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Noble Corporation plc Message Board

  • jackmaster20 jackmaster20 Apr 26, 2013 5:07 PM Flag

    NE Annual Meeting "minutes"

    Just quickly read that NE is going to pay out $ 1.00 next year in dividend....
    calc to a 2.7 % yield at current prices.

    Did not see any words from mgmt as to how they plan to get back
    into the harsh/UDW "best-of-class" rig contracting lead. NE rig assets
    are not the best or the youngest. RIG, ESV, SDRL, ORIG, & PACD to
    name a few, have a better rig fleet than NE, now and going forward.

    UDW or harsh off shore drilling is a highly technical, highly expensive
    and highly profitable business......can NE become a premier leader
    in this competitive & global business ?

    Or is NE ultimately a buy-out target based on its smallish 7th generation
    rig fleet and customer log..............

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NE
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