NE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NE could experience a turnaround driven by news of a successful rare earth project and increasing helium demand in tech applications, suggesting growth beyond current prices.




Bearish Case: Price uncertainty skews negative due to high implied volatility and insider selling, with the potential for regulatory issues impacting market confidence further.




Potential Outcomes:
  • (40%) Stabilization around $30 as speculation surrounds upcoming project news.
  • (30%) Recovery towards $40 based on positive demand shifts.
  • (20%) Sharp volatility drop below $25 due to unanticipated delays in drilling.
  • (10%) Sudden price spike above $50 fueled by strategic partnerships and project success.




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December 21, 2024


Noble Forecast

NE        Noble











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VAL Forecast + Options Trading Strategies   VAL  Valaris (0.88)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.87)


LYB Forecast + Options Trading Strategies   LYB  LyondellBasell Industries (0.85)


LEA Forecast + Options Trading Strategies   LEA  Lear (0.84)



Uncorrelated Assets

Assets with little price relationship to NE



GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.0)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (-0.0)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.01)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (0.02)


WHR Forecast + Options Trading Strategies   WHR  Whirlpool (0.02)



Anticorrelated Assets

Assets that tend to move strongly against NE



NOW Forecast + Options Trading Strategies   NOW  ServiceNow (-0.78)


COMM Forecast + Options Trading Strategies   COMM  CommScope (-0.78)


CHRW Forecast + Options Trading Strategies   CHRW  C.H. Robinson Worldwide (-0.8)


GWRE Forecast + Options Trading Strategies   GWRE  Guidewire Software (-0.8)


CWAN Forecast + Options Trading Strategies   CWAN  Clearwater Analytics Holdings (-0.84)









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