Noble Corporation (NE) Stock Slides on Dec. 16, 2025: Jackup Divestment, Analyst Downgrade, Dividend Yield and Black Sea Drilling Update
Noble Corporation shares fell about 6% Tuesday, trading near $27.85 after an analyst downgrade and news of a planned jackup rig sale. The drop followed weaker oil prices and fresh updates on the Globetrotter I drillship, which has arrived in Bulgaria for a Black Sea exploration campaign expected to last five months.