Noble Corporation: Higher Day Rates Are Coming (NYSE:NE)

Through consolidation, very few players remain in the offshore drilling industry, and the significant replacement cost of offshore rigs creates a moat for these companies. A large portion of long-term contracts are set to start in lateWalnut Investing is an individual self-taught value investor with PhD in Engineering and working as a Staff Data Scientist in the Tech Industry. He has five years of experience in Value Investing. He has a long-term time horizon in his investment ideas. He believes in finding ...