5 Fastest Growing Energy Companies in the US

1. Noble Corporation (NYSE:NE)

Year over Year growth rate 2023: +157.01%

Noble Corporation plc operates as an offshore drilling contractor serving the oil and gas industry. The company focuses on a high-specification fleet of floating and jackup rigs, deploying its drilling rigs in oil and gas basins globally.

In the twelve months ending September 30, 2023, Noble reported revenue of $2.57 billion, marking a substantial 157.01% year-over-year growth. Revenue for the quarter ending September 30, 2023, amounted to $697.45 million, reflecting a 128.02% year-over-year growth. In 2022, the company achieved annual revenue of $1.41 billion, demonstrating a notable growth rate of 83.54%.

Earlier this year, Noble Corporation executed a rig swap offshore Suriname with Petronas Suriname E&P, a subsidiary of Petronas. The agreement involves drilling one well in Block 52 offshore Suriname using the seventh-generation Noble Voyager drillship, based on an existing contract option.

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