DO Jul 2024 17.000 call
| Previous close | 0.1600 |
| Open | 0.1600 |
| Bid | 0.0000 |
| Ask | 0.2000 |
| Strike | 17.00 |
| Expiry date | 2024-07-19 |
| Day's range | 0.1600 - 0.1600 |
| Contract range | N/A |
| Volume | |
| Open interest | 331 |
- Yahoo Finance Video
Noble will get 'ever pickier' on M&A after Diamond deal: CEO
Oil driller Noble Corp (NE) is set to acquire Diamond Offshore Drilling (DO) in a stock-plus-cash deal valued at $1.6 billion. Noble Corp. CEO and President Robert Eifler sits down with the Market Domination team to talk more about the acquisition and Noble's drilling operations amid recent forecasts on crude oil (CL=F, BZ=F) demand. "We drill for some of the largest companies in the world, and they have a lot of needs. And in order to meet those needs globally, we need to have enough assets so that we can spread our investments, around technology and innovation across a bigger base," Eifler says on the company's push to increase its scale. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan. Catch more of Yahoo Finance's coverage surrounding oil prices and the broader energy sector: The big reason why there will be more energy sector deals Energy transition is caught in a 'trilemma,' expert explains IEA warns of 8M barrel per day oil surplus by 2030 Oil may reach $86 per barrel this summer: Goldman Sachs Oil prices rebound despite 'shaky' demand outlook
- Yahoo Finance Video
Oil: Noble to acquire Diamond Offshore Drilling in $1.6B deal
In the offshore oil drilling sphere, Noble Corporation (NE) announced an agreement to acquire Diamond Offshore Drilling (DO) in a cash-and-stock deal valued at $1.6 billion. Yahoo Finance's Ines Ferré comments on the consolidation trends in the energy sector. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
PR NewswireNoble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.
Noble Corporation plc ("Noble") (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE: DO) announced today that they have entered into a definitive merger agreement under which Noble will acquire Diamond in a stock plus cash transaction. As part of the transaction, Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.65 per share for each share of Diamond stock, representing an 11.4% premium to closing stock prices on June 7, 2024. Upon c
