Noble Corp (Cayman Island)
NYSE:NE

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Noble Corp (Cayman Island)
NYSE:NE
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Price: 29.08 USD 0.83% Market Closed
Market Cap: 4.7B USD
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Net Margin
Noble Corp (Cayman Island)

18.1%
Current
-7%
Average
3.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
18.1%
=
Net Income
501.4m
/
Revenue
2.8B

Net Margin Across Competitors

Country US
Market Cap 4.7B USD
Net Margin
18%
Country CN
Market Cap 43.1B CNY
Net Margin
7%
Country SA
Market Cap 21.7B SAR
Net Margin
12%
Country US
Market Cap 31.4B DKK
Net Margin
18%
Country CH
Market Cap 3B USD
Net Margin
-19%
Country US
Market Cap 3B USD
Net Margin
12%
Country US
Market Cap 2.9B USD
Net Margin
-15%
Country BM
Market Cap 2.9B USD
Net Margin
48%
Country SA
Market Cap 10.8B SAR
Net Margin
12%
Country BM
Market Cap 2.5B USD
Net Margin
30%
Country DK
Market Cap 1.9B EUR
Net Margin
8%
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Noble Corp (Cayman Island)
Glance View

Market Cap
4.7B USD
Industry
N/A

Noble Corp, headquartered in the Cayman Islands, is a prominent name in the offshore drilling industry. Specializing in the exploration and production of oil and natural gas, Noble Corp has carved out a reputation for operating a fleet of sophisticated offshore drilling rigs. These rigs, which include ultra-deepwater, harsh environment, and jack-up rigs, are crucial for reaching beneath ocean depths where traditional land-based methods fall short. Through strategically leasing these rigs to major oil and gas companies worldwide, Noble Corp generates a significant portion of its revenue. Its operations are often deployed in remote, challenging environments — enabling major energy firms to tap into reserves that are otherwise inaccessible. The efficiency and technology backing these operations position Noble Corp as a linchpin in the global hunt for hydrocarbons. Over the years, Noble Corp has adapted to the volatile ebb and flow of the industry by enhancing its fleet with technologically advanced rigs and implementing rigorous safety and operational protocols. This adaptability has not only allowed the company to retain existing clients but also to attract new business collaborations, ensuring steady cash flows from long-term contracts and day-rate agreements. The company's business model thrives on the demand for more complex and harder-to-reach resources. While navigating the challenges of market fluctuations and regulatory landscapes, Noble Corp continues to reinforce its standing as a resilient and reliable player in the offshore drilling arena, intertwining its fortunes with those who explore the depths for new energy horizons.

NE Intrinsic Value
78.32 USD
Undervaluation 63%
Intrinsic Value
Price

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
18.1%
=
Net Income
501.4m
/
Revenue
2.8B
What is the Net Margin of Noble Corp (Cayman Island)?

Based on Noble Corp (Cayman Island)'s most recent financial statements, the company has Net Margin of 18.1%.