Date | Price Target | Rating | Analyst |
---|---|---|---|
10/15/2024 | Buy → Hold | The Benchmark Company | |
12/1/2023 | $52.00 | Neutral | Susquehanna |
11/28/2023 | $62.00 | Overweight | CapitalOne |
7/5/2023 | $64.00 | Buy | Citigroup |
1/19/2023 | $50.00 | Buy | The Benchmark Company |
6/1/2022 | $60.00 | Neutral → Buy | BTIG Research |
2/8/2022 | $45.00 | Outperform | Evercore ISI |
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
The Benchmark Company downgraded Noble Corporation from Buy to Hold
Susquehanna resumed coverage of Noble Corporation with a rating of Neutral and set a new price target of $52.00
CapitalOne initiated coverage of Noble Corporation with a rating of Overweight and set a new price target of $62.00
Citigroup initiated coverage of Noble Corporation with a rating of Buy and set a new price target of $64.00
The Benchmark Company initiated coverage of Noble Corporation with a rating of Buy and set a new price target of $50.00
BTIG Research upgraded Noble Corporation from Neutral to Buy and set a new price target of $60.00
Evercore ISI resumed coverage of Noble Corporation with a rating of Outperform and set a new price target of $45.00
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
3 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
4 - Noble Corp plc (0001895262) (Issuer)
Closed Diamond acquisition on September 4thIncreased capital return program with additional share repurchase authorization of $400 millionRepurchased 6.9 million of shares in Q3 2024, $0.50 per share dividend declared for Q4 2024, bringing total FY 2024 cash returns to shareholders to over $525 million, including Q4 dividendQ3 Net Income of $61 million, Diluted Earnings Per Share of $0.40, Adjusted EBITDA of $291 million, net cash provided by operating activities of $284 million, and Free Cash Flow of $165 millionQ4 2024 Guidance provided as follows: Total Revenue $850 to $890 million, Adjusted EBITDA $275 to $305 million, Capital Additions (net of reimbursements) $105 to $135 millionSUGAR L
SUGAR LAND, Texas, Oct. 18, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE:NOBLE, NYSE:NE) today announces plans to report financial results for the third quarter 2024 on Tuesday November 5, 2024 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com. Noble will host a conference call related to its third quarter 2024 results on Wednesday, November 6, 2024 at 8:00 a.m. U.S. Central Time. Interested parties may dial +1 (800) 715-9871 and refer to conference ID 31391 approximately 15 minutes prior to the scheduled start time. Alternatively, a live webcast
SUGAR LAND, Texas, Sept. 30, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE:NOBLE, NYSE:NE) today announces changes to its share capital. During the month of September, Noble has repurchased approximately USD 205.7 million of A ordinary shares under its previously announced share repurchase plan at a weighted average price of approximately USD 35.63 per A ordinary share. A total of 6,938,128 repurchased A ordinary shares have been cancelled, including certain A ordinary shares repurchased during the month of August. During the period since September 4, 2024, 45 new A ordinary shares each with a nominal value of USD 0.00001 have been issued. 45 new A ordinary shares have been issu
SUGAR LAND, Texas, Sept. 4, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble", the "Company") (CSE:NOBLE, NYSE:NE) today announces the completion of its acquisition of Diamond Offshore Drilling, Inc ("Diamond"). This transaction enhances Noble's position as a leading offshore driller, creating the largest fleet of 7th generation dual-BOP drillships in the industry, and adding approximately $2 billion of backlog. Following completion of the acquisition of Diamond, the Company's board of directors has appointed Patrice Douglas from the Diamond board of directors to serve as a new director of Noble. Noble has filed a form 8-K regarding the completion of the acquisition with the U.S. Securit
