Ring Energy (NYSE: REI) and Noble Corporation (NYSE:NE) are both small-cap basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, dividends, valuation and analyst recommendations.
Institutional & Insider Ownership
95.6% of Noble Corporation shares are held by institutional investors. 1.6% of Noble Corporation shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Ring Energy and Noble Corporation’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Ring Energy||$42.26 million||16.52||$21.77 million||N/A||N/A|
|Noble Corporation||$1.40 billion||0.67||$639.70 million||($7.21)||-0.53|
Noble Corporation has higher revenue and earnings than Ring Energy.
This table compares Ring Energy and Noble Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a summary of recent recommendations for Ring Energy and Noble Corporation, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Ring Energy currently has a consensus price target of $18.60, indicating a potential upside of 44.30%. Noble Corporation has a consensus price target of $5.65, indicating a potential upside of 48.36%. Given Noble Corporation’s higher probable upside, analysts plainly believe Noble Corporation is more favorable than Ring Energy.
Ring Energy beats Noble Corporation on 6 of the 11 factors compared between the two stocks.
About Ring Energy
Ring Energy, Inc. acquires, explores for, develops, and produces oil and natural gas in Texas and Kansas, the United States. As of December 31, 2016, its proved reserves consisted of approximately 27.7 million barrel of oil equivalent. The company also owns interests in 32,663 net developed and undeveloped acres in Andrews and Gaines counties, and 20,490 net developed and undeveloped acres in Reeves and Culberson counties, Texas; and 14,549 net developed and undeveloped acres in Kansas. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was founded in 2004 and is headquartered in Midland, Texas.
About Noble Corporation
Noble Corporation is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 79 mobile offshore drilling units and one floating production storage and offloading unit (NYSE:NE) located globally.
Receive News & Ratings for Ring Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ring Energy and related companies with MarketBeat.com's FREE daily email newsletter.