This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Biggest Energy Earnings Reports Next Week

NE Chart NE data by YCharts

Noble (NE - Get Report)

Background: Noble operates as an offshore drilling contractor for the oil and gas industry. The company offers contract drilling services for oil and gas wells. The company was founded in 1921 and is based in Baar, Switzerland. Noble trades an average of 3.2 million shares per day with a marketcap of $9 billion.

52-Week Range: $28.73 to $41.71

Book Value: $29.63

Price to Book: 1.2

The third-quarter Oct. 17 earnings announcement is highly anticipated by hopeful investors.

The analysts' mean profit appraisal is presently 51 cents a share, a gain of 2 cents (3.9%) from 49 cents during the corresponding quarter last year. Estimates from analysts range from a low of 42 cents per share, up to 77 cents per share.

Thirty-six analysts rate Noble a buy or strong buy out of 41 analysts. The company has three holds, and one recommends selling. Twelve out of 41 analysts now rate Noble a strong buy up from 11 analysts a month ago. Analyst upgrades are substantially impressive for a company with as many buy recommendations as Noble already enjoys.

In the last year, the stock appreciated 18.7%, and the average analyst target price is $47.29.

The 200-day moving average is climbing, albeit, with a price that is testing the 200-day support level. Noble passed the first test of support; however, stocks rarely go through support on the first try.

I would proceed with caution, and if holding shares, I would seriously consider hedging your position.

Shareholders receive about 56 cents annually in dividend payments. The yield based on a recent price is 1.58%.

Based on the last reported short interest of the float, the short interest is inconsequential and not a concern at 2.6%.

NE Revenue Quarterly Chart NE Revenue Quarterly data by YCharts
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
MMR $0.00 0.00%
BHI $44.61 -2.00%
DO $23.62 -1.20%
HAL $39.63 -2.00%
NE $9.94 -4.80%


Chart of I:DJI
DOW 17,657.26 -93.65 -0.53%
S&P 500 2,050.44 -12.93 -0.63%
NASDAQ 4,727.6560 -35.5680 -0.75%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs