Noble Corp. CEO David Williams recently told Barclays that the $1.9-billion Ensco-At-wood offshore drilling merger was "not interesting to Noble"—but then what is? While the company has $520 million in cash and a fully available $2.4-billion revolver and low capex, Williams is somewhat meh on deals. He said Noble's in no rush and is content to ride the market before making an Ens-co-sized commitment.
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