Noble Corporation (NE)

Market Cap	6.59B
Revenue (ttm)	2.57B
Net Income (ttm)	467.16M
Shares Out	137.08M
EPS (ttm)	3.59
PE Ratio	12.45
Forward PE	12.37
Dividend	$1.60 (3.59%)
Ex-Dividend Date	Nov 14, 2023

Volume	139,956
Open	44.62
Previous Close	44.70
Day's Range	44.40 - 44.87
52-Week Range	33.41 - 55.34
Beta	1.25
Analysts	Strong Buy
Price Target	58.71 (+31.81%)
Earnings Date	Oct 31, 2023

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 consisting of 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: 3,800
• Stock Exchange: NYSE
• Ticker Symbol: NE

Financial Performance

In 2022, Noble's revenue was $1.41 billion, an increase of 83.54% compared to the previous year's $770.33 million. Earnings were $168.95 million, an increase of 65.66%.

Analyst Forecast

According to 7 analysts, the average rating for NE stock is "Strong Buy." The 12-month stock price forecast is $58.71, which is an increase of 31.81% from the latest price.

Price Target

$58.71

(31.81% upside)

Analyst Consensus: Strong Buy