ADVFN - Advanced Financial Network.
HOME» NYSE » N » NBL Stock Price » NBL Stock News

Noble Share News

 Noble Energy, Inc. Stock Price
NBL Stock Price
 Noble Energy, Inc. Stock Chart
NBL Stock Chart
 Noble Energy, Inc. Stock News
NBL Stock News
 Noble Energy, Inc. Company Information
NBL Company Information
 Noble Energy, Inc. Stock Trades
NBL Stock Trades

High-Grade Borrowers Take Advantage Of US Credit Conditions

--Six corporate bond issuers in U.S. market Monday --At least four issues total at least $1 billion --Market is busy as issuers tap market before holiday By Patrick McGee Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- With the U.S. credit market continuing to improve, at least six corporate issuers are taking their chances to meet investors Monday and beat the holiday period, including at least four deals of more than $1 billion each. The diverse range of issuers includes Wells Fargo & Co. (WFC), Ford Motor Co.'s (F) Ford Motor Credit Co., Senior Housing Properties Trust (SNH), Noble Energy Inc. (NBL), and Abu Dhabi National Energy Co. (TAQA.AD). Janney Capital Markets noted that investment-grade and high-yield credit spreads improved by 12 basis points and 36 basis points last week, respectively, and with spreads expected to keep improving--unless volatility from Europe resurfaces--the primary market should be active all week. "Anybody who has been ready to go has been given the all-clear signal so they are jumping in," said a syndicate source in New York. "I don't know if it's a huge pipeline and I don't know how long it will last--it might be a one-week or a two-week kind of thing--but the deals that got through last week really gave guys confidence to come to the market." A benchmark index of the U.S. corporate-bond market, Markit's CDX North America Investment-Grade Index, was recently up 4% on the day. Among the larger issues, Wells Fargo is marketing $1.5 billion in five-year notes featuring a spread of 175 basis points to comparable Treasurys, a person familiar with the deal said. Abu Dhabi National Energy, also known as TAQA, is marketing $1.5 billion in a two-part deal evenly split with five-year notes offering a spread of 330 basis points to Treasurys and 10-year notes offering a spread of 390 basis points. Duke Energy Carolinas, a regulated utility subsidiary of Duke Energy Corp. (DUK), is marketing $1 billion of bonds--$350 million of five-year bonds with a spread to Treasurys of 85 basis points and $650 million of 30-year bonds with a spread of 125 basis points. Additionally, Houston-based Noble Energy is marketing $1 billion of 10-year notes with a spread of 210 basis points to Treasurys. "Should conditions improve from here, we wouldn't be surprised to see $45 [billion] to $50 billion in December supply, in line with historical averages," said Ryan Newth, director of syndicate at SunTrust Robinson Humphrey. "However, if we see a pullback from risk, some of the pipeline will be pushed into 2012 and, in that scenario, December could see an underwhelming $25 [billion] to $30 billion, which would be the lightest in 10 years." The investment-grade corporate-bond market digested nearly $16 billion of new supply last week, Newth added. -By Patrick McGee, Dow Jones Newswires; 212-416-2382; patrick.mcgee@dowjones.com

Stock News for Noble (NBL)
DateTimeHeadline
05/21/201516:43:00ROSETTA SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the...
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201508:55:00CONE Midstream To Participate In NAPTP MLP Investor Conference
05/16/201511:00:20Here's Why These 3 Energy Stocks Moved 20% This Week
05/15/201512:04:02Top 10 Prime Oil Stock Takeover Candidates
05/15/201511:40:00Noble Energy To Present At UBS Oil And Gas Conference
05/15/201510:36:24Perpetual Petroleum: How Buyouts Can Be the Way Out
05/13/201515:06:00Harwood Feffer LLP Announces Investigation of Rosetta Resources...
05/11/201517:33:14Current Report Filing (8-k)
05/11/201517:05:07Noble Energy Buying Rosetta Resources May Help Spur Future Deals
05/11/201513:37:02Oil News: First Billion Dollar Shale Deal Since Oil Prices Plunged
05/11/201512:17:00ROSETTA RESOURCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL...
05/11/201512:02:02Rosetta Resources Inc. (ROSE) Stock Up 26% on Noble Energy Inc...
05/11/201507:00:00CONE Midstream Reports First Quarter Results And Increases 2015...
05/11/201506:30:00Noble Energy Announces Entry Into Eagle Ford And Permian Through...
05/06/201507:19:28Noble Energy Earns Market Perform Rating from Oppenheimer (NBL)
05/05/201511:13:16Quarterly Report (10-q)
05/05/201509:05:35Noble Energy Swings to Loss But Boosts Sales Volume Guidance
05/05/201508:42:47Current Report Filing (8-k)
05/05/201507:30:00Noble Energy Announces First Quarter 2015 Results

Noble Energy and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad