Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and natural gas worldwide. More Details
Slightly overvalued with weak fundamentals.
Share Price & News
How has Noble Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBL's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: NBL underperformed the US Oil and Gas industry which returned -47.3% over the past year.
Return vs Market: NBL underperformed the US Market which returned 16.7% over the past year.
Price Volatility Vs. Market
How volatile is Noble Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Is Noble Energy's (NASDAQ:NBL) CEO Paid Relative To Peers?
3 months ago | Simply Wall StIs Noble Energy, Inc. (NASDAQ:NBL) At Risk Of Cutting Its Dividend?
4 months ago | Simply Wall StIs Noble Energy (NASDAQ:NBL) Using Too Much Debt?
Is Noble Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NBL ($8.46) is trading below our estimate of fair value ($11.17)
Significantly Below Fair Value: NBL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NBL is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: NBL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NBL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBL is overvalued based on its PB Ratio (1x) compared to the US Oil and Gas industry average (0.8x).
How is Noble Energy forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NBL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NBL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NBL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NBL's revenue (6.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: NBL's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NBL's Return on Equity is forecast to be low in 3 years time (1.3%).
How has Noble Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBL is currently unprofitable.
Growing Profit Margin: NBL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NBL is unprofitable, and losses have increased over the past 5 years at a rate of 16% per year.
Accelerating Growth: Unable to compare NBL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NBL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-38%).
Return on Equity
High ROE: NBL has a negative Return on Equity (-116.15%), as it is currently unprofitable.
How is Noble Energy's financial position?
Financial Position Analysis
Short Term Liabilities: NBL's short term assets ($1.0B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: NBL's short term assets ($1.0B) do not cover its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: NBL's debt to equity ratio (163%) is considered high.
Reducing Debt: NBL's debt to equity ratio has increased from 51.6% to 163% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NBL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NBL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Noble Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NBL's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: NBL's dividend (0.95%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Stability and Growth of Payments
Stable Dividend: NBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: NBL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: NBL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NBL's dividends in 3 years are not forecast to be well covered by earnings (1566.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Stover (62 yo)
Mr. David L. Stover, also known as Dave, has been the Chairman of Noble Energy, Inc., since April 2015 and has been its Chief Executive Officer since October 21, 2014. He served as President at Noble Energ ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD13.04M) is above average for companies of similar size in the US market ($USD5.72M).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
|Chairman & CEO||6yrs||US$13.04m||0.15% |
|President & COO||1.92yrs||US$7.13m||0.059% |
|Executive VP & CFO||10.92yrs||US$4.50m||0.036% |
|Senior VP||2.42yrs||US$3.16m||0.018% |
|Senior Vice President of Offshore||7.5yrs||US$3.02m||0.021% |
|Senior Vice President of Midstream||5yrs||no data||0.0042% |
|VP, Chief Accounting Officer & Controller||8.67yrs||no data||0.0087% |
|Senior Vice President of Human Resources||1.25yrs||no data||0.0095% |
|Vice President of Investor Relations||no data||no data||no data|
|Vice President of Communications & Government Relations||no data||no data||no data|
|Senior Vice President of Corporate Development||7.5yrs||no data||0.021% |
|Senior Vice President Midstream||0.75yr||no data||no data|
Experienced Management: NBL's management team is seasoned and experienced (5.5 years average tenure).
|Chairman & CEO||6yrs||US$13.04m||0.15% |
|Independent Director||15.42yrs||US$331.77k||0.70% |
|Independent Director||14.92yrs||US$349.77k||0.026% |
|Independent Director||15.42yrs||US$334.77k||0.016% |
|Independent Director||0.83yr||US$217.13k||0.0045% |
|Independent Director||2.42yrs||US$325.07k||0.0054% |
|Independent Director||3yrs||US$310.77k||0.0085% |
|Independent Director||5.25yrs||US$346.77k||0.022% |
|Lead Independent Director||1.5yrs||US$363.44k||0.015% |
Experienced Board: NBL's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Noble Energy, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Noble Energy, Inc.
- Ticker: NBL
- Exchange: NasdaqGS
- Founded: 1932
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$4.059b
- Shares outstanding: 479.77m
- Website: https://www.nblenergy.com
Number of Employees
- Noble Energy, Inc.
- 1001 Noble Energy Way
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NBL||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1972|
|NB6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
|0K8E||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 1972|
|NBL *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 1972|
|N1BL34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and natural gas worldwide. The company also owns, operates, develops, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/06 00:54|
|End of Day Share Price||2020/10/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.