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NE Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
42.700
Open
42.640
VWAP
41.56
Vol
3.53M
Mkt Cap
6.65B
Low
40.290
Amount
146.88M
EV/EBITDA(TTM)
7.71
Total Shares
159.55M
EV
7.94B
EV/OCF(TTM)
8.33
P/S(TTM)
2.22
Noble Corporation plc is an offshore drilling contractor for the oil and gas industry, which owns and operates technically advanced fleets in the offshore drilling industry. The Company performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units focused on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide. It provides contract drilling services to the international oil and gas industry with its global fleet of mobile offshore drilling units. The mobile offshore drilling units comprising its offshore rig fleet operate in a global market for contract drilling services, and its customers consist primarily of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world. Its fleet of approximately 31 drilling rigs consists of 25 floaters and 6 jackups. Its fleet includes Noble Faye Kozack, Noble Venturer, Noble Viking, and others.
Show More

Events Timeline

(ET)
2026-05-05
09:00:00
Weatherford Awarded Multiple Contracts with Noble Corp.
select
2026-04-26 (ET)
2026-04-26
19:50:00
Noble Reports Q1 Revenue of $786M, Exceeds Consensus
select
2026-04-26
19:50:00
Company Reaffirms FY26 Guidance at $940M-$1.02B
select

