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A must-know investor’s guide to off-shore driller Noble Corp. (NE)
Noble Corporation Plc. (NE) is one of the largest off-shore oil drilling companies in the world, owning the second-largest fleet of Mobile Offshore Drilling Units (or MODUs) in the industry.
Why Noble Corp.’s fleet structure is crucial to its business
Like many of its competitors, Noble possesses a diversified fleet of rigs that are best suited to different situations and environments.
Why geography and climate variation impact offshore drilling
The majority of offshore operations around the world occur in six key locations—the Gulf of Mexico, the Brazilian Coast, the West Coast of Africa, the North Sea, the Persian Gulf, and the Asia-Pacific region.
Core Laboratories’ Dividend Yield Curve
Core Laboratories recorded a 7.0% rise in revenue for the first half of 2017. The growth was driven by production enhancement, offset by reservoir description.
Diamond Offshore’s backlog: The strengths and weaknesses
Diamond Offshore records the smallest total backlog of $6.69 billion in the industry.
DO managing CAPEX in a capital intensive industry
Unlike many of its competitors who invest heavily in new build rigs to attract higher day rates and demand from customers, Diamond Offshore takes a lower cost approach.
Must Know: A guide to Diamond Offshore’s fleet
As of November 21, 2013, Diamond Offshore had a total of 45 Mobile Offshore Drilling Units (MODUs) in its fleet.
An introduction to Diamond Offshore
Diamond Offshore Drilling (DO) is a major company in the offshore contract drilling industry, with a market capitalization of $6.75 billion.
Why backlogs like Noble Corp.’s help with risk management
Each company in the offshore drilling industry has a backlog, which is a record of future revenues the company will earn through new and current long-term drilling contracts.
