Noble Corporation Eyes 2027 Earnings Breakthrough
Noble Corporation is confident about significant earnings and free cash flow growth by 2027, driven by strong backlog, disciplined fleet investments, and high-quality contracts despite softer oil prices and dayrates in the near term. The company reported strong Q4 and full-year 2025 financial results, with increased backlog and strategic fleet reshaping. Management is targeting around $1.3 billion of EBITDA and $600 million of free cash flow by 2027, while also maintaining shareholder returns.
Assessing Noble Corp: Insights From 6 Financial Analysts
Six financial analysts have recently provided ratings on Noble Corp (NYSE: NE), with an average 12-month price target of $38.83, reflecting a 15.91% increase from the prior average. The analysis details individual assessments, rating changes, and an examination of Noble Corp's financial performance, including its market capitalization, revenue growth, net margin, return on equity, return on assets, and debt management. Noble Corp is an offshore drilling contractor that provides services to the international oil and gas industry.
Noble (NE) Margin Compression To Quarterly EPS Loss Reinforces Bearish Narratives
Noble Corporation (NE) recently reported a Q3 FY 2025 basic EPS loss of US$0.13, following significant margin compression from 19% to 6.9% over the past year. This reinforces bearish arguments concerning rising operating costs, rig upgrade expenses, and pressure on day rates, despite the company's revenue growth and substantial contract backlog. The article highlights investor focus on margin sustainability and the comparison of Noble's P/E ratio and DCF valuation against its peers and industry average.
Noble Corporation (NE) Stock Falls on Q4 2025 Earnings
Noble Corporation (NE) reported a decline in Q4 2025 earnings, with total revenue down 17.6% and operating profit significantly lower by 75.1% year-over-year. Despite the lower profitability, the company saw a substantial increase in cash from operating activities (up 103.5%) and a 90.6% rise in cash and cash equivalents, contributing to improved liquidity and reduced leverage. Insider trading activity showed two sales by executives totaling over $1.8 million, while hedge funds exhibited mixed activity, with BlackRock significantly increasing its position and others decreasing theirs.
Noble Corporation (NE) price target raised by $7
This article reports that the price target for Noble Corporation (NE) has been increased by $7. No further details are provided regarding the new target, the previous target, or the reasons for the increase. The content is very brief, consisting only of the headline.
Does Noble (NE)ʼs Q4 EPS Focus Hint At A Deeper Shift In Its Cost-Led Strategy?
Noble Corporation PLC (NE) recently reported its Q4 2025 results, with analysts expecting US$0.15 EPS. The article discusses how the focus on EPS and outlook could influence its investment narrative, balancing recent contract wins against potential near-term soft demand and cost pressures. While Noble projects revenue growth by 2028, some analysts hold a more cautious outlook.
Earnings Flash (NE) Noble Corporation plc Reports Q4 Revenue $764.4M, vs. FactSet Est of $731.1M
Noble Corporation plc (NE) announced its Fourth Quarter 2025 revenue reached $764.4 million, surpassing the FactSet estimate of $731.1 million. The company expects its full-year 2026 revenue to be in the range of $2.8 billion to $3 billion, which is closely aligned with the FactSet estimate of $2.97 billion. Additionally, Noble Corporation reported Q4 adjusted EPS of $0.09 per share, falling short of the FactSet estimate of $0.17 per share, while maintaining its dividend.
Noble Corporation (NE) Price Target Raised by $7
Noble Corporation plc (NE) saw its stock price increase by 16.28% between February 2 and February 9, 2026, after BTIG raised its price target from $35 to $42. This upgrade, coupled with Barclays also increasing its target to $36, follows the company's announcement of new contract awards totaling $1.3 billion. CEO Robert W. Eifler emphasized how these backlog additions indicate strong demand for deepwater drilling and will improve fleet utilization and future earnings.
