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HOUSTON (AP) _ Noble Energy Inc. (NBL) on Monday reported a second-quarter loss of $109 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The oil and gas company posted revenue of $730 million in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $856.1 million.
Noble shares have fallen 26 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 2 percent. The stock has decreased 47 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBL at http://www.zacks.com/ap/NBL
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Keywords: Noble Energy, Earnings Report
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Noble Energy
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CODE : NBL |
ISIN : US6550441058 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Noble Energy is a producing company based in United states of america. Noble Energy is listed in United States of America. Its market capitalisation is US$ 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. |