Noble Corp (NE) Tops Q4 EPS by 7c

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Noble Corporation plc Reports Fourth Quarter And Full Year 2016 Results

February 9, 2017 5:00 PM EST

LONDON, Feb. 9, 2017 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced results for the fourth quarter and full year 2016. Quarterly results demonstrated strong execution across the Company's global fleet and further success with managing costs. The Company also recognized a non-cash charge in the quarter relating to impairments for a portion of its floating fleet.

For the fourth quarter of 2016, the Company reported a net loss attributable to Noble Corporation plc of $1.3 billion, or $5.36 per diluted share, on revenues of $410 million. The fourth quarter results included the following after-tax... More