NOV vs Noble

NOV and Noble are compared on this page, covering business models, financial performance, and market context in a clear, neutral way. The comparison highlights how each company structures its offerings, scales its operations, and navigates industry trends. Educational content, not financial advice.

NOV and Noble are compared on this page, covering business models, financial performance, and market context in a clear, neutral way. The comparison highlights how each company structures its offering...

About The Companies

NOV (NOV)

NOV Inc. (ticker: NOV) is a manufacturer and service provider to the oil and gas industry, specialising in drilling equipment, rig systems and aftermarket services. With a market capitalisation of about $4.85 billion, NOV serves exploration and production companies, drilling contractors and national oil companies around the world. Its revenues are driven by equipment sales (rig components, well-construction tools) and recurring aftermarket services, where parts, maintenance and upgrades can provide steadier cash flow. The business is cyclical and closely linked to oil and gas activity and commodity prices, so earnings and order books can vary significantly over time. NOV has invested in drilling automation and efficiency technologies but faces industry-specific risks including project delays, commodity price swings, and regulatory and environmental pressures as energy markets evolve. This summary is educational, not investment advice; investors should assess how NOV fits their goals, risk tolerance and time horizon, and consider seeking regulated financial advice.

Noble (NE)

Noble Corporation plc (NE) is an international offshore drilling contractor that provides drilling services to the oil and gas industry using a fleet of drillships and semisubmersibles. Investors should know Noble’s revenue is driven mainly by rig utilisation, dayrates achieved under contracts and the broader level of offshore capital expenditure by oil companies. The business is cyclical and capital‑intensive: earnings can swing with oil prices, contract renewals and fleet deployment. As of the given data, market capitalisation is about $4.44 billion, reflecting investor views on near‑term demand, fleet quality and balance‑sheet strength. Key considerations include contract backlog and terms, fleet modernisation and maintenance costs, leverage and liquidity, and operational risks such as weather or well incidents. This summary is general information only and not investment advice; returns are not guaranteed and losses are possible.

Comparison Snapshot

Key Financial Metrics

NOV

Metric

NE

$5.98B

Market Cap

$4.72B

0.99%

Potential Profit

N/A

Hold

Analyst Rating

N/A

Which Baskets Do They Appear In?

Beyond The Barrel: The Production Playbook

Exxon Mobil's recent earnings showed that boosting production can overcome low oil prices, highlighting a key strategy for success. This creates an investment opportunity in the companies providing the essential equipment and services that make increased oil and gas output possible.

Published: August 1, 2025

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Which Baskets Do They Appear In?

Beyond The Barrel: The Production Playbook

Exxon Mobil's recent earnings showed that boosting production can overcome low oil prices, highlighting a key strategy for success. This creates an investment opportunity in the companies providing the essential equipment and services that make increased oil and gas output possible.

Published: August 1, 2025

Explore Basket

Investment Analysis

NOV

Pros

NOV operates globally with nearly two thirds of its revenue from international markets, diversifying geographic risk.
The company has a broad product range in oil and gas drilling and renewable energy sectors, enhancing its market footprint.
Recent revenue growth of around 3.34% in 2024 shows positive top-line momentum.

Considerations

Net income declined sharply by over 36% in 2024 despite revenue growth, reflecting margin or cost pressures.
The stock’s price valuation shows high uncertainty and a significant premium compared to some fair value estimates.
NOV’s cyclicality tied to oil and gas markets exposes it to commodity price volatility risks.

Noble

NE

Pros

Noble operates one of the youngest and most advanced fleets in offshore drilling, supporting operational efficiency and safety.
The company has a strong track record of industry-leading utilization, aiding steady contract revenues.
Analyst estimates indicate around 25% upside potential from current price levels.

Considerations

Noble’s business depends heavily on offshore drilling demand, which is cyclical and sensitive to oil price fluctuations.
The company’s price-to-earnings ratio and certain valuation metrics suggest it trades near peer averages, limiting margin of safety.
Execution risks exist in maintaining high fleet utilisation amid competitive and regulatory challenges.

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About The Companies

Comparison Snapshot

Which Baskets Do They Appear In?

Beyond The Barrel: The Production Playbook

Which Baskets Do They Appear In?

Beyond The Barrel: The Production Playbook

Investment Analysis

NOV

Pros

Considerations

Noble

Pros

Considerations

Why invest with Nemo?

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

About The Companies

Comparison Snapshot

NOV vs Noble

About The Companies

Comparison Snapshot

Which Baskets Do They Appear In?

Beyond The Barrel: The Production Playbook

Which Baskets Do They Appear In?

Beyond The Barrel: The Production Playbook

Investment Analysis

NOV

Pros

Considerations

Noble

Pros

Considerations

Why invest with Nemo?

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

What is the main difference between comparing NOV and Noble on a business model level?

How does geographic diversification affect risk in this stock comparison?

What does it mean when a stock shows revenue growth but a falling net income?

Why are valuation metrics singled out as a risk in this comparison?

What does ‘upside potential’ from analysts mean in Noble’s context?

How do cyclical commodities influence these stocks?

What role does fleet utilisation play for Noble?

How should a beginner approach reading the ‘pros and cons’ for each stock?

What should I look for when comparing financial momentum across these stocks?

How does diversification of revenue sources affect risk and opportunity?

How should one interpret the word ‘education’ in this page’s context?

About The Companies

Comparison Snapshot