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119.07 (1y: +41%)
Market Cap 21.72 B P/E(ttm) 21.10
Enterprise Value 24.19 B P/B 2.58
NBL- NYSE (USA)
Noble Energy Inc
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$119.07
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.367
NBL's Cash to Debt is ranked higher than
52% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.80 vs. NBL: 0.367 )
NBL' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.5
Current: 0.37
0.01
0.5
Equity to Asset 0.434
NBL's Equity to Asset is ranked lower than
64% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.59 vs. NBL: 0.434 )
NBL' s 10-Year Equity to Asset Range
Min: 0.25   Max: 0.47
Current: 0.43
0.25
0.47
Interest Coverage 11.3
NBL's Interest Coverage is ranked higher than
56% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 34.95 vs. NBL: 11.3 )
NBL' s 10-Year Interest Coverage Range
Min: 2   Max: 34
Current: 11.3
2
34
F-Score: 6
Z-Score: 2.32
M-Score: -3.29
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 33.40
NBL's Operating margin (%) is ranked higher than
67% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.60 vs. NBL: 33.40 )
NBL' s 10-Year Operating margin (%) Range
Min: -2.5   Max: 51.7
Current: 33.4
-2.5
51.7
Net-margin (%) 24.3
NBL's Net-margin (%) is ranked higher than
65% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.45 vs. NBL: 24.3 )
NBL' s 10-Year Net-margin (%) Range
Min: -5.7   Max: 34.6
Current: 24.3
-5.7
34.6
ROE (%) 12.4
NBL's ROE (%) is ranked higher than
65% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.35 vs. NBL: 12.4 )
NBL' s 10-Year ROE (%) Range
Min: -2.1   Max: 22.5
Current: 12.4
-2.1
22.5
ROA (%) 5.9
NBL's ROA (%) is ranked higher than
63% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.55 vs. NBL: 5.9 )
NBL' s 10-Year ROA (%) Range
Min: -1.1   Max: 10.9
Current: 5.9
-1.1
10.9
ROC (Joel Greenblatt) (%) 11.30
NBL's ROC (Joel Greenblatt) (%) is ranked higher than
82% of the 428 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. NBL: 11.30 )
NBL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -0.7   Max: 25
Current: 11.3
-0.7
25
Revenue Growth (%) 15.1
NBL's Revenue Growth (%) is ranked lower than
67% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.10 vs. NBL: 15.1 )
NBL' s 10-Year Revenue Growth (%) Range
Min: -7.8   Max: 16.9
Current: 15.1
-7.8
16.9
EBITDA Growth (%) 37.5
NBL's EBITDA Growth (%) is ranked lower than
81% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.85 vs. NBL: 37.5 )
NBL' s 10-Year EBITDA Growth (%) Range
Min: -22.5   Max: 37.5
Current: 37.5
-22.5
37.5
ยป NBL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

NBL Guru Trades in Q2 2012

Jim Simons 352,000 sh (New)
Paul Tudor Jones 125,000 sh (New)
Chris Davis 41,595 sh (+69.66%)
Diamond Hill Capital 118,545 sh (+6.52%)
Mario Gabelli 2,500 sh (unchged)
Louis Moore Bacon Sold Out
NWQ Managers 3,030,076 sh (-1.65%)
Meridian Funds 437,950 sh (-2.05%)
PRIMECAP Management 6,598,447 sh (-19.48%)
Pioneer Investments 328,340 sh (-26.41%)
Steven Cohen 982,682 sh (-39.54%)
» More
Q3 2012

NBL Guru Trades in Q3 2012

Steven Cohen 1,642,839 sh (+67.18%)
Paul Tudor Jones 175,000 sh (+40%)
Diamond Hill Capital 121,993 sh (+2.91%)
Chris Davis 41,735 sh (+0.34%)
Meridian Funds 437,950 sh (unchged)
Mario Gabelli 2,500 sh (unchged)
Jim Simons Sold Out
Pioneer Investments 327,420 sh (-0.28%)
PRIMECAP Management 5,828,719 sh (-11.67%)
NWQ Managers 1,998,458 sh (-34.05%)
» More
Q4 2012

