Noble Corporation is among the world’s largest Oil and Gas Drilling sector businesses in the world. Noble Corporation’s employees generate $837.0M in profits on $2.285B of revenue. Global output in the Oil and Gas Drilling business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Noble Corporation is determined to remain a market leader. Sectoral leadership in the Oil and Gas Drilling segment takes dedication and consistency, but management seeks out-sized growth.
Noble Corporation’s ticker symbol NE has recently been trading near $98.53 a share. The Noble Corporation corporate headquarters in Sugar Land TX predicts Oil and Gas Drilling profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $13.205B ensures sufficient liquidity. With a beta of 1.77, the company is more volatile than the market as a whole. When the average equity moves higher, Noble Corporation moves more aggressively.
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