Noble Corporation plc (NE) — Stock Score Summary

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.

Key Financial Metrics

Price$46.65
Market Cap$7.5B
P/E (TTM)32.64
P/E (Forward)18.17
Price/Book1.62
Return on Equity5.0%
Return on Invested Capital6.4%
Debt/Equity41.79
Gross Margin35.7%
Operating Margin18.6%
Revenue Growth-10.8%
Dividend Yield4.3%
Free Cash Flow$427M

Noble Corporation plc operates in the Oil & Gas Drilling industry, part of the Energy sector (United States).

Frequently Asked Questions

What is Noble Corporation plc’s (NE) StockRank?
MoatMap’s StockRank for Noble Corporation plc (NE) is 84/100, with a Strong Buy signal. It is a composite of Quality (58), Value (44), and Momentum (65) factor ranks across MoatMap’s 19,000+ stock universe.
Does Noble Corporation plc have an economic moat?
Noble Corporation plc (NE) has a Quality factor score of 58/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Noble Corporation plc a buy, hold, or sell?
MoatMap’s current signal for Noble Corporation plc (NE) is Strong Buy, based on a StockRank of 84/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Noble Corporation plc in?
Noble Corporation plc (NE) operates in the Energy sector, specifically the Oil & Gas Drilling industry (United States).