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Stock impact report

Noble Corporation plc Provides Fleet Contract Status Update And Withdraws Full Year 2020 Guidance

Noble Corporation plc A Ordinary Shares (NE) 
Last noble corporation plc a ordinary shares earnings: 2/19 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
LONDON, April 9, 2020 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today announced that its report of drilling rig status and contract information has been updated as of April 9, 2020.  The report, titled "Fleet Status Report," can be found on the Company's Website www.noblecorp.com, under the "Investor Relations" section of the Website. In addition, the Company expects that the decline in oil prices resulting from the substantial increase in production by Saudi Arabia and the decrease in demand for crude oil resulting from the COVID-19 pandemic will negatively impact the Company's business and results of operations for its full year 2020, but, given the uncertainty surrounding the disruptions, cannot yet predict with reasonable accuracy the magnitude or duration of the impact, or the magnitude or pace of any recovery. As a result, the Company is withdrawing its full year 2020 financial guidance that was provided on its February 20, 2020 conference call. Though the Company has not Show less Read more
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