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Noble Corporation

NE

Noble Corporation plc is a leading offshore drilling contractor providing specialized contract drilling services to the global oil and gas industry.

Market cap
$6.88B+60.3%
Net income$149.6M-51.6%
Free cash flow$283.9M-31.4%
EPS (diluted)$0.94-51.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 26, 2026 (in 3 months)
Revenue estimate$730.6M
EPS estimate$0.23

Financials

Q2 2026

Income statement

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Operating income$30.5M-77.5%
Net income-$36.7M-186%
EPS (diluted)-$0.23-185%

Balance sheet

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Cash & equivalents$456.2M+32.1%
Total debt$1.9B-4.5%
Total equity$4.5B-3.1%
Total assets$7.2B-5.6%

Cash flow

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Operating cash flow$144.2M-33.4%
CapEx$204.5M+75.4%
Free cash flow-$60.4M-161%

Valuation & ratios

Valuation

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Market cap$6.88B+60.3%
Enterprise value$8.31B+33.2%
P/E46×+31.1×

Returns & leverage

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Return on equity3.3%-3.9pp
Debt / equity0.4×0.0×
Current ratio1.9×+0.1×

Competitors

Profile

Noble Corporation plc is a leading offshore drilling contractor providing specialized contract drilling services to the global oil and gas industry. The company operates a high-specification fleet of mobile offshore drilling units, including advanced floaters and jackup rigs, focused on ultra-deepwater and ultra-harsh environment drilling. Its value proposition centers on technical fleet sophistication, best-in-class safety performance, and long-standing operational expertise in major offshore basins.

Competitive position

A leading offshore driller with one of the youngest and highest specification fleets in the industry, specializing in ultra-deepwater and ultra-harsh environments.

GeographiesAfrica, Far East Asia, North Sea, Oceania, South America, United States Gulf of Mexico
Customer segmentsGlobal energy majors, National oil companies
Business modelDayrate contract services, Asset-heavy service provider
SuppliersShipyards and rig manufacturers, Labor contractors and agencies, Equipment and incidental supply vendors, Fuel and mobilization logistics providers
CustomersGlobal integrated oil companies, Independent exploration and production firms, State-owned energy enterprises
Listed2022
Employees3.6K
CEORobert W. Eifler
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Noble Corporation's market cap?
Noble Corporation (NE) has a market capitalization of $6.9B and trades on NYSE.
Who are Noble Corporation's competitors?
Noble Corporation's key competitors include Transocean Ltd., Valaris Limited, Seadrill Limited, and others. These companies compete in similar markets and product categories.
What subsidiaries does Noble Corporation have?
Noble Corporation's subsidiaries include Diamond Offshore Drilling, Inc., Dolphin Merger Sub 1, Inc., Dolphin Merger Sub 2, Inc..
Where is Noble Corporation headquartered?
Noble Corporation is headquartered in United States of America and employs approximately 3,600 people. It has been publicly traded since 2022.