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Noble Corp
NE

$44.74
0.56%
 

About: 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 the deployment of its drilling rigs in oil and gas basins around the world.

Employees: 3,600

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

29.54% more ownership

Funds ownership: 39.92% [Q4 2023] → 69.45% (+29.54%) [Q1 2024]

20% more call options, than puts

Call options by funds: $41.5M | Put options by funds: $34.6M

3% more capital invested

Capital invested by funds: $4.68B [Q4 2023] → $4.81B (+$131M) [Q1 2024]

1% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 95

7% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 43

1% less funds holding

Funds holding: 277 [Q4 2023] → 274 (-3) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 16 [Q4 2023] → 12 (-4) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$44
2%
downside
Avg. target
$54
21%
upside
High target
$61
36%
upside

6 analyst ratings

positive
50%
neutral
50%
negative
0%
Benchmark
Kurt Hallead
34%upside
$60
Buy
Reiterated
11 Jun 2024
Susquehanna
Charles Minervino
10%upside
$49
Neutral
Maintained
8 May 2024
Susquehanna
Charles Minervino
14%upside
$51
Neutral
Maintained
8 Apr 2024
Barclays
Eddie Kim
32%upside
$59
Overweight
Maintained
5 Mar 2024
Susquehanna
Charles Minervino
2%downside
$44
Neutral
Maintained
26 Feb 2024

Financial journalist opinion

Based on 13 articles about NE published over the past 30 days