions, except per share amounts) Three Months  Ended    Mar 31, 2022 Three Months Ended Dec 31, 2021 Period from Feb 6, 2021-Mar 31, 2021 Period from Jan 1, 2021-Feb 5, 2021 Total Revenue $           210 $           208 $              92 $               77 Contract Drilling Services Revenue 195 192 85 74 Net Income (Loss) (37) 123 (18) 250 Adjusted EBITDA* 27 12 6 22 Adjusted Net Loss* (8) (29) (20) (1) Diluted Earnings (Loss) Per Share (0.54) 1.70 (0.36) 0.98 Adjusted Diluted Loss Per Share* (0.12) (0.39) (0.41) — * A Non-GAAP supporting schedule is included with the statements and schedules attached to this press release.

NOBLE CORPORATION REPORTS FIRST QUARTER 2022 RESULTS

SUGAR LAND, Texas , April 21, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced plans to report financial results for the first quarter 2022 on Monday, May 2, 2022, after the close of trading on the New York Stock Exchange.  The Company's press release will be available on the Noble website at www.noblecorp.com.

NOBLE CORPORATION TO ANNOUNCE FIRST QUARTER 2022 RESULTS

Noble and Maersk Drilling reveal the likely requirement to divest a material part of the combined company's jackup fleet to obtain UK antitrust clearance. Divestment would have a material impact on the new Noble Corporation's earnings power. Particularly the potential loss of the world's largest modern jackup rig "Noble Lloyd Noble" would be disappointing.

Noble Corporation: U.K. Antitrust Watchdog Likely To Require Jackup Rig Divestitures

SUGAR LAND, Texas , April 11, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today announced that the extraordinary general meeting of Noble shareholders (the "General Meeting") relating to Noble's previously announced proposed business combination (the "Business Combination") with The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") will be held on May 10, 2022 at 9:00 a.m., Central Time, at Noble Advances Training and Collaboration Center, 12550 Reed Rd.

NOBLE CORPORATION ANNOUNCES MAY 10, 2022 EXTRAORDINARY GENERAL MEETING TO APPROVE BUSINESS COMBINATION

SUGAR LAND, Texas and COPENHAGEN, Denmark, March 18, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE) ("Noble") and The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") today announced the executive management team to be effective after the closing of the business combination announced on November 10, 2021.  The combined company will have a proven management team led by Robert W.

Noble Corporation and Maersk Drilling announce Executive Management Team for Combined Company

Sugar Land and Copenhagen, 9 March 2022 – Noble Corporation (NYSE: NE) (“Noble”) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”) today announced the Board of Directors to be effective upon the closing of the business combination announced on November 10, 2021.

Noble Corporation and Maersk Drilling announce Board of Directors for Combined Company

Company reported a weaker-than-expected fourth quarter but revealed an estimated $700 million contract extension with Exxon Mobil offshore Guyana.

Noble Corporation: Company Bags Large-Scale Contract Extension With Exxon Mobil - Buy

Noble Corporation (NE) CEO Robert Eifler on Q4 2021 Results - Earnings Call Transcript

SUGAR LAND, Texas, Feb. 16, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today reported fourth quarter and full year 2021 results. Successor Predecessor (stated in millions, except per share amounts) Three Months  Ended    Dec 31, 2021 Three Months Ended Sep 30, 2021 Three Months Ended Dec 31, 2020 Total Revenue $                208 $                250 $                203 Contract Drilling Services Revenue 192 231 195 Net Income (Loss) 123 (24) (2,823) Adjusted EBITDA* 12 47 57 Adjusted Net Income (Loss)* (26) 10 (25) Basic Earnings (Loss) Per Share 1.85 (0.36) (11.24) Diluted Earnings (Loss) Per Share 1.70 (0.36) (11.24) Adjusted Diluted Earnings (Loss) Per Share* (0.35) 0.15 (0.10) * A Non-GAAP supporting schedule is included with the statements and schedules attached to this press release and can be found at www.noblecorp.com.

NOBLE CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

SUGAR LAND, Texas, Feb. 3, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced plans to report financial results for the fourth quarter and full year 2021 on Wednesday, February 16, 2022, after the close of trading on the New York Stock Exchange. The Company's press release will be available on the Noble website at www.noblecorp.com.

NOBLE CORPORATION TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2021 RESULTS

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Noble Corporation (NYSE: NE) ("Noble" or the "Company") stock  prior to November 10, 2021 . You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Noble with The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling").

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation into the Fairness of the Merger of Noble Corporation with Maersk Drilling

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NEW YORK, Nov. 17, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Independence Holding Company (NYSE: IHC) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Independence Holding Company (NYSE: IHC) in connection with the proposed acquisition of the company by Geneve Holdings, Inc.  Under the terms of the acquisition agreement, the company's shareholders will receive $57.00 per share in cash for each share of IHC common stock that they hold.

SHAREHOLDER ALERT: WeissLaw LLP Reminds IHC, NE, ABTX, and MDP Shareholders About Its Ongoing Investigations

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Noble Corporation ("Noble" or the "Company") (NYSE: NE) in connection with the proposed merger of the Company with The Drilling Company of 1972 A/S ("Maersk Drilling") (CSE: DRLCO).  Under the terms of the merger agreement, each outstanding Noble share and penny warrant will be converted into the right to receive one share of Topco, a wholly owned subsidiary of Noble, and each issued tranche 1, tranche 2 and tranche 3 warrant will be converted into a warrant to purchase one share of Topco.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Noble Corporation

New York, New York--(Newsfile Corp. - November 10, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Noble Corporation (NYSE: NE) ("Noble" or the "Company") stock prior to November 10, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Noble with The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Dril

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Noble Corporation with Maersk Drilling

SUGAR LAND, Texas and COPENHAGEN, Denmark, Nov. 10, 2021 /PRNewswire/ -- Noble Corporation (NYSE: NE) ("Noble") and The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") today announced that they have entered into a definitive business combination agreement to combine in a primarily all-stock transaction. Following the completion of the transaction, the Maersk Drilling shareholders and Noble shareholders will each own approximately 50% of the outstanding shares of the combined company.

Noble Corporation and Maersk Drilling announce agreement to combine

Discussing Q3/FY2021 results. Return to GAAP profitability solely a function of a large one-time gain related to the acquisition of Pacific Drilling earlier this year.

News for Noble Corp PLC Stock (NE)