NYSE:NENoble Stock Price, Forecast & News

Noble's stock was trading at $0.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NE shares have decreased by 44.0% and is now trading at $0.14. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 12 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Noble.

Noble is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Noble.

Noble Co. PLC (NYSE:NE) released its earnings results on Wednesday, May, 6th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by $0.03. The oil and gas company earned $281.31 million during the quarter, compared to analyst estimates of $267.80 million. Noble had a negative net margin of 129.80% and a negative return on equity of 10.23%. View Noble's earnings history.

14 brokerages have issued 12-month price objectives for Noble's shares. Their forecasts range from $1.00 to $3.00. On average, they expect Noble's stock price to reach $1.53 in the next twelve months. This suggests a possible upside of 993.8% from the stock's current price. View analysts' price targets for Noble.

Media stories about NE stock have trended extremely negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Noble earned a media sentiment score of -4.6 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutNoble.

Noble saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 25,740,000 shares, an increase of 13.4% from the April 30th total of 22,700,000 shares. Based on an average trading volume of 5,690,000 shares, the days-to-cover ratio is currently 4.5 days. Currently, 10.4% of the company's shares are short sold. View Noble's Current Options Chain.

Some companies that are related to Noble include Pacific Drilling (PACD), Independence Contract Drilling (ICD), Western Energy Services (WEEEF), Seadrill Partners (SDLP), InPlay Oil (IPOOF), Petroteq Energy (PQEFF), Pioneer Energy Services (PESXQ), Pacific Drilling (PACDQ), Sauer Energy (SENY), Infinity Energy Resources (IFNY), Diamond Offshore Drilling (DO) and Vantage Drilling (VTGDF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Noble investors own include Achillion Pharmaceuticals (ACHN), Chesapeake Energy (CHK), Transocean (RIG), Ford Motor (F), Bank of America (BAC), Intel (INTC), AT&T (T), General Electric (GE), Energy Transfer LP Unit (ET) and Noble Midstream Partners (NBLX).

Noble trades on the New York Stock Exchange (NYSE) under the ticker symbol "NE."

Noble's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.75%), State Street Corp (3.55%), Van ECK Associates Corp (2.06%), Invesco Ltd. (1.81%), Geode Capital Management LLC (1.49%) and Luminus Management LLC (1.21%). View institutional ownership trends for Noble.

NE stock was sold by a variety of institutional investors in the last quarter, including D.C. Capital Advisors Ltd, Morgan Stanley, Luminus Management LLC, BlackRock Inc., Cambridge Investment Research Advisors Inc., Bank of New York Mellon Corp, Canada Pension Plan Investment Board, and Principal Financial Group Inc.. View insider buying and selling activity for Noble.

NE stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Van ECK Associates Corp, Geode Capital Management LLC, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, State Street Corp, Nuveen Asset Management LLC, and UBS Group AG. View insider buying and selling activity for Noble.

Shares of NE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NE stock can currently be purchased for approximately $0.14.

Noble has a market capitalization of $35.13 million and generates $1.31 billion in revenue each year. The oil and gas company earns $-700,590,000.00 in net income (profit) each year or ($1.52) on an earnings per share basis. Noble employs 2,000 workers across the globe.

The official website for Noble is www.noblecorp.com.

Noble's mailing address is 10 Brook Street, London X0, W1S1BG. The oil and gas company can be reached via phone at 44-20-3300-2300 or via email at [email protected]