Noble Corporation PLC
CSE:NOBLE

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Noble Corporation PLC
CSE:NOBLE
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Price: 220 DKK 0.23% Market Closed
Market Cap: 31.4B DKK
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Gross Margin
Noble Corporation PLC

41.3%
Current
30%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
41.3%
=
Gross Profit
1.1B
/
Revenue
2.8B

Gross Margin Across Competitors

Country US
Market Cap 31.4B DKK
Gross Margin
41%
Country CN
Market Cap 43.1B CNY
Gross Margin
16%
Country SA
Market Cap 21.7B SAR
Gross Margin
39%
Country US
Market Cap 4.7B USD
Gross Margin
41%
Country CH
Market Cap 3B USD
Gross Margin
34%
Country US
Market Cap 3B USD
Gross Margin
41%
Country US
Market Cap 2.9B USD
Gross Margin
28%
Country BM
Market Cap 2.9B USD
Gross Margin
0%
Country SA
Market Cap 10.8B SAR
Gross Margin
23%
Country BM
Market Cap 2.5B USD
Gross Margin
37%
Country DK
Market Cap 1.9B EUR
Gross Margin
30%
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Noble Corporation PLC
Glance View

Market Cap
31.4B DKK
Industry
Energy

Noble Corporation PLC is a formidable player in the oil and gas drilling industry, with its roots tracing back to the early 20th century. Originally starting as a land drilling company, Noble evolved over decades into a leader in offshore drilling, focusing on drilling services for oil and gas companies across the globe. The company primarily operates a fleet of high-specification drilling rigs, including ultra-deepwater, harsh environment, and jack-up rigs, each engineered to withstand challenging conditions and operate efficiently at significant depths and extreme environments. Noble leverages its expertise and technological advancements to expand its drilling operations, tailoring solutions to meet the complex and demanding needs of energy exploration companies. Revenue streams for Noble are predominantly based on long-term contracts with major oil companies, which provide a stable cash flow and mitigate exposure to the volatile nature of oil prices. The company's services are tailored to each client's needs, ranging from drilling exploration wells to developing and producing hydrocarbons. Noble's expertise offers clients the efficiency and safety they require to operate in remote or harsh maritime conditions. This focus on long-term partnerships, technological prowess, and operational excellence forms the backbone of Noble's business model, ensuring it remains a key contributor to the global energy industry while navigating the cyclical nature of its market.

NOBLE Intrinsic Value
613.04 DKK
Undervaluation 64%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
41.3%
=
Gross Profit
1.1B
/
Revenue
2.8B
What is the Gross Margin of Noble Corporation PLC?

Based on Noble Corporation PLC's most recent financial statements, the company has Gross Margin of 41.3%.