Noble Corporation (NE)

Market Cap	6.24B
Revenue (ttm)	2.59B
Net Income (ttm)	481.90M
Shares Out	137.08M
EPS (ttm)	3.32
PE Ratio	13.92
Forward PE	13.22
Dividend	$1.60 (3.52%)
Ex-Dividend Date	Mar 7, 2024

Volume	357,910
Open	46.44
Previous Close	46.21
Day's Range	45.47 - 46.72
52-Week Range	34.85 - 55.34
Beta	1.02
Analysts	Strong Buy
Price Target	59.86 (+31.65%)
Earnings Date	May 6, 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 $59.86, which is an increase of 31.65% from the latest price.

Price Target

$59.86

(31.65% upside)

Analyst Consensus: Strong Buy