Noble Corporation plc (NE) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
13135 DAIRY ASHFORD SUGAR LAND, TX 77478 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 194,138 | 343,332 | 104,621 | 375,232 | 662,829 | 725,722 | |||
| Cash and cash equivalents | 194,138 | 343,332 | 104,621 | 375,232 | 662,829 | 725,722 | |||
| Receivables | 216,482 | 30,767 | 198,665 | 200,722 | 204,696 | 319,152 | |||
| Other undisclosed current assets | 45,026 | 228,185 | 118,821 | 83,102 | 171,450 | 147,740 | |||
| Total current assets: | 455,646 | 602,284 | 422,107 | 659,056 | 1,038,975 | 1,192,614 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,478,700 | 3,577,069 | 7,733,924 | 8,480,718 | 9,489,240 | 10,061,948 | |||
| Intangible assets, net (including goodwill) | 61,849 | ||||||||
| Intangible assets, net (excluding goodwill) | 61,849 | ||||||||
| Other noncurrent assets | 77,247 | 84,584 | 128,467 | 125,149 | 266,444 | 185,555 | |||
| Total noncurrent assets: | 1,617,796 | 3,661,653 | 7,862,391 | 8,605,867 | 9,755,684 | 10,247,503 | |||
| TOTAL ASSETS: | 2,073,442 | 4,263,937 | 8,284,498 | 9,264,923 | 10,794,659 | 11,440,117 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 207,258 | 168,531 | 283,026 | 305,327 | 271,516 | 264,467 | |||
| Interest and dividends payable | 9,788 | 88,047 | 100,100 | 98,189 | 61,299 | ||||
| Taxes payable | 28,735 | 36,819 | 30,715 | 29,386 | 34,391 | 46,561 | |||
| Employee-related liabilities | 48,346 | 36,553 | 56,056 | 50,284 | 54,904 | 48,383 | |||
| Accounts payable | 120,389 | 95,159 | 108,208 | 125,557 | 84,032 | 108,224 | |||
| Debt | 62,505 | 249,843 | 299,882 | ||||||
| Other liabilities | 41,136 | 49,820 | 171,397 | 60,130 | 71,665 | 68,944 | |||
| Total current liabilities: | 248,394 | 218,351 | 516,928 | 365,457 | 593,024 | 633,293 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 216,000 | 4,969 | 3,779,499 | 3,877,402 | 3,795,867 | 4,040,229 | |||
| Long-term debt, excluding current maturities | 216,000 | 3,779,499 | 3,877,402 | 3,795,867 | 4,040,229 | ||||
| Liabilities, other than long-term debt | 108,421 | 142,227 | 329,099 | 323,642 | 455,140 | 299,150 | |||
| Deferred revenue | 24,896 | ✕ | ✕ | ✕ | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 47,847 | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 164,962 | 2,084 | |||
| Deferred income tax liabilities | 13,195 | 9,292 | 68,201 | ✕ | ✕ | ✕ | |||
| Other liabilities | 95,226 | 108,039 | 260,898 | 275,795 | 290,178 | 297,066 | |||
| Operating lease, liability | 4,969 | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 4,209,778 | 43,848 | |||||||
| Total noncurrent liabilities: | 324,421 | 4,356,974 | 4,108,598 | 4,244,892 | 4,251,007 | 4,339,379 | |||
| Total liabilities: | 572,815 | 4,575,325 | 4,625,526 | 4,610,349 | 4,844,031 | 4,972,672 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,500,627 | (311,388) | 3,658,972 | 4,253,171 | 5,276,161 | 5,758,681 | |||
| Common stock | 1 | 2,511 | 2,492 | 2,468 | 2,450 | 2,432 | |||
| Additional paid in capital | 1,393,255 | 814,796 | 807,093 | 699,409 | 678,922 | 654,168 | |||
| Accumulated other comprehensive income (loss) | 5,389 | (58,012) | (58,389) | (57,072) | (42,888) | (52,140) | |||
| Retained earnings (accumulated deficit) | 101,982 | (1,070,683) | 2,907,776 | 3,608,366 | 4,637,677 | 5,154,221 | |||
