Stocks · Energy · Oil & Gas Drilling

Noble Corporation Plc NE

$40.70 -2.44% Close, Oct 2, 2026 · NYSE · Market cap $6.50B

Next earnings report: Oct 26, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $0.93, down 52.1% year over year.
  2. The shares trade at 43.8× trailing earnings, higher than 84% of the company's own readings over the past five years.
  3. Operating margin narrowed to 15.2% from 20.7% a year earlier.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth19Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 13%
  • EPS growth (TTM, YoY)Bottom 24%
  • FCF growth (TTM, YoY)Bottom 31%
  • Revenue growth, 3-year CAGRTop 5%
  • Revenue growth accelerationBottom 12%
Quality61Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 41%
  • Gross marginBottom 43%
  • Operating marginTop 46%
  • Cash conversion (OCF / net income)Top 14%
  • Accruals (lower is better)Top 33%
  • Net debt / EBITDA (lower is better)Bottom 46%
  • Interest coverBottom 43%
Value34Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 39%
  • Free-cash-flow yieldBottom 44%
  • EBITDA / enterprise valueTop 44%
  • Sales / enterprise valueBottom 44%
  • P/E vs own 5-year history (lower is better)Bottom 22%
Momentum50Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 19%
  • 6-month returnBottom 26%
  • 1-year return vs S&P 500Top 27%
  • Distance from 52-week highBottom 41%
  • Trend checklist (0–4)Bottom 45%
Revisions14Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 23%
  • Consecutive EPS beatsBottom 20%
  • Share of analysts rating BuyBottom 17%
  • Upside to consensus price targetBottom 46%
Stability23Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 43%
  • Maximum drawdown, 3 yearsBottom 29%
  • Beta vs S&P 500 (lower is better)Bottom 21%
  • Net debt / EBITDA (lower is better)Bottom 46%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-3.0%-11.1%↓
EPS growth (YoY)-52.5%-52.1%↑
Gross margin24.9%26.7%↑
Operating margin20.7%15.2%↓
FCF margin11.9%9.3%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-11.1%-3.0%↓Bottom 13%
EPS growth (TTM, YoY)-52.1%-52.5%↑Bottom 24%
Gross margin26.7%24.9%↑Bottom 43%
Operating margin15.2%20.7%↓Top 46%
Net margin4.9%9.0%↓—
Free-cash-flow margin9.3%11.9%↓—
Return on invested capital5.3%—Bottom 41%
Revenue growth, 3-year CAGR32.5%—Top 5%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
3.00×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-10.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.1%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-16.0 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.57×
Interest cover (operating income / interest)How many times operating profit covers interest.
2.9×

Shareholder returns

Dividend yield (dividends paid, TTM)
4.97%
Net buyback yield (TTM)
-0.05%
Shareholder yield
4.92%
Share count change, 1 year
-0.3%
Share count change, 3-year CAGR
+3.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
1 of 8
Average EPS surprise, last 4
-33.9%
Average 2-day reaction, last 8
+2.2%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$50.67
Target vs current price
+24.5%
Analysts with a rating
51
Share rating Buy or Strong Buy
31%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 27, 2026-93.5%-0.3%-2.0%+7.0%—
Apr 26, 2026+23.8%+8.2%+2.0%+5.0%-12.5%
Feb 11, 2026-40.0%+5.1%+5.6%+8.1%+15.6%
Oct 27, 2025-26.1%-0.5%-4.0%-1.6%+11.0%
Aug 5, 2025-72.1%+3.9%+1.3%+11.0%+15.6%
Apr 28, 2025-42.1%+0.0%+7.7%+11.9%+36.0%
Feb 17, 2025-18.8%-0.1%-6.6%-17.0%-16.0%
Nov 5, 2024-27.9%+1.1%+14.3%+7.8%-0.1%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 27, 2026$0.01$0.15-93.5%$719.7M
Apr 26, 2026$0.26$0.21+23.8%$785.7M
Feb 11, 2026$0.09$0.15-40.0%$764.4M
Oct 27, 2025$0.19$0.26-26.1%$798.0M
Aug 5, 2025$0.13$0.47-72.1%$848.7M
Apr 28, 2025$0.26$0.45-42.1%$874.5M
Feb 17, 2025$0.56$0.69-18.8%$927.3M
Nov 5, 2024$0.58$0.80-27.9%$800.5M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)43.8×18.2×84thBottom 39%
P/E (forward)73.8×———
EV / EBITDA8.7×——Top 44%
EV / Sales2.58×——Bottom 44%
Free-cash-flow yield4.37%——Bottom 44%
Earnings yield2.29%——Bottom 39%

