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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Operating Margin
Noble Corp (Cayman Island)

22.9%
Current
12%
Average
7.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
22.9%
=
Operating Profit
633.9m
/
Revenue
2.8B

Operating Margin Across Competitors

Country US
Market Cap 5.7B USD
Operating Margin
23%
Country CN
Market Cap 44.1B CNY
Operating Margin
12%
Country SA
Market Cap 21.7B SAR
Operating Margin
28%
Country US
Market Cap 36.3B DKK
Operating Margin
23%
Country CH
Market Cap 3.9B USD
Operating Margin
5%
Country US
Market Cap 3.6B USD
Operating Margin
16%
Country BM
Market Cap 3.5B USD
Operating Margin
13%
Country US
Market Cap 3.4B USD
Operating Margin
3%
Country SA
Market Cap 10.8B SAR
Operating Margin
19%
Country BM
Market Cap 2.9B USD
Operating Margin
22%
Country DK
Market Cap 1.9B EUR
Operating Margin
6%
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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 Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
22.9%
=
Operating Profit
633.9m
/
Revenue
2.8B
What is the Operating Margin of Noble Corp (Cayman Island)?

Based on Noble Corp (Cayman Island)'s most recent financial statements, the company has Operating Margin of 22.9%.