Noble Corporation plc (NE)
Market Cap | 5.38B |
Revenue (ttm) | 2.65B |
Net Income (ttm) | 501.41M |
Shares Out | 160.37M |
EPS (ttm) | 3.40 |
PE Ratio | 9.88 |
Forward PE | 12.19 |
Dividend | $2.00 (5.96%) |
Ex-Dividend Date | Sep 12, 2024 |
Volume | 1,817,770 |
Open | 34.14 |
Previous Close | 33.80 |
Day's Range | 33.23 - 34.30 |
52-Week Range | 31.00 - 52.16 |
Beta | 1.00 |
Analysts | Buy |
Price Target | 53.00 (+57.93%) |
Earnings Date | Nov 5, 2024 |
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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for NE stock is "Buy." The 12-month stock price forecast is $53.0, which is an increase of 57.93% from the latest price.
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, ...
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...
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...
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...
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.
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, ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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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...
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...
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")....
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 ...
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...
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...
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.
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.