earnings
confidence high
sentiment positive
materiality 0.75
Noble Q4 revenue $927M, Adj EBITDA $319M; guides FY25 rev $3.25-3.45B
Noble Corp plc
2024-FY EPS reported
$2.96
revenue$3,057,818,000
- Q4 revenue $927M ($882M contract drilling); net income $97M; adjusted diluted EPS $0.56.
- FY2025 guidance: revenue $3.25-3.45B, adjusted EBITDA $1.05-1.15B, capex $375-425M.
- New contracts since Nov ~$525M; backlog $5.8B. Diamond synergies half of $100M realized.
- Board declares Q1 dividend $0.50/share, payable Mar 20; $575M returned via buybacks/dividends in 2024.
- Retired two cold-stacked drillships; marketed floater fleet 74% contracted in Q4.