Noble plc Story

Noble Corporation plc -- USA Stock  

USD 5  0.43  7.92%

Macroaxis News
  
By David Taylor

Noble Corporation is an offshore drilling operation that is located primarily in the North Sea.  They are a British company whose stock trades on the NYSE.  

There are a lot of reasons why I like this stock.  They are an oil company and I am quite bullish on the price of oil.  Crude, in the United States, has been sitting at $51 for a moment.  However, I believe that is short-lived and as the economy of the United States continues to expand, oil prices will advance further.  I can very comfortably see the price of oil above $75 by the end of the year 2017.  That would increase revenue by 50% in a linear world, although I can be forgiving.  Plus, as the United States continues its expansion the pull for other regions, such as the EU and China will be enough to begin the process of bringing these economies into expansionary territory. 

Petroleum
Fama & French Classification
Nobel Energy has weathered the slide downward in oil and is now poised to do well going forward

Oil has slid downward for some time but is now heading back higher.  As the world economies begin to expand more and more they are going to need oil for moving products around the world.  Despite the drop in oil price Noble Energy did well and was still profitable.  Now they have a lot of potential with increased revenue as the price of oil heads higher.  




Noble Corporation is an offshore drilling operation that is located primarily in the North Sea.  They are a British company whose stock trades on the NYSE.  

There are a lot of reasons why I like this stock.  They are an oil company and I am quite bullish on the price of oil.  Crude, in the United States, has been sitting at $51 for a moment.  However, I believe that is short-lived and as the economy of the United States continues to expand, oil prices will advance further.  I can very comfortably see the price of oil above $75 by the end of the year 2017.  That would increase revenue by 50% in a linear world, although I can be forgiving.  Plus, as the United States continues its expansion the pull for other regions, such as the EU and China will be enough to begin the process of bringing these economies into expansionary territory. 

Here is a look at the numbers that are most important with the company, with gross revenue, pre-tax profit and earnings-per-share, respectively:

2011:  2,695.8       469.3     1.46

2012:  3,547.0       770.9     2.05

2013:  4,234.3     2,003.7    3.05

2014:  3,232.5     1,048.2    0.03

2015:  3,352.3     1,590.6    2.06

At first glance, the one thing that stands out is the drop in revenue from 2013 - 2014.  That was a 50% haircut in gross profits.  But, it came off of only about 25% drop in revenue.  That was the period that saw a great deal of selling in the oil business along with a tight slowing in economic growth around the globe.  Still, the company was profitable and the very next year, impressively, with hardly any revenue growth, improved their gross profits by 50% as well as improved their earnings-per-share significantly.  This is a company that responded quite effectively to the economic turmoil that they saw.  This shows that leadership is adept in difficult times, a valuable asset.  

Back to what I mentioned in the beginning regarding the economic expansion.  Growth in the company’s earning has been steady, save for the slowdown and selling in the price of oil.  Given the ability to continue its expansion, oil is positioned to move much higher.  And, this company would need only take rigs that have been taken off line back online.  that wold mean that there would not be any real capital investment necessary to see additional revenue since the oil producing structures are already in existence.  That is a key aspect of where this company currently sits.  There is a lot of expansion capabilities in revenue, and that would come inexpensively.  

But, and here is one of the things that I like the most about this company, the stock is trading at a mere $7.05 per share.  That means you are getting this stock at well below what is average for the stock market.  When I saw this price I had o continue to look to find where the “catch” was.  I could not find any other than oil stocks have been beaten down so much there is no real juice in them.  That, at first becomes a detriment.  You will not see too much in the way of stock increase if no one is buy-in gah stock.  However, it is my firm belief that sentiment will change and that this stock will hit levels that put it at 15 times earnings.  

This is a long term hold.  You would want to buy into this and hold on as the economy expands and the price of oil goes higher.  Noble Energy is a great addition to your portfolio.

Story Momentum

This story from Macroaxis reported on January 20, 2017 contributed to the next trading day price decline.The trading delta at closing time to the next closing price was 2.16% . The trading delta at closing time when the story was published to the current price is 26.72% .

Similar stores for Noble plc

few days ago at http://friscofastball.com 
Are Analysts Bearish Noble Corporation plc After Last Week
news
More notable recent Noble Corporation plc news were published by Investorplace.com which released Trade of the Day Noble Corporation Ordinary Shares on April 12, 2016, also Marketwatch.com with their article Noble Corp ... Were Analysts Bullish Noble Corporation plc This Week - WeeklyHub
over two months ago at http://santimes.com 
Imperva Holding Upped by Citadel Advisors Llc As Noble Plc NE ...
news
Another recent and important Noble Corporation Ordinary Shares news was published by Fool.com which published an article titled Noble Corporation Reported Earnings, and Offshore Drilling Stocks Are Up Big Today on May 05, 2017.
over three months ago at http://kldaily.com 
Is Noble Corp Worth Your Time and Dime Following a UBS Upgrade
news
Investors sentiment decreased to 0.96 in Q2 2017. Its down 0.13, from 1.09 in 2017Q1. It fall, as 59 investors sold Noble Corporation Ordinary Shares shares while 72 reduced holdings. 50 funds opened positions while 76 raised stakes. 228.01 ...
over three months ago at http://presstelegraph.com 
Is Selling Stock Like Noble Corporation Ordinary Shares After Such ...
news
Investors sentiment decreased to 0.8 in Q4 2016. Its down 0.05, from 0.85 in 2016Q3. It turned negative, as 51 investors sold Noble Corporation Ordinary Shares shares while 107 reduced holdings. 44 funds opened positions while 82 raised stakes. Firefly Value Partners LP Boosted Position in Noble Corp Plc - KL Daily

Latest Stories

Recently Published Macroaxis Headlines

Did you try this?

Run Portfolio Reporting Now
   

Portfolio Reporting

Create custom reports across your portfolios and generate quick suggestion pitch
Hide  View All  NextLaunch Portfolio Reporting

Compare

Compare Noble plc To Peers

Five Year Return

Five Year Return Comparative Analysis
  Five Year Return 
      Noble plc Comparables 
Noble plc is considered to be number one stock in five year return category among related companies. Five Year Return is considered as one of the best measures to evaluate fund performance especially from the mid and long term prospective. It shows the total annualized return generated from holding a fund for the last 5 years and represents capital appreciation of fund investments including all dividends, losses, and capital gains distributions.