Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $38.53 as of 9:31 a.m. ET, the dividend yield is 1.4%.
The average volume for Noble has been 3.2 million shares per day over the past 30 days. Noble has a market cap of $9.62 billion and is part of the basic materials sector and energy industry. Shares are up 26% 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. The company offers contract drilling services for oil and gas wells. The company has a P/E ratio of 18.6, above the average energy industry P/E ratio of 17.9 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 robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share. You can view the full
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