Noble Corp PLC Class A NE

Morningstar Rating
$41.72 −0.02 (0.05%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NE is trading at a LOCK|>?H^? premium.
Price
$41.72
Fair Value
LOCK|.w$v
Uncertainty
LOCK|>B
1-Star Price
LOCK|.>S&$?N
5-Star Price
LOCK|.n<?yS$!
Economic Moat
LOCK|z?
Capital Allocation
—

News

Trading Information

Previous Close Price
$41.74
Day Range
$40.72–42.32
52-Week Range
$26.70–54.98
Bid/Ask
$41.71 / $42.38
Shares Outstanding
159.64M
Market Cap
$6.66B
Volume/Avg
961,484 / 1M

Key Statistics

Price/Earnings (Normalized)
47.41
Price/Sales
2.18
Dividend Yield (Trailing)
4.79%
Dividend Yield (Forward)
4.79%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
4.79%

Company Profile

Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and on deploying its drilling rigs in oil and gas basins around the world. The mobile offshore drilling units comprising the offshore rig fleet operate in international markets for contract drilling services and are often redeployed to different regions due to changing customer demand, which consists mainly of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Small Value
Total Number of Employees
4,500

Valuation

Metric
NE
Price/Earnings (Normalized)
47.41
Price/Book Value
1.49
Price/Sales
2.18
Price/Cash Flow
7.67
Price/Earnings
NE

Financial Strength

Metric
NE
Quick Ratio
1.73
Current Ratio
1.91
Interest Coverage
2.09
Quick Ratio
NE

Profitability

Metric
NE
Return on Assets (Normalized)
2.92%
Return on Equity (Normalized)
4.81%
Return on Invested Capital (Normalized)
4.92%
Return on Assets
NE

Oil & Gas Drilling Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Transocean Ltd
RIG
LOCK|$&ssZx#LOCK|#W$6B
Valaris Ltd
VAL
—LOCK|Vv$6B
Sinopec Oilfield Service Corp Class H
YZCFF
—LOCK|#z#$5B
Patterson-UTI Energy Inc
PTEN
LOCK|<!cLOCK|&qW$4B
Helmerich & Payne Inc
HP
LOCK|<M&>BFLOCK|%Q$$4B
Seadrill Ltd
SDRL
—LOCK|XN$3B
Odfjell Drilling Ltd
ODFJF
—LOCK|f>?$2B
Borr Drilling Ltd
BORR
—LOCK|QHf$1B
Nabors Industries Ltd
NBR
LOCK|<HlPd@>LOCK|$@$1B

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