+ Watch NE
on My Watchlist
The Company is a provider of diversified services for the oil and gas industry.
Dividends500 tracks the 200 strongest dividends in the S&P 500. To qualify as a strong dividend, the company must meet two simple requirements:- A payout ratio below 50%- An increasing dividend from the prior yearBecause there are more than 200 dividend paying companies in the S&P 500 that meet these requirements, the qualifying companies with the largest dividend yields were chosen.Dividends500 intends to test this FactSet article, which highlights these strong dividend paying companies and their outperformance versus the S&P 500 as a whole (Page 12).http://www.factset.com/websitefiles/PDFs/dividend/dividend_12.16.13If you have questions or see something you think is inaccurate feel free to let me know.
I expect at least a point a week from this stock, for the next five years.
Noble has been dragged down with the rest of the industry for no good reason. Substantially undervalued at these levels ($29-35)
Just a shot in the dark. Thinking that the political situation in the world should support high oil prices, and eventually support NE's share price. Trading at a fairly low P/E, and a somewhat higher yield. We'll see.
Oversold. Good first qtr, new rigs rented, cost control good, pe under 10 and outlook pe under 8. Great div just increased. Very good picture for this low $30 stock.
This is the other most undervalued stock (beside ESV) in its industry.Trailing P/E (ttm, intraday): 8.23Forward P/E (fye Dec 31, 2015)1: 8.13PEG Ratio (5 yr expected)1: 0.86Price/Sales (ttm): 2.39Price/Book (mrq): 0.92
Noble is a good pick as a healthy dividend stock that will also prove to be a growth opportunity. Currently, they post a P/E of 9 (below the 15 for the industry) that shows me there is room for price to grow. In addition to other low measures, I fully expect the dividend to drive this growth. Currently, NE pays a dividend just under 5%, but has grown that dividend over the past 5 years, something the industry as a whole cannot boast. Their current payout ratio is a modest 25% which also shows me there is plenty of room for continued dividend growth. My other favorite parts of NE include continued growth in sales (in an industry with negative growth) as well as ROA and ROE well over the average.
This market segment is highly cyclical, and we have entered the high investment phase. Thus, overall profits will suffer for a time, and the guidance along those lines has driven down the stock. Reasonably, over the next few years, when the cycles shift back this stiock would be fair values 30% higher, and likely receive a larger multiple. In the interim you collect a 5% or so coupon for being patient.
Significantly undervalued do to short term blip in long term high growth industry. Nice dividend to collect while you wait for the market to revalue appropriately
SA Dan Strack
2013 TP $55
Looking at immense growth for FY2012. Based on future estimates and projections, this is pretty undervalued and should make a good deal for the coming year.
This pick was a bummer. I have no idea what I was thinking.
Good Value for a oil company with strong balance sheet.
Solid company, strong balance sheet and growth prospects.
World will need more oil with emerging economies increasing demand. Many new discoveries are deep see in GOM, off Brazil, and off Africa requiring drilling expertise. NE is keeping their fleet fresh by adding both new deep water drill rigs and shallow water jack up rigs. GOM drilling licenses are beginning to be issued after the moratorium.
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