Noble Corp. Company Profile (NYSE:NE)

About Noble Corp.

Noble Corp. logoNoble Corporation is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 79 mobile offshore drilling units and one floating production storage and offloading unit (NYSE:NE) located globally.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: NE
  • CUSIP:
Key Metrics:
  • Previous Close: $5.56
  • 50 Day Moving Average: $5.85
  • 200 Day Moving Average: $7.83
  • 52-Week Range: $5.09 - $14.64
  • Trailing P/E Ratio: 2.31
  • Foreward P/E Ratio: -4.48
  • P/E Growth: 0.65
  • Market Cap: $1.35B
  • Outstanding Shares: 243,218,000
  • Beta: 2.09
  • Net Margins: 18.34%
  • Return on Equity: 5.22%
  • Return on Assets: 3.10%
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.67%
  • Quick Ratio: 1.67%
Additional Links:
Companies Related to Noble Corp.:

Analyst Ratings

Consensus Ratings for Noble Corp. (NYSE:NE) (?)
Ratings Breakdown: 7 Sell Ratings, 15 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 1.96)
Consensus Price Target: $8.47 (52.35% upside)

Analysts' Ratings History for Noble Corp. (NYSE:NE)
DateFirmActionRatingPrice TargetDetails
10/7/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$6.00View Rating Details
10/3/2016Societe GeneraleDowngradeBuy -> Hold$10.00 -> $7.00View Rating Details
9/28/2016Jefferies GroupLower Price TargetHold$7.50 -> $6.00View Rating Details
9/22/2016Evercore ISIReiterated RatingBuyView Rating Details
9/21/2016Goldman Sachs Group Inc.UpgradeSell -> Neutral$4.00View Rating Details
9/14/2016ScotiabankReiterated RatingSector Perform$6.50View Rating Details
9/14/2016Howard WeilInitiated CoverageSector Perform$6.50View Rating Details
9/1/2016Credit Suisse Group AGReiterated RatingBuy$10.00View Rating Details
8/25/2016Citigroup Inc.Lower Price TargetNeutral$9.00 -> $6.50View Rating Details
8/16/2016NomuraSet Price TargetSell$6.00View Rating Details
8/16/2016Bank of America Corp.UpgradeUnderperform -> Neutral$7.50View Rating Details
8/10/2016ArgusDowngradeHold -> SellView Rating Details
5/20/2016JPMorgan Chase & Co.Reiterated RatingUnderweightView Rating Details
5/13/2016SimmonsReiterated RatingUnderweight$6.00 -> $4.70View Rating Details
5/5/2016Zephirin GroupReiterated RatingHold$11.00 -> $16.00View Rating Details
4/18/2016Barclays PLCReiterated RatingUnderweight$6.00View Rating Details
4/11/2016Clarkson CapitalReiterated RatingBuyView Rating Details
4/12/2016SusquehannaLower Price Target$11.00 -> $9.00View Rating Details
3/21/2016Cowen and CompanyLower Price Target$10.00 -> $9.50View Rating Details
3/14/2016Iberia CapitalBoost Price TargetOutperform$10.00 -> $12.50View Rating Details
3/12/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
3/11/2016Royal Bank Of CanadaReiterated RatingHold$12.00View Rating Details
3/11/2016Piper Jaffray Cos.DowngradeNeutral -> Underweight$8.25 -> $6.50View Rating Details
3/7/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
2/8/2016KLR GroupBoost Price TargetBuy$11.50View Rating Details
2/5/2016BMO Capital MarketsReiterated RatingSell$8.00 -> $6.00View Rating Details
1/25/2016Tudor PickeringDowngradeAccumulate -> HoldView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$16.00View Rating Details
10/9/2015KeyCorpInitiated CoverageSector WeightView Rating Details
6/22/2015Wells Fargo & Co.Reiterated RatingMarket PerformView Rating Details
4/22/2015Morgan StanleyDowngradeEqual Weight -> Underweight$20.00 -> $18.00View Rating Details
2/23/2015Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
(Data available from 10/26/2014 forward)


