OverviewSuggest Edit

Noble Corporation is a company that provides contract drilling services to the international oil and gas industry with its global fleet of mobile offshore drilling units. It focuses on a balanced, high-specification fleet of floating and jack-up rigs and the deployment of its drilling rigs in oil and gas basins around the world.

TypePublic
Founded1921
HQLondon, GB
Websitenoblecorp.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)2,000
Job Openings16
Revenue (FY, 2020)$964.3 M(-26%)
Share Price (Feb 2021)$0.1
Cybersecurity ratingBMore
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Key People/Management at Noble

Julie J. Robertson

Julie J. Robertson

Executive Chairman
Robert W. Eifler

Robert W. Eifler

President and Chief Executive Officer
William E. Turcotte

William E. Turcotte

Senior Vice President, General Counsel, and Corporate Secretary
Richard B. Barker

Richard B. Barker

Senior Vice President and Chief Financial Officer
Joey M. Kawaja

Joey M. Kawaja

Vice President, Operations
Laura D. Campbell

Laura D. Campbell

Vice President and Controller
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Noble Office Locations

Noble has offices in London, Aberdeen, Sugar Land, Footscray and in 12 other locations
London, GB (HQ)
10 Brook St, Mayfair
Aberdeen, GB
6 International Avenue, ABZ Business Park
Footscray, AU
Office 230 / Level/525 Collins St
West Perth, AU
Suite 1/16 Ord St
St. John's, CA
102-35 Blackmarsh Rd
Grand Cayman, KY
Ste. 3D, Landmark Square 64 Earth Close, P.O.Box 31327 Grand Cayman
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Noble Financials and Metrics

Noble Revenue

Noble's revenue was reported to be $964.27 m in FY, 2020
USD

Revenue (FY, 2020)

964.3m

Net income (FY, 2020)

(4.0b)

EBIT (FY, 2020)

(4.1b)

Market capitalization (12-Feb-2021)

13.3m

Closing stock price (12-Feb-2021)

0.1

Cash (31-Mar-2021)

116.3m

EV

297.0m
Noble's current market capitalization is $13.3 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.2b1.1b1.3b964.3m

Revenue growth, %

(12%)21%

General and administrative expense

71.6m73.2m168.8m121.2m

Operating expense total

1.4b2.0b2.0b121.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

235.2m258.4m279.4m282.9m292.9m275.5m281.3m237.9m241.8m

General and administrative expense

22.1m21.7m14.7m16.0m116.3m17.6m17.8m73.0m15.7m

Operating expense total

292.0m1.1b301.3m306.7m411.6m915.5m1.4b333.4m260.7m

Depreciation and amortization

128.8m129.7m113.9m109.6m111.1m112.8m103.7m89.4m90.6m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

662.8m375.2m104.6m343.3m

Accounts Receivable

204.7m200.7m198.7m147.9m

Prepaid Expenses

80.3m

Current Assets

1.0b659.1m422.1m602.3m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

461.7m411.5m326.3m187.1m153.8m136.0m175.9m191.2m325.1m116.3m

Accounts Receivable

181.8m212.2m200.2m211.7m222.9m206.2m208.8m164.0m167.4m178.9m

Prepaid Expenses

27.8m

Current Assets

720.5m697.3m660.8m461.1m462.1m445.3m621.3m601.2m611.2m354.6m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(493.9m)(1.1b)(874.4m)(4.0b)

Depreciation and Amortization

548.0m486.5m440.2m

Accounts Payable

22.6m15.0m(2.3m)

Cash From Operating Activities

453.9m171.9m186.8m273.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(143.3m)(1.0b)(1.1b)(67.0m)(215.6m)(922.6m)(1.1b)(1.1b)(1.2b)

Depreciation and Amortization

128.8m258.4m372.3m109.6m220.7m333.5m103.7m193.0m283.7m

Accounts Payable

6.2m1.0m8.5m(1.9m)(3.2m)366.0k(9.0m)(9.7m)(1.5m)