SUGAR LAND, Texas, Aug. 31, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (NYSE:NE, CSE:NOBLE) today announces changes to its share capital. During the month of August, Noble has repurchased approximately USD 44.2 million of A ordinary shares under its previously announced share repurchase plan at a weighted average price of approximately USD 37.90 per A ordinary share. These shares, repurchased during the last week of August, are expected to be cancelled in September (thus their cancellation is not yet reflected in the outstanding share count total enumerated below). During the period since July 31, 2024, 120,506 new A ordinary shares each with a nominal value of USD 0.00001 have be
SUGAR LAND, Texas, Aug. 30, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE:NOBLE, NYSE:NE) and Diamond Offshore Drilling, Inc. ("Diamond Offshore") (NYSE:DO) announced today the receipt of clearance from the Australia Competition & Consumer Commission, in relation to the pending transaction between Noble and Diamond Offshore, which is the final required regulatory approval for the transaction. The parties expect to close the transaction on Wednesday September 4th, 2024. About Noble Corporation plcNoble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile, and technically advanced fleets in the of
SUGAR LAND, Texas, Aug. 22, 2024 /PRNewswire/ -- Noble Corporation plc ("Parent" and together with its subsidiaries, "Noble") (NYSE:NE, CSE:NOBLE) today announced that Noble Finance II LLC (the "Issuer"), a wholly owned subsidiary of Parent, has closed the previously disclosed offering (the "Offering") of an additional $800 million in aggregate principal amount of its 8.000% Senior Notes due 2030 (the "New Notes"). Noble intends to use the net proceeds from the Offering to fund the cash consideration in connection with its pending merger with Diamond Offshore Drilling, Inc. and for general corporate purposes. The New Notes were issued as additional notes under the indenture pursuant to whic
SUGAR LAND, Texas, Aug. 8, 2024 /PRNewswire/ -- Noble Corporation plc ("Parent" and together with its subsidiaries, "Noble") (NYSE:NE, CSE:NOBLE) today announced that Noble Finance II LLC (the "Issuer"), a wholly owned subsidiary of Parent, has priced an offering (the "Offering") of an additional $800 million in aggregate principal amount of its 8.000% Senior Notes due 2030 (the "New Notes"). The offering size was increased to $800 million from the previously announced offering size of $675 million in aggregate principal amount of New Notes. The New Notes will be issued at an offering price of 103% of the principal amount therefor, plus accrued interest from April 15, 2024. The Offering is
SUGAR LAND, Texas, Aug. 8, 2024 /PRNewswire/ -- Noble Corporation plc ("Parent" and together with its subsidiaries, "Noble") (NYSE:NE, CSE:NOBLE) today announced that Noble Finance II LLC (the "Issuer"), a wholly owned subsidiary of Parent, has commenced an offering (the "Offering") of an additional $675 million in aggregate principal amount of its 8.000% Senior Notes due 2030 (the "New Notes"). Noble intends to use the net proceeds from the Offering to fund the cash consideration in connection with its pending merger with Diamond Offshore Drilling, Inc. and for general corporate purposes. The New Notes will be issued as additional notes under the indenture pursuant to which the Issuer prev
Announced acquisition of Diamond Offshore Drilling, Inc. ("Diamond"), bolstering a leading position in deepwater; transaction expected to close by Q1 2025.Q2 Net Income of $195 million, Diluted Earnings Per Share of $1.34, Adjusted EBITDA of $271 million, net cash provided by operating activities of $107 million, and Free Cash Flow of $(26) million.As previously announced, Q3 dividend increased to $0.50 per share, establishing the current highest dividend payout in U.S. oilfield services sector.Guidance for Full Year 2024 Adjusted EBITDA narrowed to $950-$1,000 million (from $925-$1,025 million).SUGAR LAND, Texas, July 31, 2024 /PRNewswire/ -- Noble Corporation plc (NYSE:NE, CSE:NOBLE, ", No
-Reuters
Although U.S. stocks closed higher on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Noble Corporation The Trade: Noble Corporation plc (NYSE:NE) 10% owner APMH Invest A/S acquired a total of 638,018 shares at
Susquehanna analyst Charles Minervino maintains Noble Corp (NYSE:NE) with a Neutral and lowers the price target from $49 to $47.
Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Noble The Trade: Noble Corporation plc (NYSE:NE) 10% owner APMH Invest A/S acquired a total of 300,000 shares at an average
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the “Neutral” zone on Monday. U.S. stocks settled higher on Monday, with the S&P 500 closing at fresh record level. All the three major indices recorded gains last week, with the Dow Jones index gaining 0.29% and the S&P 500 rising around 1.32% during the week. Investors are awaiting the Federal Reserve's interest-rate decision and consumer price index, due on Wednesday. Diamond Offshore Drilling, Inc. (NYSE:DO) shares jumped around 11% on Monday after the company disclosed that it signed a definitive agreement to be acquired by Noble Corporation plc (NYSE:NE) in a s
Benchmark analyst Kurt Hallead reiterates Noble Corp (NYSE:NE) with a Buy and maintains $60 price target.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite edging lower on Monday. The Dow traded up 0.11% to 38,842.27 while the NASDAQ fell 0.04% to 17,125.62. The S&P 500 also rose, gaining, 0.04% to 5,349.38. Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields Leading and Lagging SectorsUtilities shares climbed by 1.4% on Monday. In trading on Monday, financial shares fell by 0.3%. Top Headline Diamond Offshore Drilling, Inc. (NYSE:DO) disclosed that it signed a definitive agreement to be acquired by Noble Corporation plc (NYSE:NE) in a stock-plus-cash transaction. Equities Trading UP
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Monday. The Dow traded down 0.06% to 38,774.90 while the NASDAQ rose 0.28% to 17,180.62. The S&P 500 also rose, gaining, 0.11% to 5,352.67. Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields Leading and Lagging SectorsEnergy shares climbed by 1.3% on Monday. In trading on Monday, financial shares fell by 0.6%. Top Headline Diamond Offshore Drilling, Inc. (NYSE:DO) disclosed that it signed a definitive agreement to be acquired by Noble Corporation plc (NYSE:NE) in a stock-plus-cash transaction. Equities Trading UP
Diamond Offshore Drilling, Inc. (NYSE:DO) shares are trading higher after the company disclosed that it signed a definitive agreement to be acquired by Noble Corporation plc (NYSE:NE) in a stock-plus-cash transaction. The implied cash and stock consideration for Diamond shareholders is $15.52 per share, reflecting an 11.4% premium over Diamond’s closing share price on June 7, 2024. As per the deal, Diamond shareholders will receive 0.2316 shares of Noble plus $5.65 in cash for each Diamond share. The transaction expected to close by the first quarter of 2025, subject to customary closing conditions. Once the deal is completed, Diamond shareholders will hold approximately 14.5% of
Key Transaction Terms Under the terms of the merger agreement, Diamond shareholders will receive 0.2316 Noble shares and $5.65 per share in cash for each Diamond share (representing $600 million total cash paid to Diamond shareholders on a fully-diluted basis). Following the close of the transaction, Diamond shareholders will own approximately 14.5% of Noble's shares on a fully-diluted basis. The implied cash and stock consideration to be received by Diamond shareholders is $15.52 per share, representing a premium of 11.4% to Diamond's closing share price on June 7, 2024. Noble intends to fund the cash portion of the transaction through new debt financing, which Noble has secured throug
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SUGAR LAND, Texas, May 3, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE:NOBLE, NYSE:NE) announces the resolutions adopted at its 2023 annual general meeting of shareholders held on May 2, 2023. The following resolutions were adopted: Robert W. Eifler, Claus V. Hemmingsen, Alan J. Hirshberg, Kristin H. Holth, Alastair Maxwell, Ann D. Pickard and Charles M. Sledge were re-elected as directors of Noble. After the annual general meeting of shareholders, the board of directors convened and elected Charles M. Sledge as chairman.Ratification of the appointment of PricewaterhouseCoopers LLP (US) as Independent Registered Public Accounting Firm for fiscal year 2023.Re-appointment of Price
SUGAR LAND, Texas, Aug. 1, 2022 /PRNewswire/ -- Noble Corporation (NYSE:NE, ", Noble", , or the ", Company", ))) today announced the appointment of Ian Macpherson as Vice President, Investor Relations effective August 1, 2022. Prior to joining Noble, Mr. Macpherson served 18 years at Piper Sandler and its predecessor firm, Simmons Energy, as lead analyst for the global oil field services sector, including the offshore drilling industry. Ian holds a BS from Georgetown University and an MBA from Tulane University. "We are excited to welcome Ian to the Noble team," said Robert
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Closed Diamond acquisition on September 4thIncreased capital return program with additional share repurchase authorization of $400 millionRepurchased 6.9 million of shares in Q3 2024, $0.50 per share dividend declared for Q4 2024, bringing total FY 2024 cash returns to shareholders to over $525 million, including Q4 dividendQ3 Net Income of $61 million, Diluted Earnings Per Share of $0.40, Adjusted EBITDA of $291 million, net cash provided by operating activities of $284 million, and Free Cash Flow of $165 millionQ4 2024 Guidance provided as follows: Total Revenue $850 to $890 million, Adjusted EBITDA $275 to $305 million, Capital Additions (net of reimbursements) $105 to $135 millionSUGAR L
SUGAR LAND, Texas, Oct. 18, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE:NOBLE, NYSE:NE) today announces plans to report financial results for the third quarter 2024 on Tuesday November 5, 2024 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com. Noble will host a conference call related to its third quarter 2024 results on Wednesday, November 6, 2024 at 8:00 a.m. U.S. Central Time. Interested parties may dial +1 (800) 715-9871 and refer to conference ID 31391 approximately 15 minutes prior to the scheduled start time. Alternatively, a live webcast
SUGAR LAND, Texas, Aug. 30, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE:NOBLE, NYSE:NE) and Diamond Offshore Drilling, Inc. ("Diamond Offshore") (NYSE:DO) announced today the receipt of clearance from the Australia Competition & Consumer Commission, in relation to the pending transaction between Noble and Diamond Offshore, which is the final required regulatory approval for the transaction. The parties expect to close the transaction on Wednesday September 4th, 2024. About Noble Corporation plcNoble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile, and technically advanced fleets in the of
Announced acquisition of Diamond Offshore Drilling, Inc. ("Diamond"), bolstering a leading position in deepwater; transaction expected to close by Q1 2025.Q2 Net Income of $195 million, Diluted Earnings Per Share of $1.34, Adjusted EBITDA of $271 million, net cash provided by operating activities of $107 million, and Free Cash Flow of $(26) million.As previously announced, Q3 dividend increased to $0.50 per share, establishing the current highest dividend payout in U.S. oilfield services sector.Guidance for Full Year 2024 Adjusted EBITDA narrowed to $950-$1,000 million (from $925-$1,025 million).SUGAR LAND, Texas, July 31, 2024 /PRNewswire/ -- Noble Corporation plc (NYSE:NE, CSE:NOBLE, ", No
SUGAR LAND, Texas, July 25, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE:NOBLE, NYSE:NE) and Diamond Offshore Drilling, Inc. ("Diamond") (NYSE:DO) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation to the pending merger between Noble and Diamond, expired at 11:59 ET on July 24, 2024. Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Diamond's stockholders and the receipt of informal clearance by the Australian Competition & Consumer Commission. A special meeting of Diamond stockholders to vote on the transaction is currently scheduled
SUGAR LAND, Texas, July 16, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE:NOBLE, NYSE:NE) today announces plans to report financial results for the second quarter 2024 on Wednesday July 31, 2024 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com. Noble will host a conference call related to its second quarter 2024 results on Thursday, August 1, 2024 at 8:00 a.m. U.S. Central Time. Interested parties may dial +1 (800) 715-9871 and refer to conference ID 31391 approximately 15 minutes prior to the scheduled start time. Alternatively, a live webcast
SUGAR LAND, Texas, June 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE:NOBLE) (NYSE:NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE:DO) announced today that they have entered into a definitive merger agreement under which Noble will acquire Diamond in a stock plus cash transaction. As part of the transaction, Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.65 per share for each share of Diamond stock, representing an 11.4% premium to closing stock prices on June 7, 2024. Upon closing, Diamond shareholders will own approximately 14.5% of Noble's outstanding shares. Noble's President and Chief Executive Officer, Robert Eifler, sa
Net Income of $95 million, Diluted Earnings Per Share of $0.66, Adjusted EBITDA of $183 million, cash provided by operating activities of $129 million, and Free Cash Flow of $(38) million.2024 major projects tracking on schedule ahead of key contract commencements in Q2 and Q3.Full year 2024 guidance maintained.SUGAR LAND, Texas, May 6, 2024 /PRNewswire/ -- Noble Corporation plc (NYSE:NE, CSE:NOBLE, ", Noble", , or the ", Company", ))) today reported first quarter 2024 results. Three Months Ended (in millions, except per share amounts) March 31, 2024 March 31, 2023 December 31, 2023 Total Revenue $ 637 $ 610 $ 643 Contract Drilling Serv
SUGAR LAND, Texas, April 19, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE:NOBLE, NYSE:NE) today announces plans to report financial results for the first quarter 2024 on Monday May 6, 2024 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com. Noble will host a conference call related to its first quarter 2024 results on Tuesday May 7, 2024 at 8:00 a.m. U.S. Central Time. Interested parties may dial +1 929-203-0901 and refer to conference ID 31391 approximately 15 minutes prior to the scheduled start time. Alternatively, a live webcast link will be a
SUGAR LAND, Texas, March 31, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (NYSE:NE, CSE:NOBLE) today announces changes to its share capital. During the period since February 29, 2024, 30,833 new A ordinary shares each with a nominal value of USD 0.00001 have been issued. 216 new A ordinary shares have been issued to certain holders of warrants as a consequence of the exercise of warrants. The exercise price was USD 19.27 per A ordinary share for 185 of the new A ordinary shares and USD 23.13 per A ordinary share for 31 of the new A ordinary shares. The total proceeds to Noble from the warrant exercises amount to USD 4,281.98. Additionally, 30,617 new A ordinary shares have been issu