NE
SinkerNoble Corporation plc · Energy · United States · $7.6B cap · $54.1M/day traded
$40.87 +2.5% · close 6 Nov · scored 7 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
After its 27 Oct results, analysts cut next year's EPS estimate 3.8%.
As of 7 Nov 2026, the MoatMap Score for Noble Corporation plc (NE) is 23/100, ranked against 25,000+ stocks in 38 markets (Quality 42, Value 25, Momentum 42, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT NOBLE CORPORATION PLC
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Noble Corporation plc operates a fleet of high-specification offshore drilling rigs, providing contract drilling services to the oil and gas industry globally. As a leading pure-play offshore drilling contractor, it specializes in ultra-deepwater and harsh-environment operations. Noble focuses on modern, technologically advanced rigs, positioning itself for high-specification drilling projects in challenging offshore environments.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 2.6B | 3.1B | 3.3B | 32.5% | 2.8B | 2.9B | 3.1B | -2.1% |
| EPS | 1.99 | 3.48 | 3.01 | 1.36 | -11.9% | 0.33 | 1.02 | — | -25.0% |
| Shares | 134.7M | 140.8M | 158.9M | 158.9M | +17.9% | 159.7M | — | — | — |
| Debt | 672.8M | 586.2M | 2.0B | 2.0B | 43.2% | 1.9B | — | — | — |
| Equity | 3.6B | 3.9B | 4.7B | 4.5B | 8.0% | — | — | — | — |
| Op CF | 281.0M | 574.3M | 655.5M | 951.7M | 50.2% | 749.0M | — | — | — |
| Inv CF | 375.8M | -366.5M | -959.0M | -350.1M | — | — | — | — | — |
| Fin CF | -367.8M | -325.8M | 188.1M | -373.9M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 52% of stocks we rank over the past year (volatility 43% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of NE are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| NE | Noble Corporation plc(you) | $7.6B | 23 |
| VAL | Valaris Limited | $6.8B | 23 |
| SDRL | Seadrill Limited | $3.3B | 34 |
| HP | Helmerich & Payne, Inc. | $3.9B | 46 |
| PTEN | Patterson-UTI Energy, Inc. | $4.6B | 49 |
| SOC | Sable Offshore Corp. | $625M | 2 |
| SEI | Solaris Energy Infrastructure, Inc. | $5.9B | 25 |
| IEP | Icahn Enterprises L.P. | $4.1B | 22 |
| KGS | Kodiak Gas Services, Inc. | $4.5B | 20 |
| CRK | Comstock Resources, Inc. | $4.1B | 24 |
Peer medians: ROE 10.2% · P/E 13.9x · Gross margin 45.5%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.