Cash From Operating Activities

54.9m53.9m43.3m(40.8m)(7.5m)(31.5m)(810.0k)48.3m236.7m
USDFY, 2017

EV/EBIT

-28.1 x

EV/CFO

10.1 x

EV/FCF

13.4 x

Revenue/Employee

618.5k

Debt/Equity

0.7 x

Debt/Assets

0.4 x

Financial Leverage

1.8 x

P/E Ratio

(2.1)
Show all financial metrics

Noble Operating Metrics

FY, 2017FY, 2018FY, 2019

Offshore Drilling Units

282425

Drillships

888

Semisubmersibles

644

Jackups

141213
Show all operating metrics

Noble Acquisitions / Subsidiaries

Company NameDateDeal Size
Noble FDR Holdings LimitedJune 29, 2010
Bully 1 (Switzerland) GmbH
Bully 1 (US) Corporation
Bully 2 (Switzerland) GmbH
Frontier Driller Cayman, Ltd.
Frontier Driller, Inc.
Frontier Driller Kft.
Frontier Driller, Ltd.
Maurer Technology Incorporated
NE do Brasil Participacoes E Investimentos Ltda.
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Noble Revenue Breakdown

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Noble revenue breakdown by business segment: 95.5% from Contract drilling services and 4.5% from Other

Noble revenue breakdown by geographic segment: 11.9% from Saudi Arabia, 14.7% from United States, 10.1% from Guyana, 19.3% from Malaysia, 18.6% from United Kingdom and 25.4% from Other

Noble Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Noble Online and Social Media Presence

Embed Graph

Noble News and Updates

Noble Corporation plc Reports Second Quarter 2019 Results

LONDON, Aug. 1, 2019 /PRNewswire/ -- Noble Corporation plc (NYSE: NE, the Company) today reported a net loss attributable to the Company for the three months ended June 30, 2019 (second quarter) of $152 million, or $0.61 per diluted share, on total revenues of $293 million. Results for...

Noble Corporation plc To Present At Credit Suissse 24th Annual Energy Summit

LONDON, Feb. 4, 2019 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced that Adam C. Peakes, Senior Vice President and Chief Financial Officer, will present at the Credit Suisse 24th Annual Energy Summit in Vail, Colorado. The presentation is scheduled to begin at 9:15 a.m....

Noble Corporation plc To Announce Fourth Quarter And Full Year 2018 Results

LONDON, Jan. 17, 2019 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced it plans to report financial results for the fourth quarter and full year 2018 on Wednesday, February 20, 2019, after the close of trading on the New York Stock Exchange. Copies of the Company's press...

Noble Corporation plc To Announce Third Quarter 2018 Results

LONDON, Oct. 3, 2018 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced it plans to report financial results for the third quarter 2018 on Wednesday, October 31, 2018, after the close of trading on the New York Stock Exchange. Copies of the Company's press release will be...

Noble Corporation plc Announces Purchase Of Newbuild Jackup And Secures Initial Contract Award

LONDON, Sept. 21, 2018 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced the purchase of a new Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean) in connection with a concurrently awarded drilling contract. Noble paid $33.75 million of the $93.75 million...

Noble Corporation plc Provides Fleet Contract Status Update

LONDON, Sept. 4, 2018 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced that its report of drilling rig status and contract information has been updated as of September 4, 2018. The report, titled "Fleet Status Report," can be found on the Company's Website...
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Noble Blogs

Noble Corporation plc To Participate At The Barclays CEO Energy-Power Conference

LONDON , Aug. 28, 2019 /PRNewswire/ --  Noble Corporation plc (NYSE:NE) today announced that Julie J. Robertson , Chairman, President and Chief Executive Officer, will participate in an industry discussion at the Barclays CEO Energy-Power Conference in New York City on Wednesday, September 4, 2019

Noble Corporation plc To Announce Second Quarter 2019 Results

LONDON , July 8, 2019 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced it plans to report financial results for the second quarter 2019 on Thursday, August 1, 2019 , after the close of trading on the New York Stock Exchange . Copies of the Company's press release will be available

Noble Frequently Asked Questions

  • When was Noble founded?

    Noble was founded in 1921.

  • Who are Noble key executives?

    Noble's key executives are Julie J. Robertson, Robert W. Eifler and William E. Turcotte.

  • How many employees does Noble have?

    Noble has 2,000 employees.

  • What is Noble revenue?

    Latest Noble annual revenue is $964.3 m.

  • What is Noble revenue per employee?

    Latest Noble revenue per employee is $482.1 k.

  • Who are Noble competitors?

    Competitors of Noble include Odfjell Drilling, Transocean and Helmerich & Payne.

  • Where is Noble headquarters?

    Noble headquarters is located at 10 Brook St, Mayfair, London.

  • Where are Noble offices?

    Noble has offices in London, Aberdeen, Sugar Land, Footscray and in 12 other locations.

  • How many offices does Noble have?

    Noble has 17 offices.