Noble Corporation's Earnings Keep Declining on Weak Offshore Market
There have been some very early signs that the offshore oil and gas industry is picking back up again, but you can't find those signs in Noble Corporation's (NYSE: NE) most recent earnings report. Revenue and earnings continued to decline, and there wasn't much news during the quarter about new contracts to suggest things are going to get better soon.
Let's take a look at Noble's most recent results and what management sees that might suggest the market will improve.
Image source: Getty Images.
Source: Fool.com
General Electric Co. Stock
€144.00
-3.680%
With 41 Buy predictions and 2 Sell predictions General Electric Co. is one of the favorites of our community.
With a target price of 162 € there is a slightly positive potential of 12.5% for General Electric Co. compared to the current price of 144.0 €.
