Noble Corporation PLC NE
- Market cap
- $7.0B
- P/E
- 45.1×
Follow NE
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | 20.34 | 22.64 | 34.85 | 28.40 | 17.40 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | — | — | — | — | 29.06 | 42.08 | 55.34 | 52.16 | 35.06 |
High Price
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|||
| 2,800 | 2,000 | 2,000 | 2,000 | 1,500 | 1,800 | 3,800 | 3,600 | 5,000 | 4,500 |
Employees
|
|||
| 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 2,302 | 1,237 | 1,083 | 1,305 | 964 | 848 | 1,414 | 2,589 | 3,058 | 3,286 |
Revenue
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|||
| 61.87% | 48.02% | 41.82% | 46.51% | 41.15% | 19.04% | 36.55% | 43.91% | 44.82% | 41.70% |
Gross Margin
|
|||
| (967) | (450) | (1,237) | (909) | (4,239) | 356 | 192 | 512 | 492 | 273 |
EBT
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| (42.01%) | (36.37%) | (114.25%) | (69.64%) | (439.59%) | 41.99% | 13.54% | 19.79% | 16.10% | 8.31% |
EBT Margin
|
|||
| (858) | (494) | (1,131) | (874) | (3,978) | 352 | 169 | 482 | 448 | 217 |
Net Income
|
|||
| 611 | 548 | 487 | 440 | 374 | 162 | 142 | 195 | 369 | 577 |
Depreciation
|
|||
| 9.47 | 5.05 | 4.39 | 5.24 | 3.84 | 13.42 | 16.62 | 18.71 | 20.56 | 20.68 |
Revenue/Sh
|
|||
| (3.53) | (2.02) | (4.58) | (3.51) | (15.86) | 6.22 | 1.99 | 3.48 | 3.01 | 1.36 |
Earnings/Sh
|
|||
| 4.70 | 1.70 | 0.70 | 0.75 | 1.09 | 0.10 | 3.30 | 4.15 | 4.41 | 5.99 |
Cash Flow/Sh
|
|||
| (2.82) | (0.48) | (0.77) | (1.03) | (0.48) | 2.19 | 2.43 | (2.78) | (3.80) | (2.34) |
Capex/Sh
|
|||
| 1.88 | 1.22 | (0.07) | (0.28) | 0.60 | 2.29 | 5.73 | 1.37 | 0.61 | 3.65 |
Free CF/Sh
|
|||
| 26.60 | 24.31 | 18.87 | 14.70 | (1.24) | 23.75 | 42.41 | 28.34 | 31.27 | 28.63 |
Book Value/Sh
|
|||
| 243 | 245 | 247 | 249 | 251 | 63 | 85 | 138 | 149 | 159 |
Shares
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.85 | 18.14 | 13.86 | 10.30 | 20.61 |
PE Ratio
|
|||
| 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.85 | 2.17 | 2.58 | 1.53 | 1.37 |
PS Ratio
|
|||
| 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.04 | 0.85 | 1.70 | 1.00 | 0.99 |
PB Ratio
|
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| 6.41 | 6.41 | 6.41 | 6.41 | 6.41 | 1.88 | 2.31 | 2.67 | 2.10 | 1.83 |
EV/Sales
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| 41.38 | 41.38 | 41.38 | 41.38 | 41.38 | 11.02 | 6.70 | 36.58 | 71.15 | 10.37 |
EV/FCF
|
|||
| 1,143 | 417 | 172 | 187 | 273 | 6 | 281 | 574 | 655 | 952 |
Op' Cash Flow
|
|||
| (687) | (118) | (189) | (256) | (122) | 138 | 207 | (385) | (565) | (372) |
Capex
|
|||
| 456 | 298 | (18) | (69) | 152 | 145 | 488 | 189 | 90 | 579 |
FCF
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|||
| 559 | 446 | 294 | (95) | 384 | 207 | 385 | 420 | 449 | 513 |
Working Cap'
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|||
| 4,340 | 4,046 | 3,877 | 3,842 | 7 | 220 | 673 | 586 | 1,980 | 1,976 |
Total Debt
|
|||
| 3,614 | 3,383 | 3,502 | 3,737 | (336) | 26 | 197 | 225 | 1,733 | 1,504 |
Net Debt
|
|||
| 6,467 | 5,951 | 4,655 | 3,659 | (311) | 1,501 | 3,607 | 3,921 | 4,651 | 4,549 |
Sh' Equity
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| (7.65%) | (4.65%) | (8.82%) | (7.98%) | (63.41%) | 11.12% | 4.62% | 8.97% | 6.66% | 2.80% |
ROA
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| (4.71%) | (1.11%) | (7.25%) | (5.63%) | 0.00% | 2.55% | 3.76% | 8.66% | 5.91% | 4.29% |
ROIC
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| (13.39%) | (8.32%) | (16.69%) | (16.85%) | (237.69%) | 59.23% | 6.62% | 12.80% | 10.46% | 4.71% |
ROE
|
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Noble Corporation PLC peers in Oil & Gas Drilling
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| RIG Transocean Ltd. | $6.0B | 0.0× | Compare |
| VAL Valaris Limited | $5.7B | 6.0× | Compare |
| PTEN Patterson-UTI Energy, Inc. | $4.2B | 0.0× | Compare |
| HP Helmerich & Payne, Inc. | $4.0B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SDRL Seadrill Limited | $2.9B | 1,519× | Compare |
| BORR Borr Drilling Limited | $1.3B | 0.0× | Compare |
| NBR Nabors Industries Ltd. | $1.3B | 5.5× | Compare |
| SOC Sable Offshore Corp. | $761.7M | 0.0× | Compare |
Noble Corporation PLC (NE) key facts
- Noble Corporation PLC (NE) is an Oil & Gas Drilling company in the Energy sector, listed on the New York Stock Exchange.
