Noble Corporation (NE)

Market Cap	6.37B
Revenue (ttm)	2.62B
Net Income (ttm)	469.32M
Shares Out	142.88M
EPS (ttm)	3.23
PE Ratio	13.81
Forward PE	11.08
Dividend	$2.00 (4.48%)
Ex-Dividend Date	Sep 12, 2024

Volume	1,207,135
Open	43.64
Previous Close	43.19
Day's Range	43.42 - 44.62
52-Week Range	41.23 - 55.34
Beta	1.05
Analysts	Strong Buy
Price Target	61.00 (+36.74%)
Earnings Date	Jul 31, 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.

• Industry: Oil & Gas Drilling
• Sector: Energy
• Founded: 1985
• Employees: 3,600
• Stock Exchange: NYSE
• Ticker Symbol: NE

Financial Performance

In 2023, Noble's revenue was $2.59 billion, an increase of 83.12% compared to the previous year's $1.41 billion. Earnings were $481.90 million, an increase of 185.24%.

Analyst Forecast

According to 7 analysts, the average rating for NE stock is "Strong Buy." The 12-month stock price forecast is $61.0, which is an increase of 36.74% from the latest price.

Price Target

$61.0

(36.74% upside)

Analyst Consensus: Strong Buy