5 Biggest Offshore Oil Rig Companies in the U.S.

In this piece, we will take a look at the five biggest offshore oil rig companies in the U.S. For more companies, head on over to 16 Biggest Offshore Oil Rig Companies in the U.S.

5. Noble Corporation Plc (NYSE:NE)

Latest Market  Capitalization: $5.28 billion

Noble Corporation Plc (NYSE:NE) is an American firm headquartered in Sugar Land, Texas. The firm operates different rigs such as floaters and jackups. It was set up in 1921. It has 24 rigs in its fleet, which includes eight drill rigs. Noble Corporation Plc (NYSE:NE) serves the needs of Exxon, Shell, and other petro giants.

By the end of last year’s fourth quarter, 50 of the 943 hedge funds surveyed by Insider Monkey had bought a stake in the firm. Out of these, Noble Corporation Plc (NYSE:NE)’s largest investor is Steven Tananbaum’s GoldenTree Asset Management which owns 2.9 million shares that are worth $110 million.