Positive News Coverage Somewhat Unlikely to Impact Noble Energy (NBL) Stock Price

News stories about Noble Energy (NYSE:NBL) have been trending positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, 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 news articles about the oil and gas development company an impact score of 47.4891796462491 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

Noble Energy (NYSE:NBL) opened at $29.20 on Friday. Noble Energy has a 12 month low of $22.99 and a 12 month high of $40.57. The stock has a market cap of $14,208.92, a price-to-earnings ratio of 121.67 and a beta of 1.14. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 0.95.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 12th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Friday, February 9th. Noble Energy’s dividend payout ratio (DPR) is -10.03%.

Several equities research analysts have issued reports on NBL shares. Stifel Nicolaus set a $41.00 price target on shares of Noble Energy and gave the company a “buy” rating in a research note on Tuesday, November 28th. Royal Bank of Canada set a $36.00 price objective on shares of Noble Energy and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Piper Jaffray Companies reiterated a “buy” rating and issued a $41.00 price target on shares of Noble Energy in a research note on Tuesday, January 9th. Cowen set a $40.00 price target on shares of Noble Energy and gave the company a “buy” rating in a research note 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 price objective for the company. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $39.89.

In other news, VP Gary W. Willingham purchased 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were bought at an average cost of $26.00 per share, with a total value of $780,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas J. Edelman sold 300,000 shares of the firm’s stock in a transaction dated 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. 2.28% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION NOTICE: “Positive News Coverage Somewhat Unlikely to Impact Noble Energy (NBL) Stock Price” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://www.dispatchtribunal.com/2018/02/04/noble-energy-nbl-earning-favorable-news-coverage-report-finds.html.

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.

Insider Buying and Selling by Quarter for Noble Energy (NYSE:NBL)

Receive News & Ratings for Noble Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply