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 Corp (NE) maintains its position as a leader in offshore drilling through continuous innovation and strategic operations. This news hub provides investors and industry professionals with essential updates on the company's activities in ultra-deepwater drilling and high-specification jackup rig deployments.
Access authoritative information spanning earnings announcements, fleet modernization progress, and strategic partnerships. Our curated collection ensures you stay informed about operational milestones in key markets Noble serves, from established offshore basins to emerging energy regions.
Key updates include contract awards, technical advancements in drilling operations, and capital management initiatives. The resource eliminates the need to track multiple sources by providing verified updates on Noble's specialized drilling services and market positioning.
Bookmark this page for streamlined access to NE's latest developments. Check regularly for factual reporting on how the company navigates complex offshore environments while maintaining one of the industry's most modern fleets.
Noble plc reported first quarter 2024 results with net income of $95 million, diluted earnings per share of $0.66, adjusted EBITDA of $183 million, and free cash flow of $(38) million. Major projects are on schedule for key contract commencements in Q2 and Q3. Full-year guidance for 2024 remains unchanged. The balance sheet shows total debt of $600 million and cash of $212 million. An interim dividend of $0.40 per share was approved for the second quarter of 2024. Noble's marketed fleet utilization improved, and new contracts worth $215 million were secured. Backlog as of May 6, 2024, stands at $4.4 billion. Outlook for 2024 includes total revenue of $2,550 to $2,700 million and adjusted EBITDA of $925 to $1,025 million.