Earnings History for Noble Corp. (NYSE:NE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/4/2016ListenView Earnings Details
7/27/2016Q216$0.23$0.01$527.48 million$894.70 millionViewListenView Earnings Details
4/27/2016Q116$0.33$0.31$632.03 million$612.00 millionViewListenView Earnings Details
2/3/2016Q415$0.58$0.72$758.94 million$857.70 millionViewListenView Earnings Details
10/28/2015Q315$0.52$0.72$761.43 million$896.70 millionViewListenView Earnings Details
7/29/2015Q215$0.52$0.64$770.08 million$771.30 millionViewListenView Earnings Details
4/29/2015Q115$0.51$0.72$776.19 million$804.34 millionViewListenView Earnings Details
2/4/2015Q414$0.50$0.47$807.69 million$804.70 millionViewListenView Earnings Details
10/29/2014Q314$0.53$0.57$820.10 million$828.80 millionViewListenView Earnings Details
7/30/2014Q214$0.66$0.91$1.19 million$1.20 millionViewListenView Earnings Details
4/16/2014Q114$0.69$0.99$1.19 billion$1.25 billionViewListenView Earnings Details
1/23/2014Q413$0.84$0.82$1.17 billion$1.17 billionViewListenView Earnings Details
10/17/2013Q313$0.71$0.85$1.07 billion$1.08 billionViewListenView Earnings Details
7/17/2013Q2 2013$0.56$0.63$1.02 billion$1.02 billionViewListenView Earnings Details
4/17/2013Q1 2013$0.56$0.59$991.48 million$970.98 millionViewListenView Earnings Details
1/23/2013Q4 2012$0.62$0.50$963.13 million$966.40 millionViewListenView Earnings Details
10/17/2012$0.52$0.45ViewN/AView Earnings Details
7/18/2012$0.58$0.59ViewN/AView Earnings Details
4/18/2012$0.42$0.47ViewN/AView Earnings Details
1/25/2012$0.51$0.50ViewN/AView Earnings Details
10/19/2011$0.53$0.49ViewN/AView Earnings Details
7/20/2011$0.27$0.17ViewN/AView Earnings Details
4/20/2011$0.17$0.15ViewN/AView Earnings Details
1/26/2011$0.32$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Noble Corp. (NYSE:NE)
Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $-1.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167$0.24$0.38$0.30
Q2 20165$0.01$0.17$0.08
Q3 20165($0.20)($0.08)($0.16)
Q4 20165($0.31)($0.10)($0.19)
Q1 20173($0.20)($0.17)($0.18)
Q2 20173($0.30)($0.25)($0.28)
Q3 20173($0.46)($0.24)($0.36)
Q4 20173($0.48)($0.24)($0.36)
Q1 20181($0.17)($0.17)($0.17)
Q2 20181($0.15)($0.15)($0.15)
(Data provided by Zacks Investment Research)


Current Dividend Information for Noble Corp. (NYSE:NE)
Annual Dividend:$0.08
Dividend Yield:1.44%
Dividend Growth:33.00% (3 Year Average)
Payout Ratio:3.35% (Based on Trailing 12 Months of Earnings)
-114.29% (Based on Current Year Consensus EPS Estimate)
-6.45% (Based on Next Year Consensus EPS Estimate)

