Offshore driller Noble (NE +2%) is trading higher this morning after posting a mixed Q4...

|About: Noble Corporation plc (NE)|By:, SA News Editor

Offshore driller Noble (NE +2%) is trading higher this morning after posting a mixed Q4 yesterday. Profit rose 29% Y/Y on better contract revenue as the company has invested billions of dollars in fleet upgrades over the past year, tailoring its efforts toward producers that are willing to pay more for newer vessels.