Symbols / NE Stock $49.54 +1.23% Noble Corporation plc

Energy • Oil & Gas Drilling • United States • NYQ
NE (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Energy
Industry Oil & Gas Drilling
CEO Mr. Robert W. Eifler
Exch · Country NYQ · United States
Market Cap 7.90B
Enterprise Value 9.55B
Income 216.72M
Sales 3.11B
FCF (ttm) 376.55M
Book/sh 28.64
Cash/sh 2.96
Employees 4,500
Insider 10d —
IPO Jun 09, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 148.15%
P/E 36.16
Forward P/E 21.21
PEG —
P/S 2.54
P/B 1.73
P/C —
EV/EBITDA 9.04
EV/Sales 3.07
Quick Ratio 1.54
Current Ratio 1.68
Debt/Eq 46.94
LT Debt/Eq —
EPS (ttm) 1.37
EPS next Y 2.34
EPS Growth -9.50%
Revenue Growth -20.00%
EPS Gr Q/Q -10.40%
Rev Gr Q/Q —
Earnings (next) 2026-04-26
Earnings (prior) 2026-02-11
ROA 3.87%
ROE 4.71%
ROIC —
Gross Margin 37.21%
Oper. Margin 9.92%
Profit Margin 6.97%
Shs Outstand 159.47M
Shs Float 125.34M
Insider Own 21.52%
Instit Own 86.08%
Short Float 10.50%
Short Ratio 6.41
Short Interest 20.00
52W High 51.61
vs 52W High -4.01%
52W Low 20.80
vs 52W Low 138.17%
Beta 1.01
Impl. Vol. 52.91%
Rel Volume 0.39
Avg Volume 2.03M
Volume 784.93K
Target (mean) $44.30
Tgt Median $43.00
Tgt Low $32.00
Tgt High $55.00
# Analysts 10
Recom Hold
Prev Close $48.94
Price $49.54
Change 1.23%
About

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services through its fleet of mobile offshore drilling units. The company also operates drilling rigs, such as floaters and jackups. It serves its fleets in Africa, the Far East Asia, the North Sea, the Oceania, South America, and the United States Gulf of America. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$44.30
Mean price target
2. Current target
$49.54
Latest analyst target
3. DCF / Fair value
$42.50
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$49.54
Low
$32.00
High
$55.00
Mean
$44.30

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-15 main Citigroup Neutral → Neutral $50
2026-04-07 main Susquehanna Neutral → Neutral $50
2026-02-18 down Barclays Overweight → Equal-Weight $41
2026-02-17 main JP Morgan Neutral → Neutral $41
2026-02-13 main Evercore ISI Group In-Line → In-Line $45
2026-02-13 main Susquehanna Neutral → Neutral $45
2026-02-02 main BTIG Buy → Buy $42
2026-01-28 main Barclays Overweight → Overweight $36
2025-12-11 main Citigroup Neutral → Neutral $32
2025-12-10 down JP Morgan Overweight → Neutral $33
2025-11-14 main Citigroup Neutral → Neutral $34
2025-11-05 main Barclays Overweight → Overweight $33
2025-08-13 main Barclays Overweight → Overweight $32
2025-08-08 main Evercore ISI Group In-Line → In-Line $36
2025-08-07 main Susquehanna Neutral → Neutral $32
2025-07-10 down Citigroup Buy → Neutral $32
2025-07-10 main Barclays Overweight → Overweight $30
2025-07-01 main Susquehanna Neutral → Neutral $30
2025-06-18 main Citigroup Buy → Buy $35
2025-05-28 up JP Morgan Neutral → Overweight $30
News
RSS: Latest NE news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-18 EIFLER ROBERT W Chief Executive Officer — 100,000 $46.43 $4,661,764
2026-03-18 BARKER RICHARD B Chief Financial Officer — 150,000 $46.43 $6,994,494
2026-03-02 DENTON BLAKE Officer — 19,334 $44.82 $873,301
2026-02-19 SLEDGE CHARLES M Director — 2,083 $44.63 $92,971
2026-02-19 BARKER RICHARD B Chief Financial Officer — 20,000 $42.96 $859,200
2026-02-17 DENTON BLAKE Officer — 23,255 $43.50 $1,011,592
2026-02-17 ISPEN MIKKEL Officer — 3,453 $43.56 $150,413
2026-02-13 KAWAJA JOEY M Officer — 19,725 $43.51 $858,235
2026-02-13 ALTING CAROLINE Officer — 4,195 $43.60 $182,902
2026-02-13 HOWARD JENNIE General Counsel — 6,094 $42.00 $255,948
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
3,285.57
+7.45%
3,057.82
+18.11%
2,589.02
+83.12%
1,413.85
Operating Revenue
3,107.21
+6.46%
2,918.77
+18.57%
2,461.72
+84.70%
1,332.84
Cost Of Revenue
2,637.41
+18.73%
2,221.27
+20.38%
1,845.27
+66.48%
1,108.40
Reconciled Cost Of Revenue
2,637.41
+18.73%
2,221.27
+20.38%
1,845.27
+66.48%
1,108.40
Gross Profit
648.16
-22.52%
836.55
+12.48%
743.75
+143.50%
305.44
Operating Expense
133.15
-5.23%
140.50
+9.41%
128.41
+56.26%
82.18
Selling General And Administration
133.15
-5.23%
140.50
+9.41%
128.41
+56.26%
82.18
General And Administrative Expense
133.15
-5.23%
140.50
+9.41%
128.41
+56.26%
82.18
Other Gand A
133.15
-5.23%
140.50
+9.41%
128.41
+56.26%
82.18
Total Expenses
2,770.56
+17.31%
2,361.77
+19.66%
1,973.68
+65.77%
1,190.58
Operating Income
515.01
-26.01%
696.05
+13.12%
615.34
+175.60%
223.27
Total Operating Income As Reported
415.55
-31.20%
603.98
+5.09%
574.71
+151.22%
228.77
EBITDA
1,012.61
+4.12%
972.58
+26.98%
765.95
+103.85%
375.75
Normalized EBITDA
1,112.07
+4.45%
1,064.64
+28.58%
827.98
+118.37%
379.16
Reconciled Depreciation
577.10
+56.57%
368.59
+89.44%
194.57
+37.48%
141.53
EBIT
435.50
-27.89%
603.98
+5.71%
571.38
+143.95%
234.22
Total Unusual Items
-99.46
-8.03%
-92.07
-48.44%
-62.02
-1718.89%
-3.41
Total Unusual Items Excluding Goodwill
-99.46
-8.03%
-92.07
-48.44%
-62.02
-1718.89%
-3.41
Special Income Charges
-99.46
-8.03%
-92.07
-48.44%
-62.02
-1718.89%
-3.41
Other Special Charges
—
—
6.69
-25.39%
8.97
Impairment Of Capital Assets
82.66
0.00
0.00
—
Restructuring And Mergern Acquisition
26.38
-75.89%
109.42
+97.77%
55.33
-34.65%
84.67
Write Off
—
—
—
0.00
Net Income
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Pretax Income
273.10
-44.53%
492.33
-3.89%
512.24
+167.49%
191.50
Net Non Operating Interest Income Expense
-142.45
-27.59%
-111.65
-171.85%
-41.07
-44.83%
-28.36
Interest Expense Non Operating
162.40
+45.46%
111.65
+88.79%
59.14
+38.43%
42.72
Net Interest Income
-142.45
-27.59%
-111.65
-171.85%
-41.07
-44.83%
-28.36
Interest Expense
162.40
+45.46%
111.65
+88.79%
59.14
+38.43%
42.72
Interest Income Non Operating
19.95
—
18.07
+25.78%
14.37
Interest Income
19.95
—
18.07
+25.78%
14.37
Other Income Expense
-99.46
-8.03%
-92.07
-48.44%
-62.02
-1718.89%
-3.41
Tax Provision
56.38
+28.20%
43.98
+44.96%
30.34
+34.53%
22.55
Tax Rate For Calcs
0.00
+131.46%
0.00
+50.85%
0.00
-50.00%
0.00
Tax Effect Of Unusual Items
-20.49
