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 (WHO). Since then, NE shares have increased by 15.8% and is now trading at $0.2894. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 10 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) announced its quarterly earnings data on Wednesday, May, 6th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.31) by $0.03. The oil and gas company earned $281.31 million during the quarter, compared to analysts' expectations 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.

12 Wall Street analysts have issued 12-month target prices for Noble's stock. Their forecasts range from $1.00 to $3.00. On average, they anticipate Noble's stock price to reach $1.58 in the next year. This suggests a possible upside of 447.1% from the stock's current price. View analysts' price targets for Noble.

Media coverage about NE stock has been trending negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Noble earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Noble.

Noble saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 20,610,000 shares, a drop of 35.6% from the June 15th total of 31,990,000 shares. Based on an average daily volume of 16,290,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 8.3% of the shares of the stock are sold short. View Noble's Current Options Chain.

Some companies that are related to Noble include Baytex Energy (BTE), Oasis Midstream Partners (OMP), Seadrill (SDRL), Nabors Industries (NBR), Precision Drilling (PDS), Valaris (VAL), Pacific Drilling (PACD), Western Energy Services (WEEEF), Independence Contract Drilling (ICD), Seadrill Partners (SDLP), InPlay Oil (IPOOF), Petroteq Energy (PQEFF), Infinity Energy Resources (IFNY), Pioneer Energy Services (PESXQ) and Pacific Drilling (PACDQ). 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."

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 $0.29.

Noble has a market capitalization of $72.62 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]