Barclays Upgrades Noble Corporation plc (NE) Due to Stronger Offshore Drilling Demand

Barclays upgraded Noble Corporation plc (NYSE:NE) to Overweight, citing stronger offshore drilling demand and higher oil prices due to a Middle East supply shock. The firm now forecasts 9%-10% upstream spending growth in 2027 and double-digit growth in 2028.

By Sheryar Siddiq Wed, June 17, 2026 at 11:00 AM GMT+3 2 min read · Yahoo Finance · June 17, 2026, 08:00 UTC

Tickers: $BARC

Topics: Barclays upgrade offshore drilling oil and gas industry upstream spending

Read the full article at Yahoo Finance

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