Share on StockTwits

Noble Energy (NYSE:NBL) will be posting its Q214 quarterly earnings results on Thursday, July 24th. Analysts expect Noble Energy to post earnings of $0.77 per share and revenue of $1.39 billion for the quarter.

Shares of Noble Energy (NYSE:NBL) opened at 73.47 on Wednesday. Noble Energy has a 52 week low of $60.14 and a 52 week high of $79.63. The stock has a 50-day moving average of $75.34 and a 200-day moving average of $70.14. The company has a market cap of $26.449 billion and a price-to-earnings ratio of 28.88.

The company also recently announced a quarterly dividend, which is scheduled for Monday, August 18th. Shareholders of record on Monday, August 4th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.98%.

NBL has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Noble Energy in a research note on Friday, July 18th. They now have a $90.00 price target on the stock, up previously from $85.00. On a related note, analysts at Capital One Financial Corp. raised their price target on shares of Noble Energy from $7.00 to $86.00 in a research note on Wednesday, July 16th. Finally, analysts at Howard Weil raised their price target on shares of Noble Energy from $85.00 to $88.00 in a research note on Thursday, July 10th. They now have a “focus stock” rating on the stock. Ten investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Noble Energy presently has an average rating of “Buy” and a consensus price target of $74.22.

Noble Energy, Inc (NYSE:NBL) is an independent energy company engaged in worldwide oil and gas exploration and production.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.