-150.05%
-8.19
-123.91%
-3.66
-809.44%
-0.40
Net Income Including Noncontrolling Interests
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Net Income From Continuing Operation Net Minority Interest
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Net Income From Continuing And Discontinued Operation
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Net Income Continuous Operations
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Normalized Income
295.69
-44.44%
532.23
-1.49%
540.27
+214.19%
171.96
Net Income Common Stockholders
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Diluted EPS
1.35
-54.39%
2.96
-10.84%
3.32
+91.91%
1.73
Basic EPS
1.36
-54.82%
3.01
-13.51%
3.48
+74.87%
1.99
Basic Average Shares
158.87
+6.82%
148.73
+7.48%
138.38
+62.69%
85.06
Diluted Average Shares
160.20
+5.65%
151.64
+4.44%
145.20
+48.76%
97.61
Diluted NI Availto Com Stockholders
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Gain On Sale Of PPE
9.59
-44.77%
17.36
0.00
-100.00%
90.23
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
7,529.77
-5.46%
7,964.77
+44.62%
5,507.44
+5.21%
5,234.86
Current Assets
1,272.28
-8.39%
1,388.86
+30.81%
1,061.75
+0.95%
1,051.79
Cash Cash Equivalents And Short Term Investments
471.40
+90.62%
247.30
-31.46%
360.79
-24.24%
476.21
Cash And Cash Equivalents
471.40
+90.62%
247.30
-31.46%
360.79
-24.24%
476.21
Receivables
668.42
-21.67%
853.35
+44.96%
588.69
+17.06%
502.89
Accounts Receivable
589.60
-26.02%
796.96
+45.21%
548.84
+17.07%
468.80
Taxes Receivable
78.83
+39.79%
56.39
+41.52%
39.84
+16.89%
34.09
Other Current Assets
132.46
-54.04%
288.21
+156.72%
112.27
+54.43%
72.69
Total Non Current Assets
6,257.48
-4.84%
6,575.90
+47.92%
4,445.69
+6.28%
4,183.07
Net PPE
5,402.82
-10.49%
6,035.82
+46.35%
4,124.34
+3.59%
3,981.30
Gross PPE
6,639.05
-3.85%
6,904.73
+50.37%
4,591.94
+10.30%
4,163.20
Accumulated Depreciation
-1,236.22
-42.27%
-868.91
-85.82%
-467.60
-157.06%
-181.90
Machinery Furniture Equipment
—
—
4,338.23
+8.52%
3,997.50
Construction In Progress
215.64
+9.02%
197.79
-6.15%
210.76
+70.09%
123.91
Other Properties
91.31
+60.45%
56.91
+32.50%
42.95
-98.94%
4,039.29
Goodwill And Other Intangible Assets
—
0.21
-97.89%
10.13
-83.23%
60.39
Goodwill
—
—
0.00
-100.00%
26.02
Other Intangible Assets
—
0.21
-97.89%
10.13
-70.53%
34.37
Other Non Current Assets
854.66
+58.25%
540.09
+73.54%
311.23
+120.13%
141.38
Total Liabilities Net Minority Interest
2,980.92
-10.03%
3,313.38
+108.89%
1,586.20
-2.55%
1,627.78
Current Liabilities
759.73
-19.21%
940.36
+46.55%
641.68
-3.81%
667.10
Payables And Accrued Expenses
499.59
-20.63%
629.47
+12.49%
559.61
+29.13%
433.37
Payables
382.01
-19.83%
476.52
+5.52%
451.58
+29.89%
347.68
Accounts Payable
298.75
-24.87%
397.62
+0.62%
395.17
+35.94%
290.69
Current Accrued Expenses
117.58
-23.13%
152.95
+41.60%
108.02
+26.05%
85.69
Total Tax Payable
83.26
+5.52%
78.90
+39.84%
56.42
-0.99%
56.99
Current Debt And Capital Lease Obligation
—
—
—
159.72
Current Debt
—
—
—
159.72
Other Current Liabilities
260.14
