Last $57.63 USD
Change Today +0.47 / 0.82%
Volume 4.1M
NBL On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

noble energy inc (NBL) Snapshot

Open
$56.64
Previous Close
$57.16
Day High
$57.69
Day Low
$55.73
52 Week High
06/23/14 - $79.63
52 Week Low
10/15/14 - $52.65
Market Cap
20.9B
Average Volume 10 Days
3.0M
EPS TTM
$2.30
Shares Outstanding
361.9M
EX-Date
10/31/14
P/E TM
25.1x
Dividend
$0.72
Dividend Yield
1.18%
Current Stock Chart for NOBLE ENERGY INC (NBL)

noble energy inc (NBL) Details

Noble Energy, Inc., an independent energy company, is engaged in the exploration and production of crude oil and natural gas properties worldwide. Its principal projects are located in onshore DJ Basin and Marcellus Shale, the United States; the deepwater Gulf of Mexico; offshore West Africa; and offshore Eastern Mediterranean. As of December 31, 2013, it had approximately 1,406 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.

2,600 Employees
Last Reported Date: 10/28/14
Founded in 1932

noble energy inc (NBL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $713.4K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $572.3K
Executive Vice President
Total Annual Compensation: $522.0K
Compensation as of Fiscal Year 2013.

noble energy inc (NBL) Key Developments

Noble Energy Reports Production Results for the Third Quarter of 2014

Noble Energy reported production results for the third quarter of 2014. For the quarter, the company reported sales average of 302,000 barrels of oil equivalent per day, up 3% year on year.

Noble Energy, Inc. Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended Sept. 30, 2014; Provides Production Guidance for 2014; Reports Asset Impairment Charge for Third Quarter of 2014

Noble Energy, Inc. announced unaudited earnings results for third quarter and nine months ended Sept. 30, 2014. For the quarter, the company reported total revenues of $1,269 million, operating income of $230 million, income from continuing operations before income taxes of $576 million, income from continuing operations of $419 million or $1.12 per diluted share, net income of $419 million or $1.12 per diluted share, adjusted net income of $110 million or $0.28 per share, net cash provided by operating activities of $945 million, total capital expenditures (accrual based) of $1,395 million compared to the total revenues of $1,394 million, operating income of $523 million, income from continuing operations before income taxes of $311 million, income from continuing operations of $195 million or $0.53 per diluted share, net income of $205 million or $0.56 per diluted share, adjusted net income of $361 million or $0.99 per share, net cash provided by operating activities of $909 million, total capital expenditures (accrual based) of $1,165 million for the same quarter a year ago. For the year to date, the company reported total revenues of $4,031 million, operating income of $1,163 million, income from continuing operations before income taxes of $1,085 million, income from continuing operations of $811 million or $2.21 per diluted share, net income of $811 million or $2.21 per diluted share, adjusted net income of $726 million or $1.98 per share, net cash provided by operating activities of $2,703 million, total capital expenditures (accrual based) of $3,639 million compared to the total revenues of $3,687 million, operating income of $1,309 million, income from continuing operations before income taxes of $1,115 million, income from continuing operations of $785 million or $2.17 per diluted share, net income of $843 million or $2.33 per diluted share, adjusted net income of $872 million or $2.4 per share, net cash provided by operating activities of $2,153 million, total capital expenditures (accrual based) of $3,240 million for the same period a year ago. The company reported asset impairments of $33 million compared to $63 million a year ago. The company anticipates fourth quarter 2014 volumes to range from 307 to 327 MBoe/d, consistent with the Company's prior expectations after adjusting for the impact of the sale of its Piceance Basin assets. At the time of sale, the Company's Piceance Basin assets were producing approximately 20 MMcfe/d, net. The midpoint of the updated sales volume range represents an 8% absolute increase over the fourth quarter of last year. Excluding the impact of divested assets impacting the periods, the comparable increase is approximately 15% versus the fourth quarter of 2013. Versus the third quarter of 2014, the midpoint of the range is up 5% and is driven by higher expected volumes in the onshore U.S. through the development programs in the DJ Basin and Marcellus Shale. Offshore, liquids volumes in West Africa are anticipated to be higher as a result of the timing of liftings, while volumes are anticipated to be down in Israel due to seasonal demand and in the Gulf of Mexico from natural field performance.

Noble Energy, Inc. Announces Management Changes

Noble Energy, Inc. announced that the Board of Directors has elected David L. Stover as President and Chief Executive Officer, succeeding Charles D. Davidson as CEO. Mr. Stover's election is consistent with the management succession plan disclosed in April of this year when it was announced that Mr. Davidson would be retiring on May 1, 2015. Mr. Stover has previously been serving as the company's President and Chief Operating Officer. Mr. Davidson will continue to serve as the company's Chairman until the 2015 Annual Meeting at which time he will be leaving the Board of Directors. The Board also announced that it intends to elect Mr. Stover as Chairman of the Board immediately following the 2015 Annual Meeting. The company also announced that Susan M. Cunningham has been elected Executive Vice President responsible for Noble Energy's global Exploration, New Ventures, Frontier, Environmental, Health, Safety, Regulatory and Business Innovation activities. In addition, Gary W. Willingham has been elected Executive Vice President responsible for Noble Energy's global Production, Drilling, Major Projects and Supply Chain activities. Both Ms. Cunningham and Mr. Willingham will report directly to Mr. Stover.

 

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NBL

Industry Average

Valuation NBL Industry Range
Price/Earnings 22.4x
Price/Sales 4.0x
Price/Book 2.1x
Price/Cash Flow 7.8x
TEV/Sales 2.7x
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