Noble NE
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Noble (NE) Business Model and Operations Summary
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.
Key Insights
Noble (NE) Core Market Data and Business Metrics
Latest Closing Price
$21.08Market Cap
$3.35 BillionPrice-Earnings Ratio
26.35Total Outstanding Shares
159.19 Million SharesTotal Employees
5,000Dividend
$0.50 Per Share QuarterlyIPO Date
September 30, 2022SIC Description
Drilling Oil & Gas WellsPrimary Exchange
New York Stock ExchangeHeadquarters
13135 Dairy Ashford, Sugar Land, TX, 77478
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 9,860,121 Shares | -16.38% | 3/14/2025 | 2.65 |
| 11,791,600 Shares | +7.72% | 2/28/2025 | 4.61 |
| 10,946,287 Shares | +1.21% | 2/14/2025 | 6 |
| 10,815,393 Shares | +8.80% | 1/31/2025 | 7.98 |
| 9,940,561 Shares | -0.42% | 1/15/2025 | 6.71 |
| 9,982,311 Shares | -1.44% | 12/31/2024 | 5.74 |
Cash Flow Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $236.61 Million |
| Net Cash Flow From Operating Activities, Continuing | $283.78 Million |
| Net Cash Flow, Continuing | $236.61 Million |
| Net Cash Flow From Operating Activities | $283.78 Million |
| Net Cash Flow From Investing Activities | $-513.99 Million |
| Net Cash Flow From Financing Activities | $466.81 Million |
Income Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Preferred Stock Dividends And Other Adjustments | $0 |
| Income Tax Expense/Benefit, Deferred | $-13.11 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Operating Expenses | $685.07 Million |
| Income Tax Expense/Benefit | $31.61 Million |
Comprehensive Income
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss Attributable To Parent | $432,000 |
| Comprehensive Income/Loss Attributable To Parent | $61.65 Million |
| Comprehensive Income/Loss | $61.65 Million |
| Other Comprehensive Income/Loss | $61.65 Million |
Balance Sheet
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $405.91 Million |
| Liabilities | $3.35 Billion |
| Current Liabilities | $900.47 Million |
| Wages | $119.67 Million |
| Equity Attributable To Noncontrolling Interest | $0 |
| Equity Attributable To Parent | $4.68 Billion |
Historical Dividends
Current dividend: $0.50 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 17, 2025 | Mar 20, 2025 | Mar 5, 2025 | $0.5 | Quarterly |
| Nov 5, 2024 | Dec 19, 2024 | Dec 5, 2024 | $0.5 | Quarterly |
| Jun 10, 2024 | Sep 26, 2024 | Sep 12, 2024 | $0.5 | Quarterly |
| May 6, 2024 | Jun 27, 2024 | Jun 6, 2024 | $0.4 | Quarterly |
| Feb 22, 2024 | Mar 21, 2024 | Mar 8, 2024 | $0.4 | Quarterly |
| Oct 31, 2023 | Dec 14, 2023 | Nov 15, 2023 | $0.4 | Quarterly |