Company: NE-WTA
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038188
Chunk: 8

Company: Noble Corp plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 8
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IVE INCOME (LOSS)

(In thousands)

(Unaudited)

Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net income (loss)$42,872 $195,008 $151,175 $290,489 Other comprehensive income (loss)Net changes in pension and other postretirement plan assets and benefit obligations recognized in other comprehensive income (loss), net of tax provision (benefit) of $9 and $10 for the three months ended June 30, 2025 and 2024, respectively, and $18 and $10 for the six months ended June 30, 2025 and 2024, respectively.345 50 546 21 Other comprehensive income (loss), net345 50 546 21 Comprehensive income (loss)$43,217 $195,058 $151,721 $290,510 

See accompanying notes to the unaudited condensed consolidated financial statements.

5

NOBLE CORPORATION plc AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

Six Months Ended June 30,20252024Cash flows from operating activitiesNet income (loss)$151,175 $290,489 Adjustments to reconcile net income (loss) to net cash flow from operating activities:Depreciation and amortization290,222 177,468 Amortization of intangible assets and contract liabilities, net(8,366)(42,850)(Gain) loss on sale of operating assets, net(4,751)(17,357)Deferred income taxes47,127 (47,039)Amortization of share-based compensation15,574 14,327 Other costs, net(10,125)(5,766)Net changes in operating assets and liabilities6,561 (133,792)Net cash provided by (used in) operating activities487,417 235,480 Cash flows from investing activitiesCapital expenditures(230,117)(307,651)Proceeds from insurance claims22,201 8,528 Proceeds from disposal of assets, net16,190 (690)Net cash provided by (used in) investing activities(191,726)(299,813)Cash flows from financing activitiesBorrowings on credit facilities— 35,000 Warrants exercised 38 282 Share repurchases(20,000)— Div