Noble Energy (NBL) Scheduled to Post Quarterly Earnings on Tuesday

Noble Energy (NYSE:NBL) is set to release its earnings data before the market opens on Tuesday, February 20th. Analysts expect Noble Energy to post earnings of $0.02 per share for the quarter.

Noble Energy (NYSE NBL) opened at $25.97 on Tuesday. Noble Energy has a 12-month low of $22.99 and a 12-month high of $39.60. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market cap of $12,640.00, a PE ratio of -6.51 and a beta of 1.14.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, February 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.40 annualized dividend and a dividend yield of 1.54%. Noble Energy’s dividend payout ratio (DPR) is -10.03%.

Several research firms have recently weighed in on NBL. Stifel Nicolaus set a $40.00 price objective on shares of Noble Energy and gave the company a “buy” rating in a research report on Monday, January 29th. ValuEngine lowered shares of Noble Energy from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Jefferies Group set a $38.00 price objective on shares of Noble Energy and gave the company a “buy” rating in a research report on Tuesday, January 30th. Capital One Financial upgraded shares of Noble Energy from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 10th. Finally, Scotiabank set a $35.00 price objective on shares of Noble Energy and gave the company a “hold” rating in a research report on Saturday, November 25th. Two analysts have rated the stock with a sell rating, three have given a hold rating and nineteen have given a buy rating to the company’s stock. Noble Energy has a consensus rating of “Buy” and a consensus target price of $39.89.

In other Noble Energy news, CFO Kenneth M. Fisher sold 7,621 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $28.80, for a total transaction of $219,484.80. Following the completion of the sale, the chief financial officer now directly owns 197,144 shares of the company’s stock, valued at $5,677,747.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas J. Edelman sold 200,000 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $26.99, for a total transaction of $5,398,000.00. Following the sale, the director now directly owns 2,952,878 shares of the company’s stock, valued at $79,698,177.22. The disclosure for this sale can be found here. 2.28% of the stock is currently owned by corporate insiders.

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Noble Energy Company Profile

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.

Earnings History for Noble Energy (NYSE:NBL)

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