Noble Energy (NBL) Given Media Impact Rating of 0.22
Media headlines about Noble Energy (NYSE:NBL) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Noble Energy earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the oil and gas development company an impact score of 47.7822880060172 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- ETFs with exposure to Noble Energy, Inc. : December 25, 2017 (finance.yahoo.com)
- Jefferies Group Equities Analysts Lift Earnings Estimates for Noble Energy Inc. (NBL) (americanbankingnews.com)
- Noble Energy (NBL) Now Covered by Credit Suisse Group (americanbankingnews.com)
- Noble Energy could take part ownership in Permian-to-Corpus pipeline – San Antonio Business Journal (bizjournals.com)
- Noble Energy Inc. (NBL) Expected to Post Quarterly Sales of $1.14 Billion (americanbankingnews.com)
Shares of Noble Energy (NYSE NBL) traded down $0.21 on Wednesday, reaching $29.33. 1,214,162 shares of the company’s stock were exchanged, compared to its average volume of 5,123,861. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $14,370.00, a PE ratio of -7.35 and a beta of 1.16. Noble Energy has a one year low of $22.99 and a one year high of $40.89.
Noble Energy (NYSE:NBL) last announced its earnings results on Monday, October 30th. The oil and gas development company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.11. The company had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $961.61 million. Noble Energy had a negative net margin of 45.85% and a positive return on equity of 1.06%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.07) earnings per share. research analysts predict that Noble Energy will post -0.01 earnings per share for the current fiscal year.
Several analysts recently commented on NBL shares. BMO Capital Markets set a $33.00 price objective on shares of Noble Energy and gave the company a “buy” rating in a research note on Tuesday, October 10th. Piper Jaffray Companies reduced their price objective on shares of Noble Energy from $47.00 to $32.00 and set an “overweight” rating for the company in a research note on Monday, September 18th. Morgan Stanley raised their price objective on shares of Noble Energy from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Barclays raised their price objective on shares of Noble Energy from $32.00 to $33.00 and gave the company an “overweight” rating in a research note on Wednesday, October 11th. Finally, Mizuho reiterated a “buy” rating on shares of Noble Energy in a research note on Friday, September 29th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $39.35.
In other news, CEO David L. Stover purchased 19,000 shares of the stock in a transaction dated Monday, December 18th. The stock was acquired at an average cost of $26.31 per share, for a total transaction of $499,890.00. Following the completion of the acquisition, the chief executive officer now directly owns 727,254 shares in the company, valued at approximately $19,134,052.74. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Gary W. Willingham purchased 30,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were purchased at an average price of $26.00 per share, with a total value of $780,000.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 518,787 shares of company stock valued at $14,283,745. 2.28% of the stock is currently owned by company 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.
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