Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services using mobile offshore drilling units. As of December 31, 2017, the company operated a fleet of 8 drill ships, 6 semisubmersibles, and 14 jack ups. Noble Corporation plc was founded in 1921 and is headquartered in London, the United Kingdom.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:NE
Previous Symbol
CUSIPN/A
Phone44-20-3300-2300
Debt
Debt-to-Equity Ratio0.83
Current Ratio2.09
Quick Ratio2.09
Price-To-Earnings
Trailing P/E Ratio-2.82
Forward P/E Ratio-1.75
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.24 billion
Price / Sales0.64
Cash Flow$0.9758 per share
Price / Cash Flow3.30
Book Value$24.29 per share
Price / Book0.13
Profitability
EPS (Most Recent Fiscal Year)($1.14)
Net Income$-516,510,000.00
Net Margins-79.51%
Return on Equity-8.26%
Return on Assets-4.37%
Miscellaneous
Employees2,000
Outstanding Shares246,790,000
Market Cap$890.93 million
OptionableOptionable
Noble (NYSE:NE) Frequently Asked Questions
What is Noble's stock symbol?
Noble trades on the New York Stock Exchange (NYSE) under the ticker symbol "NE."
How were Noble's earnings last quarter?
Noble Co. PLC (NYSE:NE) posted its quarterly earnings results on Wednesday, October, 31st. The oil and gas company reported ($0.43) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.45) by $0.02. The oil and gas company earned $279.41 million during the quarter, compared to the consensus estimate of $263.19 million. Noble had a negative return on equity of 8.26% and a negative net margin of 79.51%. The firm's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.36) EPS. View Noble's Earnings History.
When is Noble's next earnings date?
What price target have analysts set for NE?
17 brokers have issued twelve-month target prices for Noble's stock. Their predictions range from $5.00 to $10.00. On average, they expect Noble's stock price to reach $6.2231 in the next year. This suggests a possible upside of 93.3% from the stock's current price. View Analyst Price Targets for Noble.
What is the consensus analysts' recommendation for Noble?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 2 sell ratings, 12 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Noble.
Has Noble been receiving favorable news coverage?
News headlines about NE stock have been trending somewhat positive recently, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 1.2 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.
Are investors shorting Noble?
Noble saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 46,114,934 shares, an increase of 12.6% from the November 15th total of 40,945,440 shares. Based on an average daily trading volume, of 4,895,868 shares, the days-to-cover ratio is currently 9.4 days. Approximately 19.0% of the shares of the stock are short sold. View Noble's Current Options Chain.
Who are some of Noble's key competitors?
Some companies that are related to Noble include Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco (ESV), Diamond Offshore Drilling (DO), Rowan Companies (RDC), Nabors Industries (NBR), Baytex Energy (BTE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Seadrill Partners (SDLP), Pioneer Energy Services (PES), Key Energy Services (KEG), Western Energy Services (WEEEF) and Petroteq Energy (PQEFF).
Who are Noble's key executives?
Noble's management team includes the folowing people:
- Ms. Julie Johnson Robertson, Chairman, Pres & CEO (Age 62)
- Mr. Adam C. Peakes, Sr. VP, CFO & Treasurer (Age 45)
- Mr. Bernie G. Wolford, Sr. VP of Operations (Age 58)
- Mr. William Edgar Turcotte, Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
- Mr. Dennis J. Lubojacky, Consultant (Age 65)
Who are Noble's major shareholders?
Noble's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.56%), Vanguard Group Inc. (10.12%), Vanguard Group Inc (10.12%), Dimensional Fund Advisors LP (6.89%), Bank of New York Mellon Corp (1.85%) and BlueMountain Capital Management LLC (1.63%). View Institutional Ownership Trends for Noble.
Which major investors are selling Noble stock?
NE stock was sold by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., DekaBank Deutsche Girozentrale, Penn Capital Management Co. Inc., Schroder Investment Management Group and Man Group plc. View Insider Buying and Selling for Noble.
Which major investors are buying Noble stock?
NE stock was acquired by a variety of institutional investors in the last quarter, including BlueMountain Capital Management LLC, University of Notre Dame DU Lac, Morgan Stanley, Frontier Capital Management Co. LLC, WINTON GROUP Ltd, BlackRock Inc., Fisher Asset Management LLC and Matarin Capital Management LLC. View Insider Buying and Selling for Noble.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Noble's stock price today?
One share of NE stock can currently be purchased for approximately $3.22.
How big of a company is Noble?
Noble has a market capitalization of $890.93 million and generates $1.24 billion in revenue each year. The oil and gas company earns $-516,510,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis. Noble employs 2,000 workers across the globe.
What is Noble's official website?
How can I contact Noble?
Noble's mailing address is Devonshire House 1 Mayfair Place, London X0, W1J8AJ. The oil and gas company can be reached via phone at 44-20-3300-2300 or via email at [email protected]
MarketBeat Community Rating for Noble (NYSE NE)
MarketBeat's community ratings are surveys of what our community members think about Noble and other stocks. Vote "Outperform" if you believe NE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NE will underperform the S&P 500 over the long term. You may vote once every thirty days.
