Offshore driller Noble(NE) reports Q4
Revenues(MUSD) 910 (+9.5%)
Operating income(MUSD) 514(+21%)
Net income per share $1.59 (+23%)
Balance Sheet
Total Assets (MUSD) 7,102(+20%)
Total Liabilities(MUSD) 1,817 (+15%)
Outlook
"While we believe the long-term fundamentals of our industry are sound, the condition of the global economic environment is clearly a cause of concern and a reason for caution," said Williams. "That said, the strength of our balance sheet, the extent of our contract coverage and the quality of our customer base should position us well to both weather the current economic storm and capitalize on opportunities for growth in a disciplined manner."
The Report
Surprises: Non.
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