Suspended rigs in Brazil torpedoed Noble's quarter, cutting earnings by 94% versus estimates even as revenue slightly beat. Full-year guidance slashed on near-term headwinds, though management sees the 2027 drillship market tightening with leading-edge dayrates climbing to the mid-$400,000s per day.
Noble :
NE
NE
Stock Data
$44.13
$0.05 (0.12%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
ENERGY
Industry
OIL & GAS DRILLING
Noble Corporation plc is a leading offshore drilling contractor that serves the global oil and gas industry. With a focus on providing top-notch contract drilling services, Noble operates a fleet of mobile offshore drilling units, including advanced floaters and jackups. Founded in 1921, the company has established a strong presence in the sector and is headquartered in Sugar Land, Texas. Noble Corporation is known for its commitment to safety, environmental stewardship, and operational excellence.
Latest Activity
Noble reports before the bell with deepwater rig day rates on the line and offshore spending in focus as Middle East tensions reshape drilling demand.
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