Noble Energy (NBL) : National Investment Services Inc Wi scooped up 46,332 additional shares in Noble Energy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 25, 2016. The investment management firm now holds a total of 85,122 shares of Noble Energy which is valued at $2,966,502.Noble Energy makes up approximately 3.25% of National Investment Services Inc Wi’s portfolio.
Other Hedge Funds, Including , Shell Asset Management Co boosted its stake in NBL in the latest quarter, The investment management firm added 12,666 additional shares and now holds a total of 34,082 shares of Noble Energy which is valued at $1,187,758. Noble Energy makes up approx 0.03% of Shell Asset Management Co’s portfolio.Sumitomo Life Insurance Co reduced its stake in NBL by selling 774 shares or 3.69% in the most recent quarter. The Hedge Fund company now holds 20,214 shares of NBL which is valued at $745,694. Noble Energy makes up approx 0.10% of Sumitomo Life Insurance Co’s portfolio.Gateway Investment Advisers reduced its stake in NBL by selling 209 shares or 0.58% in the most recent quarter. The Hedge Fund company now holds 35,802 shares of NBL which is valued at $1,308,921. Noble Energy makes up approx 0.01% of Gateway Investment Advisers’s portfolio.Dnb Asset Management As reduced its stake in NBL by selling 910 shares or 2.43% in the most recent quarter. The Hedge Fund company now holds 36,544 shares of NBL which is valued at $1,314,853. Noble Energy makes up approx 0.03% of Dnb Asset Management As’s portfolio.
Noble Energy opened for trading at $34.81 and hit $35.79 on the upside on Friday, eventually ending the session at $35.72, with a gain of 1.39% or 0.49 points. The heightened volatility saw the trading volume jump to 38,14,625 shares. Company has a market cap of $15,345 M.
On the company’s financial health, Noble Energy reported $-0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 4, 2016. Analyst had a consensus of $-0.58. The company had revenue of $724.00 million for the quarter, compared to analysts expectations of $826.78 million. The company’s revenue was down -5.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on Noble Energy. Noble Energy was Upgraded by Citigroup to ” Buy” on Jul 7, 2016. Company shares were Reiterated by Wunderlich on Jul 6, 2016 to “Buy”, Firm has raised the Price Target to $ 45 from a previous price target of $44 .Noble Energy was Initiated by Credit Agricole to “Outperform” on Jun 22, 2016.
Noble Energy Inc. is an independent energy company engaged in crude oil natural gas and natural gas liquids exploration and production. Its operations are grouped into four components: the United States; West Africa (Equatorial Guinea Cameroon Gabon and Sierra Leone; Eastern Mediterranean (Israel and Cyprus) and Other International and Corporate. Its assets in the United States include DJ Basin Marcellus Shale Deepwater Gulf of Mexico and Other Onshore US. The onshore West Africa includes the Alba field Block O and Block I offshore Equatorial Guinea the YoYo mining concession and Tilapia PSC offshore Cameroon two blocks offshore Sierra Leone and one block offshore Gabon. In the Eastern Mediterranean it has six leases and five licenses operated offshore Israel and one license operated offshore Cyprus. Other International includes various international new ventures such as offshore Nicaragua and offshore Falkland Islands.