P/E over the past five years

Range 7.5× – 78.6× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+39.4%
Earnings per share growth (TTM)
-52.1%
Change in P/E multiple
+197.7%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+3.9%
200-day average slope (20 days)
+3.1%
Distance from 50-day average
-7.5%
Distance from 200-day average
-5.5%
RSI (14)
33.3
Relative volume
1.34×

Risk and drawdowns

Volatility, 60 days (annualized)
42.6%
Volatility vs own 5-year history
55th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.97
Correlation with S&P 500
0.33
Current drawdown from 1-year high
-25.1%
Maximum drawdown, 3 years
-64.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Sep 12, 2023Apr 4, 2025-66.0%392 days280 days (May 18, 2026)
Jun 8, 2022Jul 6, 2022-37.8%18 days86 days (Nov 4, 2022)
May 18, 2026Jul 1, 2026-31.8%30 daysNot yet recovered
Mar 6, 2023Mar 17, 2023-21.9%9 days76 days (Jul 7, 2023)
Nov 8, 2021Nov 26, 2021-21.5%13 days66 days (Mar 3, 2022)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$6.50B
P/E (TTM)
43.8
EPS, diluted (TTM)
$0.93
Revenue (TTM)
$3.07B
Dividend yield
4.91%
52-week range
$26.70 – $54.98
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$847.8M$1.41B$2.59B$3.06B$3.29B
Gross profit-$7.3M$305.4M$743.8M$836.5M$648.2M
Operating income-$75.5M$223.3M$615.3M$696.0M$515.0M
Net income$352.2M$168.9M$481.9M$448.4M$216.7M
EPS (diluted)$1.77$0.85$3.32$2.96$1.35
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$800.5M$927.3M$874.5M$848.7M$798.0M$764.4M$785.7M$719.7M
Net income$61.2M$96.6M$108.3M$42.9M-$21.1M$86.6M$120.7M-$36.7M
EPS (diluted)$0.40$0.60$0.67$0.27-$0.13$0.54$0.75-$0.23
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$6.2M$281.0M$574.3M$655.5M$951.7M
Capital expenditure-$169.0M-$174.3M-$409.6M-$575.3M-$519.5M
Free cash flow-$162.9M$106.7M$164.8M$80.2M$432.2M
Dividends paid$0$0-$98.8M-$277.8M-$320.4M
Net share buybacks-$1,000-$84.9M-$94.8M-$364.6M-$20.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$456.2M
Total assets
$7.24B
Total liabilities
$2.76B
Total debt
$1.89B
Net debt
$1.43B
Shareholders’ equity
$4.48B

As of Jun 30, 2026 (filed Jul 28, 2026).

Dividends

Ex-dateAmountPaid
Sep 3, 2026$0.50Sep 24, 2026
Jun 4, 2026$0.50Jun 25, 2026
Mar 4, 2026$0.50Mar 19, 2026
Dec 4, 2025$0.50Dec 18, 2025
Sep 4, 2025$0.50Sep 25, 2025
Aug 5, 2025$0.50Sep 4, 2025
Jun 5, 2025$0.50Jun 18, 2025
Mar 5, 2025$0.50Mar 20, 2025

Short interest

Shares sold short
14,695,060
Days to cover
12.06
Change vs previous report
+1.0%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Aug 4, 2014
143-for-125
Aug 29, 2007
2-for-1