Noble Corporation plc director Douglas Patrice D reported the vesting and settlement of restricted stock units on 09/04/2025. The Form 4 shows two RSU settlements: 1,276 RSUs converted 1-for-1 into A Ordinary Shares and 851 RSUs settled in cash at $28.25 per share for an aggregate cash payment of $24,040.75. Following these transactions, the reporting person beneficially owns 5,025 A Ordinary Shares as corrected from a prior Form 3 rounding error, and total reported RSU-derived share holdings are 6,974 and 6,123 in the two reported lines respectively. The filing corrects the previously reported share count from 3,750 to 3,749 due to a rounding adjustment.
Joey M. Kawaja, SVP, Operations of Noble Corporation plc (NE), reported the sale of 35,000 ordinary shares on 09/05/2025. The shares were sold at a weighted average price of $28.62 per share, with actual prices ranging from $28.53 to $28.72, and the reporting person owns 78,464 shares following the transaction. The Form 4 was filed as an individual filing and signed by an attorney-in-fact on behalf of the reporting person.
Noble Corporation plc filed a Form 144 disclosing a proposed sale of 35,000 Class A shares through UBS Financial Services Inc. (Weehawken, NJ) on the NYSE with an approximate sale date of 09/05/2025. The filing lists an aggregate market value of $962,500 for the shares and states 158,820 shares outstanding. The shares were acquired on 02/05/2024 as compensation from the issuer under a deferred compensation arrangement, with 83,208 securities acquired at that time. The filing reports no securities sold in the past three months and is marked as a LIVE submission.
Noble Corporation plc reported that its President and Chief Executive Officer, Robert W. Eifler, made a presentation at the Barclays CEO Energy-Power Conference on September 2, 2025. The company has provided the slide deck used for this investor presentation as Exhibit 99.1, described as an investor presentation dated the same day. This material is furnished under a Regulation FD disclosure item, meaning it is provided for informational purposes and is not treated as filed for liability purposes under the Exchange Act or automatically incorporated into other securities law filings.
Noble Corporation plc reported that Jennifer Yeung has resigned as Chief Accounting Officer and principal accounting officer, effective September 19, 2025. The company states that her resignation is not due to any disagreement regarding its operations, policies, or practices. Immediately after her departure, Chief Financial Officer Richard Barker is expected to take on the additional role of principal accounting officer until a permanent replacement is appointed.
Noble Corporation (NE) filed its 10-Q for Q2-25. Contract drilling revenue rose 23 % YoY to $812 M, powered by the Diamond Offshore acquisition and higher floater day-rates. Total operating revenue reached $849 M. Operating costs climbed 50 % to $502 M and depreciation jumped 62 % following the enlarged fleet, driving operating income down 36 % to $135 M.
Net income dropped to $42.9 M ($0.27 diluted EPS) from $195.0 M ($1.34) a year ago, largely due to a $57.1 M tax provision versus a prior-year benefit. Six-month net income is $151.2 M (-48 % YoY). Nevertheless, cash flow from operations more than doubled to $487 M, lifting cash to $338 M while the $550 M revolver remains undrawn. Long-term debt is steady at $1.98 B; net leverage is approx. 0.8× EBITDA.
Backlog stands at $7.37 B (59 % of 2H-25 days and 44 % of 2026 days locked in). YTD the company paid $160.9 M in dividends ($0.50/sh quarterly) and repurchased $20 M of stock; $370 M remains authorized. Management expects a Q3 non-cash charge of $60-85 M from planned disposals of Noble Globetrotter II and Noble Reacher rigs.
Liquidity is solid, but escalating operating costs, tax headwinds and upcoming asset write-downs temper near-term earnings visibility.