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Noble Corporation plc (NE)


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Upturn Advisory Summary
10/20/2025: NE (1-star) is a SELL. SELL since 5 days. Simulated Profits (-3.57%). Updated daily EoD!
1 Year Target Price $33.6
1 Year Target Price $33.6
5 | Strong Buy |
2 | Buy |
4 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -46.04% | Avg. Invested days 27 | Today’s Advisory SELL |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.36B USD | Price to earnings Ratio 14.46 | 1Y Target Price 33.6 |
Price to earnings Ratio 14.46 | 1Y Target Price 33.6 | ||
Volume (30-day avg) 11 | Beta 1.1 | 52 Weeks Range 16.45 - 32.78 | Updated Date 10/20/2025 |
52 Weeks Range 16.45 - 32.78 | Updated Date 10/20/2025 | ||
Dividends yield (FY) 7.29% | Basic EPS (TTM) 1.9 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.39% | Operating Margin (TTM) 16.72% |
Management Effectiveness
Return on Assets (TTM) 6.73% | Return on Equity (TTM) 7.18% |
Valuation
Trailing PE 14.46 | Forward PE 25.45 | Enterprise Value 6206055028 | Price to Sales(TTM) 1.33 |
Enterprise Value 6206055028 | Price to Sales(TTM) 1.33 | ||
Enterprise Value to Revenue 1.8 | Enterprise Value to EBITDA 5.49 | Shares Outstanding 158824801 | Shares Floating 155904013 |
Shares Outstanding 158824801 | Shares Floating 155904013 | ||
Percent Insiders 21 | Percent Institutions 77.84 |
Upturn AI SWOT
Noble Corporation plc
Company Overview
History and Background
Noble Corporation was founded in 1921. Initially focused on oil production, it transitioned to offshore drilling, experiencing periods of growth and restructuring, including a recent bankruptcy and subsequent emergence focusing on modern drillship and semisubmersible fleets.
Core Business Areas
- Offshore Drilling Services: Provides contract drilling services to the oil and gas industry, operating a fleet of drillships and semisubmersibles globally.
Leadership and Structure
Robert Eifler is the President and CEO. The company has a board of directors overseeing strategic direction and corporate governance. Operates with a functional organizational structure, organized around drilling operations, engineering, and support services.
Top Products and Market Share
Key Offerings
- Drillship Services: Deepwater drilling services using advanced drillships. Competitors include Transocean (RIG), Valaris (VAL), and Seadrill (SDRL). Market share data is dynamically changing, based on contracted dayrates and fleet size utilization.
- Semisubmersible Services: Harsh environment and ultra-deepwater drilling using semisubmersible rigs. Competitors include Transocean (RIG), Valaris (VAL), and Seadrill (SDRL). Market share data is dynamically changing, based on contracted dayrates and fleet size utilization.
Market Dynamics
Industry Overview
The offshore drilling industry is cyclical, influenced by oil prices, exploration and production spending, and technological advancements. Recent trends include increased demand for deepwater and ultra-deepwater drilling and a focus on energy transition.
Positioning
Noble is positioned as a provider of high-specification drillships and semisubmersibles, focusing on deepwater and ultra-deepwater markets. Its competitive advantages include a modern fleet and experienced personnel.
Total Addressable Market (TAM)
The global offshore drilling market size is estimated in the tens of billions of dollars annually, fluctuating with oil price cycles. Noble captures a portion of this TAM through its contracts and fleet utilization.
Upturn SWOT Analysis
Strengths
- Modern fleet of drillships and semisubmersibles
- Strong track record in deepwater drilling
- Experienced management team
- Global operational footprint
Weaknesses
- High capital expenditure requirements
- Dependence on volatile oil prices
- Exposure to environmental regulations
- Historically high debt levels, though restructured post-bankruptcy
Opportunities
- Increasing demand for deepwater exploration
- Technological advancements in drilling equipment
- Expansion into new geographic markets
- Opportunities arising from the energy transition (e.g., offshore wind)
Threats
- Fluctuations in oil prices
- Stringent environmental regulations
- Competition from other offshore drilling contractors
- Geopolitical risks in operating regions
Competitors and Market Share
Key Competitors
- RIG
- VAL
- SDRL
Competitive Landscape
Noble competes with other major offshore drilling contractors based on fleet capabilities, day rates, and geographic presence. Advantages include a modern fleet, while disadvantages can include debt levels and cyclical industry dynamics.
Major Acquisitions
Pacific Drilling
- Year: 2021
- Acquisition Price (USD millions): 0
- Strategic Rationale: Expanded Noble's fleet of high-specification drillships and enhanced its position in the ultra-deepwater drilling market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been volatile due to the cyclical nature of the offshore drilling industry. Recent growth is influenced by the post-bankruptcy restructuring and improved market conditions.
Future Projections: Future growth projections depend on oil prices, demand for offshore drilling, and the company's ability to secure contracts and maintain high utilization rates.
Recent Initiatives: Focusing on fleet optimization, cost reduction, and securing long-term contracts. Investments are being made in upgrading and maintaining the existing fleet.
Summary
Noble Corporation is a significant player in the offshore drilling industry, operating a modern fleet of drillships and semisubmersibles. The company has recovered from a recent bankruptcy and is now focusing on expanding its market share and long-term profitability. It is dependent on oil prices and faces intense competition. Noble must continue to focus on fleet optimization and secure long-term contracts to ensure future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data are approximate and can vary. Real-time data must be acquired from financial institutions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Noble Corporation plc
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Robert W. Eifler | ||
Sector Energy | Industry Oil & Gas Drilling | Full time employees 5000 | Website https://www.noblecorp.com |
Full time employees 5000 | Website https://www.noblecorp.com |
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services through its fleet of mobile offshore drilling units. It operates drilling rigs, such as floaters and jackups. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.

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