tiprankstipranks
Trending News
More News >

Noble Corporation Reports Strong Q1 2025 Financial Results

Story Highlights

An announcement from Noble Corporation PLC Class A ( (NE) ) is now available.

On April 28, 2025, Noble Corporation plc reported its first quarter 2025 financial results, highlighting a net income of $108 million and a backlog increase to $7.5 billion, driven by new contract awards totaling 15 rig years. The company maintained its quarterly cash dividend and provided guidance for the full year 2025, emphasizing its strategic focus on building backlog and optimizing operations amid macroeconomic volatility.

More about Noble Corporation PLC Class A

Noble Corporation plc operates in the offshore drilling industry, providing contract drilling services with a focus on strategic drilling campaigns. The company is known for its fleet of floaters and jackups, serving major clients in regions like the U.S. Gulf, Suriname, and the North Sea.

Current Market Cap: $3.33B

Find detailed analytics on NE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App