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 Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $33.62 per share for a total value of $403,440.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 15, 2016, Jeffrey L Berenson (director) sold 10,000 shares at $34.05 per share price.On Aug 16, 2016, James E Craddock (director) sold 32,662 shares at $35.26 per share price.Also, On Aug 16, 2016, Terry R. Gerhart (SVP Global Operations Services) sold 7,918 shares at $35.01 per share price.On Jun 27, 2016, Thomas J Edelman (director) sold 12,000 shares at $35.09 per share price.

Noble Energy: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Noble Energy which led to swings in the share price. The shares opened for trading at $34.49 and hit $34.67 on the upside , eventually ending the session at $34.03, with a gain of 0.32% or 0.11 points. The heightened volatility saw the trading volume jump to 25,14,443 shares. The 52-week high of the share price is $39.85 and the company has a market cap of $14,622 M . The 52-week low of the share price is at $23.77.

Noble Energy Money Flow Index Chart

Company has been under the radar of several Street Analysts.Noble Energy is Upgraded by Citigroup to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jul 7, 2016.Noble Energy is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $44 .The Rating was issued on Jul 6, 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.

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