Oil & Gas Drilling
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NE vs HP
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Drilling
NE vs HP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Drilling | Oil & Gas Drilling |
| Market Cap | $7.73B | $3.68B |
| Revenue (TTM) | $3.20B | $4.00B |
| Net Income (TTM) | $229M | $-376M |
| Gross Margin | 22.4% | 11.3% |
| Operating Margin | 16.8% | -1.8% |
| Forward P/E | 44.5x | — |
| Total Debt | $1.98B | $2.32B |
| Cash & Equiv. | $471M | $224M |
NE vs HP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 21 | May 26 | Return |
|---|---|---|---|
| Noble Corporation P… (NE) | 100 | 196.0 | +96.0% |
| Helmerich & Payne, … (HP) | 100 | 113.1 | +13.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NE vs HP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 0.92, yield 4.1%
- Rev growth 7.4%, EPS growth -54.4%, 3Y rev CAGR 32.5%
- 118.1% 10Y total return vs HP's -3.5%
HP is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.87, Low D/E 82.0%, current ratio 1.80x
- Beta 0.87, yield 2.8%, current ratio 1.80x
- 35.9% revenue growth vs NE's 7.4%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.9% revenue growth vs NE's 7.4% | |
| Value | Better valuation composite | |
| Quality / Margins | 7.2% margin vs HP's -9.4% | |
| Stability / Safety | Beta 0.87 vs NE's 0.92 | |
| Dividends | 4.1% yield, 3-year raise streak, vs HP's 2.8% | |
| Momentum (1Y) | +125.7% vs HP's +99.5% | |
| Efficiency (ROA) | 3.0% ROA vs HP's -5.7%, ROIC 6.2% vs 3.7% |
NE vs HP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
NE vs HP — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NE leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
HP and NE operate at a comparable scale, with $4.0B and $3.2B in trailing revenue. NE is the more profitable business, keeping 7.2% of every revenue dollar as net income compared to HP's -9.4%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.2B | $4.0B |
| EBITDAEarnings before interest/tax | $1.1B | $657M |
| Net IncomeAfter-tax profit | $229M | -$376M |
| Free Cash FlowCash after capex | $444M | $256M |
| Gross MarginGross profit ÷ Revenue | +22.4% | +11.3% |
| Operating MarginEBIT ÷ Revenue | +16.8% | -1.8% |
| Net MarginNet income ÷ Revenue | +7.2% | -9.4% |
| FCF MarginFCF ÷ Revenue | +13.9% | +6.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -10.2% | -8.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +11.9% | -47.8% |
Valuation Metrics
HP leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, HP's 6.7x EV/EBITDA is more attractive than NE's 8.4x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.7B | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $9.2B | $5.8B |
| Trailing P/EPrice ÷ TTM EPS | 35.90x | -22.23x |
| Forward P/EPrice ÷ next-FY EPS est. | 44.46x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 8.39x | 6.74x |
| Price / SalesMarket cap ÷ Revenue | 2.35x | 0.98x |
| Price / BookPrice ÷ Book value/share | 1.71x | 1.29x |
| Price / FCFMarket cap ÷ FCF | 17.89x | 31.61x |
Profitability & Efficiency
NE leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
NE delivers a 5.0% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $-14 for HP. NE carries lower financial leverage with a 0.43x debt-to-equity ratio, signaling a more conservative balance sheet compared to HP's 0.82x. On the Piotroski fundamental quality scale (0–9), NE scores 5/9 vs HP's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.0% | -13.6% |
| ROA (TTM)Return on assets | +3.0% | -5.7% |
| ROICReturn on invested capital | +6.2% | +3.7% |
| ROCEReturn on capital employed | +7.5% | +4.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 |
| Debt / EquityFinancial leverage | 0.43x | 0.82x |
| Net DebtTotal debt minus cash | $1.5B | $2.1B |
| Cash & Equiv.Liquid assets | $471M | $224M |
| Total DebtShort + long-term debt | $2.0B | $2.3B |
| Interest CoverageEBIT ÷ Interest expense | 3.26x | -1.92x |
Total Returns (Dividends Reinvested)
NE leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NE five years ago would be worth $21,806 today (with dividends reinvested), compared to $14,401 for HP. Over the past 12 months, NE leads with a +125.7% total return vs HP's +99.5%. The 3-year compound annual growth rate (CAGR) favors NE at 13.4% vs HP's 8.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +68.9% | +24.1% |
| 1-Year ReturnPast 12 months | +125.7% | +99.5% |
| 3-Year ReturnCumulative with dividends | +45.7% | +29.1% |
| 5-Year ReturnCumulative with dividends | +118.1% | +44.0% |
| 10-Year ReturnCumulative with dividends | +118.1% | -3.5% |
| CAGR (3Y)Annualised 3-year return | +13.4% | +8.9% |
Risk & Volatility
Evenly matched — NE and HP each lead in 1 of 2 comparable metrics.
