Noble Stock To Go Ex-dividend Tomorrow (NE)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $37.44 as of 9:30 a.m. ET, the dividend yield is 1.6%.
The average volume for Noble has been four million shares per day over the past 30 days. Noble has a market cap of $8.72 billion and is part of the
sector and
industry. Shares are up 23.7% year to date as of the close of trading on Tuesday.
Noble Corporation operates as an offshore drilling contractor for the oil and gas industry worldwide. It involves in the contract drilling of oil and gas wells. The company's fleet consists of 14 semisubmersibles, 12 drillships, 45 jackups, and two submersibles. The company has a P/E ratio of 25.9, above the average energy industry P/E ratio of 25.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Noble as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full
.
See our
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