News

Fool
6.5
06-09Fool
Investment Comparison Between Helmerich & Payne and Noble Corp
  • Helmerich's Revenue Growth: In fiscal year 2025, Helmerich & Payne reported revenues of $3.75 billion, a 35.9% increase, although net income fell to $93.97 million, indicating profit pressure amid high demand and reflecting the impact of industry volatility on its finances.
  • Noble's Customer Concentration Risk: Noble's revenue reached nearly $3.3 billion in FY 2025, growing 7.4%, but its net income was approximately $107.48 million with a declining profit margin of 6.6%, highlighting the risks associated with reliance on a few major clients.
  • Capital Structure Comparison: As of June 2026, Helmerich's debt-to-equity ratio stands at 0.76, while Noble's is at 0.4, indicating that Noble's conservative capital structure provides greater financial flexibility to weather market fluctuations.
  • Market Outlook Analysis: Helmerich derives 67% of its sales from the U.S. market, benefiting from the stability of the domestic energy sector, while Noble relies on the North Sea market, facing greater external risks, suggesting Helmerich is a more attractive investment for 2026.
NASDAQ.COM
8.5
06-09NASDAQ.COM
Investment Outlook for Helmerich & Payne vs. Noble
  • Financial Performance Comparison: Helmerich & Payne reported $3.75 billion in revenue for FY 2025, a 35.9% increase, yet net income fell to $93.97 million, indicating that despite revenue growth, profitability is under pressure, reflecting the risks of industry volatility.
  • Customer Concentration Risk: Helmerich's largest customer accounts for about 12% of its consolidated operating revenues, while Noble's top three customers represent 19.7%, 13.2%, and 12.5%, respectively, increasing the financial risk for both companies amid market fluctuations.
  • Capital Structure Analysis: As of June 2026, Helmerich's debt-to-equity ratio stands at 0.76, indicating a relatively high leverage level, whereas Noble's ratio is 0.4, suggesting a more conservative capital structure and greater financial flexibility.
  • Market Positioning Differences: Helmerich primarily focuses on high-spec land drilling in the U.S. and select international markets, while Noble provides services in deepwater and harsh environments; despite both facing market cycle challenges, Helmerich's stability in the U.S. market makes it a more attractive option for 2026.
PRnewswire
8.5
06-01PRnewswire
Noble Corporation Prices $800 Million Senior Notes Offering
  • Upsized Offering: Noble Corporation announced that its wholly-owned subsidiary Noble Finance II LLC has increased the offering size of its senior notes from the initially planned $500 million to $800 million, reflecting strong market demand, with the transaction expected to close on June 11, 2026, enhancing the company's liquidity.
  • Interest Rate Setting: The 6.250% senior notes will be issued at par, providing the company with a stable source of financing that is expected to lower borrowing costs in future capital structure optimization efforts.
  • Clear Use of Proceeds: Noble intends to use the net proceeds from this offering, along with cash on hand, to redeem the maturing 8.500% and 8.000% senior notes, which is expected to improve the company's debt profile and reduce interest expenses, thereby enhancing overall financial health.
  • Compliance and Market Positioning: The notes are being offered only to qualified institutional buyers in compliance with U.S. securities laws, ensuring the legality of the issuance while also demonstrating the company's robust positioning in the capital markets.
Newsfilter
8.5
06-01Newsfilter
Noble Corporation Prices $800 Million Senior Notes Offering
  • Upsized Offering: Noble Corporation announced that its wholly-owned subsidiary Noble Finance II LLC has increased the offering size of its senior notes from $500 million to $800 million, reflecting strong market demand, with the offering expected to close on June 11, 2026, thereby enhancing the company's capital structure.
  • Clear Use of Proceeds: The net proceeds from this offering will be used to redeem the outstanding 8.500% and 8.000% senior notes, which is expected to improve the company's financial condition by reducing interest burdens, thus enhancing future profitability and cash flow.
  • Regulatory Compliance: The notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933 and Regulation S, ensuring the legality and compliance of the offering while minimizing potential legal risks.
  • Strategic Market Positioning: As a leading offshore drilling contractor, Noble Corporation aims to provide high-specification drilling services globally with its modern fleet, and this financing will further solidify its market position in the oil and gas industry.
PRnewswire
8.5
06-01PRnewswire
Noble Corporation Launches $500 Million Unsecured Senior Notes Offering
  • Financing Initiative: Noble Corporation, through its wholly-owned subsidiary Noble Finance II LLC, has commenced an offering of $500 million in unsecured senior notes due 2034, aimed at strengthening the company's capital structure.
  • Redemption Strategy: The net proceeds from this offering will be used alongside existing cash to redeem the outstanding 8.500% Senior Secured Second Lien Notes due 2030, which is expected to improve the company's debt profile and reduce interest expenses.
  • Regulatory Compliance: The notes are being offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933 and to international investors in compliance with relevant regulations, ensuring legal compliance to mitigate risks.
  • Company Overview: Noble Corporation has been engaged in contract drilling services since 1921, operating a modern fleet focused on ultra-deepwater and high-specification drilling opportunities, underscoring its leadership position in the offshore drilling industry.
CNBC
6.0
05-07CNBC
Barclays: Best Time in Two Decades to Buy Oil Service Stocks
  • Sector Upgrade: Barclays upgraded the U.S. energy service and technology sector from neutral to positive, raising ratings for oil service providers like Halliburton from equal weight to overweight, reflecting confidence in the sector's future performance.
  • Oil Price Volatility: Although oil prices fell to $90.51 per barrel due to reports of a potential U.S.-Iran deal, nearly 20% down from early April's peak, Barclays analysts believe Middle Eastern events will lead to structurally higher oil prices, driving a multi-year upstream spending cycle.
  • Positive Outlook for Halliburton: Barclays raised Halliburton's 12-month price target from $37 to $55, implying a 36% upside from Wednesday's close, indicating significant benefits for the company amid rising oil prices.
  • Offshore Services Potential: Barclays also upgraded Patterson-UTI Energy and ProPetro Holding to overweight, forecasting an increase in active deepwater rigs from 122 to 131 by the end of 2027, which will provide a tailwind for offshore oil service companies.
Wall Street analysts forecast NE stock price to rise
5 Analyst Rating
Wall Street analysts forecast NE stock price to rise
1 Buy
4 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
32.00
Averages
33.20
High
36.00
Current: 0.000
sliders
Low
32.00
Averages
33.20
High
36.00
Barclays
Equal Weight -> Overweight
upgrade
$50 -> $56
AI Analysis
2026-05-07
Reason
Barclays
Price Target
$50 -> $56
AI Analysis
2026-05-07
upgrade
Equal Weight -> Overweight
Reason
Barclays upgraded Noble Corp. to Overweight from Equal Weight with a price target of $56, up from $50. The firm adjusted ratings and price targets in the energy services group, saying the sector faces its best setup in 20 years. Barclays upgraded is industry view to Positive from Neutral. Once the \"supply shock\" ends, oil prices will be structurally higher with upstream spending accelerating in 2027 and 2028, the analyst tells investors in a research note. Barclays sees this driving an earnings revision cycle and potential re-rating of stocks. The events in the Middle East will result in structurally higher oil prices and an ensuing multi-year upstream spending cycle to drive outperformance of the energy services sector, according to Barclays. The firm upgraded six names and downgraded two
Citi
Neutral
maintain
$50 -> $52
2026-05-05
Reason
Citi
Price Target
$50 -> $52
2026-05-05
maintain
Neutral
Reason
Citi raised the firm's price target on Noble Corp. to $52 from $50 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NE
Unlock Now