Risk & Volatility
HP is the less volatile stock with a 0.87 beta — it tends to amplify market swings less than NE's 0.92 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.92x | 0.87x |
| 52-Week HighHighest price in past year | $54.57 | $41.68 |
| 52-Week LowLowest price in past year | $22.37 | $14.65 |
| % of 52W HighCurrent price vs 52-week peak | +88.8% | +88.5% |
| RSI (14)Momentum oscillator 0–100 | 49.8 | 60.7 |
| Avg Volume (50D)Average daily shares traded | 1.6M | 1.2M |
Analyst Outlook
NE leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates NE as "Hold" and HP as "Hold". Consensus price targets imply -0.1% upside for HP (target: $37) vs -5.5% for NE (target: $46). For income investors, NE offers the higher dividend yield at 4.13% vs HP's 2.75%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $45.80 | $36.86 |
| # AnalystsCovering analysts | 51 | 43 |
| Dividend YieldAnnual dividend ÷ price | +4.1% | +2.8% |
| Dividend StreakConsecutive years of raises | 3 | 0 |
| Dividend / ShareAnnual DPS | $2.00 | $1.01 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.3% | 0.0% |
NE leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). HP leads in 1 (Valuation Metrics). 1 tied.
NE vs HP: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is NE or HP a better buy right now?
For growth investors, Helmerich & Payne, Inc.
(HP) is the stronger pick with 35. 9% revenue growth year-over-year, versus 7. 4% for Noble Corporation Plc (NE). Noble Corporation Plc (NE) offers the better valuation at 35. 9x trailing P/E (44. 5x forward), making it the more compelling value choice. Analysts rate Noble Corporation Plc (NE) a "Hold" — based on 51 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — NE or HP?
Over the past 5 years, Noble Corporation Plc (NE) delivered a total return of +118.
1%, compared to +44. 0% for Helmerich & Payne, Inc. (HP). Over 10 years, the gap is even starker: NE returned +118. 1% versus HP's -3. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — NE or HP?
By beta (market sensitivity over 5 years), Helmerich & Payne, Inc.
(HP) is the lower-risk stock at 0. 87β versus Noble Corporation Plc's 0. 92β — meaning NE is approximately 5% more volatile than HP relative to the S&P 500. On balance sheet safety, Noble Corporation Plc (NE) carries a lower debt/equity ratio of 43% versus 82% for Helmerich & Payne, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — NE or HP?
By revenue growth (latest reported year), Helmerich & Payne, Inc.
(HP) is pulling ahead at 35. 9% versus 7. 4% for Noble Corporation Plc (NE). On earnings-per-share growth, the picture is similar: Noble Corporation Plc grew EPS -54. 4% year-over-year, compared to -148. 4% for Helmerich & Payne, Inc.. Over a 3-year CAGR, NE leads at 32. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — NE or HP?
Noble Corporation Plc (NE) is the more profitable company, earning 6.
6% net margin versus -4. 4% for Helmerich & Payne, Inc. — meaning it keeps 6. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NE leads at 15. 7% versus 6. 2% for HP. At the gross margin level — before operating expenses — NE leads at 19. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is NE or HP more undervalued right now?
Analyst consensus price targets imply the most upside for HP: -0.
1% to $36. 86.
07Which pays a better dividend — NE or HP?
All stocks in this comparison pay dividends.
Noble Corporation Plc (NE) offers the highest yield at 4. 1%, versus 2. 8% for Helmerich & Payne, Inc. (HP).
08Is NE or HP better for a retirement portfolio?
For long-horizon retirement investors, Noble Corporation Plc (NE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
92), 4. 1% yield, +118. 1% 10Y return). Both have compounded well over 10 years (NE: +118. 1%, HP: -3. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between NE and HP?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NE is a small-cap income-oriented stock; HP is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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