Noble Corporation plc (NE)

NYSE: NE · Real-Time Price · USD
29.88
+0.41 (1.39%)
Dec 26, 2024, 4:00 PM EST - Market closed
1.39%
Market Cap 4.79B
Revenue (ttm) 2.65B
Net Income (ttm) 501.41M
Shares Out 160.37M
EPS (ttm) 3.40
PE Ratio 8.80
Forward PE 11.70
Dividend $2.00 (6.69%)
Ex-Dividend Date Dec 5, 2024
Volume 1,112,050
Open 29.38
Previous Close 29.47
Day's Range 28.92 - 29.98
52-Week Range 28.40 - 52.16
Beta 0.99
Analysts Buy
Price Target 47.00 (+57.3%)
Earnings Date Feb 20, 2025

About NE

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. It operates drilling rigs, such as floaters and jackups. Noble Corporation plc was founded in 1921 and is headquartered in Sugar Land, Texas. [Read more]

Sector Energy
Founded 1985
Employees 3,600
Stock Exchange NYSE
Ticker Symbol NE
Full Company Profile

Financial Performance

In 2023, Noble Corporation's revenue was $2.46 billion, an increase of 84.70% compared to the previous year's $1.33 billion. Earnings were $481.90 million, an increase of 185.24%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for NE stock is "Buy." The 12-month stock price forecast is $47.0, which is an increase of 57.30% from the latest price.

Price Target
$47.0
(57.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Noble Corporation: Production Backlog And Capital Return Promising, Yet Low Visibility On Earnings Past 2025

Noble Corporation's geographic diversification and strong client base are positives, but its lack of long-term contracts and idle rigs are concerning. The company's fluctuating revenues and earnings, ...

7 weeks ago - Seeking Alpha

Noble Corporation plc (NE) Q3 2024 Earnings Call Transcript

Noble Corporation plc (NYSE:NE) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Ian MacPherson - Vice President of Investor Relations Robert Eifler - President and C...

7 weeks ago - Seeking Alpha

NOBLE CORPORATION PLC ANNOUNCES THIRD QUARTER 2024 RESULTS AND ADDITIONAL SHARE REPURCHASE AUTHORIZATION

Closed Diamond acquisition on September 4th Increased capital return program with additional share repurchase authorization of $400 million Repurchased 6.9 million of shares in Q3 2024, $0.50 per shar...

7 weeks ago - PRNewsWire

Noble Corporation plc to announce third quarter 2024 results

SUGAR LAND, Texas , Oct. 18, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announces plans to report financial results for the third quarter 2024 o...

2 months ago - PRNewsWire

Noble Corporation plc announces changes to its share capital including share repurchases for the month of September 2024

SUGAR LAND, Texas , Sept. 30, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital.

3 months ago - PRNewsWire

Noble Corporation plc announces closing of Diamond acquisition and new appointment to the board of directors

SUGAR LAND, Texas , Sept. 4, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble", the "Company") (CSE: NOBLE, NYSE: NE) today announces the completion of its acquisition of Diamond Offshore Drilling, ...

4 months ago - PRNewsWire

Noble Corporation plc announces changes to its share capital including share repurchases for the month of August 2024

SUGAR LAND, Texas , Aug. 31, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (NYSE: NE, CSE: NOBLE) today announces changes to its share capital. During the month of August, Noble has repurchased...

4 months ago - PRNewsWire

Noble Corporation and Diamond Offshore Provide Update on Expected Closing of Transaction

SUGAR LAND, Texas , Aug. 30, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. ("Diamond Offshore") (NYSE: DO) announced today the receipt...

4 months ago - PRNewsWire

These offshore oil drillers look like bargain stocks as the industry recovers

The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service t...

Other symbols: TDWVAL
4 months ago - Market Watch

Navigating Through The Storm: Noble Corporation's Undervalued Potential

Noble Corporation's stock has significantly lagged behind the broader market, dropping by 26% in the last year. Gross revenues have increased by 200% over the last 3 years, driven by higher contract d...

4 months ago - Seeking Alpha

NOBLE CORPORATION PLC ANNOUNCES CLOSING OFFERING OF AN ADDITIONAL $800 MILLION PRINCIPAL AMOUNT OF 8.000% SENIOR NOTES DUE 2030

SUGAR LAND, Texas , Aug. 22, 2024 /PRNewswire/ -- Noble Corporation plc ("Parent" and together with its subsidiaries, "Noble") (NYSE: NE, CSE: NOBLE) today announced that Noble Finance II LLC (the "Is...

4 months ago - PRNewsWire

Noble Corporation: Strong Quarter But Muted Near-Term Outlook - Buy

Noble Corporation reported strong Q2/2024 results with revenue and profitability outperforming consensus expectations. While the company's full-year outlook was largely unchanged, management now expec...

4 months ago - Seeking Alpha

NOBLE CORPORATION PLC ANNOUNCES PRICING AND UPSIZING OF OFFERING OF AN ADDITIONAL $800 MILLION PRINCIPAL AMOUNT OF 8.000% SENIOR NOTES DUE 2030

SUGAR LAND, Texas , Aug. 8, 2024 /PRNewswire/ -- Noble Corporation plc ("Parent" and together with its subsidiaries, "Noble") (NYSE: NE, CSE: NOBLE) today announced that Noble Finance II LLC (the "Iss...

5 months ago - PRNewsWire

NOBLE CORPORATION PLC ANNOUNCES OFFERING OF AN ADDITIONAL $675 MILLION PRINCIPAL AMOUNT OF 8.000% SENIOR NOTES DUE 2030

SUGAR LAND, Texas , Aug. 8, 2024 /PRNewswire/ -- Noble Corporation plc ("Parent" and together with its subsidiaries, "Noble") (NYSE: NE, CSE: NOBLE) today announced that Noble Finance II LLC (the "Iss...

5 months ago - PRNewsWire

Noble Corporation plc (NE) Q2 2024 Earnings Call Transcript

Noble Corporation plc (NYSE:NE) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Ian MacPherson - VP, IR Robert Eifler - President and CEO Richard Barker - CFO Blake De...

5 months ago - Seeking Alpha

Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks

I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their ...

5 months ago - Seeking Alpha

NOBLE CORPORATION PLC ANNOUNCES SECOND QUARTER 2024 RESULTS

Announced acquisition of Diamond Offshore Drilling, Inc. ("Diamond"), bolstering a leading position in deepwater; transaction expected to close by Q1 2025. Q2 Net Income of $195 million, Diluted Earni...

5 months ago - PRNewsWire

Noble Corporation and Diamond Offshore Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update

SUGAR LAND, Texas , July 25, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. ("Diamond") (NYSE: DO) announced today that the waiting per...

5 months ago - PRNewsWire

Noble Corporation plc announces its intention to delist from NASDAQ Copenhagen

SUGAR LAND, Texas , July 18, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble", "the Company") (NYSE: NE, CSE: NOBLE) announces its intention to voluntarily delist from NASDAQ Copenhagen ("NASDAQ")....

5 months ago - PRNewsWire

Noble Corporation plc to announce second quarter 2024 results

SUGAR LAND, Texas , July 16, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (CSE: NOBLE, NYSE: NE) today announces plans to report financial results for the second quarter 2024 ...

5 months ago - PRNewsWire

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024

Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

Other symbols: FLNGKNOPNMMRIGTDWVAL
6 months ago - Seeking Alpha

DIAMOND OFFSHORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond Offshore Drilling, Inc. - DO

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diamond Offshore...

7 months ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Diamond Offshore Drilling, Inc.

NEW YORK , June 10, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Diamond Offshore Drilling, Inc. (NYSE: DO) and its board of directors concerning the pr...

7 months ago - PRNewsWire

Noble To Buy Diamond Offshore Drilling: What To Know

If Noble's bid for Diamond Offshore goes through, it will create one of the world's largest offshore drilling companies.

7 months ago - Kiplinger

Driller Noble to buy Diamond Offshore for $1.6 billion

Consolidation in the oil industry continues, with offshore drilling contractor Noble Corp. on Monday announcing a cash-and-stock deal for rival Diamond Offshore Drilling.

7 months ago - Market Watch