NE vs. DO
Compare and contrast key facts about Noble Corporation (NE) and Diamond Offshore Drilling, Inc. (DO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NE or DO.
Key characteristics
| NE | DO |
|---|
Fundamentals
| NE | DO | |
|---|---|---|
| Market Cap | $5.63B | $1.44B |
| EPS | $3.40 | -$2.67 |
| Total Revenue (TTM) | $2.77B | $825.13M |
| Gross Profit (TTM) | $776.15M | $152.00M |
| EBITDA (TTM) | $858.67M | $183.48M |
Correlation
The correlation between NE and DO is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NE vs. DO - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NE vs. DO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Noble Corporation (NE) and Diamond Offshore Drilling, Inc. (DO). 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.
Dividends
NE vs. DO - Dividend Comparison
NE's dividend yield for the trailing twelve months is around 4.85%, while DO has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
NE Noble Corporation | 3.71% | 1.45% |
DO Diamond Offshore Drilling, Inc. | 0.00% | 0.00% |
Drawdowns
NE vs. DO - Drawdown Comparison
Volatility
NE vs. DO - Volatility Comparison
Noble Corporation (NE) has a higher volatility of 14.87% compared to Diamond Offshore Drilling, Inc. (DO) at 0.00%. This indicates that NE's price experiences larger fluctuations and is considered to be riskier than DO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NE vs. DO - Financials Comparison
This section allows you to compare key financial metrics between Noble Corporation and Diamond Offshore Drilling, Inc.. 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