Superworth

Noble NE

Oil & Gas Drilling, Energy
$47.70
+8.53%
Market cap
$7.6B
PE
50.2×
4y median 14.8×
Forward PE
n/m
not a meaningful number
Price to sales
2.5×
EV/EBIT
19.1×
Revenue, 12 months
$3.1B
−11% on a year ago
Net margin
4.9%
Free cash flow yield
3.7%

Noble trades at 50.2× trailing earnings, pricier than 100% of the last ten years. Revenue was $3.1B over the last twelve months, down 11% on a year earlier with a 5% net margin.

Charts

Financials

Income statement for NE, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$697.5M+128%$643M+3%$637.1M+4%$692.8M+9%$800.5M+15%$927.3M+44%$874.5M+37%$848.7M+23%$798M−0%$764.4M−18%$785.7M−10%$719.7M−15%
Cost of revenue$370.9M+86%$397.9M+1%$407.5M+5%$359.2M−7%$462.4M+25%$563.5M+42%$493.9M+21%$530.8M+48%$510.4M+10%$516.8M−8%$480.2M−3%$480.4M−10%
Gross profit$326.6M+208%$245.1M+7%$229.5M+3%$333.7M+33%$338.2M+4%$363.8M+49%$380.6M+66%$317.9M−5%$287.6M−15%$247.6M−32%$305.5M−20%$239.3M−25%
SG&A$33M+83%$33M+10%$26M−14%$39.7M+23%$43.6M+32%$31.3M−5%$35.2M+36%$35M−12%$33.3M−24%$29.7M−5%$30M−15%$26.9M−23%
$200.8M+289%$157.7M−4%$107.5M+0%$210M+92%$115.5M−43%$171M+8%$187.3M+74%$135.3M−36%$50.4M−56%$42.6M−75%$225.3M+20%$30.5M−78%
Interest expense$13M+64%$14.6M−25%$17.5M+4%$12M−18%$25M+92%$39.7M+172%$40.5M+131%$40M+233%$40.5M+62%$41.4M+4%$40.6M+0%$36.2M−10%
Pre-tax income$210M+350%$144.9M−1%$85.3M−8%$189.8M+191%$92.8M−56%$124.5M−14%$148.7M+74%$100M−47%$10.6M−89%$13.8M−89%$193.7M+30%−$20.4M
$51.7M+295%−$4.8M−$10.2M−35%−$5.2M+679%$31.6M−39%$27.8M$40.4M$57.1M$31.7M+0%−$72.8M$72.9M+81%$16.3M−72%
Net income$158.3M+371%$149.7M+11%$95.5M−12%$195M+196%$61.2M−61%$96.6M−35%$108.3M+13%$42.9M−78%−$21.1M$86.6M−10%$120.7M+12%−$36.7M
$1.09+166%$1.03+11%$0.66−11%$1.34+198%$0.40−63%$0.60−42%$0.67+2%$0.27−80%−$0.13$0.56−7%$0.75+12%−$0.23
145.7M+78%145.7M−0%145.2M−1%146.1M−1%152.9M+5%161.8M+11%161.9M+12%161.5M+11%158.8M+4%155.7M−4%161.6M−0%159.6M−1%

Gross profit: 59 periods, Q2 FY09 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 10 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 9 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 7 periods, Q4 FY14 to Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Energy nearest Noble's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
NENoble$7.6B50.2×14.8×2.5×−11%4.9%
MTDRMatador Resources$7.4B10.3×8.5×2.0×−4%19.9%
NOVNOV$7B76.0×15.3×0.8×−2%1.1%
CHRDChord Energy$8.6B10.6×6.4×1.4×+19%13.4%
SWXSouthwest Gas$6.6B12.7×20.7×3.8×−37%29.8%
PBFPBF Energy$9B6.7×8.3×0.3×+14%3.9%
KNTKKinetik$9B18.7×33.5×4.8×+14%10.4%
MURMurphy Oil$6.4B22.0×11.0×2.1×+8%9.7%
WFRDWeatherford International$6.2B17.1×16.9×1.3×−7%7.7%
MGYMagnolia Oil & Gas$6.2B11.5×11.9×4.2×+11%28.8%
LBLandBridge Co LLC$6.1B79.9×86.5×27.1×+44%16.5%
Peer median$6.8B14.9×13.6×2.1×+10%11.9%

More on Noble

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About

Industry
Oil & Gas Drilling
Sector
Energy

Valuation data, not investment advice. Prices as of .