Valuation Metrics

The current forward P/E ratio for Noble Corporation PLC (NE.N) is 20.96, compared to its 5-year average forward P/E of 17.79. For a more detailed relative valuation and DCF analysis to assess Noble Corporation PLC's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
17.79
Current PE
20.96
Overvalued PE
25.27
Undervalued PE
10.31

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
6.45
Current EV/EBITDA
6.60
Overvalued EV/EBITDA
7.97
Undervalued EV/EBITDA
4.93

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.79
Current PS
2.00
Overvalued PS
2.30
Undervalued PS
1.29

Financials

AI Analysis
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Whales Holding NE

P
Patient Capital Management, LLC
Holding
NE
+16.77%
3M Return
C
Contrarius Investment Management Ltd.
Holding
NE
+14.62%
3M Return
P
PTE Allianz Polska SA
Holding
NE
+13.81%
3M Return
A
azValor Asset Management SGIIC, S.A.U.
Holding
NE
-6.49%
3M Return
S
Sourcerock Group LLC
Holding
NE
-10.45%
3M Return
G
Goehring & Rozencwajg Associates, LLC
Holding
NE
-11.18%
3M Return

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Frequently Asked Questions

What is Noble Corporation PLC (NE) stock price today?

The current price of NE is 41.68 USD — it has decreased -3.14

What is Noble Corporation PLC (NE)'s business?

Noble Corporation plc is an offshore drilling contractor for the oil and gas industry, which owns and operates technically advanced fleets in the offshore drilling industry. The Company performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units focused on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide. It provides contract drilling services to the international oil and gas industry with its global fleet of mobile offshore drilling units. The mobile offshore drilling units comprising its offshore rig fleet operate in a global market for contract drilling services, and its customers consist primarily of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world. Its fleet of approximately 31 drilling rigs consists of 25 floaters and 6 jackups. Its fleet includes Noble Faye Kozack, Noble Venturer, Noble Viking, and others.

What is the price predicton of NE Stock?

Wall Street analysts forecast NE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NE is33.20 USD with a low forecast of 32.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Noble Corporation PLC (NE)'s revenue for the last quarter?

Noble Corporation PLC revenue for the last quarter amounts to 742.55M USD, decreased -10.80

What is Noble Corporation PLC (NE)'s earnings per share (EPS) for the last quarter?

Noble Corporation PLC. EPS for the last quarter amounts to 0.75 USD, increased 11.94

How many employees does Noble Corporation PLC (NE). have?

Noble Corporation PLC (NE) has 4500 emplpoyees as of June 21 2026.

What is Noble Corporation PLC (NE) market cap?

Today NE has the market capitalization of 6.65B USD.