Noble plc(NE)

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Noble Corporation PLC (NE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-02-10 16:01
Company Overview - Noble Corporation PLC is expected to report earnings for the quarter ended December 2024 on February 17, 2025, with a consensus EPS estimate of $0.59, reflecting a year-over-year increase of +51.3% [3] - Revenues are anticipated to reach $859.74 million, which is a 33.7% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] - The Most Accurate Estimate for Noble Corporation is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +5.09%, suggesting a bullish outlook from analysts [10] Historical Performance - In the last reported quarter, Noble Corporation was expected to post earnings of $0.92 per share but only achieved $0.58, resulting in a surprise of -36.96% [12] - Over the past four quarters, the company has only beaten consensus EPS estimates once [13] Industry Context - In the Zacks Oil and Gas - Drilling industry, Nabors Industries is expected to report a loss of $1.86 per share for the same quarter, with a year-over-year change of +51.6% and revenues projected at $730.4 million, down 1% from the previous year [17] - Nabors Industries has a higher Most Accurate Estimate leading to an Earnings ESP of 53.97%, but its Zacks Rank of 4 (Sell) complicates predictions for beating the consensus EPS estimate [18]
Is Noble Corporation PLC (NE) a Great Value Stock Right Now?
ZACKS· 2025-02-04 15:40
Core Viewpoint - The focus is on identifying undervalued stocks through the Zacks Rank system and Style Scores, with a particular emphasis on value investing strategies [1][2][3] Company Analysis: Noble Corporation PLC (NE) - Noble Corporation PLC (NE) currently holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong potential for investment [4] - The stock has a P/E ratio of 10.35, which is lower than the industry average P/E of 11.62, suggesting it may be undervalued [4] - Over the past year, NE's Forward P/E has fluctuated between 6.20 and 14.60, with a median of 9.95, indicating variability in market perception [4] - NE has a P/CF ratio of 6.02, which is attractive compared to the industry's average P/CF of 7.75, further supporting the notion of undervaluation [5] - The P/CF ratio for NE has ranged from 5.42 to 10.46 over the past 12 months, with a median of 7.09, highlighting its cash flow strength [5] - Overall, the combination of NE's valuation metrics and strong earnings outlook positions it as an impressive value stock at present [6]
Best Value Stocks to Buy for February 4th
ZACKS· 2025-02-04 15:36
Group 1: Noble Corporation PLC - Noble Corporation PLC is an offshore drilling contractor for the oil and gas industry, holding a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Noble's next year earnings has increased by 4.3% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 10.53, significantly lower than the industry average of 23, and possesses a Value Score of A [2] Group 2: Science Applications International Corporation (SAIC) - Science Applications International is a leading information technology and professional services provider primarily to the U.S. government, also holding a Zacks Rank 1 [1] - The Zacks Consensus Estimate for SAIC's current year earnings has increased by 3% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 11.91 compared to the industry average of 19.90, and it also possesses a Value Score of A [3] Group 3: SkyWest, Inc. - SkyWest operates as a regional airline in the United States through its subsidiary SkyWest Airlines, carrying a Zacks Rank 1 [1] - The Zacks Consensus Estimate for SkyWest's current year earnings has increased by 7.9% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 13.12, which is lower than the industry average of 15.10, and it possesses a Value Score of A [4]
Noble Corporation plc to announce fourth quarter and full year 2024 results
Prnewswire· 2025-01-29 21:05
HOUSTON, Jan. 29, 2025 /PRNewswire/ -- Noble Corporation plc ("Noble" or the "Company") (NYSE: NE) today announces plans to report financial results for the fourth quarter and full year 2024 on Monday February 17, 2025 after the U.S. market close. The Company's earnings press release and accompanying earnings presentation will be available on the Noble website at www.noblecorp.com. Noble will host a conference call related to its fourth quarter and full year 2024 results on Tuesday, February 18, 2025 at 9:0 ...
