Noble Corp. Q2 Profit Rises - Quick Facts

(RTTNews) - Noble Corporation plc (NE) reported second-quarter net income of $235 million, or $0.91 per share, compared to $177 million, or $0.69 per share, last year.

On average, 30 analysts polled by Thomson Reuters expected the company to report profit per share of $0.65 for the quarter. Analysts' estimates typically exclude special items.

Revenues were $1.24 billion compared to $1.02 billion in the second quarter of 2013. Analysts expected revenue of $1.18 billion for the quarter.

David Williams, CEO of Noble Corporation plc noted, "Second quarter results benefited from our strategy to shift the fleet toward a greater mix of premium rigs with contributions from two new jackup rigs, the Noble Houston Colbert and Noble Regina Allen. In addition, revenues in the quarter were supported by contractual dayrate increases on several rigs and the commencement of a contract for the Noble Paul Romano, which returned to work in May."