secwatch.observer — SEC 8-K summary
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Issuer:     Noble Corp plc (NE)
CIK:        0001895262
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001628280-23-005146
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noble Q4 2022 revenue $623M, net income $135M; guides FY2023 EBITDA $725-825M
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- Q4 revenue $623M, contract drilling revenue $586M; net income $135M ($0.92 diluted EPS); adjusted EBITDA $157M.
- Integration of Maersk Drilling: $50M synergies realized to date; target $125M; $96M in share repurchases to date.
- Q4 cash from ops $171M, free cash flow $106M; total debt $673M, cash $476M; paid off $150M term loan post-Q4.
- Backlog $3.9B; FY2023 guidance: revenue $2.35-2.55B, adj. EBITDA $725-825M, capex $325-365M.
- Marketed floater utilization 91% in Q4; jackup utilization 85%; avg dayrate on floater backlog ~$400k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895262/000162828023005146/0001628280-23-005146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895262/000162828023005146/ne-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-005146

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