Dividend History for Noble Corp. (NYSE:NE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Noble Corp. (NYSE:NE)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 90.12%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2016Michael A CawleyDirectorSell20,000$13.52$270,400.00View SEC Filing  
12/11/2015Scott MarksVPSell8,500$11.91$101,235.00View SEC Filing  
9/30/2015Bernie G WolfordVPBuy10,000$10.82$108,200.00View SEC Filing  
8/6/2014James A MaclennanCFOBuy6,000$26.92$161,520.00View SEC Filing  
6/6/2014David W WilliamsCEOBuy10,000$31.03$310,300.00View SEC Filing  
5/14/2014David WilliamsCEOBuy10,000$30.64$306,400.00View SEC Filing  
5/14/2014James MaclennanCFOBuy4,075$30.73$125,224.75View SEC Filing  
3/14/2014Gordon HallDirectorBuy5,000$29.21$146,050.00View SEC Filing  
2/21/2014Michael CawleyDirectorSell15,000$31.39$470,850.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Noble Corp. (NYSE:NE)
News IconUpcoming Earnings Report: Noble Corporation plc (NYSE:NE) (NYSE:NE) - October 25 at 11:31 AM logoHow Analysts Have Changed Their Ratings for Offshore Drillers (NYSE:NE) - October 25 at 11:31 AM logoNoble Corporation Is Highly Undervalued (NYSE:NE) - October 24 at 11:52 AM
News IconCan Noble Corporation plc (NYSE:NE) Add to its Stock After Earnings? (NYSE:NE) - October 23 at 10:39 AM
News IconNoble Corp. (NE) Receives Consensus Rating of "Hold" from Analysts (NYSE:NE) - October 23 at 10:39 AM
News IconNoble Corp. (NE) Stake Lowered by Herndon Capital Management LLC (NYSE:NE) - October 23 at 10:39 AM logoWhy Are Noble Corp. Shares Underperforming? - Noble Corporation ... - Seeking Alpha (NYSE:NE) - October 22 at 10:26 AM logoWhy Are Noble Corp. Shares Underperforming? (NYSE:NE) - October 21 at 6:23 PM logoNoble Corp. - Complete Fleet Analysis As Of October 20, 2016, And Commentary - Seeking Alpha (NYSE:NE) - October 21 at 9:47 AM
News IconNoble Corp. (NE) Stake Lowered by Herndon Capital Management LLC - DailyQuint (NYSE:NE) - October 21 at 9:47 AM logoNoble Corp. Plc breached its 50 day moving average in a Bullish Manner : NE-US : October 21, 2016 (NYSE:NE) - October 21 at 9:47 AM logoNoble Corporation plc Provides Fleet Contract Status Update (NYSE:NE) - October 20 at 6:42 PM
News IconEarnings Analysis of: Noble Corporation plc (NYSE:NE) (NYSE:NE) - October 20 at 12:04 PM logoWhich Oilfield Services Stocks Lead in Implied Volatility? (NYSE:NE) - October 19 at 11:25 AM
News IconTwo Movers within Investors Observation: Noble Corporation (NYSE:NE) (NYSE:NE) - October 18 at 11:39 AM
News IconAnalysts Take: Noble Corporation (NYSE:NE) Projected Earnings & Price Targets - CSZ News (NYSE:NE) - October 14 at 6:08 PM
News IconAnalysts Opinions on: Noble Corporation plc (NYSE:NE) - FactsReporter (NYSE:NE) - October 13 at 6:27 PM
News IconStock under Consideration: Noble Corporation Ordinary Shares (UK) (NYSE:NE) - Post Registrar (NYSE:NE) - October 13 at 6:27 PM logoInvestors Are Betting Big Against Transocean Ltd -- Are They Right? (NYSE:NE) - October 13 at 6:27 PM