-16.32%
310.89
+278.79%
82.08
+10.89%
74.01
Total Non Current Liabilities Net Minority Interest
2,221.19
-6.40%
2,373.02
+151.24%
944.52
-1.68%
960.68
Long Term Debt And Capital Lease Obligation
1,975.79
-0.22%
1,980.19
+237.80%
586.20
+14.26%
513.05
Long Term Debt
1,975.79
-0.22%
1,980.19
+237.80%
586.20
+14.26%
513.05
Non Current Deferred Liabilities
5.40
-69.62%
17.78
-71.45%
62.28
-67.43%
191.22
Non Current Deferred Revenue
0.00
-100.00%
8.58
-83.13%
50.86
-72.04%
181.88
Non Current Deferred Taxes Liabilities
5.40
-41.30%
9.20
-19.39%
11.42
+22.29%
9.34
Other Non Current Liabilities
240.00
-36.01%
375.05
+26.69%
296.04
+15.45%
256.41
Stockholders Equity
4,548.85
-2.20%
4,651.39
+18.62%
3,921.24
+8.71%
3,607.09
Common Stock Equity
4,548.85
-2.20%
4,651.39
+18.62%
3,921.24
+8.71%
3,607.09
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
158.85
-0.06%
158.95
+12.91%
140.77
+4.52%
134.68
Ordinary Shares Number
158.85
-0.06%
158.95
+12.91%
140.77
+4.52%
134.68
Additional Paid In Capital
4,257.06
+0.49%
4,236.17
+25.44%
3,377.05
+0.88%
3,347.51
Retained Earnings
286.63
-30.30%
411.24
-24.01%
541.16
+111.45%
255.93
Gains Losses Not Affecting Retained Earnings
5.16
+30.01%
3.97
+30.90%
3.03
-16.86%
3.65
Other Equity Adjustments
5.16
+30.01%
3.97
+30.90%
3.03
-16.86%
3.65
Total Equity Gross Minority Interest
4,548.85
-2.20%
4,651.39
+18.62%
3,921.24
+8.71%
3,607.09
Total Capitalization
6,524.64
-1.61%
6,631.57
+47.12%
4,507.44
+9.40%
4,120.14
Working Capital
512.55
+14.28%
448.50
+6.77%
420.07
+9.20%
384.69
Invested Capital
6,524.64
-1.61%
6,631.57
+47.12%
4,507.44
+5.32%
4,279.85
Total Debt
1,975.79
-0.22%
1,980.19
+237.80%
586.20
-12.87%
672.77
Net Debt
1,504.39
-13.19%
1,732.88
+668.77%
225.41
+14.67%
196.56
Net Tangible Assets
4,548.85
-2.20%
4,651.39
+18.93%
3,911.11
+10.27%
3,546.70
Tangible Book Value
4,548.85
-2.20%
4,651.39
+18.93%
3,911.11
+10.27%
3,546.70
Interest Payable
35.83
-0.69%
36.08
+236.93%
10.71
+12.60%
9.51
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
951.68
+45.19%
655.48
+14.13%
574.34
+104.40%
280.99
Cash Flow From Continuing Operating Activities
951.68
+45.19%
655.48
+14.13%
574.34
+104.40%
280.99
Net Income From Continuing Operations
216.72
-51.66%
448.35
-6.96%
481.90
+185.24%
168.95
Depreciation Amortization Depletion
577.10
+56.57%
368.59
+89.44%
194.57
+37.48%
141.53
Depreciation
585.47
+36.59%
428.63
+42.24%
301.35
+105.17%
146.88
Amortization Cash Flow
-8.37
+86.07%
-60.03
+43.78%
-106.78
-1895.07%
-5.35
Depreciation And Amortization
577.10
+56.57%
368.59
+89.44%
194.57
+37.48%
141.53
Amortization Of Intangibles
-8.37
+86.07%
-60.03
+43.78%
-106.78
-1895.07%
-5.35
Other Non Cash Items
-1.90
+86.42%
-13.96
-7.08%
-13.04
-3937.46%
-0.32
Stock Based Compensation
30.51
-30.33%
43.80
+16.23%
37.68
+6.89%
35.25
Asset Impairment Charge
82.66
0.00
0.00
0.00
Deferred Tax
44.40
+204.11%
-42.65
+56.52%
-98.09
-282.76%
-25.63
Deferred Income Tax
44.40
+204.11%
-42.65
+56.52%
-98.09
-282.76%
-25.63
Operating Gains Losses
-9.59
+44.77%
-17.36
