Noble Corp (NE)

• Market cap: $5.02B
• 1 day: -4.27%
• 5 days: 0.23%
• 1 month: 10.28%
• 3 months: 3.77%
• 6 months: 25.1%
• Year to date: -8.22%
• 1 year: -18.31%
• 5 years: 22.22%
• 10 years: 22.22%
• Sector: Energy
• Industry: Oil & Gas Drilling

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: 5,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

61% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 44

36% more repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 92

20% more call options, than puts

Call options by funds: $94.1M | Put options by funds: $78.1M

16% more capital invested

Capital invested by funds: $2.51B [Q1] → $2.9B (+$391M) [Q2]

8% more funds holding

Funds holding: 296 [Q1] → 320 (+24) [Q2]

2.31% more ownership

Funds ownership: 66.44% [Q1] → 68.75% (+2.31%) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 12 [Q1] → 8 (-4) [Q2]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32
• Avg. target: $33
• High target: $36

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Barclays Eddie Kim	$32	Overweight Maintained	13 Aug 2025
Evercore ISI Group James West	$36	In-Line Maintained	8 Aug 2025
Susquehanna Charles Minervino	$32	Neutral Maintained	7 Aug 2025
Citigroup Scott Gruber	$32	Neutral Downgraded	10 Jul 2025