- Noble Corporation PLC’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 7.45% from fiscal 2024.
- As of September 25, 2026, NE traded at $42.82, a market capitalization of $7.0 billion.
- Noble Corporation PLC pays an annual dividend of $1.20 per share, a yield of 1.43%.
- Return on equity was 4.71% and debt-to-equity 0.42.
Noble Corporation PLC (NE) Latest News
24 Sep
Noble has earned a 91.3% five-year run, but a recent pullback raises whether current earnings can support the price. The business hinges on converting contract work into steady profits, a key driver of true earnings quality. Noble trades around 46.7x earnings, well above the Energy Services group (~24.1x) and its close peers (~28.9x), implying a premium valuation. A tailored fair-value view suggests the multiple sits above Noble’s growth, profitability, scale and risk, while earnings-based metrics indicate the stock could still be undervalued on fundamentals when fully weighed. Simply Wall St narratives point to modest upside if demand and consolidation trends persist. The analysis emphasizes future earnings quality as the trigger for whether today’s price is justified, and it notes the content is informational rather than investment advice. High valuation relative to peers paired with potential earnings-based undervaluation implies a moderate sentiment shift rather than a decisive catalyst.
16 Sep
Noble Corporation (NYSE:NE) Q2 results placed it among oilfield services stocks with reported operational metrics and sector positioning. Q2 highlights deliver financial and operational data that can shift near-term market views on NE.
29 Jul
Noble Corp PLC (NE) Q2 2026 earnings call highlighted strong backlog growth offsetting Brazil operational challenges. Backlog expansion provides improved revenue visibility and supports operational stability.
28 Jul
Noble Corporation PLC held its Q2 earnings call, presenting financial results, operational updates and forward outlook for the offshore drilling business. Q2 earnings and guidance directly inform near-term revenue expectations and investor positioning for NE.
27 Jul
Noble Corporation PLC announces second quarter 2026 results. Quarterly results release informs on financial performance and operations.
26 Jul
Noble Corporation (NE) is scheduled to report earnings tomorrow. Preview of upcoming earnings can moderately affect near-term stock price and sentiment.
14 Jul
Noble Corporation PLC secured a $136.2M offshore drilling contract in Brunei. New $136.2M contract adds revenue and supports operations but does not alter overall company trajectory.
Noble (NE) shares advance after oil price spike; valuation model indicates stock may still trade 16% below fair value. Oil price movement directly affects Noble's offshore drilling revenue outlook and near-term stock valuation.
9 Jul
RIG offers strong cash generation positioned at a discounted valuation. RIG cash flow strength at reduced prices may moderately shift sentiment toward offshore drillers including NE.
7 Jul
Noble Corporation and Transocean face direct comparison as off-shore drilling investments for 2026, weighing financial metrics, fleet positioning and market outlook to determine the stronger stock purchase. Stock comparison analysis can shift near-term investor sentiment and relative valuation between Noble and its peer.
17 Jun
Barclays upgrades Noble Corporation plc (NE) on expectations of stronger offshore drilling demand. Barclays upgrade reflects improved demand outlook for offshore drilling impacting Noble's market position.
