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HOUSTON (AP) _ Noble Energy Inc. (NBL) on Monday reported a third-quarter loss of $283 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 67 cents per share. Losses, adjusted for non-recurring costs, came to 21 cents per share.
The results missed Wall Street expectations. The average estimate of 28 analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The oil and gas company posted revenue of $801 million in the period, which also did not meet Street forecasts. Twenty-seven analysts surveyed by Zacks expected $952.2 million.
Noble shares have declined 24 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 1 percent. The stock has decreased 38 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBL at http://www.zacks.com/ap/NBL
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Keywords: Noble Energy, Earnings Report
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Noble Energy
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CODE : NBL |
ISIN : US6550441058 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Noble Energy is a producing company based in United states of america. Noble Energy is listed in United States of America. Its market capitalisation is US$ 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. |