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Added to YB: 2025-07-17

Pitch date: 2025-07-11

NE [bullish]

Noble Corporation plc

Author Info

No bio for this author

Company Info

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide.

Market Cap

$4.6B

Pitch Price

N/A

Price Target

N/A

Dividend

6.97%

Sector

Energy Equipment and Services

Category

growth

Show full summary:
Patient Capital Management New Position: Noble Corporation plc

NE (new position): Leading offshore driller in attractive market as land production slows. Industry consolidated to 4 players, rig supply constrained with 50% scrapped. 2025 guidance backed by contracted backlog. Cost discipline driving margin expansion & FCF. 7% dividend + 8% buyback = 100% FCF return. Well-positioned for consolidation.

Read full article (1 min)