Assessing Noble (NE) After US$1.3b In New Offshore Drilling Contracts And Expanding Backlog
Noble (NE) has secured approximately US$1.3 billion in new offshore drilling contracts, including a significant three-year deal with Aker BP, which has boosted its stock performance. Despite a recent surge in share price, there are differing views on its current valuation, with one narrative suggesting it's 16.7% overvalued against a $33.60 fair value, while Simply Wall St's DCF model indicates a fair value of $80.75. The company's future prospects are tied to expected rebounds in ultra-deepwater drilling activity due to global energy demand.
Is Noble (NE) Pricing Reflect Its DCF Upside After Recent Share Price Strength
This article analyzes Noble (NE) stock valuation using two methods: Discounted Cash Flow (DCF) and Price-to-Earnings (P/E) ratio. The DCF analysis suggests Noble is undervalued by 53.0% at its current price of US$36.00, with an intrinsic value of $76.61 per share. Conversely, the P/E ratio of 25.2x, compared to Simply Wall St's Fair Ratio of 21.9x, indicates the stock might be overvalued by this metric.
Assessing Noble (NE) Valuation After US$1.3b Global Contract Backlog Expansion
Noble Corporation (NE) recently announced a significant US$1.3 billion expansion in its global contract backlog, covering nine rigs across various international locations. Despite a strong year-to-date share price gain of 22.8% and trading near analyst targets, an intrinsic discount of 54% suggests potential undervaluation according to a discounted cash flow model. While one narrative indicates the stock is 6% overvalued compared to a $33.60 fair value, another perspective based on cash flows shows a larger valuation gap.
Noble (NE) Is Up 6.2% After $1.3 Billion Rig Backlog Add From Global Contract Wins
Noble Corporation PLC announced new contract awards for nine rigs, adding approximately $1.3 billion to its backlog, including a significant harsh-environment contract for Noble GreatWhite offshore Norway. This expansion into Norway's harsh-environment market requires substantial capital commitments for reactivation and preparation. While these contracts enhance Noble's long-term prospects, they also introduce operational and capital allocation risks due to increased spending and tight earnings coverage.
Noble Corporation Plc Completes Sale of Five Jackups to Borr Drilling
Noble Corporation plc has completed the sale of five jackup rigs to Borr Drilling Limited for $360 million, receiving $210 million in cash and $150 million in seller notes. The transaction includes the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient, and Noble Resolute. Noble will continue to operate the Noble Mick O'Brien and Noble Resolute under a bareboat charter, and the Noble Resilient for its current contract term.
Noble’s New Contracts Reframe Backlog, Utilization And Harsh Environment Exposure
Noble Corporation (NYSE:NE) has secured new international drilling contracts, including a significant three-year deal for the Noble GreatWhite in Norway, marking its entry into the harsh environment floater market. These contracts are expected to add approximately US$1.3 billion to its backlog, improve fleet utilization from 75% to 92%, and provide greater revenue visibility through 2027 and 2029, albeit with an associated capital expenditure of US$210 million. The company's focus on contract quality and asset utilization is reshaping its operational profile and risk spread across various regions and rig types.
NOBLE CORPORATION PLC ANNOUNCES NEW AWARDS TOTALING $1.3 BILLION AND STRATEGIC ENTRY INTO THE NORWEGIAN FLOATER MARKET
Noble Corporation plc announced new contract awards for nine rigs, totaling approximately $1.3 billion in backlog. This includes a three-year contract for the Noble GreatWhite in Norway, marking its strategic entry into the Norwegian harsh environment floater market. These new contracts are expected to significantly improve fleet utilization and drive increased EBITDA and free cash flow in future years.
Offshore driller Noble adds Diamond fleet, lifts backlog to $6.7B
Noble Corporation completed its acquisition of Diamond Offshore Drilling on September 4, 2024, significantly increasing its backlog to $6.7 billion with an additional $2.0 billion from Diamond. This merger also established Noble as having the largest fleet of 7th-generation dual-BOP drillships. Noble issued 24,239,941 class A shares to former Diamond shareholders, bringing total shares outstanding to 167,279,702.
Year in Review: Noble Corp. selling 6 vessels for $424M was a Deal of the Week
Noble Corp., based in Houston, is divesting six jackup rigs for $424 million, a move that narrows its focus on vessel ownership. This transaction was highlighted as a "Deal of the Week" in a year-end review. The sale is part of an ongoing strategy for the offshore drilling giant.
Noble Corporation (NE) Stock Slides on Dec. 16, 2025: Jackup Divestment, Analyst Downgrade, Dividend Yield and Black Sea Drilling Update
Noble Corporation (NE) shares fell on December 16, 2025, due to a combination of factors including a risk-off day for energy, an analyst downgrade tied to delayed ultra-deepwater contracting, and investor recalibrating expectations following Noble's plan to divest six jackup rigs. Despite these headwinds, the company announced its Globetrotter I drillship mobilization for a Black Sea exploration campaign, and analysts maintain a "Buy" consensus with price targets in the low-to-mid $30s, while the stock's dividend yield continues to attract income-focused investors. The article details the jackup sale, analyst concerns regarding 2026 contract visibility, and the ongoing debate between immediate challenges and Noble's long-term strategic focus as a pureplay deepwater operator.
NOBLE CORPORATION PLC ANNOUNCES PLANNED DIVESTMENT OF SIX JACKUPS
Noble Corporation plc announced plans to divest six jackup rigs. This includes selling five rigs to Borr Drilling Limited for $360 million and one rig to Ocean Oilfield Drilling for $64 million. These transactions will allow Noble to focus on its deepwater and ultra-harsh environment jackup operations.
JPMorgan Downgrades Noble Corporation (NE) as Part of 2026 Outlook
JPMorgan downgraded Noble Corporation (NE) from 'Overweight' to 'Neutral' as part of its 2026 outlook, although it raised the price target from $31 to $33. The downgrade reflects caution in the oilfield services and equipment sector due to reduced upstream spending, with Noble having missed earnings estimates in the last five quarters. Concurrently, Noble Corporation announced deals to sell six jackup rigs for $424 million, aligning with its strategy to become a pureplay deepwater and ultra-harsh environment jackup operator.
JPMorgan Downgrades Noble Corporation (NE) as Part of 2026 Outlook
JPMorgan downgraded Noble Corporation (NE) from 'Overweight' to 'Neutral' as part of its 2026 outlook, citing caution in the oilfield services sector due to reduced upstream spending and Noble's consistent underperformance in earnings estimates. Despite the downgrade, JPMorgan increased NE's price target from $31 to $33. Noble Corporation also announced the sale of six jackup rigs for $424 million, aligning with its strategic shift towards being a pure-play deepwater and ultra-harsh environment jackup operator.
NOBLE CORPORATION PLC ANNOUNCES PLANNED DIVESTMENT OF SIX JACKUPS
Noble Corporation plc announced plans to divest six jackup rigs. Five rigs will be sold to Borr Drilling Limited for $360 million, involving a mix of cash and seller notes, with an expected closing in early 2026. A separate transaction involves selling one rig to Ocean Oilfield Drilling for $64 million, anticipated to close in Q2 2026, positioning Noble as a pure-play deepwater and ultra-harsh environment operator.
Noble Corporation PLC announces planned divestment of six jackups
Noble Corporation PLC is divesting six jackup rigs for a total of $424 million, selling five to Borr Drilling Limited and one to Ocean Oilfield Drilling. These transactions will allow Noble to focus exclusively on deepwater and ultra-harsh environment jackup operations, and are expected to be immediately accretive to shareholders. The deal with Borr involves cash and seller notes, with Noble also operating two rigs under a bareboat charter for one year.
NOBLE CORPORATION PLC ANNOUNCES PLANNED DIVESTMENT OF SIX JACKUPS
Noble Corporation plc announced the planned divestment of six jackups through two separate transactions. The company will sell five rigs to Borr Drilling Limited for $360 million and one rig to Ocean Oilfield Drilling for $64 million, with completion expected in early to mid-2026. These divestments will allow Noble to become a pureplay deepwater and ultra-harsh environment jackup operator, enhancing its balance sheet and focusing its market positions.
Night Watch Investment Management’s Strategic Decision to Exit Noble Corporation plc (NE)
Night Watch Investment Management has decided to exit its energy positions, including Noble Corporation plc (NE), due to an unexpected pause in offshore spending. The firm initially invested in offshore energy infrastructure with a view that the cycle had bottomed in 2021, but now expects no resumption of spending until 2027 at the earliest. Despite a modest 2.67% loss on these energy holdings since inception, the fund LP appreciated by 4.28% net of fees in Q3 2025 and 25.88% YTD.
Night Watch Investment Management’s Strategic Decision to Exit Noble Corporation plc (NE)
Night Watch Investment Management has strategically exited its energy positions, including Noble Corporation plc (NYSE: NE), due to an unforeseen pause in offshore spending beginning in 2024. The firm had anticipated a prolonged business cycle for offshore energy infrastructure but now expects no resumption of spending until 2027 at the earliest. Despite a modest loss of 2.67% on these positions, Night Watch believes that certain AI stocks offer greater promise for higher returns in a shorter timeframe.
Night Watch Investment Management's Strategic Decision to Exit Noble Corporation plc (NE)
Night Watch Investment Management has exited its energy positions, including Noble Corporation plc (NE), due to an unexpected pause in offshore spending and a reevaluation of the offshore energy infrastructure business cycle. The firm highlighted that while they initially saw potential in the sector, the current valuation of companies like Noble Energy at around 10x Free Cash Flow is no longer attractive given the cost of debt and asset lifespans. This decision resulted in a modest 2.67% loss on their VAL, NE, and TDW positions.
Noble (NE) Valuation in Focus After Profit Drop, Narrowed Outlook, and Key BP Contract Extension
Noble (NE) recently reported a third-quarter profit drop and narrowed its full-year revenue guidance, despite a slight increase in revenue and securing a two-year contract extension with BP. While the stock has seen a recent downturn, it remains up over the last 90 days, leading to questions about whether it's an undervalued opportunity or if its potential recovery is already factored into its current price. Analysts see the company as undervalued with a fair value of $33.60, driven by expectations of fleet modernization, operational efficiencies, and diversification into energy transition projects, though its current P/E ratio is higher than the industry average.
Noble Corporation’s Earnings Call: Strong Results Amid Market Challenges
Noble Corporation reported strong financial results for Q2 2025, with adjusted EBITDA of $282 million and free cash flow of $107 million, alongside successful achievement of synergy targets from the Diamond acquisition and significant new contracts valued at $2.8 billion. Despite these successes, the company lowered its full-year 2025 revenue guidance due to near-term market softness and challenges in specific regions, but remains optimistic about a medium-term deepwater market recovery by late 2026 or 2027. Noble is focused on cost management and fleet optimization to navigate current conditions and capitalize on future opportunities.
Noble Corp PLC (NYSE:NE) Reports Q3 2025 Earnings Miss, Stock Dips
Noble Corp PLC (NYSE:NE) reported mixed financial results for Q3 2025, with revenue aligning with estimates but earnings per share falling significantly short. The stock dipped approximately 1.5% in after-hours trading due to investor disappointment regarding the earnings miss. Despite the shortfall, the company announced a substantial increase in its contract backlog to $7.0 billion and declared a $0.50 per share cash dividend.
Noble Corporation plc to announce third quarter 2025 results - MarketScreener
Noble Corporation plc announced plans to report its third-quarter 2025 financial results on Monday, October 27, 2025, after the U.S. market close. The company will host a conference call on Tuesday, October 28, 2025, at 8:00 a.m. U.S. Central Time to discuss the results. Noble is a leading offshore drilling contractor, owning and operating a modern fleet focused on ultra-deepwater and high specification jackup drilling opportunities globally.
