NE$29.58
$29.98
Chart
Performance
Key Stats
AI NE Summary
Powered by LiveAIAI Scoreboard
Powered by LiveAIOverall Analysis
BuyNoble Corporation exhibits strong fundamental performance and favorable industry tailwinds, although current technical indicators suggest some short-term caution. The company's robust dividend yield is a key attractive feature.
Thematic
Noble Corporation operates in the offshore drilling sector, which is sensitive to global energy demand and commodity prices. The ongoing energy transition presents both opportunities (e.g., offshore wind support) and challenges (e.g., reduced oil and gas exploration over the very long term). Current demand for offshore drilling services appears stable to improving.
Fundamental
Noble Corporation demonstrates strong profitability, consistent dividend payments, and a manageable debt level. Recent financial performance shows revenue growth and improving net income margins, though EPS has been volatile.
Technical
The stock has shown positive short-term performance (5D, 1M), but longer-term trends (6M, 1Y) indicate significant declines. Technical indicators are mixed, with some suggesting a bullish trend and others pointing to potential overbought conditions or lack of strong momentum.
| Factor | Score |
|---|---|
| Energy Market Demand | 80 |
| Energy Transition | 40 |
| Commodity Price Sensitivity | 65 |
| Fleet Modernization | 75 |
| Factor | Score |
|---|---|
| Valuation | 85 |
| Profitability | 75 |
| Growth | 80 |
| Balance Sheet Health | 70 |
| Cash Flow | 65 |
| Shareholder Returns | 95 |
| Factor | Score |
|---|---|
| Trend Analysis | 50 |
| Momentum | 55 |
| Volume Confirmation | 50 |
| Support & Resistance | 50 |
| Short-term Performance | 60 |
AI Investing Checklist
Powered by LiveAIBullish Points (7)
Attractive Valuation Metrics
The P/E ratio (TTM) is 17.1, which is lower than the 2022 P/E of 27.0, indicating the stock may be more attractively valued compared to its recent past. The P/S ratio of 1.8 (TTM) also suggests potential value compared to the 2022 P/S of 3.2.
Improving Debt Position and Cash Reserves
While debt has increased from $0.58B in Q4 2023 to $1.98B in Q4 2024, the company's cash equivalents have remained substantial at $0.25B (Q4 2024). The increase in debt may be associated with strategic investments or acquisitions, and the company's ability to manage this debt will be key. Positive free cash flow generation in the last reported quarter ($0.08B in Q4 2024) is a good sign.
Bearish Points (7)
Missed Earnings Estimates
Recent quarterly earnings have missed analyst estimates. For example, Q2 2025 reported EPS of $0.26 against an estimate of $0.42 (-37.87% surprise) and Q1 2025 reported EPS of $0.56 against an estimate of $0.63 (-11.36% surprise). This indicates potential challenges in meeting future earnings expectations.
High Quarterly P/E and P/S Ratios
Quarterly P/E ratios are showing significant increases, with Q1 2025 at 34.1 and Q4 2024 at 49.5. Similarly, quarterly P/S ratios are high, with Q1 2025 at 4.2 and Q4 2024 at 5.2. These elevated ratios may suggest the stock is overvalued on a short-term basis.
Calendar
June 2025
5
Ex-Dividend Date
June 2025
18
Next Dividend Date
August 2025
6
Next Earnings Date
H: $0.74
A: $0.45
L: $0.31
H: 890.00M
A: 852.67M
L: 829.50M
Profile
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services 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 Houston, Texas.
Seasonals
Price Target
33.91 USD
The 39 analysts offering 1 year price forecasts for NE have a max estimate of 40.00 and a min estimate of 30.00.
Debt Level and Coverage
Financial Position Analysis
Ownership
Capital Structure
Valuation - Summary
Valuation - Ratios
Revenue to Profit Conversion
Balance Sheet
Income Statement
Cash Flow
Related Companies
Powered by LiveAIWeight: 98
Direct competitor in global offshore drilling, operating a large fleet of deepwater rigs.
Weight: 97
Direct competitor in offshore drilling, with a diverse fleet of jackups and deepwater rigs.
Weight: 95
Direct competitor specializing in deepwater and harsh environment offshore drilling services.
Weight: 93
Direct competitor in offshore drilling, operating a modern fleet of drillships and jackups.