Marine Link
Sunday, September 25, 2016

Offshore Driller Noble Corp Q1 Earnings Beat Forecasts

April 16, 2014

Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues.

ThomsonReuters I/B/E/S had forecast earnings of 70 cents a share or 82 cents a share excluding special items.

Noble, whose fleet of 77 drilling units provides services oil and gas companies globally, said drilling revenues rose to $1.2 billion in the latest quarter from $928,737 a year earlier as several new rigs became operational and fleet operating days improved.

(Reporting By Terry Wade)



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News