Noble Stock Price, News & Analysis (NYSE:NE)

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

Noble Co. PLC (NYSE:NE) released its earnings results on Thursday, August, 1st. The oil and gas company reported ($0.34) EPS for the quarter, topping the Zacks' consensus estimate of ($0.45) by $0.11. The oil and gas company earned $292.90 million during the quarter, compared to the consensus estimate of $271.59 million. Noble had a negative return on equity of 8.14% and a negative net margin of 28.97%. The company's revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.49) earnings per share. View Noble's Earnings History.

Noble is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Noble.

17 brokers have issued 1 year price objectives for Noble's shares. Their forecasts range from $1.00 to $10.00. On average, they anticipate Noble's share price to reach $4.4375 in the next twelve months. This suggests a possible upside of 137.3% from the stock's current price. View Analyst Price Targets for Noble.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 4 sell ratings, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Noble.

Headlines about NE stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Noble earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Noble.

Noble saw a increase in short interest in August. As of August 15th, there was short interest totalling 30,004,200 shares, an increase of 19.1% from the July 15th total of 25,188,900 shares. Based on an average daily volume of 5,320,000 shares, the days-to-cover ratio is currently 5.6 days. Approximately 12.3% of the shares of the stock are short sold. View Noble's Current Options Chain.

Some companies that are related to Noble include Rowan Companies (RDC), Seadrill (SDRL), Diamond Offshore Drilling (DO), Ensco Rowan (ESV), Baytex Energy (BTE), Nabors Industries (NBR), Oasis Midstream Partners (OMP), Precision Drilling (PDS), Pacific Drilling (PACD), PARKER DRILLING/SH PAR $ (PKD), Independence Contract Drilling (ICD), Petroteq Energy (PQEFF), Western Energy Services (WEEEF), Pioneer Energy Services (PES) and Seadrill Partners (SDLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Noble investors own include Achillion Pharmaceuticals (ACHN), Intel (INTC), Chesapeake Energy (CHK), Transocean (RIG), Bank of America (BAC), Ford Motor (F), AT&T (T), General Electric (GE), Cisco Systems (CSCO) and Ensco Rowan (ESV).

Noble's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.08%), Vanguard Group Inc. (8.26%), Firefly Value Partners LP (8.08%), Van ECK Associates Corp (1.88%), Northern Trust Corp (1.32%) and Luminus Management LLC (1.31%). View Institutional Ownership Trends for Noble.

NE stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Luminus Management LLC, BlackRock Inc., Speece Thorson Capital Group Inc., Canada Pension Plan Investment Board, Wells Fargo & Company MN, BNP Paribas Arbitrage SA and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Noble.

NE stock was purchased by a variety of institutional investors in the last quarter, including Firefly Value Partners LP, Van ECK Associates Corp, Nuveen Asset Management LLC, Brigade Capital Management LP, Morgan Stanley, Parametric Portfolio Associates LLC, Charles Schwab Investment Management Inc. and Covalent Partners LLC. View Insider Buying and Selling 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 $1.87.

Noble has a market capitalization of $465.91 million and generates $1.08 billion in revenue each year. The oil and gas company earns $-885,050,000.00 in net income (profit) each year or ($1.84) on an earnings per share basis. Noble employs 2,000 workers across the globe.View Additional Information About Noble.

The official website for Noble is http://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]