The trader has been targeted by short sellers of late amid reports it would struggle to meet a $735m bond payment this week.

In a statement on Monday Noble said it had become aware of "misleading information" being spread about the company that appeared to be "an attempt to manipulate its share price".

It added the misleading and untruthful information will be positively resolved when it reports its second quarter accounts which will now be released earlier on 10 August.

“Contrary to malicious rumours questioning our ability to fund the $735m bond redemption due on August 4th, in fact the company has ample funds to do so and will still thereafter have readily available cash of well over $1bn,” a statement said.

Noble explains it has sufficient cash and liquidity to meet its obligations and operate its businesses and $15bn in bank lines.

The statement concluded that the company has been approached by parties offering potential financing and strategic investment.

Noble recorded a first quarter profit of $107m in a report which noted “industry leading liquidity headroom”.