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

Noble Energy 1Q Net Soars On Higher Prices, Lower Derivatives Losses

DOW JONES NEWSWIRES Noble Energy Inc.'s (NBL) first-quarter profit surged as the oil-and-gas explorer reported stronger sales volume and realized prices for crude oil, as well as far fewer losses related to derivatives. Noble Energy in December announced a major natural-gas discovery in the waters near Cyprus, building on a string of recent success in the area known as the greater Levant basin. The company and its partners have made several discoveries in the basin, which is off the coasts of Cyprus, Israel, Lebanon and Syria--which could help make the area a major natural-gas exporter. Noble Energy in November said it plans to gradually increase its capital spending to $5 billion a year in 2016 from the $3 billion slated last year. Noble reported income of $263 million, or $1.47 a share, up from $14 million, or 8 cents a share. The latest period included 40 cents a share in unrealized losses on derivatives instruments, while the year-ago period included $1.71 a share in similar losses. Excluding derivatives impacts and other items, earnings were up at $1.75 from $1.35. Revenue increased 30% to $1.17 billion. Analysts polled by Thomson Reuters most recently projected earnings of $1.41 and revenue of $1.08 billion. Sales volume from the Houston company, which has core operations are in the U.S., West Africa and Israel, grew 13% to 243 thousand barrels of oil equivalent per day. Crude-oil and condensate sales volume jumped 34% as realized prices were up 14% to $110.80. Shares closed Wednesday at $95.73 and were inactive premarket. The stock is up 1.4% so far this year. -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108; ben.rubin@dowjones.com

Stock News for Noble (NBL)
DateTimeHeadline
04/28/201611:46:08Noble Energy Declares Quarterly Dividend
04/27/201616:44:25Current Report Filing (8-k)
04/21/201608:58:00CONE Midstream Increases Quarterly Cash Distribution
04/14/201606:10:40Notice of Exempt Solicitation. Definitive Material. (px14a6g)
04/13/201611:55:54Notice of Exempt Solicitation. Definitive Material. (px14a6g)
04/11/201614:52:00CONE Midstream Schedules Earnings Release And Conference Call...
04/08/201609:45:00Noble Energy Abandons Well in Gulf of Mexico
04/08/201608:10:00Noble Energy Provides Gulf of Mexico Drilling Update
03/29/201616:03:28Statement of Changes in Beneficial Ownership (4)
03/28/201616:15:00Noble Energy Announces Its First Quarter 2016 Earnings Webcast...
03/28/201603:02:00Israeli Court Blocks Gas Deal
03/27/201621:40:00Israel Supreme Court Rules Against Offshore-Gas Deal
03/27/201620:43:37Israel Supreme Court Rules Stability Provisions to be Addressed...
03/27/201620:02:00Israel Supreme Court Rules Against Offshore-Gas Deal
03/27/201615:34:00Israel Supreme Court Rules Against Offshore-Gas Deal
03/11/201608:26:18Additional Proxy Soliciting Materials (definitive) (defa14a)
03/11/201608:25:08Proxy Statement (definitive) (def 14a)
03/08/201616:05:06Statement of Changes in Beneficial Ownership (4)
02/29/201611:36:00CONE Midstream Announces Investor Conference Participation
02/19/201609:07:00CONE Midstream Files 2015 Annual Report on Form 10-K

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad