NYSE:NEEnergy Services
Noble’s High Spec Focus Builds Record Backlog And Fuels Share Momentum
Noble Corporation (NYSE:NE) has secured major new contract awards tied to its high-spec offshore drilling fleet.
The company has completed the sale of non core jackups, concentrating its portfolio on deepwater and harsh environment assets.
These deals have contributed to what Noble describes as a record industry backlog and increased exposure to the Norwegian Continental Shelf.
Noble, trading at $45.82, has seen strong share price momentum, with the stock up 16.9% over the past week and...