Contrasting ProFrac (NASDAQ:ACDC) and Noble (NYSE:NE)

ProFrac (NASDAQ:ACDCGet Free Report) and Noble (NYSE:NEGet Free Report) are both energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, earnings, analyst recommendations, dividends, valuation, institutional ownership and profitability.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for ProFrac and Noble, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ProFrac 2 2 1 0 1.80
Noble 1 5 2 1 2.33

ProFrac presently has a consensus price target of $5.25, suggesting a potential upside of 1.94%. Noble has a consensus price target of $44.71, suggesting a potential downside of 1.94%. Given ProFrac’s higher probable upside, analysts clearly believe ProFrac is more favorable than Noble.

Profitability

This table compares ProFrac and Noble’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ProFrac -22.83% -45.18% -13.61%
Noble 4.88% 1.93% 1.18%

Volatility and Risk

ProFrac has a beta of 1.49, indicating that its share price is 49% more volatile than the S&P 500. Comparatively, Noble has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500.

Earnings and Valuation

This table compares ProFrac and Noble”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ProFrac $1.94 billion 0.48 -$369.00 million ($2.33) -2.21
Noble $3.29 billion 2.22 $216.72 million $0.93 49.03

Noble has higher revenue and earnings than ProFrac. ProFrac is trading at a lower price-to-earnings ratio than Noble, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

12.8% of ProFrac shares are held by institutional investors. Comparatively, 68.1% of Noble shares are held by institutional investors. 2.2% of ProFrac shares are held by insiders. Comparatively, 1.5% of Noble shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Noble beats ProFrac on 12 of the 15 factors compared between the two stocks.

About ProFrac

(Get Free Report)

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

About Noble

(Get Free Report)

Noble Corp. Plc engages in the provision offshore drilling services for oil and gas industry. It focuses on a balanced fleet of floating and jackup rigs and the deployment of drilling rigs in oil and gas basins around the world. The company was founded by Lloyd Noble and Art Olson in 1921 and is headquartered in London, the United Kingdom.

Receive News & Ratings for ProFrac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProFrac and related companies with MarketBeat.com's FREE daily email newsletter.