Noble Corp Plc vs Patterson-UTI Energy Inc

Noble Corp Plc (NE) is overvalued and we do not publish a verdict for Patterson-UTI Energy Inc (PTEN).

We publish an intrinsic value for NE but not for PTEN, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Noble Corp Plc (NE)

Discounting its cash flows at 9.0% (average of 3 methods) values the shares at $31.29; the price of $45.04 is 44% above that value, and 77% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

Patterson-UTI Energy Inc (PTEN)

We do not publish a value for this company: there is no balance sheet on file to value what it owns.

Leak Score 0/100 on 1 of 12 signals

MetricNEPTEN
VerdictOvervaluedNot valued
Price$45.04$11.14
Intrinsic value$31.29
Margin of safety-44%
Leak Score0/100 (2/12)0/100 (1/12)
Market cap$7.2B$4.2B
Revenue growth, 5 years27.8%33.8%
Operating margin12.6%-0.7%
Net margin4.9%-1.9%
Return on equity3.3%-2.8%
Debt to equity0.420.41
P/E48.7x
Forward P/E20.7x40.4x
P/B1.6x1.4x
Dividend yield4.4%3.6%

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