NYSE:NENoble Stock Price, Forecast & News

Noble's stock was trading at $0.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NE shares have decreased by 5.3% and is now trading at $0.2368. 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) 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 brokers have issued 12 month target prices for Noble's stock. 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 546.6% from the stock's current price. View analysts' price targets for Noble.

Headlines about NE stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Noble earned a news sentiment score of -4.2 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. 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 presently 4.5 days. Currently, 10.4% of the company's stock are short sold. View Noble's Current Options Chain.

Some companies that are related to Noble include Diamond Offshore Drilling (DO), 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), Infinity Energy Resources (IFNY), Sauer Energy (SENY) 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 retail and institutional investors. Top institutional investors 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 $0.24.

Noble has a market capitalization of $59.42 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]