Noble Corporation: Strong Free Cash Flow Generation, With The Majority Returned To Shareholders
Seeking Alpha· 2025-01-12 12:05
Personal Journey and Transformation - The individual transitioned from a research analyst role in Toronto to living in a yurt in the boreal forest, 100km from the nearest paved road or grocery store, seeking a closer connection to nature [1] - The decision to move was driven by a desire to live self-sufficiently, replacing relationships with grocery stores and utility providers with natural ecosystems and a spiritual connection [1] - The individual views their life as a call option, embracing elevated volatility to maximize its value, a mindset that was reinforced during the pandemic [1] - The journey is described as spiritual, with a focus on personal growth, learning from mistakes, and self-evaluation based on their former self rather than external benchmarks [1] Investment Philosophy and Reflection - The individual's relationship with financial markets has changed dramatically, but their love for the markets remains intact [1] - Timing is emphasized as crucial for maximizing the impact of actions, with poor timing potentially leading to destructive outcomes [1] - Writing is highlighted as an essential part of the investment research process, and the individual now aims to share their insights with the world [1] - The individual cautions against taking their writings too seriously, as they are personal reflections rather than recommendations [1]
Noble Clinches New Contract for Ocean Apex in Australia
ZACKS· 2025-01-03 19:40
Noble Corporation plc (NE) Contract Updates - Noble Corporation's semi-submersible drilling rig Ocean Apex has secured a new contract in Australia with an undisclosed client, extending its stay in the region [1] - The new drilling assignment is expected to last at least 37 days and will follow Ocean Apex's prior commitments in Australia between Q2 and Q3 2025 [2] - Ocean Apex is currently under contract with Santos until May 2025, after which it will begin a campaign with Chevron scheduled to end in July 2025 [2] Rig Specifications and Capabilities - Ocean Apex, built in 2014, has a maximum drilling depth of 30,000 feet and can operate in water depths of approximately 6,000 feet, accommodating up to 140 people [3] - Noble Developer, another semi-submersible rig, was built in 2008 and can operate in water depths of approximately 10,000 feet [3] Recent Contract Wins - Noble Corporation recently secured a drilling contract in Suriname with Petronas, involving the drilling of three wells offshore Suriname using the Noble Developer rig [3] Energy Sector Competitors - TechnipFMC plc (FTI) reported a total backlog of $14.7 million in Q3 2024, an 11.1% increase from the previous year, indicating strong revenue growth [5] - Sunoco LP (SUN) is one of the largest motor fuel distributors in the US, with a distribution yield higher than the industry's composite stocks [6] - Oceaneering International (OII) provides integrated technology solutions across all stages of the offshore oilfield lifecycle, supporting client retention and new business opportunities [7]
NE Lands New Drilling Contracts in Ghana & the U.S. Gulf of Mexico
ZACKS· 2024-12-26 19:10
Noble Corporation Contracts - Noble Venturer drillship secured a contract with Tullow Oil for its Ghanaian subsidiary, Tullow Ghana, to drill six firm wells offshore Ghana starting in 2025 [6][11] - Noble Globetrotter I drillship secured a contract in the U S Gulf of Mexico for one firm well with six optional wells, potentially totaling $70 million over 200 days starting January 2025 [2][11] - The Noble Venturer contract includes a suspension period at zero rate until year-end 2025 after drilling the first two wells within 120 days [6] - The Noble Globetrotter I contract will resume in January 2026 for 240 days to drill the remaining four wells, valued at $171 million, with three optional phases of 120 days each [4] Oceaneering International Overview - Oceaneering International is a leading offshore equipment and technology solutions provider, delivering integrated solutions across the offshore oilfield lifecycle [3] - The company's innovative and integrated solutions support client retention and new business opportunities, ensuring steady revenue growth [3] TechnipFMC plc Performance - TechnipFMC plc's total backlog reached $14 7 million in Q3 2024, an 11 1% increase year-over-year, indicating strong revenue growth potential [13] Nine Energy Service Market Position - Nine Energy Service provides onshore completion and production services across key U S and Canadian basins, positioning the company for long-term growth due to sustained oil and gas demand [8]
NN, Inc. Executive Management to Present at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference
GlobeNewswire News Room· 2024-12-02 21:30
CHARLOTTE, N.C., Dec. 02, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Chris Bohnert, Senior Vice President and Chief Financial Officer, will present at Noble Capital Markets’ NobleCon20 Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex on Tuesday, December 3rd at 1:30 p.m. ET. Management will also be meeting ...
FAT Brands Inc. to Participate in the Noble Capital Markets 20th Annual Emerging Growth Equity Conference
GlobeNewswire News Room· 2024-12-02 11:00
Company Overview - FAT Brands Inc. is a leading global franchising company that owns 18 restaurant brands and operates approximately 2,300 units worldwide [4][5] - The restaurant brands include Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, and others, covering various dining concepts from fast casual to polished casual dining [4] Event Announcement - Andy Wiederhorn, Chairman of FAT Brands, will present at NobleCon20 on December 3rd at 11:30 AM Eastern Standard Time [1] - A high-definition video webcast of the presentation will be available the following day on the Company's Investor Relations website and other platforms for 90 days [2] Additional Information - FAT Brands' website provides further information about the company and its offerings [3] - Noble Capital Markets, the organizer of the conference, is a full-service investment bank that has raised billions for companies and offers free institutional-quality research through its platform Channelchek [5]
Scripps to webcast Noble Financial session on Dec. 3
Prnewswire· 2024-11-27 15:17
Group 1 - The E.W. Scripps Company CFO Jason Combs will discuss business strategies in a webcast session on December 3 [1] - The session will be part of the Noble Emerging Growth Equity Conference (NobleCon20) and will take place at 11 a.m. Eastern time [1] - A replay of the session will be available on the company's investor information page by December 4 [2] Group 2 - The E.W. Scripps Company is a diversified media company and one of the largest local TV broadcasters in the U.S., operating over 60 stations in more than 40 markets [3] - The company reaches households across the U.S. with national news outlets and popular entertainment brands [3] - Founded in 1878, Scripps emphasizes quality, objective local journalism and holds the largest broadcast spectrum in the nation [3]