Noble plc(NE)

Search documents
Noble plc(NE) - 2025 Q1 - Earnings Call Transcript
2025-04-29 18:13
Noble (NE) Q1 2025 Earnings Call April 29, 2025 02:13 PM ET Speaker0 Thank you for standing by. My name is Bailey, and I will be your conference operator today. At this time, I would like to welcome everyone to the Noble Corporation First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the call over to Ian McPherson, Vice President of Investor Relat ...
Noble plc(NE) - 2025 Q1 - Earnings Call Presentation
2025-04-29 01:17
Noble Corporation plc First Quarter 2025 Earnings Conference Call April 29, 2025 Disclaimer Forward-Looking Statements This communication includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, as amended. All statements other than statements of historical facts included in this communication are forward looking statements. These statements, opinions, forecasts, scenarios and projections relate to, among other things, the long-term o ...
Noble Corporation PLC (NE) Misses Q1 Earnings Estimates
ZACKS· 2025-04-28 22:31
Core Viewpoint - Noble Corporation PLC reported quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.31 per share, and down from $0.45 per share a year ago, indicating an earnings surprise of -16.13% [1] - The company posted revenues of $874.49 million for the quarter, surpassing the Zacks Consensus Estimate by 2.41%, and up from $637.08 million year-over-year [2] Earnings Performance - Over the last four quarters, Noble Corporation has surpassed consensus EPS estimates only once [2] - The company had an earnings surprise of -5.08% in the previous quarter, with actual earnings of $0.56 per share against an expected $0.59 [1][2] Stock Performance - Noble Corporation shares have declined approximately 33.1% since the beginning of the year, compared to a decline of -6.1% for the S&P 500 [3] - The current Zacks Rank for the stock is 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.60 on revenues of $871.35 million, and for the current fiscal year, it is $1.29 on revenues of $3.39 billion [7] - The outlook for the Oil and Gas - Drilling industry is unfavorable, currently ranking in the bottom 13% of over 250 Zacks industries, which may impact Noble Corporation's stock performance [8]
Noble plc(NE) - 2025 Q1 - Quarterly Results
2025-04-28 20:55
NOBLE CORPORATION PLC ANNOUNCES FIRST QUARTER 2025 RESULTS HOUSTON, TEXAS, April 28, 2025 - Noble Corporation plc (NYSE: NE, "Noble" or the "Company") today reported first quarter 2025 results. | | | | Three Months Ended | | | | | --- | --- | --- | --- | --- | --- | --- | | | | | | | December 31, | | | (in millions, except per share amounts) | March 31, 2025 | | March 31, 2024 | | 2024 | | | Total Revenue | | $ 874 | $ | 637 | $ | 927 | | Contract Drilling Services Revenue | | 832 | | 612 | | 882 | | Net In ...
First-Ever Proposed US $1 Trillion Defense Budget Recognizes Escalating Threats
GlobeNewswire News Room· 2025-04-17 12:01
WILMINGTON, Mass., April 17, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FSE: E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is highlighting the recent announcement of a potential $1T budget to focus on US National Defense spending. The Trump Administration has announced that, for the first time in American history, they will request $1 trillion for US defense and that t ...
Petrobras Signs Extended Contract for Noble Discoverer Rig
ZACKS· 2025-04-14 11:06
Petrobras (PBR) , Brazil’s prominent state-run oil and gas company, has successfully extended its partnership with Noble Corporation plc (NE) , a leading offshore drilling contractor based in Houston, TX. This strategic extension reaffirms Petrobras' commitment to its offshore drilling operations in Colombia, as the companies collaborate to push forward energy exploration and production goals in the region. The renewed contract involves the Noble Discoverer, an ultra-modern semi-submersible rig, securing it ...
Noble Corporation plc to announce first quarter 2025 results
Prnewswire· 2025-04-08 20:05
HOUSTON, April 8, 2025 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (NYSE: NE) today announces plans to report financial results for the first quarter 2025 on Monday April 28, 2025 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 2025 results on Tuesday, April 29, 2025 at 8:00 a.m. U.S. Central Time. Intereste ...
Noble Reports Updates Homeland Nickel
Thenewswire· 2025-04-07 11:30
TORONTO – TheNewswire - April 07, 2025 – Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSXV: NOB) (OTCQB: NLPXF) is pleased to report that the News Release issued today giving an Exploration and Corporate Update for Homeland Nickel in which Noble has a significant shareholding was issued today the contents of which are below. This all relates to the White House announcing immediate measures to be introduced to significantly increase the US production of lithium, nickel, copper, and rare earths ...
Noble Mineral highlights Successful Exploration Results announced by Canada Nickel, including Highest Grade to Date at Mann West
Thenewswire· 2025-03-13 16:30
Core Insights - Noble Mineral Exploration Inc. announced successful exploration drilling results from its joint venture partner Canada Nickel Company Inc. in East Timmins Nickel Ltd. [1] - Canada Nickel reported strong results from its properties, particularly the Mann West property, which delivered the highest grade interval to date with 0.63% nickel over 4.5 metres [2][3] - The regional exploration program is yielding excellent outcomes, with each of the Three Giants properties showing strong drilling results and a target footprint larger than the flagship Crawford Nickel Sulphide Project [3] Company Overview - Noble Mineral Exploration Inc. holds a 20% interest in the Mann property, which is located 22 kilometres east of Crawford and is primarily owned by Canada Nickel [4] - Canada Nickel is advancing nickel-sulphide projects to meet the demand for electric vehicles and stainless steel, with a focus on producing net zero carbon nickel and cobalt products [17] - Noble holds mineral rights in approximately 70,000 hectares in Northern Ontario and has various exploration targets at different stages [19][20] Drilling Results - The Mann West property has been drilled extensively, with 40 holes completed to date, and an initial resource estimate is expected by April 2025 [5] - Significant drilling highlights from Mann West include hole MAN24-79, which intersected 0.27% nickel over 452.3 metres, with higher grades of 0.63% nickel over 4.5 metres [7] - Mann South also showed promising results, with hole MAN24-88 intersecting 0.23% nickel over 435.1 metres [12] Future Prospects - Canada Nickel plans to publish six additional resource estimates by mid-2025, bringing the total to eight regional resources, highlighting the vast scale of nickel resources in the Timmins Nickel District [3] - The ongoing exploration and drilling activities are expected to enhance the understanding of the mineral potential in the region, which is critical for future development [4][10]
Noble Secures New Drilling Contract Offshore Suriname Worth $17.7M
ZACKS· 2025-03-06 18:51
Group 1: Contract Award and Details - Noble Corporation plc has been awarded a new drilling contract for one well offshore Suriname, expected to begin in Q4 2025 with an estimated duration of 65 days [1] - The contract is valued at approximately $17.7 million, including mobilization and de-mobilization fees [2] Group 2: Rig Specifications and History - The Noble Regina Allen rig, built in 2013, features a Friede & Goldman JU3000N design and can drill to a maximum depth of 35,000 feet, operating in depths of 400 feet underwater [2] - The rig experienced a mechanical failure in its jacking system in 2022, leading to its demobilization and significant downtime, resulting in the cancellation of its multi-well contract [3] Group 3: Recent Developments and Backlog - After repairs in Rotterdam, the rig secured a contract with TotalEnergies in September 2023 for a three-well project at an operating day rate of $150,000, with additional one-well options [4] - As of February 2025, Noble Corporation's project backlog totals $5.8 billion [4]