The American Nobel Corporation Company for Oil and Natural Gas Digging and Construction Services announced yesterday evening Wednesday, achieving a net profit of 33. 59 million dollars, equivalent to $ 41. 41 per share during the third quarter of this year, compared to losses of 23. 67 million dollars, equivalent to 0. 36. 36 dollars per share during the same period of the year Past.
The business’ operating revenues grew to $30 during the third quarter at the same period.
87 million dollars versus 250 million. 37 million dollars above the same time during the previous year.
The Nobel said that on October 3, its operations merged with those of the Merck Drling corporation.
At the same time, the board of directors of the company received authorization to carry out a plan to recapture up to 400 million dollars’ worth of company stock, without establishing a deadline for the authorization. The mandate is subject to change, suspension, and termination at any time.
The Nobel Corporation operates 24 marine drilling platforms that are active in numerous parts of the world, which is remarkable.
Due to earnings, America won the Nobel Prize for oil well drilling services.
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