Shares of Noble Energy (NBL) Sees Large Inflow of Net Money Flow

Noble Energy (NBL) : On Friday, The money flowed into the Noble Energy (NBL) stock with an uptick to downtick ratio was recorded at 1.24. Transactions worth $14.09 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $11.39 million. The total money flow into the stock was $2.71 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.1 million of block transactions on upticks. The total money flow in block trades was $1.1 million. In terms of price action, Noble Energy (NBL) traded down $0.22 during the session at $35.03. Compared to the previous days closing, the stock was down only by -0.62%. For the week, the stock is -4.81%, over previous weeks closing.


Noble Energy (NBL) has been rated by 22 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $51 and the lowest price target forecast is $33. The average forecast of all the analysts is $42.91 and the expected standard deviation is $4.69.

Noble Energy (NYSE:NBL): On Fridays trading session , Opening price of the stock was $35.45 with an intraday high of $35.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $34.77. However, the stock managed to close at $35.03, a loss of 0.62% for the day. On the previous day, the stock had closed at $35.25. The total traded volume of the day was 2,636,017 shares.

In a related news, The Securities and Exchange Commission has divulged that Edelman Thomas J, Director of NOBLE ENERGY INC, had unloaded 12,000 shares at an average price of $35.09 in a transaction dated on June 24, 2016. The total value of the transaction was worth $421,080.

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.

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