Noble Energy Inc. (NBL) Declares Quarterly Dividend of $0.14
Noble Energy (NYSE:NBL) declared a quarterly dividend on Tuesday, January 28th, AnalystRatings.NET reports. Shareholders of record on Monday, February 10th will be given a dividend of 0.14 per share on Monday, February 24th. This represents a $0.56 dividend on an annualized basis and a yield of 0.90%.
Several analysts have recently commented on the stock. Analysts at Cowen and Company initiated coverage on shares of Noble Energy in a research note to investors on Monday. They set an “outperform” rating on the stock. On the ratings front, analysts at Morgan Stanley downgraded shares of Noble Energy to an “equal weight” rating in a research note to investors on Tuesday, January 21st. Finally, analysts at ISI Group downgraded shares of Noble Energy to a “neutral” rating in a research note to investors on Tuesday, January 14th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Noble Energy has a consensus rating of “Buy” and an average price target of $78.00.
Noble Energy (NYSE:NBL) traded up 1.72% during mid-day trading on Tuesday, hitting $63.21. 547,373 shares of the company’s stock traded hands. Noble Energy has a 52-week low of $52.62 and a 52-week high of $78.01. The stock has a 50-day moving average of $66.5 and a 200-day moving average of $67.43. The company has a market cap of $22.692 billion and a P/E ratio of 20.43.
Noble Energy, Inc (NYSE:NBL) is an independent energy company engaged in worldwide oil and gas exploration and production.
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