Noble Energy (NBL) Earns Daily Media Sentiment Rating of 0.14
Headlines about Noble Energy (NYSE:NBL) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Noble Energy earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the oil and gas development company an impact score of 45.7475177718902 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Noble Energy, Inc. (NYSE: NBL) – Investor’s Roundup (Intraday Analysis) – Alpha Beta Stock (alphabetastock.com)
- Stock Review for Independent Oil & Gas Investors — Noble Energy, EP Energy, EnerJex Resources, and Ultra Petroleum – PR Newswire (press release) (prnewswire.com)
- Cowen Analysts Give Noble Energy (NBL) a $40.00 Price Target (americanbankingnews.com)
- BRIEF-Noble Energy Says On Dec 7, Co Entered Into Letter Agreement With Wheeling Creek Midstream LLC (NBL) (markets.businessinsider.com)
- Investors Purchase Large Volume of Noble Energy Put Options (NBL) (americanbankingnews.com)
NBL has been the subject of several research reports. Stifel Nicolaus set a $41.00 price objective on Noble Energy and gave the company a “buy” rating in a report on Tuesday, November 28th. Cowen set a $40.00 price objective on Noble Energy and gave the company a “buy” rating in a report on Sunday. Piper Jaffray Companies reissued a “buy” rating and set a $35.00 price objective on shares of Noble Energy in a report on Friday, November 17th. Imperial Capital initiated coverage on Noble Energy in a report on Thursday, September 28th. They set an “outperform” rating and a $40.00 price objective for the company. Finally, Scotiabank set a $35.00 price objective on Noble Energy and gave the company a “hold” rating in a report on Saturday, November 25th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. Noble Energy has a consensus rating of “Buy” and a consensus price target of $40.68.
Noble Energy (NYSE NBL) traded down $0.06 during trading on Monday, hitting $26.88. The stock had a trading volume of 4,903,789 shares, compared to its average volume of 5,140,002. Noble Energy has a 52-week low of $22.99 and a 52-week high of $42.03. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $13,120.00, a price-to-earnings ratio of 112.25 and a beta of 1.16.
Noble Energy (NYSE:NBL) last posted its quarterly earnings results on Monday, October 30th. The oil and gas development company reported ($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.11. Noble Energy had a positive return on equity of 1.06% and a negative net margin of 45.85%. The firm had revenue of $960.00 million during the quarter, compared to analyst estimates of $961.61 million. During the same period last year, the company earned ($0.07) earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. research analysts forecast that Noble Energy will post -0.05 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Monday, November 6th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Friday, November 3rd. Noble Energy’s payout ratio is currently -10.03%.
In other Noble Energy news, VP Gary W. Willingham acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were bought at an average price of $26.00 per share, for a total transaction of $780,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas J. Edelman sold 300,000 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $27.83, for a total value of $8,349,000.00. The disclosure for this sale can be found here. 2.28% of the stock is owned by company insiders.
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.
Receive News & Ratings for Noble Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.