Streetbeat News

Noble Corporation

https://www.noblecorp.com

Industry

Oil & Gas Drilling

Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included 12 floaters and 8 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas.

Open

35.12

Mkt cap

5.4B

Volume

1.3M

High

35.38

P/E Ratio

9.88

52-wk high

52.16

Low

33.80

Div yield

1.24

52-wk low

31.00

Silexion Therapeutics Corp. (NASDAQ: SLXN), a clinical-stage biotech company, will present at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference in December 2024. The company focuses on developing RNA interference therapies for KRAS-driven cancers.

Portfolio Pulse from

November 20, 2024 | 1:45 pm

Noble Roman's, Inc. reported its Q3 2024 financial results, showing a net income of $193,000 and operating income of $417,000. Franchising revenue increased to $1.4 million, and same-store sales for company-owned restaurants rose by nearly 1%. The company is working on new financing to repay its notes.

Portfolio Pulse from

November 13, 2024 | 9:15 pm

Noble Roman's, Inc. will release its 3rd quarter 2024 financial data on November 13th and host a conference call on November 14th.

Portfolio Pulse from

November 13, 2024 | 2:15 pm

Noble Capital Markets has initiated equity research coverage on Zomedica Corp., a veterinary health company. The report is available on Channelchek.

Portfolio Pulse from

November 12, 2024 | 11:45 am

Noble Corporation faces challenges with fluctuating revenues, high operating costs for idle rigs, and lack of long-term contracts, despite its strong client base and geographic diversification. The company's future earnings are uncertain due to unpredictable oil prices and delayed contract executions.

Portfolio Pulse from

November 08, 2024 | 8:30 am

Noble Corporation plc held its Q3 2024 earnings call, discussing financial performance and operations. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 06, 2024 | 4:30 pm

Noble Corporation PLC (NE) reported Q3 earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.92. This is a decrease from $0.87 per share a year ago.

Portfolio Pulse from

November 06, 2024 | 12:45 am

Crude oil prices dropped over 6% following Israeli airstrikes in Iran, impacting U.S. energy stocks and sector ETFs. The United States Oil Fund (USO) saw a significant decline, and major energy ETFs like XLE, XOP, and OIH also experienced losses. Analysts predict oil prices will remain under pressure due to geopolitical tensions, China's declining demand, and potential OPEC+ production increases.

Portfolio Pulse from Piero Cingari

October 28, 2024 | 1:27 pm

Noble Corp (NYSE:NE) has been analyzed by 6 analysts, showing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 10.65% to $50.33. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Noble Corp's financial performance shows strong profitability and effective cost control, with a net margin of 28.15% and a debt-to-equity ratio of 0.16.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:00 pm

Barclays analyst Eddie Kim maintains an Overweight rating on Noble Corp (NYSE:NE) but lowers the price target from $54 to $48.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 12:44 pm

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