| Equity, attributable to noncontrolling interest | 401,403 | 674,467 | 708,764 | ||||||
| Total equity: | 1,500,627 | (311,388) | 3,658,972 | 4,654,574 | 5,950,628 | 6,467,445 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,073,442 | 4,263,937 | 8,284,498 | 9,264,923 | 10,794,659 | 11,440,117 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 770,325 | 964,272 | 1,305,438 | 1,082,826 | 1,236,915 | 2,302,065 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 1,236,915 | 2,302,065 | |
| Cost of revenue | (570,685) | (1,013,113) | (1,187,625) | (1,153,551) | (1,206,914) | (1,536,004) | ||
| Cost of goods and services sold | (89,535) | (374,129) | (440,221) | (486,530) | (566,425) | (656,566) | ||
| Gross profit: | 199,640 | (48,841) | 117,813 | (70,725) | 30,001 | 766,061 | ||
| Operating expenses | (138,808) | (4,027,704) | (784,086) | (875,349) | (193,273) | (1,528,007) | ||
| Operating income (loss): | 60,832 | (4,076,545) | (666,273) | (946,074) | (163,272) | (761,946) | ||
| Nonoperating income | 73,250 | 9,012 | 6,007 | 8,302 | 5,449 | 18 | ||
| Investment income, nonoperating | 62,305 | |||||||
| Other nonoperating income | 10,945 | 9,012 | 6,007 | 8,302 | 5,449 | 18 | ||
| Unusual or infrequent item, or both, net (gain) loss | (23,350) | |||||||
| Interest and debt expense | (31,735) | (147,399) | (248,819) | (299,404) | (291,989) | (205,101) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (23,930) | 1 | (2) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 102,347 | (4,238,862) | (909,084) | (1,237,176) | (449,814) | (967,029) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (1) | 2 | ||||||
| Income (loss) from continuing operations before income taxes: | 102,347 | (4,238,862) | (909,085) | (1,237,176) | (449,812) | (967,029) | ||
| Income tax expense (benefit) | (365) | 260,403 | 38,540 | 106,641 | (42,629) | 109,156 | ||
| Income (loss) from continuing operations: | 101,982 | (3,978,459) | (870,545) | (1,130,535) | (492,441) | (857,873) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 101,982 | (3,978,459) | (874,366) | (1,130,535) | (493,927) | (857,873) | |
| Loss from discontinued operations | (3,821) | (1,486) | ||||||
| Other undisclosed net income | 23,350 | |||||||
| Net income (loss): | 101,982 | (3,978,459) | (874,366) | (1,130,535) | (493,927) | (857,873) | ||
| Net income (loss) attributable to noncontrolling interest | 173,776 | 245,485 | (22,584) | (71,707) | ||||
| Net income (loss) attributable to parent: | 101,982 | (3,978,459) | (700,590) | (885,050) | (516,511) | (929,580) | ||
| Other undisclosed net income available to common stockholders, basic | 1,486 | |||||||
| Net income (loss) available to common stockholders, diluted: | 101,982 | (3,978,459) | (700,590) | (885,050) | (515,025) | (929,580) | ||
Comprehensive Income ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 101,982 | (3,978,459) | (874,366) | (1,130,535) | (493,927) | (857,873) | ||
| Other comprehensive income (loss) | 5,389 | 377 | (1,317) | (8,644) | 9,252 | 11,035 | ||
| Comprehensive income (loss): | 107,371 | (3,978,082) | (875,683) | (1,139,179) | (484,675) | (846,838) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 173,776 | 245,485 | (22,584) | (71,707) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 107,371 | (3,978,082) | (701,907) | (893,694) | (507,259) | (918,545) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.