NYSE:NENoble Stock Price, Forecast & News

Noble's stock was trading at $0.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NE stock has increased by 19.8% and is now trading at $0.2994. 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) posted its quarterly earnings data on Wednesday, May, 6th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.31) by $0.03. The oil and gas company had revenue of $281.31 million for the quarter, compared to the consensus estimate of $267.80 million. Noble had a negative return on equity of 10.23% and a negative net margin of 129.80%. View Noble's earnings history.

12 analysts have issued 12 month price targets for Noble's shares. Their forecasts range from $1.00 to $3.00. On average, they expect Noble's share price to reach $1.58 in the next year. This suggests a possible upside of 428.8% from the stock's current price. View analysts' price targets for Noble.

Media coverage about NE stock has trended somewhat positive on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Noble earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news 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 effect on the company's share price in the immediate future. View the latest news about Noble.

Noble saw a increase in short interest in June. As of June 15th, there was short interest totaling 31,990,000 shares, an increase of 43.6% from the May 31st total of 22,270,000 shares. Based on an average daily trading volume, of 13,490,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 12.9% of the company's 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 $0.30.

Noble has a market capitalization of $75.13 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]