Noble Corporation PLC
CSE:NOBLE

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Noble Corporation PLC Logo
Noble Corporation PLC
CSE:NOBLE
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Price: 220 DKK 0.23% Market Closed
Market Cap: 31.4B DKK

Noble Corporation PLC
Investor Relations

Noble Corporation PLC is a formidable player in the oil and gas drilling industry, with its roots tracing back to the early 20th century. Originally starting as a land drilling company, Noble evolved over decades into a leader in offshore drilling, focusing on drilling services for oil and gas companies across the globe. The company primarily operates a fleet of high-specification drilling rigs, including ultra-deepwater, harsh environment, and jack-up rigs, each engineered to withstand challenging conditions and operate efficiently at significant depths and extreme environments. Noble leverages its expertise and technological advancements to expand its drilling operations, tailoring solutions to meet the complex and demanding needs of energy exploration companies.

Revenue streams for Noble are predominantly based on long-term contracts with major oil companies, which provide a stable cash flow and mitigate exposure to the volatile nature of oil prices. The company's services are tailored to each client's needs, ranging from drilling exploration wells to developing and producing hydrocarbons. Noble's expertise offers clients the efficiency and safety they require to operate in remote or harsh maritime conditions. This focus on long-term partnerships, technological prowess, and operational excellence forms the backbone of Noble's business model, ensuring it remains a key contributor to the global energy industry while navigating the cyclical nature of its market.

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NOBLE
OMX Copenhagen 25

Earnings Calls

2025 Q1
Apr 29, 2025
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Strong Q1 results drive optimistic outlook for future contracts and dividends.
2025 Q1
Apr 29, 2025

Noble achieved robust Q1 results with $338 million in adjusted EBITDA and $173 million in free cash flow. They returned over $1 billion to shareholders through dividends and buybacks since Q4 2022. Recent contract awards from Shell and TotalEnergies increase their backlog by 30% to $7.5 billion, with $2-2.5 billion revenue potential for 14 rig years. Guidance for total revenue in 2025 remains between $3.25 billion and $3.45 billion. Adjusted EBITDA is expected between $1.05 billion and $1.15 billion, maintaining a nearly 10% dividend yield. Cost control efforts are ongoing amid macroeconomic volatility, positioning Noble for continued success.

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Management

Mr. Robert W. Eifler
President, CEO & Director
No Bio Available
Mr. Richard B. Barker
Executive VP & CFO
No Bio Available
Mr. Joey M. Kawaja
Senior Vice President of Operations
No Bio Available
Mr. Blake A. Denton
Senior Vice President of Marketing & Contracts
No Bio Available
Ms. Caroline M. Alting
Senior Vice President of Operational Excellence & Sustainability
No Bio Available
Ms. Jennifer Yeung
VP, Chief Accounting Officer & Controller
No Bio Available
Tom Madden
VP & GM of Administration
No Bio Available
Mr. Ian MacPherson
Vice President of Investor Relations
No Bio Available
Ms. Jennie P. Howard
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Ms. Tine Ostergaard Hansen
Vice President of Communication & Sustainability
No Bio Available

Contacts

Address
TEXAS
Sugar Land
13135 Dairy Ashford, Suite 800
Contacts
+12812766100