secwatch.observer — SEC 8-K summary
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Issuer:     Noble Corp plc (NE)
CIK:        0001895262
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001193125-23-012309
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noble cuts Q4 2022 Adj. EBITDA guidance to $140-150M; net debt $203M
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- Adjusted EBITDA expected $140-150M, down from prior guidance of $155-175M due to Noble Regina Allen mechanical issues.
- Net debt $203M ($673M debt, $470M cash) as of Dec 31, 2022; over $85M share repurchases in Q4.
- Drillship Noble Stanley Lafosse awarded $148M contract for six-well program in US Gulf of Mexico.
- Drillship Noble Faye Kozak one-well contract with Kosmos at $450,000/day for 50 days.
- Noble Regina Allen contract terminated; jacking system failure; off dayrate, no loss-of-hire insurance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895262/000119312523012309/0001193125-23-012309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895262/000119312523012309/d415512d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-012309

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