-165.75%
26.40
+132.46%
-81.32
Gain Loss On Sale Of PPE
—
—
0.00
+100.00%
-90.23
Change In Working Capital
11.76
+108.96%
-131.30
-138.40%
-55.08
-229.51%
42.53
Change In Receivables
184.66
+363.11%
-70.19
+19.71%
-87.42
-1777.53%
5.21
Changes In Account Receivables
207.36
+477.55%
-54.92
+31.38%
-80.04
-341.42%
-18.13
Change In Payables And Accrued Expense
-80.49
-148.15%
-32.44
-154.28%
59.76
+192.50%
20.43
Change In Payable
-80.49
-148.15%
-32.44
-154.28%
59.76
+192.50%
20.43
Change In Account Payable
-80.49
-148.15%
-32.44
-154.28%
59.76
+192.50%
20.43
Change In Other Working Capital
—
—
-47.70
-348.66%
19.18
Change In Other Current Assets
208.10
+406.48%
-67.90
+2.60%
-69.71
-282.81%
38.13
Change In Other Current Liabilities
-300.50
-866.20%
39.22
-7.26%
42.29
+299.06%
-21.25
Investing Cash Flow
-350.07
+63.50%
-959.02
-161.66%
-366.51
-197.53%
375.77
Cash Flow From Continuing Investing Activities
-350.07
+63.50%
-959.02
-161.66%
-366.51
-197.53%
375.77
Capital Expenditure
-519.52
+9.70%
-575.32
-40.46%
-409.58
-134.96%
-174.32
Capital Expenditure Reported
-519.52
+9.70%
-575.32
-40.46%
-409.58
-134.96%
-174.32
Net Business Purchase And Sale
0.00
+100.00%
-417.04
0.00
-100.00%
166.61
Purchase Of Business
0.00
+100.00%
-417.04
0.00
—
Net Other Investing Changes
169.46
+408.31%
33.34
-22.60%
43.07
-88.77%
383.48
Financing Cash Flow
-373.93
-298.82%
188.08
+157.73%
-325.79
+11.41%
-367.77
Cash Flow From Continuing Financing Activities
-373.93
-298.82%
188.08
+157.73%
-325.79
+11.41%
-367.77
Net Issuance Payments Of Debt
-23.94
-102.93%
817.94
+1214.19%
-73.41
+73.53%
-277.32
Issuance Of Debt
0.00
-100.00%
859.00
+43.17%
600.00
+5.26%
570.00
Repayment Of Debt
-23.94
+41.71%
-41.06
+93.90%
-673.41
+20.52%
-847.32
Long Term Debt Issuance
0.00
-100.00%
824.00
+37.33%
600.00
+5.26%
570.00
Long Term Debt Payments
-23.94
+41.71%
-41.06
+93.90%
-673.41
+20.52%
-847.32
Net Long Term Debt Issuance
-23.94
-103.06%
782.94
+1166.51%
-73.41
+73.53%
-277.32
Short Term Debt Issuance
0.00
-100.00%
35.00
0.00
—
Net Short Term Debt Issuance
0.00
-100.00%
35.00
0.00
—
Net Common Stock Issuance
-20.00
+93.33%
-299.99
-216.36%
-94.83
-11.66%
-84.92
Common Stock Payments
-20.00
+93.33%
-299.99
-216.36%
-94.83
-11.66%
-84.92
Common Stock Dividend Paid
—
—
-98.80
0.00
Cash Dividends Paid
-320.37
-15.31%
-277.83
-181.19%
-98.80
0.00
Repurchase Of Capital Stock
-20.00
+93.33%
-299.99
-216.36%
-94.83
-11.66%
-84.92
Proceeds From Stock Option Exercised
0.04
-96.95%
1.44
+197.53%
0.48
-51.69%
1.00
Net Other Financing Charges
-9.67
+81.92%
-53.48
+9.71%
-59.23
-807.26%
-6.53
Changes In Cash
227.68
+297.18%
-115.47
+2.12%
-117.96
-140.82%
288.99
Beginning Cash Position
252.28
-31.40%
367.75
-24.29%
485.71
+146.90%
196.72
End Cash Position
479.96
+90.25%
252.28
-31.40%
367.75
-24.29%
485.71
Free Cash Flow
432.15
+439.12%
80.16
-51.35%
164.76
+54.46%
106.67
Sale Of Business
—
—
0.00
-100.00%
166.61
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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