NBL Guru Trades in Q4 2012

Paul Tudor Jones 220,000 sh (+25.71%)
Diamond Hill Capital 137,136 sh (+12.41%)
Meridian Funds 437,950 sh (unchged)
Mario Gabelli 2,500 sh (unchged)
Paul Tudor Jones 100,000 sh (unchged)
Steven Cohen 1,615,377 sh (-1.67%)
PRIMECAP Management 5,689,900 sh (-2.38%)
Pioneer Investments 319,280 sh (-2.49%)
Chris Davis 40,360 sh (-3.29%)
NWQ Managers 1,152,096 sh (-42.35%)
» More
Q1 2013

NBL Guru Trades in Q1 2013

Ray Dalio 5,300 sh (New)
Scott Black 13,052 sh (New)
Diamond Hill Capital 146,478 sh (+6.81%)
Mario Gabelli 2,500 sh (unchged)
NWQ Managers Sold Out
Chris Davis 40,335 sh (-0.06%)
PRIMECAP Management 5,272,500 sh (-7.34%)
Steven Cohen 1,461,880 sh (-9.5%)
Pioneer Investments 285,900 sh (-10.45%)
Meridian Funds 382,950 sh (-12.56%)
Paul Tudor Jones 45,000 sh (-79.55%)
» More
» Details

Insider Trades

Latest Guru Trades with NBL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Scott Black 2013-03-31 New Buy0.19%$101.74 - $116.45 $ 119.078%13052
Ray Dalio 2013-03-31 New Buy0.01%$101.74 - $116.45 $ 119.078%5300
Ray Dalio 2012-03-31 Sold Out 0.02%$94.48 - $104.57 $ 119.0727%0
Meridian Funds 2011-12-31 Add 12.85%0.16%$68.57 - $98.38 $ 119.0734%447135
Ray Dalio 2011-12-31 Reduce -76.36%0.04%$68.57 - $98.38 $ 119.0734%12665
Mario Gabelli 2011-12-31 New Buy$68.57 - $98.38 $ 119.0734%2500
Ray Dalio 2011-09-30 Add 139.26%0.03%$70.25 - $99.68 $ 119.0738%53565
Mario Gabelli 2011-09-30 Sold Out 0.0016%$70.25 - $99.68 $ 119.0737%0
George Soros 2011-06-30 Sold Out $83.42 - $97.21 $ 119.0732%0
Meridian Funds 2011-03-31 Add 48.95%0.43%$82.34 - $98 $ 119.0734%457480
George Soros 2011-03-31 New Buy0.21%$82.34 - $98 $ 119.0734%180000
Meridian Funds 2010-12-31 Add 32.44%0.22%$75.74 - $87.16 $ 119.0746%307140
Mario Gabelli 2010-12-31 New Buy$75.74 - $87.16 $ 119.0746%2500
Meridian Funds 2010-09-30 Reduce -21.45%0.15%$61.88 - $77.09 $ 119.0771%231915
George Soros 2010-09-30 Sold Out 0.01%$61.88 - $77.09 $ 119.0771%0
George Soros 2010-06-30 New Buy0.01%$56.23 - $80.73 $ 119.0773%6000
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Noble Energy Inc

Delphi's Scott Black on Finding Cheap Stocks in an Expensive Market
April 3, 2013
Scott Black - Delphi's Scott Black On Finding Cheap Stocks In An Expensive Market
Delphi founder Scott Black discusses how to find cheap stocks in a pricey market. He specifically mentions Noble Energy (NBL) and Galub Capital (GBDC). Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 21.00
NBL's P/E(ttm) is ranked lower than
81% of the 428 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.10 vs. NBL: 21.00 )
NBL' s 10-Year P/E(ttm) Range
Min: 4.88   Max: 190.95
Current: 21
4.88
190.95
P/B 2.60
NBL's P/B is ranked lower than
80% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.32 vs. NBL: 2.60 )
NBL' s 10-Year P/B Range
Min: 1.07   Max: 3.68
Current: 2.6
1.07
3.68
P/S 5.02
NBL's P/S is ranked lower than
62% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.55 vs. NBL: 5.02 )
NBL' s 10-Year P/S Range
Min: 1.02   Max: 5.83
Current: 5.02
1.02
5.83
EV-to-EBIT 16.9
NBL's EV-to-EBIT is ranked lower than
75% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 15.22 vs. NBL: 16.9 )
NBL' s 10-Year EV-to-EBIT Range
Min: 2.3   Max: 381.4
Current: 16.9
2.3
381.4
PEG 2
NBL's PEG is ranked lower than
96% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.30 vs. NBL: 2 )
NBL' s 10-Year PEG Range
Min: 0.17   Max: 7.14
Current: 2
0.17
7.14
Shiller P/E 27.6
NBL's Shiller P/E is ranked lower than
86% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 19.33 vs. NBL: 27.6 )
NBL' s 10-Year Shiller P/E Range
Min: 8.99   Max: 50.9
Current: 27.6
8.99
50.9

