Noble Corporation plc (NE) has inked a contract for its Noble Venturer drillship to be utilized for an upcoming drilling campaign conducted by Trident Energy offshore Equatorial Guinea. The drilling campaign is expected to begin shortly. Noble Corporation had previously stated that the expected duration of the project was 150 days. The Noble Venturer is expected to drill an Akeng Deep ILX well in Block S. This well is aimed at testing a play in the Albian. This drilling campaign targets an estimated gross m ...

LOS ANGELES, June 24, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company that owns 18 restaurant brands, today announced that Andy Wiederhorn, Chairman of FAT Brands, will present at Noble Capital Markets' Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference on June 27 at 11:00 a.m. Eastern Standard Time. The formal presentation will feature a fireside style Q&A session with questions welcome from the l ...

● . June 24, 2024 8:30 AM EDT | Source: BioHarvest Sciences Inc. CEO Ilan Sobel is scheduled to host virtual one-on-one meetings with institutional investors throughout the event, and will host a virtual presentation as follows: Date: Thursday, June 27, 2024 Time: 1:30 p.m. Eastern time Registration: https://www.meetmax.com/sched/event_107201/investor_reg_new.html? attendee_role_id=NOBLE_INVESTOR A video webcast of the presentation will be available following the event at BioHarvest.com and as part of a com ...

Upon the closure of the transaction, Diamond Offshore shareholders will receive 0.2316 shares of NE with a cash compensation of $5.65 per share of Diamond Offshore's common stock. Diamond Offshore shareholders will own 14.5% of NE's outstanding shares. Per the terms of the agreement, Noble's board will expand to include one member from DO's board of directors. To fund the cash portion of the deal, Noble has secured a $600 million committed bridge financing facility. The acquisition should allow Noble to con ...

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Core Viewpoint - Noble Corporation has entered into a definitive merger agreement to acquire Diamond Offshore Drilling, which is expected to enhance its operational capabilities and shareholder value through significant synergies and an expanded fleet [6][18][19]. Financial Aspects - The acquisition will involve Diamond shareholders receiving 0.2316 shares of Noble and $5.65 in cash per Diamond share, totaling approximately $600 million in cash [10][34]. - The transaction represents an 11.4% premium to Diamond's closing stock price on June 7, 2024 [18][34]. - Noble anticipates realizing annual pre-tax cost synergies of $100 million, with 75% expected to be realized within one year of closing [1][6]. - The combined backlog for Noble and Diamond will be approximately $6.5 billion, with Diamond contributing $2.1 billion to this total [12][21]. Operational Synergies - The merger will add four 7th generation drillships and a high-spec harsh environment semisubmersible rig to Noble's fleet, enhancing its operational capabilities [6][20]. - The transaction is expected to be immediately accretive to Noble's free cash flow per share, facilitating an increased return of capital to shareholders [9][19]. Strategic Rationale - The merger is positioned as a strategic move to create a more robust platform for delivering customer and shareholder value, leveraging Noble's operational strength and Diamond's established market presence [19][20]. - Both companies share a commitment to safety, operational excellence, and service, which is expected to drive successful integration [8]. Governance and Structure - Following the merger, Diamond shareholders will own approximately 14.5% of Noble's outstanding shares on a fully diluted basis [10][18]. - Noble's Board of Directors will be expanded to include one member from Diamond's Board [11]. Dividend Information - Noble has announced a 25% increase in its quarterly dividend to $0.50 per share, effective from the third quarter of 2024 [19][25].

The Noble Resilient jack-up rig was built in 2009 and features the Gusto MSC CJ50 X100 MC design. Its maximum drilling depth is nearly 30,000 feet and can operate in water depths of up to 350 feet. Noble Corporation plc (NE) , the offshore drilling contractor, has struck a new deal with U.K.-based Harbour Energy (HBRIY) for one of its harsh environment jack-up rigs. The rig Noble Resilient has been tasked with well intervention work in the U.K. North Sea, for Harbour Energy. The contract, scheduled to begin ...

Noble Corporation plc (NYSE:NE) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Ian MacPherson - VP, IR Robert Eifler - President & CEO Richard Barker - CFO Blake Denton - SVP, Marketing & Contracts Joey Kawaja - SVP, Operations Conference Call Participants Kurt Hallead - Benchmark Eddie Kim - Barclays Greg Lewis - BTIG David Smith - Pickering Energy Partners Doug Becker - Capital One Noel Parks - Tuohy Brothers Operator Good morning, and thank you for standing by. My name is Ab ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Noble Corporation PLC (NE) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.64%. A quarter ago, it was expected that this company would post earnings of $0.56 per share when it actually produced earnings of $0.39, delivering a surprise of -30.36%.Over the last four quarters, the co ...