Noble Corp (NE) Tops Q4 EPS by 14c

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Noble Corporation plc Reports Fourth Quarter and Full Year 2015 Results

February 3, 2016 5:00 PM EST

LONDON, Feb. 3, 2016 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today reported a fourth quarter 2015 net loss attributable to Noble Corporation of $152 million, or $0.63 per diluted share, on revenues of $858 million.

Results for the quarter included an after-tax charge of $418 million, or $1.73 per diluted share, relating to the impairment of two rigs and certain corporate assets. The Company has decided to retire the drillship Noble Discoverer and the jackup Noble Charles Copeland, reducing its fleet count to 30 units. Fourth quarter 2015 results also benefited from a lump sum payment to... More