Insider Activity to Watch: Noble Energy Inc. $NBL

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Noble Energy Inc. (NYSE:NBL) insider have most recently took part in a trading activity. On Nov 29, 2017 Willingham Gary W., Exec. VP Operations bought 30,000 shares having total worth of $780,000 at the price of $26 per share, following the transaction a total of 184,719 shares owned by Willingham Gary W..

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 sell activities .Furthermore, over the past 12 months , the stock was traded 15 times by insiders. In 15 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 2 -8.7%
12 Month 0 15 -29.73%

Shares of Noble Energy Inc. (NYSE:NBL) traded up 0.23% on Nov 29, 2017, hitting $25.91. 3,973,306 shares of the company’s stock traded hands. Noble Energy Inc. has a 52 week low of $23.02 and a 52 week high of $41.64. The company’s market cap is $14,260 million.

Noble Energy Inc. (NYSE:NBL) last announced its earnings results on Oct 30, 2017. The company reported -0.02 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.12 by $0.1. The company had revenue of $960 million for the quarter, compared to the consensus estimate of $932 million. During the same quarter in the previous year, the company posted -0.07 earnings per share. The company’s revenue for the quarter was up 5% on a year-over-year basis.

2017-10-30 2017-08-03 2017-05-01 2017-02-13 2016-11-01 2016-08-03 2016-05-04 2016-02-17 2015-11-02 2015-08-03
earnings per share -0.02 0.05 -0.05 0.26 -0.07 -0.24 -0.53 0.44 -0.21 0.26
Revenue(M) 960 1059 1036 1010 910 847 724 846 801 730

Noble Energy, Inc. is a Delaware corporation, formed in 1969, that has been publicly traded on the New York Stock Exchange since 1980. It is an independent energy company that has been engaged in the acquisition, exploration, development, production and marketing of crude oil, natural gas, and natural gas liquids since 1932. It operates mainly in the Rocky Mountains, Mid-continent, and deep water Gulf of Mexico areas in the US, with key international operations offshore Israel, the North Sea and West Africa. The Company searches for crude oil and natural gas properties, seek to acquire exploration rights in areas of interest and conduct exploratory activities. These activities include geophysical and geological evaluation and exploratory drilling, where appropriate, on properties for which it has acquired exploration rights. The properties consist mainly of interests in developed and undeveloped crude oil and natural gas leases and concessions. It also owns natural gas processing plants and natural gas gathering and other crude oil and natural gas related pipeline systems which are mainly used in the processing and transportation of its crude oil, natural gas and NGL production. The Company encounters competition from other crude oil and natural gas companies in all areas of operations. Its competitors include major integrated crude oil and natural gas companies, state-controlled national oil companies, independent crude oil and natural gas companies, service companies engaging in exploration and production activities, drilling partnership programs, private equity, and individuals. The Company’s business is subject to laws and regulations promulgated by international, federal, state and local authorities relating to the exploration for, and the development, production and marketing of, crude oil and natural gas, as well as safety matters.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.