Noble Corporation plc (NE) has a MoatMap StockRank of 84/100 based on Quality (58/100), Value (44/100), and Momentum (65/100) factor scores. The current signal is STRONG BUY. Noble Corporation operates one of the youngest, highest-specification fleets of offshore ultra-deepwater drillships. With geopolitical instability in the Middle East establishing a structural floor under oil prices, and the depletion of easy onshore reserves, offshore exploration is experiencing a multi-year renaissance. Dayrates for tier-1 drillships are highly asymmetric, driving massive free cash flow generation that management is actively returning to shareholders.
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.
| Price | $46.65 |
| Market Cap | $7.5B |
| P/E (TTM) | 32.64 |
| P/E (Forward) | 18.17 |
| Price/Book | 1.62 |
| Return on Equity | 5.0% |
| Return on Invested Capital | 6.4% |
| Debt/Equity | 41.79 |
| Gross Margin | 35.7% |
| Operating Margin | 18.6% |
| Revenue Growth | -10.8% |
| Dividend Yield | 4.3% |
| Free Cash Flow | $427M |
Noble Corporation plc operates in the Oil & Gas Drilling industry, part of the Energy sector (United States).