Noble Energy (NYSE:NBL) will announce its Q2 2013 earnings results before the market opens on Thursday, July 25th.
Noble Energy (NYSE:NBL) last announced its earnings results on Thursday, April 25th. The company reported $1.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.25 by $0.23. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the company posted $1.75 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts expect Noble Energy to post $3.52 EPS for the current fiscal year and $4.31 EPS for the next fiscal year.
Noble Energy (NYSE: NBL) opened at 65.18 on Wednesday. Noble Energy has a 1-year low of $41.685 and a 1-year high of $66.30. The stock’s 50-day moving average is currently $61.06. The company has a market cap of $23.334 billion and a price-to-earnings ratio of 22.93.
The company also recently declared a quarterly dividend, which is scheduled for Monday, August 19th. Stockholders of record on Monday, August 5th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.86%.
A number of research firms have recently commented on NBL. Analysts at Jefferies Group raised their price target on shares of Noble Energy from $41.00 to $43.00 in a research note to investors on Friday, July 19th. They now have a “hold” rating on the stock. On a related note, analysts at Mizuho initiated coverage on shares of Noble Energy in a research note to investors on Thursday, July 18th. They set a “neutral” rating and a $68.00 price target on the stock. Finally, analysts at Susquehanna raised their price target on shares of Noble Energy from $44.00 to $46.00 in a research note to investors on Wednesday, July 17th. They now have a “positive” rating on the stock.
One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. Noble Energy has a consensus rating of “Buy” and a consensus target price of $98.96.
Noble Energy, Inc (NYSE: NBL) is an independent energy company engaged in worldwide oil and gas exploration and production.