NE Stock Analysis
NE
Neutral
Based on Eyestock quantitative analysis, NE`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly undervalued
Noble Corporation PLC is an offshore drilling contractor for the oil and gas industry. It provides contract drilling services to the international oil and gas industry with its global fleet of mobile offshore drilling units. The mobile offshore drilling units, comprising its offshore rig fleet, operate in a global market for contract drilling services, and are redeployed to different regions due to changing demands of its customers. The Company's customers consist primarily of integrated, independent and government-owned or controlled oil and gas companies throughout the world. Its fleet includes Noble Houston Colbert, Noble Bob Douglas, Noble Don Taylor, Noble Faye Kozack, Noble Gerry de Souza, Noble Globetrotter I, Noble Globetrotter II, Noble Hans Deul, Noble Houston Colbert, Noble Lloyd Noble, Noble Mick O'Brien, Noble Regina Allen, Noble Sam Croft, Noble Sam Hartley, Noble Sam Turner, Maersk Deliverer, and Maersk Developer.