Noble (OTCMKTS:NEBLQ) and Erin Energy (OTCMKTS:ERINQ) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, earnings, institutional ownership, profitability and dividends.
Insider and Institutional Ownership
42.1% of Noble shares are held by institutional investors. 1.1% of Noble shares are held by company insiders. Comparatively, 62.5% of Erin Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This table compares Noble and Erin Energy’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings & Valuation
This table compares Noble and Erin Energy’s gross 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|
|Erin Energy||$101.17 million||0.01||-$151.89 million||N/A||N/A|
Erin Energy has lower revenue, but higher earnings than Noble.
This is a breakdown of current recommendations for Noble and Erin Energy, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Noble presently has a consensus target price 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 Erin Energy.
Erin Energy beats Noble on 6 of the 9 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 Erin Energy
Erin Energy Corporation, an independent exploration and production company, engages in the acquisition and development of energy resources in Africa. Its asset portfolio consists of five licenses covering an area of approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. The company was formerly known as CAMAC Energy Inc. and changed its name to Erin Energy Corporation in April 2015. The company was founded in 2005 and is headquartered in Houston, Texas. Erin Energy Corporation is a subsidiary of CAMAC Energy Holdings Limited. On July 13, 2018, the voluntary petition of Erin Energy Corporation for reorganization under Chapter 11 was converted to Chapter 7. It had filed for Chapter 11 bankruptcy on April 25, 2018.
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