Noble Corporation plc to announce third quarter 2025 results
Noble Corporation plc (NYSE: NE) is scheduled to report its financial results for the third quarter of 2025 on Monday, October 27, 2025, after market close. The company will host a conference call on Tuesday, October 28, 2025, at 8:00 a.m. U.S. Central Time to discuss the results. Interested parties can find the earnings release and presentation on Noble's website.
Why Hecla Mining Stock Surged in September
Hecla Mining's stock surged over 42% in September, primarily due to its inclusion in the S&P SmallCap 600 index and an analyst's 50% price target increase. The company, North America's top silver producer, also reported strong second-quarter earnings, benefiting from rising silver prices.
Noble Corporation PLC (NE) Q2 Earnings and Revenues Lag Estimates
Noble Corporation PLC (NE) reported Q2 earnings of $0.13 per share, significantly missing the Zacks Consensus Estimate of $0.57, and revenues of $848.65 million, which also lagged estimates. The company's stock has underperformed the S&P 500 year-to-date, and its current Zacks Rank is #4 (Sell), indicating an expectation of underperformance. The article also mentions Helmerich & Payne (HP), another company in the same industry, whose earnings report is anticipated soon.
Noble Corporation PLC Class A (NE) was downgraded to a Hold Rating at DNB Markets
DNB Markets downgraded Noble Corporation PLC Class A (NE) to a Hold rating, setting a price target of $30.00. Despite the downgrade, analysts maintain a "Moderate Buy" consensus with a $30.79 price target for the company. Noble Corporation reported strong quarterly revenues of $874.49 million and a net profit of $108.3 million for the quarter ending March 31.
Earnings Preview: Noble Corporation PLC (NE) Q2 Earnings Expected to Decline
Noble Corporation PLC (NE) is expected to report a year-over-year decline in earnings but higher revenues for the quarter ended June 2025. The company's upcoming earnings report on August 5th will show if actual results align with or deviate from the consensus estimates, potentially impacting its stock price. A negative Zacks Earnings ESP and a Zacks Rank of #4 make it difficult to confidently predict an earnings beat.
Noble Corporation PLC Class A (NE) Gets a Buy from BTIG
BTIG analyst Gregory Lewis maintained a Buy rating on Noble Corporation PLC Class A (NE) with a price target of $30.00. The company reported a strong quarterly net profit of $108.3 million for the quarter ending March 31, and corporate insider sentiment for the stock is positive, with an increase in insider buying. Barclays also issued a Buy rating, while Evercore ISI maintained a Hold rating.
Noble Corporation plc to announce first quarter 2025 results
Noble Corporation plc ("Noble") announced its plan to report first-quarter 2025 financial results on Monday, April 28, 2025, after the U.S. market closes. The company will host a conference call on Tuesday, April 29, 2025, at 8:00 a.m. U.S. Central Time, to discuss the results. Interested parties can access the earnings press release, presentation, and webcast details on Noble's website.
Noble Corporation (NE): Among the Oversold Stocks to Buy in 2025 Amid Inflation Fears
Noble Corporation (NYSE:NE) is highlighted as an oversold stock to consider in 2025 amidst inflation fears. The article notes its significant drop in share price, strong analyst ratings with a high price target, and a substantial dividend yield that the management is confident in maintaining. Despite a muted near-term outlook, the company expects a "nice step up in free cash flow" in 2025.
Noble Corporation PLC (NE) Q3 Earnings Lag Estimates
Noble Corporation PLC (NE) reported third-quarter earnings of $0.05 per share, falling short of the Zacks Consensus Estimate of $0.51. However, the company's revenue of $608.20 million exceeded the consensus estimate by 2.37% and was 61.16% higher than the prior-year quarter. This report marks the second consecutive quarter that Noble's earnings have missed expectations.