News IconStock's Trend Analysis Report: Noble Corporation plc (NYSE:NE) (NYSE:NE) - October 13 at 9:57 AM logoNoble Corporation - Are Shares Fairly Valued In 2017, 2018 And 2019? (NYSE:NE) - October 13 at 9:57 AM logoNoble Corporation - Are Shares Fairly Valued In 2017, 2018 And 2019? - Seeking Alpha (NYSE:NE) - October 12 at 6:19 PM logoSeadrill Leads in Implied Volatility among OFS Stocks (NYSE:NE) - October 12 at 11:45 AM logoNoble Corp. Plc : NE-US: Dividend Analysis : August 01st, 2016 (record date) : By the numbers : October 12, 2016 (NYSE:NE) - October 12 at 11:45 AM
News IconWhat Analysts are saying about: Noble Corporation (NYSE:NE) (NYSE:NE) - October 11 at 6:39 PM
News IconRating Reporting: Is Seaport Global Very Negative For Noble Corporation (NYSE:NE) After Its Downgrade? (NYSE:NE) - October 10 at 11:02 AM logoNoble Corp. downgraded at Seaport Global (NYSE:NE) - October 7 at 11:28 AM logoNoble Corp PLC downgraded by Seaport Global Securities (NYSE:NE) - October 7 at 11:28 AM logoNoble Corporation plc To Announce Third Quarter 2016 Results (NYSE:NE) - October 6 at 6:10 PM
News IconAnalysts Recommendation and Rating Review: Noble Corporation Ordinary Shares (UK) (NYSE:NE) (NYSE:NE) - October 6 at 11:51 AM logoNoble Corp. Plc – Value Analysis (NYSE:NE) : October 5, 2016 (NYSE:NE) - October 5 at 11:33 AM
News IconStock to Monitor: Two Harbors Investments Corp (NYSE:TWO) (NYSE:NE) - October 4 at 6:00 PM
News IconNoble Corporation (NYSE:NE) Sale Analysis (NYSE:NE) - October 4 at 6:00 PM logoNoble Corp. Plc breached its 50 day moving average in a Bearish Manner : NE-US : October 4, 2016 (NYSE:NE) - October 4 at 11:05 AM logoSeadrill's Chairman Willing To Lend $1.2B For Debt Deal: Bloomberg (NYSE:NE) - October 4 at 11:05 AM logoAnalysts Changed Their Ratings for These Offshore Drillers (NYSE:NE) - October 3 at 10:56 AM
News IconAnalyst's Review to Watch: Noble Corporation Ordinary Shares (UK) (NYSE:NE) - Post Registrar (NYSE:NE) - October 2 at 10:30 AM logoWhy Investors Should Monitor Capital Spending and Break-Even Levels (NYSE:NE) - September 30 at 11:36 AM logoNoble Has Returned 29.4% Since SmarTrend Recommendation (NE) (NYSE:NE) - September 29 at 6:19 PM logoReasons for Ocean Rig’s Low Valuation (NYSE:NE) - September 29 at 11:31 AM
News IconWhich way Noble Corporation plc (NYSE:NE) earnings may go - The Voice Registrar (NYSE:NE) - September 28 at 6:06 PM logoThese Oil Drilling Stocks Are Up on OPEC Output Reduction Rumors (NYSE:NE) - September 28 at 4:21 PM logoOffshore Drillers That Still Pay Dividends (NYSE:NE) - September 28 at 11:22 AM logoAnalyzing Oilfield Services Stocks for Options Traders (NYSE:NE) - September 28 at 11:22 AM logoShould You Buy Noble At 52-Week Lows? (NYSE:NE) - September 27 at 6:14 PM
News IconNoble Corporation (NE) Quarterly Analysis - Newburgh Press (NYSE:NE) - September 26 at 6:26 PM logoNoble Corp: Best In Class Offshore Driller With Manageable Debt Levels And An Attractive Fleet - Seeking Alpha (NYSE:NE) - September 26 at 6:26 PM logoHow Offshore Drillers Are Dealing with Market Conditions (NYSE:NE) - September 26 at 6:26 PM logoAtwood Oceanics, Noble Suffered the Most in This Area in 2Q16 (NYSE:NE) - September 26 at 6:26 PM logoTransocean Has Highest Backlog of Its Peers (NYSE:NE) - September 26 at 6:26 PM


Noble Corp. (NYSE:NE) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff