Welcome to our dedicated page for Noble news (Ticker: NE), a resource for investors and traders seeking the latest updates and insights on Noble stock.
Noble Corporation plc (NYSE: NE) is an offshore drilling contractor for the oil and gas industry, with a fleet focused on ultra-deepwater and high specification jackup drilling opportunities. The company and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921, and it describes its fleet as modern, versatile and technically advanced.
This news page aggregates coverage of Noble’s key announcements, including quarterly and annual financial results, contract awards, fleet actions and capital allocation updates. Recent press releases have detailed new contract awards adding multiple rig years of backlog, updates to total contract backlog, and commentary on utilization and dayrates for floaters and jackups. Noble also reports on decisions to divest or retire specific rigs, such as cold stacked drillships and jackups, as part of its fleet management strategy.
Investors following NE news can review earnings releases that discuss contract drilling services revenue, Adjusted EBITDA, free cash flow, and guidance ranges for total revenue, Adjusted EBITDA and capital expenditures. The company’s announcements also describe interim quarterly cash dividends, share repurchases and the impact of acquisitions and integration activities on its results and fleet.
In addition, Noble issues news about upcoming earnings release dates, conference calls and investor presentations, including appearances at industry conferences. By monitoring this page, readers can track how Noble’s contract backlog evolves, how its fleet composition changes through sales and retirements, and how management characterizes offshore drilling market conditions in its public commentary.
Noble (NYSE:NE) completed its acquisition of Diamond Offshore Drilling on September 4, 2024, creating the largest fleet of 7th‑generation dual‑BOP drillships and adding approximately $2.0 billion of backlog. Combined backlog increased to $6.7 billion, including 4.8 rig years of backlog awarded under the ExxonMobil Commercial Enabling Agreement for four Guyana drillships. The board appointed Patrice Douglas from Diamond as a Noble director. Noble issued 24,239,941 class A shares to former Diamond shareholders, bringing total shares outstanding to 167,279,702, and assumed Diamond warrants that are exercisable for 90 days. Noble said prior 2024 guidance is no longer applicable on a combined basis.
Noble Corporation (NYSE: NE) signed definitive agreements to sell six jackups: five rigs to Borr Drilling (NYSE: BORR) for $360 million and one rig to Ocean Oilfield Drilling for $64 million in cash. Closings are subject to customary conditions, with the Borr deal expected in early 2026 (subject to Borr financing) and the Ocean sale expected in Q2 2026 after completion of the Noble Resolve contract.
The Borr transaction includes $210 million cash and $150 million in seller notes (6-year maturity, secured by a first lien on three jackups). Noble will operate two rigs under a one-year bareboat charter and will become a pureplay deepwater and ultra-harsh jackup operator.
Noble Corporation (NYSE: NE) reported Q3 2025 results including a net loss of $21 million (loss per share $0.13) and Adjusted EBITDA of $254 million. The company generated $277 million of operating cash flow and $139 million of free cash flow in the quarter. Backlog increased to $7.0 billion after roughly $740 million of new contract value since the August fleet report. The board declared a $0.50 per share interim dividend payable Dec 18, 2025. Full-year 2025 guidance was narrowed to $3,225–$3,275 million revenue, $1,100–$1,125 million Adjusted EBITDA, and $425–$450 million CapEx (net).
Noble Corporation (NYSE: NE) will report third quarter 2025 financial results on Monday, October 27, 2025 after U.S. market close. The company's earnings press release and an earnings presentation will be posted at www.noblecorp.com.
Noble will host a conference call on Tuesday, October 28, 2025 at 8:00 a.m. U.S. Central Time. Participants may dial (800) 715-9871 and use conference ID 31391, or register in advance at the provided registration link. A live webcast will be available on Noble's Investor Relations site and a replay will be accessible for a limited time.
Noble Corporation (NYSE:NE) reported Q2 2025 financial results with net income of $43 million ($0.27 per diluted share) and Adjusted EBITDA of $282 million. The company secured $380 million in new contract awards, bringing total backlog to $6.9 billion.
The Board declared a $0.50 per share Q3 dividend, contributing to over $1.1 billion in total capital returned to shareholders since Q4 2022. Noble updated its 2025 guidance, reducing revenue expectations to $3,200-$3,300 million while increasing Adjusted EBITDA guidance to $1,075-$1,150 million.
The company's marketed fleet showed mixed performance with floaters at 75% utilization and jackups at 61% utilization. Noble completed the sale of Pacific Scirocco and Pacific Meltem for $41 million combined and has agreements to sell additional assets.
Noble Corporation (NYSE: NE) has scheduled its second quarter 2025 financial results announcement for Tuesday, August 5, 2025, after the U.S. market close. The company will host a conference call to discuss the results on Wednesday, August 6, 2025, at 8:00 a.m. U.S. Central Time.
Investors can access the conference call by dialing (800) 715-9871 with conference ID 31391, or by pre-registering through the provided registration link. The earnings release and presentation will be available on Noble's website, along with a live webcast and replay of the call.
Noble Corporation reported strong Q1 2025 financial results, with net income of $108 million and diluted earnings per share of $0.67. The company secured approximately 15 rig years of new contract awards, representing potential revenue of $2.2 to $2.7 billion.
Key financial highlights:
- Total revenue: $874 million
- Adjusted EBITDA: $338 million
- Free cash flow: $173 million
- Total backlog increased to $7.5 billion
The company maintained its quarterly cash dividend at $0.50 per share and returned approximately $100 million to shareholders in Q1. Notable contract wins include two 4-year agreements with Shell in the U.S. Gulf and two 16-well contracts with TotalEnergies in Suriname. The company's fleet performance showed 80% utilization for floaters and 74% for jackups.
Noble maintains its 2025 guidance with total revenue between $3,250 to $3,450 million and Adjusted EBITDA ranging from $1,050 to $1,150 million.
Noble (NYSE: NE) has announced it will release its first quarter 2025 financial results on Monday, April 28, 2025, after the U.S. market closes. The earnings release and presentation will be available on the company's website.
A conference call to discuss the Q1 2025 results is scheduled for Tuesday, April 29, 2025, at 8:00 a.m. U.S. Central Time. Investors can participate by dialing (800) 715-9871 with conference ID 31391, or by pre-registering through the provided link. A live webcast will be available on Noble's Investor Relations webpage, with a replay accessible for a time after the call.
Noble (NYSE: NE) reported strong Q4 2024 results, with contract drilling services revenue reaching $882 million, up from $764 million in Q3. Net income increased to $97 million from $61 million in Q3, while Adjusted EBITDA rose to $319 million from $291 million.
The company returned over $575 million to shareholders in 2024 through dividends ($278 million) and share buybacks ($300 million). The Diamond integration is progressing well, with half of the targeted $100 million synergies realized. Noble secured approximately $525 million in new contract awards since November, maintaining a total backlog of $5.8 billion.
For 2025, Noble projects Total Revenue of $3,250-$3,450 million, Adjusted EBITDA of $1,050-$1,150 million, and Capital Expenditures of $375-$425 million. The Board approved a quarterly dividend of $0.50 per share for Q1 2025.
Noble (NYSE: NE) has announced plans to divest two cold stacked drillships, the Pacific Meltem and Pacific Scirocco. The company aims to eliminate costs associated with these non-operational units and focus resources on its marketed fleet. The divestment strategy includes potentially scrapping the units, effectively retiring them permanently from drilling operations.
CEO Robert W. Eifler explained that the decision to retire these non-contributing assets stems from a continuous cost-benefit evaluation of idle capacity. The move is expected to be immediately cash flow accretive and result in a more optimized fleet composition for Noble.
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