Is Noble Energy, Inc. (NBL) In For Another Earnings Surprise?

Author

26 May, 2017

The firm now has $5.00 target price on the oil and gas company's stock, up from their previous target price of $4.35. For the outlook of the current financial quarter, Analysts think the firm will post -0.09 earnings per share. The company has market cap of $247.44 million.

Beta factor of the stock stands at 0.56. The Average Volume of the company is 5.52 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 53.58. It has outperformed by 12.24% the S&P500. Mraz Amerine & Associates Inc. boosted its position in Noble by 1.3% in the third quarter. Schaper Benz Wise Investment Counsel Incorporated Wi invested in 173,965 shares or 1.17% of the stock. The hedge fund held 112,545 shares of the oil & gas production company at the end of 2016Q4, valued at $4.28 million, up from 475 at the end of the previous reported quarter. (NASDAQ:PBCT) was trading -15.85% below its 52-week high and +22.75% above its 52-week low. The stock declined 0.98% or $0.31 reaching $30.78 on the news. The shares are at this time trading -3.08% less than its SMA 50 and 0.29% top of its SMA 200. Noble Energy, Inc. (NYSE:NBL) has declined 10.36% since May 24, 2016 and is downtrending.

Investors sentiment decreased to 1.1 in Q4 2016. It has a dividend yield of 1.30%. It dived, as 36 investors sold NBL shares while 174 reduced holdings.

The number of shares now held by investors is 487 Million.

Doug Leggate of Merrill Lynch noted that Noble's recent sale of its Marcellus midstream assets looks fair, but he also noted that the sale now takes Noble's total asset sales in 2017 to nearly $2 billion, roughly twice of the sales that Noble's management had targeted. (NYSE:NBL) or 68,910 shares. First Personal Fin Service reported 0% stake. Old Mutual Customised Solutions (Proprietary) Ltd owns 16,100 shares or 0.11% of their U.S. portfolio.

Among 24 analysts covering Noble Energy Inc. Sei invested in 1.18M shares. STOVER DAVID L sold $1.93 million worth of Noble Energy, Inc. Yhb Investment, Connecticut-based fund reported 61,068 shares.

Merrill Lynch resumed coverage of Noble Energy Inc. (NYSE:NBL). State Bank Of America Corp De reported 0.01% of its portfolio in Noble Energy, Inc. The 52-week range of the share price is from $10.35 - $18.42.

The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years. Five research analysts have rated the stock with a sell rating, sixteen have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 71% are positive. Equities analysts predict that Noble will post ($1.25) EPS for the current fiscal year. Prudential Fincl has invested 0.07% in Noble Energy, Inc. (NYSE:NBL) has "Neutral" rating given on Monday, September 14 by Citigroup. TheStreet cut Noble from a c- rating to a d rating in a research report on Tuesday, February 14th. The firm earned "Overweight" rating on Thursday, July 14 by Barclays Capital. The firm earned "Top Pick" rating on Tuesday, October 27 by Cowen & Co. (NYSE:NBL) shares were sold by JOHNSON ARNOLD J. (NYSE:NBL). Bbt Capital Mngmt Ltd Com holds 0.33% of its portfolio in Noble Energy, Inc. (NYSE:NBL) is 62. The Q.i. Deutsche Bank has "Buy" rating and $41 target. 03, 2017, but are collecting gains at -16.12% for the past six months. (NYSE:NBL) for 728,036 shares. The stock of Noble Energy, Inc.

Noble (NYSE:NE) last announced its quarterly earnings results on Thursday, May 4th. 4812161 shares were traded on Noble Energy Inc.'s last session.

05/02/2017 - Evercore ISI began new coverage on Noble Energy Inc. giving the company a " rating. The beloved Permian Basin was also talked up for Noble Energy.

Since December 1, 2016, it had 0 insider purchases, and 13 sales for $12.09 million activity. (NYSE:NBL) shares. VAN KLEEF WILLIAM T sold $400,000 worth of stock. (NYSE:NBL) on Monday, January 30. 7,480 shares were sold by Putnam Michael W., worth $299,200 on Thursday, December 1. The FCF Growth of Noble Energy, Inc.

Shares of Noble (NYSE:NE) opened at 4.60 on Tuesday. On Monday, January 9 the insider COX EDWARD F sold $377,600. Advisor Group Inc. now owns 15,989 shares of the oil and gas company's stock worth $102,000 after buying an additional 8,472 shares during the last quarter. The other 7, though not evenly; between analysts who think you should buy LendingClub Corporation (NYSE:LC) versus those who think you should sell it. The Gap Inc. had 121 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies has "Hold" rating and $38 target. The company was maintained on Friday, August 19 by Nomura. Equity research analysts have forecasted the stock level. As per Tuesday, November 3, the company rating was maintained by Stifel Nicolaus.


More news


  • Trump angry at NATO allies for not spending enough on defense

    The US President was walking with other world leaders at when he seemed to forcibly push aside Dusko Markovic . The president was critical of both organizations during his run for the White House .
    Guardian Reporter Alleges Assault By US House Candidate Greg Gianforte

    Guardian Reporter Alleges Assault By US House Candidate Greg Gianforte

    Gianforte was making one of his last campaign stops in Bozeman before the special congressional election set for tomorrow . Shane Scanlon, a spokesperson for Gianforte's campaign, released a statement saying Jacobs was, in fact, the aggressor.
    Lakers Rumors: Three routes the Lakers can take with the second pick

    Lakers Rumors: Three routes the Lakers can take with the second pick

    Los Angeles reportedly wants Fox and Ball to have a head-to-head workout for them, according to Jonathan Givony of DraftExpress. The Celtics will go from No. 1 seed to No. 1 pick after their 25 percent chance of winning came through Tuesday night.
  • Priyanka Chopra is excited about Baywatch release

    Priyanka Chopra is excited about Baywatch release

    Many publications are in agreement that Priyanka was underused in the film, but commanded attention in the few scenes she was in. These characters aren't purely decorative, but their wet suits are definitely more fleshed out than their personalities.
    Senate intelligence panel to subpoena 2 Flynn companies

    Senate intelligence panel to subpoena 2 Flynn companies

    The committee is investigating Russia's campaign meddling and possible ties to President Donald Trump's associates. Coats sidestepped the question but did not deny that Trump made the request.
    Trump says he never mentioned Israel in Russia meeting

    Trump says he never mentioned Israel in Russia meeting

    On Tuesday, he is set to meet with Palestinian lead Mahmoud Abbas in the West Bank and deliver a speech at the Israeli Museum. Rohani also defended Iran's ballistic-missile program, which has been heavily criticized by the Trump administration.
  • Melania Trump wears white (forget red and blue)

    Melania Trump wears white (forget red and blue)

    The moment happened when FLOTUS and POTUS arrived in Rome for their first audience with Pope Francis at the Vatican . A banner hung in the city said "the city of peace welcomes the man of peace" along with photos of Abbas and Trump.
    Britain 'furious' over U.S.  leaks on Manchester attack

    Britain 'furious' over U.S. leaks on Manchester attack

    Police talk to people affected by the deadly terror attack at Manchester Arena in Manchester , northwest England on May 23, 2017 . It comes after NBC News cited U.S. officials as saying the bomber's family had warned security services that he was "dangerous".
    American Capital Agency Corp. (NASDAQ:AGNC) Reviewed By Analysts

    American Capital Agency Corp. (NASDAQ:AGNC) Reviewed By Analysts

    Similarly, investors should look for VOYA to open 0.03% lower in price and for AGNC to open 0.87% lower, all else being equal. James Investment Research Inc. bought a new stake in shares of AGNC Investment Corp during the first quarter worth $148,000.
  • Ex-CIA director says he warned Russia

    Ex-CIA director says he warned Russia

    Brennan was testifying Tuesday before the House intelligence committee about Russian meddling in the 2016 presidential election. The probe has intensified in recent weeks and identified a current White House official as a significant person of interest.
    Why Ivanka, Melania Trump covered up in Rome but not Saudi Arabia

    Why Ivanka, Melania Trump covered up in Rome but not Saudi Arabia

    Melania also stunned many viewers when she opened a Trump rally with the Lord's Prayer in February. Trump became a Catholic. "Presidents who win the white Catholic vote win the White House".

    Maduro pushes ahead with his 'constituent' congress

    That system could skew even a nation overwhelmingly frustrated with Maduro's government in its favor, analysts said. Leon said while the call for the special assembly election was not a surprise, the regional election date was.