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

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
What is the price of NE stocks?
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%.
Is Noble a good stock to buy?
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%.
Is NE a buy, sell or hold?
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
What are the forecast for NE stock price target?
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%