Noble Energy Inc (NBL) Files Form 4 Insider Selling : Thomas J Edelman Sells 12,000 Shares

Noble Energy Inc (NBL): Thomas J Edelman , director of Noble Energy Inc sold 12,000 shares on Jun 24, 2016. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $35.09 per share for a total value of $421,080.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 29, 2016, Thomas J Edelman (director) sold 12,000 shares at $29.69 per share price.On Mar 8, 2016, Michael A Cawley (director) sold 7,000 shares at $32.35 per share price.Also, On Jan 28, 2016, Kleef William T Van (director) sold 7,366 shares at $31.37 per share price.On Jan 28, 2016, Arnold J Johnson (Sr. VP Gen. Counsel & Sec.) sold 25,142 shares at $29.09 per share price.

Shares of Noble Energy (NBL) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -1.86 points or -5.03% at $35.09 with 37,65,206 shares getting traded. Post opening the session at $35.05, the shares hit an intraday low of $34.875 and an intraday high of $35.97 and the price vacillated in this range throughout the day. The company has a market cap of $15,074 M and the number of outstanding shares has been calculated to be 42,95,92,260 shares. The 52-week high of Noble Energy is $45.3 and the 52-week low is $23.77.

Noble Energy Money Flow Index Chart

Company has been under the radar of several Street Analysts.Noble Energy is Initiated by Credit Agricole to Outperform. The Rating was issued on Jun 22, 2016.Noble Energy is Resumed by Piper Jaffray to Overweight. The Rating was issued on Jun 8, 2016.Noble Energy is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $37 .The Rating was issued on Jun 8, 2016.Noble Energy is Upgraded by Seaport Global Securities to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 7, 2016.Noble Energy is Upgraded by Sterne Agee CRT to Buy and the brokerage firm has set the Price Target at $47. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 25, 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.

Leave a Reply

Noble Energy - Is it time to Sell?

Top Brokerage Firms are advising their investors on Noble Energy. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.