secwatch.observer — SEC 8-K summary
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Issuer:     Noble Corp plc (NE)
CIK:        0001895262
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001628280-24-033765
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noble Q2 net income $195M; announces Diamond Offshore acquisition; dividend raised to $0.50
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- Q2 net income $195M, diluted EPS $1.34; Adjusted EBITDA $271M on revenue $693M.
- Full-year revenue guidance raised to $2.65-2.75B; Adj EBITDA narrowed to $950M-$1B.
- Announced acquisition of Diamond Offshore Drilling; expected to close by Q1 2025.
- Q3 dividend increased to $0.50/share (from $0.40); payable Sept 26, record Sept 12; $2.00 annualized.
- Backlog $4.2B; new contracts worth ~$275M; free cash flow negative $26M due to working capital build.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895262/000162828024033765/0001628280-24-033765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895262/000162828024033765/ne-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-033765

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