From the last Fleet Update report, earnings are going down to .60 range. I am assuming cost will be up and revenue down which equals poor Q1 as the company has indicated it would be. Revenue about 1B. No big changes other than the BOP issues and a few contract extensions. Revenue dropped about 30m from the unscheduled rig down time.
PIS---And the Good news just keeps pouring out. Isn't abpout time the Board begins to realize it is time for some new blood to run tis Company. It just keeps going on and on ---the same mistakes over and over---makes me sick ---I had such great expectations for NOBLE.
Yes, it does go on and on, but it is not that bad compared to RIG/BP Macondo Well blow up. NE will have these issues for a few more quarters and then we will see better times. I am in Petro's camp now.