Noble Energy, Inc. (NYSE:NBL) registered a 0.10% increase, still its new closing price is 52.05% up from the company’s 1 year high of 42.03.It posted 0.15% gains in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 37 stock analysts following this company have an average price target at $46.91, with individual PT in the $35.00-$66.00 range. The shares moved at $40.27, implying that brokerage firms see shares gaining about 31.54% in twelve months time.
Noble Energy, Inc. (NBL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 5.81% rise year to date. A Director at Noble Energy, Inc. (NBL) offloaded shares in a transaction closed on Monday January 09, 2017. COX EDWARD F sold 10,000 shares in the company at $37.76 each and collected $377,001 in proceeds. COX EDWARD F now owns 63,396 shares in the company after this transaction. A Sr. VP Gen. Counsel & Sec. in the company, JOHNSON ARNOLD J, disclosed a transaction on Wednesday December 14, 2016 that ended up generating $1,029,000 from the sale of 24,505 shares at $42 per share.
Noble Energy, Inc. (NYSE:NBL) Upcoming Results on Tap
Noble Energy, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.16 in that period. Sales during the quarter are predicted to arrive at $1.03 billion.
Earnings surprise history: Last quarter, the company posted approximately $910 million in revenue and EPS of $-0.07. The mean forecast was for $980.63 million and $-0.23 a share, respectively. One quarter earlier, revenue for the stock was at $847 million, with earnings at $-0.24/share.
Noble Energy, Inc. (NBL) Brokerage Update
Noble Energy, Inc. (NBL) is in Seaport Global Securities’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Sell by Seaport Global Securities, according to news reported on Tuesday January 17, 2017.Another important research note was issued by Seaport Global Securities on Friday December 09, 2016.The firm downgraded NBL to Sell from Neutral. Over the last six months and over the last three months, the shares of Noble Energy, Inc. (NBL), have changed 14.95% and 14.94%, respectively.