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Noble Corporation PLC (NE.N)

NE.N on New York Stock Exchange

5.00USD
18 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Speedcast International To Provide Equipment And Services To Noble Corp's Drilling Fleet​
Thursday, 18 Jan 2018 

Jan 19 (Reuters) - Speedcast International Ltd : :SELECTED BY NOBLE CORPORATION TO PROVIDE NEW COMMUNICATIONS EQUIPMENT AND SERVICES TO GLOBAL DRILLING FLEET​.  Full Article

Noble Corp Announces Retirement Of CEO
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Noble Corporation Plc ::NOBLE CORPORATION PLC ANNOUNCES RETIREMENT OF CHIEF EXECUTIVE OFFICER DAVID W. WILLIAMS AND NAMES JULIE J. ROBERTSON AS SUCCESSOR.NOBLE CORPORATION PLC - ‍LEADERSHIP SUCCESSION PLAN CALLS FOR WILLIAMS TO REMAIN WITH CO THROUGH FEB 2018, SERVING IN ADVISORY CAPACITY​.  Full Article

Noble Corporation Plc Receives Commitments For New Credit Facility Maturing In 2023
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Noble Corporation Plc ::NOBLE CORPORATION PLC RECEIVES COMMITMENTS FOR NEW CREDIT FACILITY MATURING IN 2023.NOBLE CORPORATION - NEW CREDIT FACILITY IS EXPECTED TO PROVIDE BORROWING CAPACITY OF $1.5 BILLION WITH AN EXPECTED MATURITY OF JANUARY 2023.NOBLE CORPORATION - CO WOULD RETAIN AN INCREMENTAL $300 MILLION IN CAPACITY UNDER ITS CURRENT CREDIT FACILITY.  Full Article

Noble Corporation reports third quarter 2017 results
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Noble Corporation Plc :Noble Corporation Plc reports third quarter 2017 results.Q3 loss per share $0.40.Q3 revenue $266 million versus I/B/E/S view $268.7 million.Q3 earnings per share view $-0.36 -- Thomson Reuters I/B/E/S.Q3 loss per share $0.36 excluding items.Noble Corporation Plc - qtrly total average dayrate ‍$168,127​ versus $238,869 last year.Noble Corporation Plc - ‍contract backlog totaled approximately $3.2 billion at September 30, 2017​.Noble Corporation Plc - qtrly total average rig utilization ‍60%​ versus 59% last year.Noble Corp-current contract backlog of $3.2 billion is expected to provide revenues in 2018 that exceed $860 million & revenues of over $700 million in 2019​.Noble Corporation Plc - ‍current expectation for 2018 is to generate positive free cash flow​.  Full Article

Noble Corp says Firefly Value Partners reports 5 pct passive stake in co
Monday, 18 Sep 2017 

Sept 19 (Reuters) - Noble Corporation PLC :Firefly Value Partners LP reports 5 percent passive stake in Noble Corporation PLC, as of September 8, 2017 - SEC filing.‍​.  Full Article

Noble Corporation PLC Q4 loss per share $5.36
Thursday, 9 Feb 2017 

Noble Corporation PLC : Noble corporation plc reports fourth quarter and full year 2016 results . Q4 loss per share $5.36 . Q4 revenue $410 million versus I/B/E/S view $390.9 million . Q4 earnings per share view $-0.22 -- Thomson Reuters I/B/E/S . Noble Corporation PLC says utilization of company's floating fleet for Q4 of 2016 improved to 43 percent compared to 41 percent during previous quarter . Noble Corporation PLC says jackup rig fleet recorded utilization in Q4 of 86 percent compared to 80 percent in previous quarter . Noble Corporation PLC says at December 31, 2016, company's contract backlog totaled $3.3 billion . Noble Corporation PLC says Q4 results included charge totaling $1.3 billion, or $5.34 per diluted share, relating to impairment of five rigs and certain other capital spares . Noble Corporation PLC says Q4 total average rig utilization 62% versus 83% last year . Noble Corporation PLC says reduction in backlog contemplates previously disclosed agreement with shell pertaining to contract amendments . Noble Corporation PLC says "our industry continues to experience weakness" . Noble Corporation PLC says Q4 total average dayrate $ 238,704 versus $367,953 last year .Qtrly adjusted earnings per share $0.15.  Full Article

Paragon Offshore announces agreement in principle for restructuring agreement with bondholders and revolver banks
Monday, 8 Aug 2016 

Paragon Offshore Plc : Revolving credit agreement will still be modified to include a $165 million cash paydown with balance of approximately $631 million . Under revised plan, bondholders will collectively receive $285 million of cash, or $60 million less than in original plan . Expects to emerge from its bankruptcy process in october . Is in process of seeking requisite signatures to amended psa from revolver lenders . Definitive settlement agreement between paragon and noble corporation remains in place with certain modifications . Noble will provide direct bonding for requirements necessary to challenge tax assessments in mexico relating to paragon business for tax years 2005 through 2010 . Paragon offshore announces agreement in principle for revised restructuring agreement with bondholders and revolver banks . Agreement further enhances liquidity and strengthens balance sheet by allowing paragon to retain $60 million of additional cash .Contingency payment provisions in original plan for 2016 and 2017 have been eliminated under revised plan.  Full Article

Noble Corp posts Q2 adj. EPS $0.01, reduces FY capex forecast
Wednesday, 27 Jul 2016 

Noble Corporation Plc : Noble corporation plc reports second quarter 2016 results . Q2 revenue $895 million . Full year capital expenditure estimate reduced to $675 million . Qtrly average dayrate $ 509,145 versus $ 340,217 . Q2 revenue view $510.4 million -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.01 excluding items . Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . "Industry conditions remain challenging" . "Utilization in our floating rig fleet declined steeply in quarter, due in part to contractual settlement with Freeport" . Says at June 30, 2016, noble's total contract backlog stood at $5.1 billion .Qtrly average rig utilization 65% versus 83%.  Full Article

Noble corporation announces agreement with Freeport-Mcmoran
Tuesday, 10 May 2016 

Noble Corporation Plc : Noble Corporation Plc announces agreement with Freeport-Mcmoran . Noble to receive $540 million payment plus potential $75 million in contingent payments . Deal for $540 millio . In addition, noble can receive additional contingent payments from freeport of $25 million and $50 million . Expects to realize over $100 million in direct cost savings as a result of contract terminations through crew reductions and stacking procedure . Agreement in connection with drilling contracts for drillships noble sam croft and noble tom madden . Noble also expects to realize over $100 million in direct cost savings . Freeport can make $540 million payment through a combination of cash, freeport shares and up to $200 million in near-term noble bonds .Pursuant to agreement, drilling contracts will be terminated, with operations ceasing as soon as practicable.  Full Article

Noble Corporation plc announces adjusted dividend
Friday, 22 Apr 2016 

Noble Corporation plc:Board of Directors to adjust the Company's dividend and declare a quarterly dividend of $0.02 per share.Ex-dividend date for this payment is expected to be April 28.Record date of May 2.Payment date of May 9.  Full Article

BRIEF-Speedcast International To Provide Equipment And Services To Noble Corp's Drilling Fleet​

* SELECTED BY NOBLE CORPORATION TO PROVIDE NEW COMMUNICATIONS EQUIPMENT AND SERVICES TO GLOBAL DRILLING FLEET​ Source text for Eikon: Further company coverage: