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Noble Corporation PLC (NE.N)

NE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Noble Corporation Says Former CEO David Williams' FY 2017 Total Compensation Was $8.9 Mln
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Noble Corporation Plc ::NOBLE CORPORATION PLC SAYS FORMER CEO DAVID WILLIAMS' FY 2017 TOTAL COMPENSATION WAS $8.9 MILLION VERSUS $9.6 MILLION IN FY 2016 - SEC FILING.NOBLE CORPORATION PLC SAYS CEO JULIE ROBERTSON'S FY 2017 TOTAL COMPENSATION WAS $4.4 MILLION VERSUS $4.1 MILLION IN FY 2016.  Full Article

Speedcast International To Provide Equipment And Services To Noble Corp's Drilling Fleet​
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Speedcast International Ltd : :SELECTED BY NOBLE CORPORATION TO PROVIDE NEW COMMUNICATIONS EQUIPMENT AND SERVICES TO GLOBAL DRILLING FLEET​.  Full Article

Noble Corp Announces Retirement Of CEO
Friday, 12 Jan 2018 

Jan 11 (Reuters) - Noble Corporation Plc ::NOBLE CORPORATION PLC ANNOUNCES RETIREMENT OF CHIEF EXECUTIVE OFFICER DAVID W. WILLIAMS AND NAMES JULIE J. ROBERTSON AS SUCCESSOR.NOBLE CORPORATION PLC - ‍LEADERSHIP SUCCESSION PLAN CALLS FOR WILLIAMS TO REMAIN WITH CO THROUGH FEB 2018, SERVING IN ADVISORY CAPACITY​.  Full Article

Noble Corporation Plc Receives Commitments For New Credit Facility Maturing In 2023
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Noble Corporation Plc ::NOBLE CORPORATION PLC RECEIVES COMMITMENTS FOR NEW CREDIT FACILITY MATURING IN 2023.NOBLE CORPORATION - NEW CREDIT FACILITY IS EXPECTED TO PROVIDE BORROWING CAPACITY OF $1.5 BILLION WITH AN EXPECTED MATURITY OF JANUARY 2023.NOBLE CORPORATION - CO WOULD RETAIN AN INCREMENTAL $300 MILLION IN CAPACITY UNDER ITS CURRENT CREDIT FACILITY.  Full Article

Noble Corporation reports third quarter 2017 results
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Noble Corporation Plc :Noble Corporation Plc reports third quarter 2017 results.Q3 loss per share $0.40.Q3 revenue $266 million versus I/B/E/S view $268.7 million.Q3 earnings per share view $-0.36 -- Thomson Reuters I/B/E/S.Q3 loss per share $0.36 excluding items.Noble Corporation Plc - qtrly total average dayrate ‍$168,127​ versus $238,869 last year.Noble Corporation Plc - ‍contract backlog totaled approximately $3.2 billion at September 30, 2017​.Noble Corporation Plc - qtrly total average rig utilization ‍60%​ versus 59% last year.Noble Corp-current contract backlog of $3.2 billion is expected to provide revenues in 2018 that exceed $860 million & revenues of over $700 million in 2019​.Noble Corporation Plc - ‍current expectation for 2018 is to generate positive free cash flow​.  Full Article

Noble Corp says Firefly Value Partners reports 5 pct passive stake in co
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Noble Corporation PLC :Firefly Value Partners LP reports 5 percent passive stake in Noble Corporation PLC, as of September 8, 2017 - SEC filing.‍​.  Full Article

Noble Corporation PLC Q4 loss per share $5.36
Friday, 10 Feb 2017 

Noble Corporation PLC : Noble corporation plc reports fourth quarter and full year 2016 results . Q4 loss per share $5.36 . Q4 revenue $410 million versus I/B/E/S view $390.9 million . Q4 earnings per share view $-0.22 -- Thomson Reuters I/B/E/S . Noble Corporation PLC says utilization of company's floating fleet for Q4 of 2016 improved to 43 percent compared to 41 percent during previous quarter . Noble Corporation PLC says jackup rig fleet recorded utilization in Q4 of 86 percent compared to 80 percent in previous quarter . Noble Corporation PLC says at December 31, 2016, company's contract backlog totaled $3.3 billion . Noble Corporation PLC says Q4 results included charge totaling $1.3 billion, or $5.34 per diluted share, relating to impairment of five rigs and certain other capital spares . Noble Corporation PLC says Q4 total average rig utilization 62% versus 83% last year . Noble Corporation PLC says reduction in backlog contemplates previously disclosed agreement with shell pertaining to contract amendments . Noble Corporation PLC says "our industry continues to experience weakness" . Noble Corporation PLC says Q4 total average dayrate $ 238,704 versus $367,953 last year .Qtrly adjusted earnings per share $0.15.  Full Article

Paragon Offshore announces agreement in principle for restructuring agreement with bondholders and revolver banks
Monday, 8 Aug 2016 

Paragon Offshore Plc : Revolving credit agreement will still be modified to include a $165 million cash paydown with balance of approximately $631 million . Under revised plan, bondholders will collectively receive $285 million of cash, or $60 million less than in original plan . Expects to emerge from its bankruptcy process in october . Is in process of seeking requisite signatures to amended psa from revolver lenders . Definitive settlement agreement between paragon and noble corporation remains in place with certain modifications . Noble will provide direct bonding for requirements necessary to challenge tax assessments in mexico relating to paragon business for tax years 2005 through 2010 . Paragon offshore announces agreement in principle for revised restructuring agreement with bondholders and revolver banks . Agreement further enhances liquidity and strengthens balance sheet by allowing paragon to retain $60 million of additional cash .Contingency payment provisions in original plan for 2016 and 2017 have been eliminated under revised plan.  Full Article

Noble Corp posts Q2 adj. EPS $0.01, reduces FY capex forecast
Thursday, 28 Jul 2016 

Noble Corporation Plc : Noble corporation plc reports second quarter 2016 results . Q2 revenue $895 million . Full year capital expenditure estimate reduced to $675 million . Qtrly average dayrate $ 509,145 versus $ 340,217 . Q2 revenue view $510.4 million -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.01 excluding items . Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . "Industry conditions remain challenging" . "Utilization in our floating rig fleet declined steeply in quarter, due in part to contractual settlement with Freeport" . Says at June 30, 2016, noble's total contract backlog stood at $5.1 billion .Qtrly average rig utilization 65% versus 83%.  Full Article

UPDATE 1-Noble Corp reports smaller-than-expected quarterly loss

May 2 Offshore drilling contractor Noble Corp Plc on Wednesday reported a smaller-than-expected quarterly loss on lower expenses amid a lower fleet utilization rate.