Shares of offshore drilling companies are trading higher as energy prices gain after Saudi Aramco cancelled or delayed some September crude loadings. Also, Transocean's $80 million drillship contract for offshore Equatorial Guinea may help boost confidence in future orders for the sector.

Noble Corporation plc Announces Third Quarter 2026 Results

Noble Corporation plc reported its financial results for the third quarter of 2026.

Noble Corporation PLC (NE) Earnings Expected to Grow: Should You Buy?

Noble Corporation PLC is expected to report Q3 2026 earnings on October 26 with consensus EPS of $0.20 (up 5.3% YoY) but revenues declining 11.9% to $703.1 million. The stock shows a positive Earnings ESP of +12.82% combined with a Zacks Rank #3, suggesting a likely earnings beat. However, the company has a poor recent track record, missing estimates significantly in the last quarter (-92.31% surprise) and beating only once in the last four quarters.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

Susquehanna Maintains Neutral on Noble Corp, Raises Price Target to $44

Susquehanna analyst Charles Minervino maintains Noble Corp (NYSE:NE) with a Neutral and raises the price target from $40 to $44.

ValiRx Updates Shareholding in Ambrose Healthcare Following AM-Pharma Acquisition

ValiRx confirmed its 5.55% equity stake in Ambrose Healthcare following the latter's acquisition of AM-Pharma for up to €161 million.

Valaris Deploys CleanSight® Technology on DS-9 Drillship

Valaris has expanded the deployment of DrillDocs' CleanSight® technology to its DS-9 ultra-deepwater drillship in Angola, following successful validations in Guyana.