Noble Energy (NYSE: NBL) is one of 246 publicly-traded companies in the “Oil & Gas Exploration and Production” industry, but how does it compare to its competitors? We will compare Noble Energy to related companies based on the strength of its analyst recommendations, institutional ownership, earnings, dividends, valuation, risk and profitability.

Valuation & Earnings

This table compares Noble Energy and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Noble Energy $3.87 billion $1.75 billion -6.72
Noble Energy Competitors $1.40 billion $602.68 million 21.43

Noble Energy has higher revenue and earnings than its competitors. Noble Energy is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Noble Energy and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Noble Energy -46.63% 0.86% 0.39%
Noble Energy Competitors -427.56% -1.47% 1.79%

Dividends

Noble Energy pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Noble Energy pays out -9.9% of its earnings in the form of a dividend. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.8% and pay out 385.0% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of current ratings and price targets for Noble Energy and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Noble Energy 0 5 17 0 2.77
Noble Energy Competitors 1436 7439 12053 255 2.53

Noble Energy currently has a consensus target price of $40.70, suggesting a potential upside of 49.91%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 36.43%. Given Noble Energy’s stronger consensus rating and higher probable upside, equities analysts plainly believe Noble Energy is more favorable than its competitors.

Volatility and Risk

Noble Energy has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500. Comparatively, Noble Energy’s competitors have a beta of 1.41, suggesting that their average share price is 41% more volatile than the S&P 500.

Institutional and Insider Ownership

91.6% of Noble Energy shares are owned by institutional investors. Comparatively, 63.0% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 2.3% of Noble Energy shares are owned by company insiders. Comparatively, 11.9% of shares of all “Oil & Gas Exploration and Production” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Noble Energy beats its competitors on 10 of the 15 factors compared.

About Noble Energy

Noble Energy, Inc. is an independent energy company. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. The Company’s segments include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland. The Company’s portfolio of assets is diversified through the United States and international projects and production mix among crude oil, natural gas and NGLs. Its business focuses on both the United States unconventional basins and certain global conventional basins.

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