Company: NE-WTA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006184
Chunk: 138

Company: Noble Corp plc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 138
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 STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

Year EndedYear EndedYear EndedDecember 31, 2024December 31, 2023December 31, 2022Operating revenuesContract drilling services$2,918,767 $2,461,715 $1,332,841 Reimbursables and other139,051 127,303 81,006 3,057,818 2,589,018 1,413,847 Operating costs and expensesContract drilling services1,687,164 1,452,281 897,096 Reimbursables105,479 91,642 64,427 Depreciation and amortization428,626 301,345 146,879 General and administrative140,499 128,413 82,177 Merger and integration costs109,424 60,335 84,668 (Gain) loss on sale of operating assets, net(17,357)— (90,230)Hurricane losses and (recoveries), net— (19,703)60 2,453,835 2,014,313 1,185,077 Operating income (loss)603,983 574,705 228,770 Other income (expense)Interest expense, net of amounts capitalized(94,211)(59,139)(42,722)Gain (loss) on extinguishment of debt, net— (26,397)(8,912)Interest income and other, net(17,438)18,069 14,365 Gain on bargain purchase— 5,005 — Income (loss) before income taxes492,334 512,243 191,501 Income tax benefit (provision)(43,981)(30,341)(22,553)Net income (loss)$448,353 $481,902 $168,948 Basic earnings (loss) per share$3.01 $3.48 $1.99 Diluted earnings (loss) per share$2.96 $3.32 $1.73 Weighted Average Shares OutstandingBasic148,733 138,380 85,055 Diluted151,639 145,197 97,607 

See accompanying notes to the consolidated financial statements.

57

NOBLE CORPORATION plc AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPRE