Noble Corporation PLC (NE) vs Sable Offshore Corp. (SOC)
Noble Corporation PLC and Sable Offshore Corp. are both Oil & Gas Drilling companies. Noble Corporation PLC is the larger, with a market value of $7.0B against $761.7M — 9.2× the size. Sable Offshore Corp. has negative trailing earnings, so its P/E is not meaningful; Noble Corporation PLC trades at 45.1×. Noble Corporation PLC has the higher net margin (4.88% vs 0.00%) and the higher return on invested capital (3.68% vs −18.9%). Across the 13 metrics below, Noble Corporation PLC leads on 10 and Sable Offshore Corp. on 3.
Valuation
Profitability
| Metric | NE | SOC | Oil & Gas Drilling median |
|---|---|---|---|
| Gross margin | 39.78% | — | 39.29% |
| Operating margin | 11.37% | 0.00% | 7.77% |
| Net margin | 4.88% | 0.00% | 0.00% |
| Free cash flow margin | 20.25% | 0.00% | 4.46% |
| Return on equity | 3.28% | (103.21%) | (2.78%) |
| Return on assets | 2.01% | (24.55%) | (1.64%) |
| Return on invested capital | 3.68% | (18.87%) | 2.29% |
Growth
Health
Dividend
Size
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