other material
confidence high
sentiment neutral
materiality 0.60
Noble provides supplemental Maersk Drilling 9M 2022 financials and pro forma combined data
Noble Corp plc
- Maersk Drilling 9M 2022 revenue $816M, down 14% YoY from $946M; net loss $186M vs profit $60M.
- Impairment losses of $117M in 9M 2022, including $99M on cold-stacked Maersk Explorer.
- Maersk Drilling repaid $226M of debt in March 2022; total borrowings reduced to $735M.
- Pro forma combined statement for FY2022 reflects merger with exchange ratio 1.6137 shares per Maersk Drilling share.
- Revenue backlog $2.2B as of Sep 30, 2022, up from $1.9B at Dec 31, 2021.