During the same quarter in the prior year, the business earned ($0.15) earnings per share. As of now, Noble Energy, Inc. has a P/S, P/E and P/B values of 3.63, 0 and 1.54 respectively. For the next year, analysts forecast that the firm will report sales of $5.39 billion per share, with estimates ranging from $4.74 billion to $6.20 billion.
Zwj Investment Counsel Inc decreased its stake in Noble Energy Inc (NBL) by 18.77% based on its latest 2017Q4 regulatory filing with the SEC.
Noble Energy (NYSE:NBL) last released its earnings results on Tuesday, May 1st. The oil and gas development company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.07.
The Noble Energy, Inc. exchanged hands with 5219168 shares compared to its average daily volume of 5.13M shares.
ROE (Return on equity) was recorded as -6.10% and NBL's has Return on assets (ROA) of -2.80% while Return on Investment (ROI) was recorded as -8.50%.
The company's earnings per share shows growth of -63.70% for the current year and expected to arrive earnings growth for the next year at 31.21%.
Several research firms have recently weighed in on NBL. Capital One upgraded Noble Energy from an "equal weight" rating to an "overweight" rating in a research note on Wednesday, January 10th.
The price target set for the stock is $- and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research. ValuEngine lowered shares of Noble Energy from a "hold" rating to a "sell" rating in a report on Friday, February 2nd. Finally, Barclays set a $4.00 target price on shares of Noble and gave the company a "hold" rating in a research note on Tuesday, January 23rd.
Among 21 analysts covering Noble Energy (NYSE:NBL), 19 have Buy rating, 0 Sell and 2 Hold. The company presently has a consensus rating of "Hold" and an average target price of $4.41.
NBL opened at $32.73 on Monday. If a stock is trading on low volume, then there is not much interest in the stock.
NBL stock traded up $1.46 during trading on Friday, reaching $34.90. The stock closing price is now trading upward to its 50 day moving average with change of 5.36%, escalated to its 20 day moving average with figure of 0.32% and above its 200 day moving average with value 15.61%.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 21st. Another trade for 7,621 shares valued at $210,815 was sold by Fisher Kenneth M. On Monday, December 18 the insider STOVER DAVID L bought $499,835. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.34%. Also Globenewswire.com published the news titled: "Noble Energy Announces Increase to Its Quarterly Dividend" on April 23, 2018.
The performance of Noble Energy, Inc.
Noble Energy declared that its board has initiated a share repurchase plan on Thursday, February 15th that permits the company to buyback $750.00 million in shares.
Market capitalization is the total market value of all of a company's outstanding shares. Wall Street experts also assign a $40.74 price target on Noble Energy, Inc., pointing towards a 24.47% rally from current levels. Craddock James E sold 8,500 shares worth $266,475. Following the completion of the transaction, the director now directly owns 93,413 shares of the company's stock, valued at approximately $2,928,497.55. Active and passive shareholders always require every bit of information available regarding his chosen security and this include keeping a close watch on fundamental and technical data. Insiders own 1.96% of the company's stock. Company insiders own 1.96% of the company's stock. To ascertain 10-Months Price Index, simply dividing current price of the stock by the 10-Months back price. Noble has a 12 month low of $3.14 and a 12 month high of $5.80. Whittier Trust Of Nevada invested in 2,179 shares or 0.01% of the stock. Vident Investment Advisory LLC acquired a new position in Noble Energy during the third quarter worth $361,000. The consensus recommendation for stock is 2.00. Global X Management Co.
Noble Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids worldwide. Twin Tree LP stated it has 0% of its portfolio in Noble Energy, Inc. The Company's principal projects are located in onshore DJ Basin, Eagle Ford Shale, Permian Basin, and Marcellus Shale, the United States; deepwater Gulf of Mexico; Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea; and offshore the Falkland Islands, Suriname, and Newfoundland.
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