2 Jun
Noble Corporation PLC issues upsized US$800 million bond to refinance debt and reshape its overall debt profile. Debt refinancing optimizes capital structure and may reduce interest costs yet leaves core drilling operations and market position unchanged.
27 May
Noble Corporation PLC appoints Halliburton CEO as director. Director appointment of sector executive brings moderate strategic input without transforming operations.
8 May
Weatherford's contract wins reinforce Noble Corporation PLC (NE)'s offshore growth narrative and strengthen its investment valuation case amid rising offshore activity. Weatherford's contracts signal increased offshore demand that supports Noble's growth trajectory and valuation without fundamentally transforming its position.
6 May
Noble Corporation PLC (NE) reported profit growth despite lower sales and maintained its dividend, potentially altering the bull case for the stock. Profit growth on declining sales with unchanged dividend highlights margin strength but revenue weakness, creating moderate impact on financial outlook and investor sentiment.
5 May
Weatherford International secured a multi-region managed pressure drilling services contract and a global aftermarket agreement from Noble Corporation PLC, enhancing Noble's drilling operations across multiple regions. Multi-region managed pressure drilling and global aftermarket agreement represents a major strategic partnership improving Noble's operational efficiency and competitive edge in offshore drilling.
3 May
Noble Corporation PLC spotlighted the top 5 analyst questions from its Q1 earnings call, covering key concerns on operations, financials, and outlook. Top analyst questions from Q1 earnings call moderately influence financial performance and investor sentiment.
28 Apr
Noble Corp PLC (NE) reported a strong Q1 2026 start in earnings call with robust EBITDA and new developments. Robust Q1 EBITDA and new initiatives signal significant positive momentum for financial performance and market trajectory.
Noble Corporation PLC (NE) Q1 2026 results show backlog growth and dividend announcement, prompting valuation analysis. Backlog growth secures future revenues while dividend announcement attracts investors and supports positive valuation shift.
27 Apr
Noble Corporation PLC (NE) reports robust Q1 with key contract wins amid tightening offshore market, driving positive outlook for future operations and performance. Contract wins and tightening market dynamics promise substantial revenue uplift and enhanced competitive positioning for NE.
Noble Corporation PLC (NE) released Q1 earnings call highlights detailing financial performance, operational updates, rig contracts, and outlook amid offshore drilling market dynamics. Q1 earnings highlights disclose financial results, contract backlogs, and guidance that significantly shape investor expectations and stock trajectory.
Noble Corporation PLC (NE) Q1 2026 earnings call transcript details quarterly financial results, operational updates, and forward guidance. Earnings call transcript reveals Q1 2026 financial performance and outlook, potentially shifting investor sentiment and stock trajectory significantly.
Noble Corporation PLC (NE) released Q1 2026 earnings call summary covering financial results, operational updates, and outlook. Q1 2026 earnings summary directly impacts financial performance perception and stock trajectory.
Noble Corporation PLC (NE) reported a 12% increase in Q1 2026 net income. 12% net income growth for Q1 2026 indicates improved financial performance with moderate positive effect on future outlook and market sentiment.
26 Apr
Noble Corporation PLC announced first quarter 2026 results. Quarterly earnings announcements significantly affect financial performance, stock price, and investor sentiment.
25 Apr
Noble Corporation (NE) Q1 earnings preview spotlights key metrics including revenue, adjusted EBITDA, rig utilization, contract backlog, day rates, and full-year guidance amid fluctuating offshore drilling demand and oil prices. Earnings previews shape investor expectations on financial performance and operational metrics ahead of results.
22 Apr
Noble Corporation PLC (NE) conducted its Q3 2024 earnings call, reviewing quarterly financial results, operational performance, rig contracts, cash flow, debt reduction, dividend policy, and outlook amid volatile oil markets. Quarterly earnings transcript reveals financial metrics, guidance, and strategic updates that significantly shape investor expectations and stock trajectory.
Noble Corporation PLC (NE) Q1 2025 earnings call transcript released, detailing quarterly financial results, operational updates, and forward guidance. Q1 2025 earnings transcript provides key financial metrics, management insights, and guidance that significantly influence stock price and investor expectations.
16 Apr
Noble Corporation PLC reports backlog gains and fleet sales that reset growth trajectory and earnings potential. Backlog gains secure revenue visibility while fleet sales optimize operations for accelerated growth and improved earnings.
Citi raised its price target for Noble Corporation PLC (NE) to $50 from $42. Citi's 19% price target increase for NE reflects improved analyst outlook, likely influencing investor sentiment and short-term market performance moderately.