What smart money is saying about Noble Corp
1 fund in our archive has pitched Noble Corp — most recently Packer & Co Investigator Trust in June 2026.
Operating globally through its subsidiaries, Noble Corporation Plc functions as an offshore drilling contractor for the oil and gas sector. The company delivers essential contract drilling services, leveraging its diverse fleet of mobile offshore units. As of February 16, 2022, this fleet comprised 20 offshore drilling units, specifically consisting of 12 floaters and 8 jackups. Established in 1921, Noble Corporation, formerly known as Noble Holding Corporation plc, maintains its headquarters in Sugar Land, Texas.
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Position history
Between Q4 2025 and Q2 2026, 2 fund letters reported a position in Noble Corp, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 0 | 0 | 1 |
| Q4 2025 | 1 | 0 | 0 | 0 |
Fund activity · 2 positions
- HoldsPacker & Co Investigator TrustJune 2026
Listed in Packer & Co Investigator Trust’s reported holdings.
Noble Corp - HoldsPabrai Wagons FundDecember 2025
“ Given the operating leverage, we believe that at $1 million day rates, Transocean, Valaris, and Noble’s free cash flow could surge dramatically, and be well over $1 billion per year.”
Noble Corp
Fund coverage · 1 thesis
- Packer & Co Investigator TrustJune 2026
Noble Corp is one of the fund’s offshore drillers and is backed by a more consolidated industry and declining rig supply.
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