NE 📈 Noble - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: KYG6610J2093
NE: Drilling, Rigs, Services, Contract, Offshore
Noble Corporation plc is a leading offshore drilling contractor that provides specialized services to the oil and gas industry on a global scale. With a rich history dating back to 1921, the company has established itself as a trusted partner for major oil and gas companies, offering a range of contract drilling services tailored to meet the unique needs of its clients. Its extensive fleet of mobile offshore drilling units is comprised of various types of rigs, including floaters and jackups, which are designed to operate in diverse marine environments and facilitate the exploration and production of oil and gas reserves.
The company's drilling rigs are equipped with advanced technology and equipment, enabling them to operate efficiently and safely in a variety of settings, from shallow water to deepwater environments. Noble Corporation plc's expertise in offshore drilling has allowed it to build a strong reputation in the industry, with a focus on delivering high-quality services that meet the exacting standards of its clients. As a result, the company has become a go-to partner for many major oil and gas companies seeking to explore and develop new energy resources around the world.
Headquartered in Sugar Land, Texas, Noble Corporation plc is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol NE. Its common stock is traded under the ISIN code KYG6610J2093, and the company is classified under the GICS Sub Industry category of Oil & Gas Drilling. For more information about Noble Corporation plc, including its services, operations, and investor relations, visitors can access the company's website at https://www.noblecorp.com.
Additional Sources for NE Stock
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Fund Manager Positions: Dataroma Stockcircle
NE Stock Overview
Market Cap in USD | 4,792m |
Sector | Energy |
Industry | Oil & Gas Drilling |
GiC Sub-Industry | Oil & Gas Drilling |
IPO / Inception | 1990-03-26 |
NE Stock Ratings
Growth 5y | 22.1% |
Fundamental | 53.7% |
Dividend | 62.8% |
Rel. Strength Industry | -1633 |
Analysts | 4.17/5 |
Fair Price Momentum | 25.07 USD |
Fair Price DCF | 37.09 USD |
NE Dividends
Dividend Yield 12m | 4.38% |
Yield on Cost 5y | 5.59% |
Annual Growth 5y | 36.28% |
Payout Consistency | 100.0% |
NE Growth Ratios
Growth Correlation 3m | -59.1% |
Growth Correlation 12m | -72.7% |
Growth Correlation 5y | 73.5% |
CAGR 5y | 7.06% |
CAGR/Mean DD 5y | 0.51 |
Sharpe Ratio 12m | -1.27 |
Alpha | -62.80 |
Beta | 1.03 |
Volatility | 39.21% |
Current Volume | 1472.9k |
Average Volume 20d | 1664k |
As of December 28, 2024, the stock is trading at USD 29.65 with a total of 1,472,893 shares traded.
Over the past week, the price has changed by +2.81%, over one month by -9.95%, over three months by -17.41% and over the past year by -36.56%.
Partly, yes. Based on ValueRay Fundamental Analyses, Noble (NYSE:NE) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 53.72 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NE as of December 2024 is 25.07. This means that NE is currently overvalued and has a potential downside of -15.45%.
Noble has received a consensus analysts rating of 4.17. Therefor, it is recommend to buy NE.
- Strong Buy: 6
- Buy: 2
- Hold: 4
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, NE Noble will be worth about 27.8 in December 2025. The stock is currently trading at 29.65. This means that the stock has a potential downside of -6.24%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 43.7 | 47.5% |
Analysts Target Price | 62.1 | 109.5% |
ValueRay Target Price | 27.8 | -6.2% |