Why These 10 Stocks Soared Today

5. Noble Corporation PLC (NYSE:NE)

Noble Corporation saw its share prices pick up by 7 percent on Tuesday to finish at $22.47 apiece following the company’s strong earnings performance in the first quarter of the year.

On Monday, Noble Corporation PLC (NYSE:NE) said net income in the first three months rose by 13.68 percent to $108 million from $95 million in the same period a year earlier, as revenues jumped by 37 percent to $874 million from $637 million year-on-year.

Further adding to the sentiment was the company’s newly secured contracts that raised its total backlog to $7.5 billion, enhancing the company’s future revenue potential.

In its fleet status report, Noble Corporation PLC (NYSE:NE) said that two of its drill ships won a contract for four years each with supermajor Shell in the US Gulf of Mexico. The contract also includes four one-year extension options per rig at mutually agreed rates.

The deals are set to begin in the middle of 2026 and the fourth quarter of 2027.