Noble Corp
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
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
65% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 77
23% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 48
20% more funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 12 (+2) [Q1 2025]
2% more funds holding
Funds holding: 289 [Q4 2024] → 296 (+7) [Q1 2025]
6% less call options, than puts
Call options by funds: $38.3M | Put options by funds: $40.7M
5.95% less ownership
Funds ownership: 71.98% [Q4 2024] → 66.03% (-5.95%) [Q1 2025]
31% less capital invested
Capital invested by funds: $3.62B [Q4 2024] → $2.49B (-$1.13B) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$25
14%
downside
Avg. target
$30
2%
upside
High target
$34
17%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
JP Morgan Arun Jayaram | 3%upside $30 | Overweight Upgraded | 28 May 2025 |
BTIG Greg Lewis | 3%upside $30 | Buy Maintained | 5 May 2025 |
Susquehanna Charles Minervino | 14%downside $25 | Neutral Maintained | 30 Apr 2025 |
Barclays Eddie Kim | 0%downside $29 | Overweight Maintained | 7 Apr 2025 |
Citigroup Scott Gruber | 17%upside $34 | Buy Maintained | 19 Mar 2025 |
Financial journalist opinion
Positive
Forbes
2 weeks ago
Noble Passes Through 8% Yield Mark
In trading on Friday, shares of Noble were yielding above the 8% mark based on its quarterly dividend (annualized to $2), with the stock changing hands as low as $24.60 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
Positive
Seeking Alpha
1 month ago
Noble: A Strong Q1, But Re-Contracting Risk Remains An Overhang (Downgrade)
Noble Corporation plc's shares have underperformed due to weak oil prices, but Q1 results showed strong free cash flow and new contracts, boosting the short-term outlook. The company generated $173 million in free cash flow in Q1, covering its 9.5% dividend yield, and maintains a solid balance sheet with 1.2x net leverage. Noble secured 15 rig years of new contracts worth a minimum of $2.2 billion, improving its backlog to $7.5 billion and solidifying its 2025-2026 outlook.
Neutral
Seeking Alpha
1 month ago
Noble Corporation plc (NE) Q1 2025 Earnings Call Transcript
Noble Corporation plc (NYSE:NE ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Ian MacPherson - Vice President of Investor Relations Robert Eifler - President and Chief Executive Officer Richard Barker - Chief Financial Officer Conference Call Participants David Smith - Pickering Energy Partners Arun Jayaram - JPMorgan Scott Gruber - Citigroup Eddie Kim - Barclays Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Noel Parks - Tuohy Brothers Operator Thank you for standing by. My name is Bailey, and I will be your conference operator today.
Negative
Zacks Investment Research
1 month ago
Noble Corporation PLC (NE) Misses Q1 Earnings Estimates
Noble Corporation PLC (NE) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.45 per share a year ago.
Neutral
PRNewsWire
1 month ago
NOBLE CORPORATION PLC ANNOUNCES FIRST QUARTER 2025 RESULTS
Approximately 15 rig years of new contract awards representing $2.2 to $2.7 billion of revenue potential; backlog increased to $7.5 billion. Q2 quarterly cash dividend maintained at $0.50 per share; approximately $100 million returned to shareholders in Q1.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
PRNewsWire
2 months ago
Noble Corporation plc to announce first quarter 2025 results
HOUSTON , April 8, 2025 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (NYSE: NE) today announces plans to report financial results for the first quarter 2025 on Monday April 28, 2025 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com.
Positive
Benzinga
2 months ago
Top 3 Energy Stocks You'll Regret Missing In Q2
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Positive
Benzinga
3 months ago
Top 3 Energy Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Neutral
Zacks Investment Research
3 months ago
Noble Secures New Drilling Contract Offshore Suriname Worth $17.7M
NE's new contract involves drilling one well using the Noble Regina Allen rig. The project is expected to begin in the fourth quarter of 2025.
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