Noble Corporation PLC Class A (NE)

Over the past six months, Noble Corp. Plc experienced several stock-related events. In Q1 2025, Noble reported strong financial results and secured nearly $2.7 billion in new contracts. In Q2 2025, Noble topped revenue expectations but delivered underwhelming profits and trimmed its revenue outlook for 2025. In Q3 2025, Noble reported a net loss but exceeded revenue estimates and increased its backlog. Noble Corporation plc was added to the S&P indices. Over the last year, Noble Corporation's stock has dropped by approximately 26%.

The demand for Noble Corp. Plc's contract drilling services is influenced by the cyclical nature of the oil and gas industry. Noble's strategy of securing long-term contracts helps to mitigate some of this volatility. Analysts anticipate a recovery in deepwater demand by late 2026 or early 2027.

Noble Corporation Plc is a leading offshore drilling contractor providing contract drilling services to the international oil and gas industry, focusing on hydrocarbon exploration, development, and production in offshore environments. The company's major products and services include drillships for ultra-deepwater operations, semisubmersibles for various water depths, and jackups for shallow to moderate water depths. Noble also provides comprehensive contract drilling services, including exploration, development, and well maintenance, along with engineering and project management expertise.

Noble Corporation Plc has a global presence, deploying its drilling rigs in oil and gas basins around the world, including Africa, Far East Asia, the Middle East, the North Sea, Oceania, South America, and the US Gulf of Mexico. The company has approximately 6,300 employees across six continents, including North America, Europe, and Asia.

Noble Corporation maintains a reputation as a leading offshore drilling contractor with a focus on innovation, sustainability, and operational excellence. The acquisition of Diamond Offshore is expected to strengthen its market position. A partnership with Kongsberg Digital highlights Noble's commitment to advanced training. While the company has faced periods of lower profits, analysts largely maintain a "buy" consensus.

Noble Corporation Plc has significant institutional ownership, with major holders including Vanguard Group Inc., First Eagle Investment Management, LLC, and BlackRock, Inc. Insider ownership is reported at 1.18%. APMH INVEST A/S notified Noble of its holding corresponding to 20.01% of the voting rights and total share capital.