Noble Corporation PLC
CSE:NOBLE

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Noble Corporation PLC Logo
Noble Corporation PLC
CSE:NOBLE
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Price: 220 DKK 0.23% Market Closed
Market Cap: 31.4B DKK

Noble Corporation PLC
Investor Relations

Noble Corporation PLC is a formidable player in the oil and gas drilling industry, with its roots tracing back to the early 20th century. Originally starting as a land drilling company, Noble evolved over decades into a leader in offshore drilling, focusing on drilling services for oil and gas companies across the globe. The company primarily operates a fleet of high-specification drilling rigs, including ultra-deepwater, harsh environment, and jack-up rigs, each engineered to withstand challenging conditions and operate efficiently at significant depths and extreme environments. Noble leverages its expertise and technological advancements to expand its drilling operations, tailoring solutions to meet the complex and demanding needs of energy exploration companies.

Revenue streams for Noble are predominantly based on long-term contracts with major oil companies, which provide a stable cash flow and mitigate exposure to the volatile nature of oil prices. The company's services are tailored to each client's needs, ranging from drilling exploration wells to developing and producing hydrocarbons. Noble's expertise offers clients the efficiency and safety they require to operate in remote or harsh maritime conditions. This focus on long-term partnerships, technological prowess, and operational excellence forms the backbone of Noble's business model, ensuring it remains a key contributor to the global energy industry while navigating the cyclical nature of its market.

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NOBLE
OMX Copenhagen 25

Earnings Calls

2024 Q3
Nov 6, 2024
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Noble Corporation shows strong Q3 growth and optimistic outlook for 2025.
2024 Q3
Nov 6, 2024

Noble Corporation reported a strong third quarter, with revenues rising to $764 million from $661 million. Adjusted EBITDA increased to $291 million, reflecting a healthy margin of 36%. The company's backlog stands at $6.2 billion, with $2.6 billion expected for 2025. Fourth quarter guidance estimates revenue of $850-$890 million and adjusted EBITDA between $275-$305 million. The integration of Diamond Offshore is on track for $100 million in synergies, with 75% expected within a year. Despite short-term challenges, management is optimistic about improved free cash flow and backlog growth in the second half of 2025.

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Management

Mr. Robert W. Eifler
President, CEO & Director
No Bio Available
Mr. Richard B. Barker
Executive VP & CFO
No Bio Available
Mr. Joey M. Kawaja
Senior Vice President of Operations
No Bio Available
Mr. Blake A. Denton
Senior Vice President of Marketing & Contracts
No Bio Available
Ms. Caroline M. Alting
Senior Vice President of Operational Excellence & Sustainability
No Bio Available
Ms. Jennifer Yeung
VP, Chief Accounting Officer & Controller
No Bio Available
Tom Madden
VP & GM of Administration
No Bio Available
Mr. Ian MacPherson
Vice President of Investor Relations
No Bio Available
Ms. Jennie P. Howard
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Ms. Tine Ostergaard Hansen
Vice President of Communication & Sustainability
No Bio Available

Contacts

Address
TEXAS
Sugar Land
13135 Dairy Ashford, Suite 800
Contacts
+12812766100