Noble Corporation Announces Agreement to Acquire Diamond Offshore Drilling, Inc. for $2.15 Billion in Cash & Stock Deal
Noble Corporation announced an agreement to acquire Diamond Offshore Drilling, Inc. for approximately $2.15 billion in a cash and stock deal. Diamond Offshore shareholders will receive a combination of cash and Noble stock, creating one of the largest offshore drilling contractors globally. The transaction is expected to close in the fourth quarter of 2024 or Q1 2025, pending regulatory and shareholder approvals, and is anticipated to be accretive to Noble's free cash flow per share.
Noble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.
Noble Corporation plc announced an agreement to acquire Diamond Offshore Drilling, Inc. in a stock-plus-cash transaction. Diamond shareholders will receive 0.2316 shares of Noble plus $5.65 in cash per share, representing an 11.4% premium. This acquisition aims to strengthen Noble's fleet with advanced drillships and semisubmersibles, generate $100 million in cost synergies, and be immediately accretive to free cash flow per share.
Noble Corporation to Acquire Diamond Offshore Drilling
Noble Corporation (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc (NYSE: DO) have announced a definitive merger agreement wherein Noble will acquire Diamond in a stock-plus-cash transaction. Diamond shareholders will receive 0.2316 shares of Noble plus $5.65 cash per share, representing an 11.4% premium. This acquisition aims to strengthen Noble's fleet with additional drillships and semisubmersible rigs, create significant cost synergies, and be immediately accretive to Noble's free cash flow per share.
Merger of drilling heavyweights: Noble to acquire Diamond in $2 billion stock plus cash deal
Noble Corporation has announced its intention to acquire Diamond Offshore Drilling in a stock and cash deal valued at approximately $2 billion. The acquisition, expected to close by the first quarter of 2025, will see Diamond Offshore shareholders receive 0.2316 shares of Noble and $5.65 in cash per share, representing a 11.4% premium. This merger aims to create a combined fleet of 28 floaters and 13 jackups, enhancing Noble's presence in key ultra-deepwater basins and generating significant annual cost synergies.
Top 10 Biggest Offshore Drilling Companies in the World
This article lists and describes the top 10 largest offshore drilling companies in the world, highlighting their operations, global presence, key services, and financial performance. It emphasizes the critical role of oil and natural gas in driving economies and the projected growth of the offshore drilling market. Each company profile includes founding details, headquarters, revenue figures, and significant projects or technological advancements.
Maersk Drilling and Noble Corporation to Merge
Maersk Drilling and Noble Corporation have entered a definitive agreement to combine in an all-stock transaction, creating a new company named Noble Corporation. Shareholders of both companies will each own approximately 50% of the combined entity, which aims to become a leading offshore drilling company with an enhanced fleet and strong financial position. The merger is expected to generate $125 million in annual synergies and aims to provide significant value to shareholders through market recovery and a robust financial setup.
Noble emerges from Chapter 11
Noble Holding Corporation plc has successfully exited Chapter 11 bankruptcy as Noble Corporation, significantly deleveraging its balance sheet and securing new financing. The offshore drilling contractor, with a contract backlog over $1.5bn, aims to leverage its strengthened financial position and new board of directors for future growth opportunities after restructuring $3.4bn in debt.
Noble Corp. Emerges from Successful Chapter 11 Case
Noble Holding Corporation plc successfully emerged from Chapter 11 bankruptcy on February 5, 2021, after a restructuring process that significantly reduced its funded debt from $4 billion to under $450 million. Kramer Levin represented an ad hoc group of noteholders, guiding them through complex negotiations and a consensual confirmation hearing. This restructuring also included a $200 million rights offering for new second lien notes.
NE - Noble Corp Plc - Ordinary Shares - Class A Company Profile & Facts
This article provides a company profile and key facts for Noble Corp Plc (XNYS:NE), a company offering contract drilling services to the international oil and gas industry. It includes financial data such as market capitalization, PE ratios, revenue and EPS estimates, as well as moving averages and contact information. The company was founded in October 2020 and is headquartered in Houston, TX.
