GENL.L vs. NE
GENL.L (Genel Energy plc) and NE (Noble Corporation) are both stocks. Both are in the Energy sector — GENL.L in Oil & Gas E&P, NE in Oil & Gas Drilling. Over the past 3 years, GENL.L returned -22.44%/yr vs 7.82%/yr for NE. At a 0.23 correlation, their price movements are largely independent.
Performance
GENL.L vs. NE - Performance Comparison
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Different Trading Currencies
GENL.L is traded in GBp, while NE is traded in USD. To make them comparable, the NE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GENL.L achieves a -6.22% return, which is significantly lower than NE's 65.99% return.
GENL.L
- 1D
- 7.31%
- 1M
- 5.28%
- YTD
- -6.22%
- 6M
- -8.67%
- 1Y
- 8.35%
- 3Y*
- -22.44%
- 5Y*
- -14.81%
- 10Y*
- -4.80%
NE
- 1D
- -2.11%
- 1M
- -4.70%
- YTD
- 65.99%
- 6M
- 41.36%
- 1Y
- 84.48%
- 3Y*
- 7.82%
- 5Y*
- —
- 10Y*
- —
GENL.L vs. NE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GENL.L Genel Energy plc | -6.22% | -9.85% | -13.95% | -33.41% | 4.32% | -12.73% |
NE Noble Corporation | 65.99% | -10.11% | -30.38% | 23.07% | 70.07% | 4.54% |
Correlation
The correlation between GENL.L and NE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2021 | 0.23 |
Fundamentals
GENL.L:
£154.03M
NE:
$7.31B
GENL.L:
-£0.31
NE:
$1.43
GENL.L:
1.07
NE:
2.28
GENL.L:
0.44
NE:
1.59
GENL.L:
£143.56M
NE:
$3.20B
GENL.L:
£1.98M
NE:
$716.15M
GENL.L:
£21.56M
NE:
$1.11B
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Return for Risk
GENL.L vs. NE — Risk / Return Rank
GENL.L
NE
GENL.L vs. NE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genel Energy plc (GENL.L) and Noble Corporation (NE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GENL.L | NE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.33 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 5.23 | -4.99 |
| Martin ratioReturn relative to average drawdown | 0.39 | 11.76 | -11.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GENL.L | NE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 2.12 | -1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.29 | 0.42 | -0.71 |
Drawdowns
GENL.L vs. NE - Drawdown Comparison
The maximum GENL.L drawdown since its inception was -94.81%, which is greater than NE's maximum drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for GENL.L and NE.
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Drawdown Indicators
| GENL.L | NE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.81% | -64.30% | -30.51% |
Max Drawdown (1Y)Largest decline over 1 year | -34.50% | -16.25% | -18.25% |
Max Drawdown (3Y)Largest decline over 3 years | -57.28% | -64.30% | +7.02% |
Max Drawdown (5Y)Largest decline over 5 years | -71.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.14% | — | — |
Current DrawdownCurrent decline from peak | -92.60% | -15.02% | -77.58% |
Average DrawdownAverage peak-to-trough decline | -69.79% | -20.47% | -49.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.93% | 7.21% | +13.72% |
Volatility
GENL.L vs. NE - Volatility Comparison
The current volatility for Genel Energy plc (GENL.L) is 9.29%, while Noble Corporation (NE) has a volatility of 9.91%. This indicates that GENL.L experiences smaller price fluctuations and is considered to be less risky than NE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GENL.L | NE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.29% | 9.91% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 27.09% | 28.63% | -1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.52% | 40.15% | +11.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.07% | 42.76% | +5.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.13% | 42.76% | +12.37% |
Dividends
GENL.L vs. NE - Dividend Comparison
GENL.L has not paid dividends to shareholders, while NE's dividend yield for the trailing twelve months is around 4.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GENL.L Genel Energy plc | 0.00% | 0.00% | 0.00% | 12.59% | 11.63% | 8.88% | 8.25% | 6.14% |
NE Noble Corporation | 4.40% | 7.08% | 5.73% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GENL.L vs. NE - Financials Comparison
This section allows you to compare key financial metrics between Genel Energy plc and Noble Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GENL.L vs. NE - Profitability Comparison
GENL.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Genel Energy plc reported a gross profit of -3.72M and revenue of 33.06M. Therefore, the gross margin over that period was -11.3%.
NE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a gross profit of 305.45M and revenue of 785.69M. Therefore, the gross margin over that period was 38.9%.
GENL.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Genel Energy plc reported an operating income of -12.36M and revenue of 33.06M, resulting in an operating margin of -37.4%.
NE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported an operating income of 225.31M and revenue of 785.69M, resulting in an operating margin of 28.7%.
GENL.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Genel Energy plc reported a net income of -9.55M and revenue of 33.06M, resulting in a net margin of -28.9%.
NE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a net income of 120.73M and revenue of 785.69M, resulting in a net margin of 15.4%.
Frequently Asked Questions
GENL.L and NE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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