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 stock has decreased by 18.0% and is now trading at $0.2050.
View which stocks have been most impacted by COVID-19.

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 Wednesday, November 4th 2020.
View our earnings forecast for Noble.

Noble Co. PLC (NYSE:NE) issued its quarterly earnings results on Wednesday, May, 6th. The oil and gas company reported ($0.34) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate 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 return on equity of 11.86% and a negative net margin of 126.73%.
View Noble's earnings history.

12 analysts have issued 1 year target prices for Noble's shares. Their forecasts range from $1.00 to $2.00. On average, they expect Noble's stock price to reach $1.30 in the next year. This suggests a possible upside of 534.1% from the stock's current price.
View analysts' price targets for Noble.

Headlines about NE stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Noble earned a news sentiment score of 0.6 on InfoTrie's scale. They also assigned media 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 impact on the company's share price in the near term.
View the latest news about Noble.

Noble saw a decline in short interest in June. As of June 15th, there was short interest totaling 20,610,000 shares, a decline of 35.6% from the May 31st total of 31,990,000 shares. Based on an average daily volume of 16,290,000 shares, the short-interest ratio is presently 1.3 days. Currently, 8.3% of the company's stock are short sold.
View Noble's Short Interest.

Some companies that are related to Noble include Pacific Drilling (PACD), Valaris (DOFSQ), Western Energy Services (WEEEF), Petroteq Energy (PQEFF), Independence Contract Drilling (ICD), InPlay Oil (IPOOF), Pioneer Energy Services (PESXQ), Pacific Drilling (PACDQ), Infinity Energy Resources (IFNY), Sauer Energy (SENY) and Vantage Drilling (VTGDF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Noble investors own include Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Achillion Pharmaceuticals (ACHN), Transocean (RIG), General Electric (GE), Energy Transfer LP Unit (ET), Intel (INTC), Bank of America (BAC), Ford Motor (F) and Halliburton (HAL).

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

Noble's stock is owned by a number of retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.25%), UBS Group AG (0.15%), Goldman Sachs Group Inc. (0.08%), World Asset Management Inc (0.08%), Point72 Hong Kong Ltd (0.07%) and Bank of New York Mellon Corp (0.06%).
View institutional ownership trends for Noble.

NE stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Goldman Sachs Group Inc., and UBS Group AG.
View insider buying and selling activity for Noble.

NE stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Point72 Hong Kong Ltd, and World Asset Management Inc.
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 $0.21.

Noble has a market capitalization of $51.45 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]