- Successfully completed balance sheet restructuring on February 5, 2021 - Announced acquisition of Pacific Drilling in March and closed on April 15, 2021 - Revenue backlog of $1.5 billion as of March 31, 2021 Noble Corporation today reported first quarter 2021 results. Successor Predecessor Period from Feb 6, 2021 - Mar 31, 2021 Period from Jan 1, 2021 - Feb 5, 2021 Three Months Ended Three Months Ended Dec 31, 2020 Mar [...]
Noble Corporation today announced it plans to report financial results for the first quarter 2021 on Tuesday, May 4, 2021. Copies of the Company's press release will be available on the Noble Website at www.noblecorp.com. Noble also has scheduled a conference call and webcast related to its first quarter 2021 results on Wednesday, May 5, 2021, at 8:00 a.m. U.S. Central Time. Interested parties are invited to listen to the [...]
Noble Corporation today announced that the Company's Board of Directors has appointed Paul Aronzon to serve as a Director. Charles M. Sledge, on behalf of the Board of Directors, commented, "We are pleased to welcome Paul to Noble's Board of Directors. We look forward to adding his knowledge and experience as we remain focused on safe and efficient operations for our customers and continue our drive towards sustainable [...]
Noble Corporation today announced the completion of its acquisition of Pacific Drilling Company LLC , effective on April 15, 2021. Pacific Drilling's high specification ultra-deepwater drillship fleet further enhances Noble's global position as an owner and operator of one of the most modern and technically advanced fleets in the offshore drilling industry. Robert Eifler, President and Chief Executive Officer, said, "I am [...]
SUGAR LAND, Texas and Noble Corporation and Pacific Drilling Company LLC announced today that they have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction. The definitive merger agreement was unanimously approved by each company's Board of Directors. The transaction has also been approved by a majority of Pacific Drilling's equity holders, and no [...]
- Completed financial restructuring on February 5, 2021 - Achieved zero lost-time incidents during 2020 and set several company safety records during the year - Contract backlog over $1.6 billion at the end of 2020 - Fourth quarter results include a non-cash, before-tax charge of $2.8 billion relating to the impairment of certain rigs and related capital spares Noble Corporation , as the successor entity for Noble Holding [...]
Noble Corporation today announced that its report of drilling rig status and contract information has been updated as of March 11, 2021. The report, titled "Fleet Status Report," can be found on the Company's Website www.noblecorp.com, under the "Investor Relations" section of the Website. About Noble Corporation Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates [...]
- Strong financial foundation with approximately $600 million of liquidity and less than $400 million of debt - Contract backlog of over $1.5 billion, spread across high-spec focused fleet - High-spec fleet of 19 rigs with average age of 7 years Noble Holding Corporation plc announced today that on February 5, 2021 it successfully completed its financial restructuring and its debtor affiliates have emerged from Chapter 11 [...]
Noble Holding Corporation plc announced today that the United States Bankruptcy Court for the Southern District of Texas has issued an order approving the Company's Joint Plan of Reorganization . The Company is working towards emergence as soon as possible upon receipt of certain regulatory approvals which could be received late this year or early 2021. The Plan received widespread support from creditors and upon [...]
Noble Corporation plc announced today that it has changed its name to Noble Holding Corporation plc to allow the ultimate parent company that emerges from the Chapter 11 reorganization to use the name "Noble Corporation plc" The temporary name change relating to the ultimate parent entity will not affect current shareholders, and no action by shareholders is required. The Company's trading symbol did not change. Robert W [...]
SUGAR LAND, Texas, Nov. 4, 2020 /PRNewswire/ -- Noble Corporation plc today announced that its report of drilling rig status and contract information has been updated as of November 4, 2020. The report, titled "Fleet Status Report," can be found on the Company's Website www.noblecorp.com, under the "Investor Relations" section of the Website. About Noble Corporation plc Noble is a leading offshore drilling contractor for [...]
Noble Corporation plc today reported third quarter 2020 results. Three Months Ended Sept. 30, 2020 Jun. 30, 2020 Sept. 30, 2019 Total Revenue $ 242 $ 238 $ 276 Net Income Adjusted EBITDA* 76 58 68 Adjusted Net Income * 1 Diluted Earnings Per Share Adjusted Diluted Earnings Per Share* - Contract Drilling Services Backlog 1,681 1,359 1,966 * A Non-GAAP supporting schedule is included with the statements and schedules [...]