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Noble Corporation (NE) [hlAlert]

Rating:
Neutral NE

Noble Corporation (NE) rated Neutral by Simmons

Posted on: Wednesday,  Jan 29, 2014  10:25 AM ET by Simmons

Noble Corporation (NYSE:
NE) rated Neutral by Simmons.

Noble Corporation (Noble) is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 63 mobile offshore drilling units located worldwide. This fleet consists of 13 semisubmersibles, four dynamically positioned drillships, 43 jackups and three submersibles. The fleet count includes five units under construction, including one F&G JU-2000E enhanced jackup, one dynamically positioned ultra-deepwater, harsh environment Globetrotter-class drillship, and three deepwater dynamically positioned semisubmersibles. The Company have secured customer contracts for the one jackup and three semisubmersibles under construction.

Simmons
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 10:25 AM Hold
None
32.02
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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