Noble Corporation/NE

$47.11

1.68%
-
1D1W1MYTD1YMAX

About Noble Corporation

Noble Corporation plc is an offshore drilling contractor for the oil and gas industry. The Company owns and operates fleets in the offshore drilling industry. The Company is engaged in the contract drilling of oil and gas wells. The Company, through its subsidiaries, provides contract drilling services with a fleet of 32 offshore drilling units, consisting of 19 floaters and 13 jackups, focused on ultra-deepwater and harsh environment drilling opportunities in both established and emerging regions worldwide. Its mobile offshore drilling units comprise its offshore rig fleet and operates in a global market for contract drilling services. Its customers consist primarily of large, integrated, independent and government-owned or controlled oil and gas companies throughout the world. It has a single segment, contract drilling services, which conducts drilling operations in Africa, Far East Asia, the Middle East, the North Sea, Oceania, South America, and the US Gulf of Mexico.

Ticker

NE

Sector

Energy

Trading on

NYSE

Industry

Oil Well Services & Equipment

CEO

Robert Eifler

Employees

3,600

Headquarters

Sugar land, United States

NE Metrics

BasicAdvanced
$6.62B
Market cap
14.03
P/E ratio
$3.30
EPS
-
Beta
$0.70
Dividend rate
3.45%
Dividend yield
$6.62B
$55.34
$34.85
1.14M
$0.70
1.655
14.949
14.949
21.13%
21.568
14.98%
8.97%
12.8%
10.22%
14.032
2.556
1.663
1.692
61.083
1.51%
3.45%
83.12%
166.6%
38.99%

What the Analysts think about NE

Analyst Ratings

Majority rating from 12 analysts.
Buy

Price Targets

Average projection from 11 analysts.
28.53% upside
High $65.00
Low $51.00
$47.11
Current price
$60.55
Average price target

NE Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
23.28% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$642.9M
-7.81%
Net income
$149.7M
-5.43%
Profit margin
23.28%
2.6%

NE Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 32.58%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.19
$0.38
$0.87
$0.39
-
Expected
$0.17
$0.45
$0.80
$0.58
$0.52
Surprise
12.24%
-14.89%
8.98%
-32.58%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Noble Corporation stock?

Noble Corporation (NE) has a market cap of $6.62B as of April 24, 2024.

What is the P/E ratio for Noble Corporation stock?

The price to earnings (P/E) ratio for Noble Corporation (NE) stock is 14.03 as of April 24, 2024.

Does Noble Corporation stock pay dividends?

Yes, the Noble Corporation (NE) stock pays dividends to shareholders. As of April 24, 2024, the dividend rate is $0.7 and the yield is 3.45%. Noble Corporation has a payout ratio of 21.13% on a trailing twelve-month basis.

When is the next Noble Corporation dividend payment date?

The next Noble Corporation (NE) dividend payment date is unconfirmed.

What is the beta indicator for Noble Corporation?

Noble Corporation (NE) does not currently have a Beta indicator.

What is the Noble Corporation stock price target?

The target price for Noble Corporation (NE) stock is $60.55, which is 28.53% above the current price of $47.11. This is an average based on projections from 11 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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