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.84
NBL's Dividend Yield is ranked higher than
81% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.86 vs. NBL: 0.84 )
NBL' s 10-Year Dividend Yield Range
Min: 0.23   Max: 1.7
Current: 0.84
0.23
1.7
Dividend Payout 0.1787
NBL's Dividend Payout is ranked lower than
85% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.55 vs. NBL: 0.1787 )
NBL' s 10-Year Dividend Payout Range
Min: 0.04   Max: 0.52
Current: 0.18
0.04
0.52
Dividend growth (3y) 6
NBL's Dividend growth (3y) is ranked higher than
97% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -10.00 vs. NBL: 6 )
NBL' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 44.8
Current: 6
0
44.8
Yield on cost (5-Year) 1.16
NBL's Yield on cost (5-Year) is ranked higher than
84% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.54 vs. NBL: 1.16 )
NBL' s 10-Year Yield on cost (5-Year) Range
Min: 0.33   Max: 2.47
Current: 1.16
0.33
2.47
Share Buyback Rate -1
NBL's Share Buyback Rate is ranked lower than
52% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -6.60 vs. NBL: -1 )
NBL' s 10-Year Share Buyback Rate Range
Min: 0.9   Max: -11.7
Current: -1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 29.4
NBL's Price/Net Current Asset Value is ranked higher than
85% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 23.25 vs. NBL: 29.4 )
NBL' s 10-Year Price/Net Current Asset Value Range
Min: 11.7   Max: 34.4
Current: 29.4
11.7
34.4
Price/Tangible Book 2.8
NBL's Price/Tangible Book is ranked higher than
82% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.40 vs. NBL: 2.8 )
NBL' s 10-Year Price/Tangible Book Range
Min: 1.6   Max: 3.4
Current: 2.8
1.6
3.4
Price/DCF (Projected) 3.3
NBL's Price/DCF (Projected) is ranked higher than
97% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.10 vs. NBL: 3.3 )
NBL' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 2.9
Current: 3.3
0.9
2.9
Price/Median PS Value 1.7
NBL's Price/Median PS Value is ranked higher than
92% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.80 vs. NBL: 1.7 )
NBL' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.8
Current: 1.7
0.4
1.8
Price/Graham Number 1.7
NBL's Price/Graham Number is ranked higher than
90% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.00 vs. NBL: 1.7 )
NBL' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 3.4
Current: 1.7
0.7
3.4
Earnings Yield (Greenblatt) 5.90
NBL's Earnings Yield (Greenblatt) is ranked higher than
50% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.00 vs. NBL: 5.90 )
NBL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 43.2
Current: 5.9
0.3
43.2
Forward Rate of Return (Yacktman) -1.75
NBL's Forward Rate of Return (Yacktman) is ranked lower than
66% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -17.69 vs. NBL: -1.75 )
NBL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -8.2   Max: 36.7
Current: -1.75
-8.2
36.7

Business Description

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 deepwater 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
Company Website
SEC Reports
Industry: Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY
Traded in other countries:NB6.Germany
ยป More Articles for NBL

Headlines

Articles On GuruFocus.com
Delphi's Scott Black on Finding Cheap Stocks in an Expensive Market Apr 03 2013 
5 Strong Oil & Gas Stocks For 2012 Mar 25 2012 
5 Oil & Gas Profit Growth Kings Mar 09 2012 
Forget The CPI, Use This Index and Profit From This Sector Mar 05 2012 
David Tepper 5 New Buys: XOM, CVI, VLO, WR, GOOG Oct 29 2011 
Noble Energy Charles Davidson Said He is "Optimistic That We Will See Other Permitting in the Coming Mar 01 2011 
Weekly Top Insider Buys: KO, NBL, ED, FE, SCG Feb 27 2011 
Noble Energy Inc. (NBL) President & COO David L Stover sells 5,000 Shares Feb 01 2011 
Noble Energy Inc. (NBL) Chairman & CEO Charles D Davidson sells 52,000 Shares Nov 05 2010 
Noble Energy Inc. (NBL) President & COO David L Stover sells 5,000 Shares Nov 05 2010 

More From Our Partners
Noble Energy Hits 52-Week High - Analyst Blog May 20 2013 - ZACKS

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