Noble Energy Inc.s in-depth stock price analysis indicates that the stock price has rallied 11.06% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.99% . Looking at the past 52 week period, the stock price is up at 35.29% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Noble Energy Inc. has a positive value of 21.17 compared to overall market. Noble Energy Inc. (NYSE:NBL) has tumbled 3.55% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.96% in the last four weeks. The stocks have underperformed the S&P 500 by 4.33% during the past week but Noble Energy Inc. (NYSE:NBL) it has outperformed the index in 4 weeks by 2.1%.
Noble Energy Inc. (NYSE:NBL) : On Friday heightened volatility was witnessed in Noble Energy Inc. (NYSE:NBL) which led to swings in the share price. The stock opened for trading at $38.95 and hit $39.29 on the upside , eventually ending the session at $38.87, with a gain of 1.25% or 0.48 points. The heightened volatility saw the trading volume jump to 3,083,591 shares. The 52-week high of the share price is $42.03 and the company has a market cap of $16,761 million. The 52-week low of the share price is at $26.705 .
Noble Energy Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $-0.23. The company had revenue of $910.00 million for the quarter, compared to analysts expectations of $992.41 million. The companys revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Jan 18, 2017 to Buy, Raises Price Target to $ 47 from a previous price target of $37 .Company shares were Upgraded by Seaport Global Securities on Jan 17, 2017 to Neutral, Raises Price Target to $ 36 from a previous price target of $33 .Noble Energy was Downgraded by Seaport Global Securities to Sell on Dec 9, 2016. Noble Energy was Downgraded by Seaport Global Securities on Nov 17, 2016 to Neutral, Lowers Price Target to $ 38 from a previous price target of $45 .
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Michael A Cawley (director) sold 3,000 shares at 39.51 per share price.On Feb 1, 2017, David L Stover (President, CEO & Director) sold 48,610 shares at 39.63 per share price.On Jan 9, 2017, Edward F Cox (director) sold 10,000 shares at 37.76 per share price.
Noble Energy, the parent company of Samedan Oil Corporation, Noble Gas Marketing, Inc. and Noble Trading, Inc., is one of the nations leading independent energy companies. Noble Energy operates throughout major basins in the United Stated including the Gulf of Mexico, as well as internationally, in Argentina, China, Ecuador, Equatorial Guinea, the Mediterranean Sea, the North Sea and Vietnam.