Noble Corp (Cayman Island)
NYSE:NE

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Noble Corp (Cayman Island)
NYSE:NE
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Price: 35.41 USD 2.05% Market Closed
Market Cap: 5.7B USD
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Gross Margin
Noble Corp (Cayman Island)

41.3%
Current
30%
Average
36.9%
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 5.7B USD
Gross Margin
41%
Country CN
Market Cap 44.1B CNY
Gross Margin
16%
Country SA
Market Cap 21.7B SAR
Gross Margin
39%
Country US
Market Cap 36.3B DKK
Gross Margin
41%
Country CH
Market Cap 3.9B USD
Gross Margin
34%
Country US
Market Cap 3.6B USD
Gross Margin
41%
Country BM
Market Cap 3.5B USD
Gross Margin
0%
Country US
Market Cap 3.4B USD
Gross Margin
28%
Country SA
Market Cap 10.8B SAR
Gross Margin
25%
Country BM
Market Cap 2.9B USD
Gross Margin
37%
Country DK
Market Cap 1.9B EUR
Gross Margin
30%
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Noble Corp (Cayman Island)
Glance View

Market Cap
5.7B USD
Industry
N/A

Noble Corp. is an offshore drilling contractor for the oil and gas industry. The company is headquartered in Sugar Land, Texas and currently employs 1,800 full-time employees. The company went IPO on 2021-06-03. The Company, through its subsidiaries, provides contract drilling services with a fleet of approximately 20 mobile offshore drilling units, consisting of 12 floaters and eight jack-up rigs focused on deep-water and jack-up drilling opportunities in both established and emerging regions worldwide. 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 firm's customers consist primarily of integrated, independent and government-owned or controlled oil and gas companies throughout the world. The company employs each drilling unit under an individual contract, and contracts are awarded based upon a competitive bidding process.

NE Intrinsic Value
84.92 USD
Undervaluation 58%
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 Corp (Cayman Island)?

Based on Noble Corp (Cayman Island)'s most recent financial statements, the company has Gross Margin of 41.3%.