Noble (OTCMKTS:NEBLQ) and Parker Drilling (OTCMKTS:PKDC) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, valuation, institutional ownership, earnings and dividends.
Insider & Institutional Ownership
42.1% of Noble shares are held by institutional investors. Comparatively, 0.2% of Parker Drilling shares are held by institutional investors. 1.1% of Noble shares are held by insiders. Comparatively, 0.2% of Parker Drilling shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
This is a summary of recent ratings for Noble and Parker Drilling, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Noble presently has a consensus price target of $1.25, indicating a potential upside of 3,932.26%. Given Noble’s higher probable upside, research analysts clearly believe Noble is more favorable than Parker Drilling.
This table compares Noble and Parker Drilling’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings and Valuation
This table compares Noble and Parker Drilling’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Noble||$1.31 billion||0.01||-$700.59 million||($1.52)||-0.02|
|Parker Drilling||$629.79 million||0.00||-$83.74 million||N/A||N/A|
Parker Drilling has lower revenue, but higher earnings than Noble.
Noble beats Parker Drilling on 6 of the 10 factors compared between the two stocks.
Noble Holding Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services using mobile offshore drilling units. As of November 6, 2020, the company operated a fleet of 19 drilling rigs consisted of 7 drillships and semisubmersibles and 12 jackups. The company was formerly known as Noble Corporation plc and changed its name to Noble Holding Corporation plc in November 2020. Noble Holding Corporation plc was founded in 1921 and is headquartered in London, the United Kingdom. On July 31, 2020, Noble Corporation plc, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
About Parker Drilling
Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. It operates through two business lines, Drilling Services and Rental Tools Services. The Drilling Services business line drills oil, natural gas, and geothermal wells with company-owned rigs and customer-owned rigs; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas. This business line also provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas. The Rental Tools Services business line offers rental equipment, such as standard and heavy-weight drill pipes, tubing, drill collars, and others; pressure control equipment, including blow-out preventers; well construction services, such as tubular running services and downhole tools; well intervention services comprising whipstock, fishing products, and related services; and inspection and machine shop support services for exploration and production companies, drilling contractors, and service companies on land and offshore. The company serves independent and national oil and natural gas exploration and production companies, and integrated service providers in the United States, Russia and other Commonwealth of Independent States countries, Europe, the Middle East, Africa, Asia, Latin America, and other countries. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas.
Receive News & Ratings for Noble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble and related companies with MarketBeat.com's FREE daily email newsletter.