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Noble (NE) Competitors

Noble logo

NE vs. RIG, VAL, HP, PTEN, HPK, PDS, NBR, AMNI, BORR, and FSLR

Should you be buying Noble stock or one of its competitors? The main competitors of Noble include Transocean (RIG), Valaris (VAL), Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), HighPeak Energy (HPK), Precision Drilling (PDS), Nabors Industries (NBR), American Noble Gas (AMNI), Borr Drilling (BORR), and First Solar (FSLR). These companies are all part of the "oils/energy" sector.

Noble vs.

Noble (NYSE:NE) and Transocean (NYSE:RIG) are both mid-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, media sentiment, institutional ownership, community ranking, dividends and earnings.

Noble currently has a consensus target price of $52.83, suggesting a potential upside of 53.63%. Transocean has a consensus target price of $6.63, suggesting a potential upside of 56.43%. Given Transocean's higher possible upside, analysts plainly believe Transocean is more favorable than Noble.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Noble
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Transocean
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22

Noble has a beta of 1.01, indicating that its share price is 1% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.78, indicating that its share price is 178% more volatile than the S&P 500.

In the previous week, Transocean had 2 more articles in the media than Noble. MarketBeat recorded 3 mentions for Transocean and 1 mentions for Noble. Transocean's average media sentiment score of 0.46 beat Noble's score of 0.00 indicating that Transocean is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Noble
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Transocean
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Transocean received 903 more outperform votes than Noble when rated by MarketBeat users. Likewise, 51.60% of users gave Transocean an outperform vote while only 35.42% of users gave Noble an outperform vote.

CompanyUnderperformOutperform
NobleOutperform Votes
17
35.42%
Underperform Votes
31
64.58%
TransoceanOutperform Votes
920
51.60%
Underperform Votes
863
48.40%

68.1% of Noble shares are owned by institutional investors. Comparatively, 67.7% of Transocean shares are owned by institutional investors. 1.1% of Noble shares are owned by insiders. Comparatively, 13.2% of Transocean shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Noble has higher earnings, but lower revenue than Transocean. Transocean is trading at a lower price-to-earnings ratio than Noble, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Noble$2.59B2.13$481.90M$3.4310.03
Transocean$2.83B1.31-$954M-$0.75-5.65

Noble has a net margin of 18.08% compared to Transocean's net margin of -18.81%. Noble's return on equity of 7.68% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Noble18.08% 7.68% 5.16%
Transocean -18.81%-1.48%-0.77%

Summary

Noble beats Transocean on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NE vs. The Competition

MetricNobleDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$5.36B$1.04B$8.40B$19.87B
Dividend Yield5.98%4.25%11.45%3.50%
P/E Ratio10.032.6615.2935.66
Price / Sales2.132.58126.3317.95
Price / Cash10.226.8411.4817.98
Price / Book1.180.663.254.59
Net Income$481.90M-$225.86M$952.17M$985.93M

Noble Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NE
Noble
4.1055 of 5 stars
$34.39
+2.9%
$52.83
+53.6%
-24.5%$5.36B$2.59B10.033,600
RIG
Transocean
4.2053 of 5 stars
$4.24
+1.0%
$6.63
+56.4%
-33.7%$3.68B$2.83B0.005,800
VAL
Valaris
4.1057 of 5 stars
$47.19
+1.7%
$80.00
+69.5%
-29.8%$3.30B$1.78B3.245,985Positive News
HP
Helmerich & Payne
4.0973 of 5 stars
$33.73
+1.0%
$38.57
+14.4%
-12.3%$3.30B$2.76B9.816,200Ex-Dividend
Analyst Forecast
Analyst Revision
PTEN
Patterson-UTI Energy
4.2577 of 5 stars
$8.13
+0.2%
$11.88
+46.1%
-32.4%$3.16B$4.15B0.0010,600Positive News
HPK
HighPeak Energy
1.7371 of 5 stars
$15.08
+2.8%
$14.00
-7.2%
-7.9%$1.86B$1.11B11.8730
PDS
Precision Drilling
4.2664 of 5 stars
$65.14
+3.8%
$112.00
+71.9%
+10.8%$882.88M$1.44B5.515,560
NBR
Nabors Industries
2.5639 of 5 stars
$72.54
-0.4%
$97.00
+33.7%
-23.6%$692.76M$3.05B-3.9412,000
AMNI
American Noble Gas
N/AN/AN/AN/A$30,000.00$120,000.000.003High Trading Volume
BORR
Borr Drilling
3.4734 of 5 stars
$3.87
-1.8%
$9.00
+132.9%
-38.7%$0.00$771.60M11.712,869
FSLR
First Solar
4.9603 of 5 stars
$184.84
-1.3%
$280.50
+51.8%
+16.0%$20.06B$3.32B15.926,700Analyst Revision

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This page (NYSE:NE) was last updated on 11/21/2024 by MarketBeat.com Staff
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