| Noble misses Street 3Q forecasts | |
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HOUSTON (AP) _ Noble Energy Inc. (NBL) on Tuesday reported earnings of $419 million in its third quarter.
The Houston-based company said it had profit of $1.12 per share. Earnings, adjusted for non-recurring gains, came to 28 cents per share.
The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.
The oil and gas company posted revenue of $1.27 billion in the period, which also missed Street forecasts. Analysts expected $1.29 billion, according to Zacks.
Noble shares have declined 17 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 6 percent. The stock has decreased 26 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. NBL stock research report from Zacks.
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Keywords:Noble,Earnings Report
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Noble Energy
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CODE : NBL |
ISIN : US6550441058 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Noble Energy is a and oil producing company based in United states of america. Noble Energy is listed in United States of America. Its market capitalisation is US$ 4.9 billions as of today (€ 4.1 billions). Its stock quote reached its highest recent level on May 09, 2008 at US$ 97.39, and its lowest recent point on August 31, 2020 at US$ 10.00. Noble Energy has 492 191 992 shares outstanding. |