Headlines about Noble Energy (NYSE:NBL) have trended positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Noble Energy earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the oil and gas development company an impact score of 47.4891796462491 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 media headlines that may have impacted Accern’s scoring:
- Why Noble Midstream Partners Could Be Top-Performing MLP in 2018 (finance.yahoo.com)
- 3 Big Stock Charts This Afternoon: Anadarko Petroleum, Noble Energy and Exxon Mobil (investorplace.com)
- Noble Energy, Inc. (NBL) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- $1.14 Billion in Sales Expected for Noble Energy, Inc. (NBL) This Quarter (americanbankingnews.com)
- Noble Energy Target of Unusually Large Options Trading (NBL) (americanbankingnews.com)
NBL has been the topic of several research analyst reports. Stifel Nicolaus set a $41.00 target price on shares of Noble Energy and gave the stock a “buy” rating in a report on Tuesday, November 28th. Royal Bank of Canada set a $36.00 target price on shares of Noble Energy and gave the stock a “buy” rating in a report on Wednesday, December 20th. Piper Jaffray Companies reissued a “buy” rating and issued a $41.00 target price on shares of Noble Energy in a report on Tuesday. Cowen set a $40.00 target price on shares of Noble Energy and gave the stock a “buy” rating in a report on Sunday, December 10th. Finally, Credit Suisse Group initiated coverage on shares of Noble Energy in a report on Monday, December 11th. They issued an “outperform” rating and a $35.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and nineteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $39.47.
Noble Energy (NYSE:NBL) last announced its quarterly earnings results on Monday, October 30th. The oil and gas development company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.11. Noble Energy had a negative net margin of 45.85% and a positive return on equity of 1.06%. The company had revenue of $960.00 million for the quarter, compared to analysts’ expectations of $961.61 million. During the same quarter in the previous year, the business posted ($0.07) earnings per share. Noble Energy’s quarterly revenue was up 5.5% on a year-over-year basis. analysts anticipate that Noble Energy will post -0.01 earnings per share for the current year.
In other Noble Energy news, CEO David L. Stover purchased 19,000 shares of Noble Energy stock in a transaction that occurred on Monday, December 18th. The shares were bought at an average price of $26.31 per share, for a total transaction of $499,890.00. Following the completion of the transaction, the chief executive officer now owns 727,254 shares of the company’s stock, valued at approximately $19,134,052.74. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas J. Edelman sold 300,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $27.83, for a total transaction of $8,349,000.00. The disclosure for this sale can be found here. Insiders sold 518,787 shares of company stock worth $14,283,745 in the last 90 days. 2.28% of the stock is currently 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.
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