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Noble Corporation (NE) [hlAlert]

Rating:
Buy NE
down 62.38 %

Noble Corporation (NE) rated Buy with price target $44 by Noble Financial

Posted on: Thursday,  Jul 23, 2009  8:55 PM ET by Noble Financial

Noble Financial rated Buy Noble Corporation (NYSE: NE) on 07/23/2009, when the stock price was $32.94. Since
then, Noble Corporation has lost 62.39% as of 09/23/2015's recent price of $12.39.
If you would have followed this Noble Financial's recommendation on NE, you would have lost 62.38% of your investment in 2253 days.

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.

A clear and concise focus. Identifying the emerging small or micro cap company. Recognizing the entrepreneurial character and organizational commitment of its executives and employees. Observing unstoppable drive to exploit opportunities while tackling obstacles. Understanding the company's essential products, services and technologies. Following only those who deserve our attention.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2009 8:55 PM Buy
None
32.94 44.00
as of 12/31/2009
1 Week down  -8.88 %
1 Month down  -8.88 %
3 Months down  -0.84 %
1 YTD up  14.26 %

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