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Noble Energy (Noble Energy) EV-to-EBIT : -2.24 (As of Apr. 25, 2024)


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What is Noble Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble Energy's Enterprise Value is $12,619 Mil. Noble Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2020 was $-5,626 Mil. Therefore, Noble Energy's EV-to-EBIT for today is -2.24.

The historical rank and industry rank for Noble Energy's EV-to-EBIT or its related term are showing as below:

NBL' s EV-to-EBIT Range Over the Past 10 Years
Min: -40.78   Med: -2.49   Max: 43.74
Current: -2.24

During the past 13 years, the highest EV-to-EBIT of Noble Energy was 43.74. The lowest was -40.78. And the median was -2.49.

NBL's EV-to-EBIT is not ranked
in the Oil & Gas industry.
Industry Median: 8.475 vs NBL: -2.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noble Energy's Enterprise Value for the quarter that ended in Jun. 2020 was $12,818 Mil. Noble Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2020 was $-5,626 Mil. Noble Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was -43.89%.


Noble Energy EV-to-EBIT Historical Data

The historical data trend for Noble Energy's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noble Energy EV-to-EBIT Chart

Noble Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.80 -15.65 -11.43 36.95 -12.40

Noble Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.83 -25.55 -12.40 -2.07 -2.23

Competitive Comparison of Noble Energy's EV-to-EBIT

For the Oil & Gas E&P subindustry, Noble Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noble Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Noble Energy's EV-to-EBIT falls into.



Noble Energy EV-to-EBIT Calculation

Noble Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12619.140/-5626
=-2.24

Noble Energy's current Enterprise Value is $12,619 Mil.
Noble Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,626 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noble Energy  (NAS:NBL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Noble Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2020 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2020 ) =EBIT / Enterprise Value (Q: Jun. 2020 )
=-5626/12817.73024
=-43.89 %

Noble Energy's Enterprise Value for the quarter that ended in Jun. 2020 was $12,818 Mil.
Noble Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,626 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noble Energy EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Noble Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Noble Energy (Noble Energy) Business Description

Traded in Other Exchanges
N/A
Address
1001 Noble Energy Way, Houston, TX, USA, 77070
Noble Energy is an independent oil and gas producer with key assets in the U.S., Israel, and West Africa. At the end of 2019, the company reported net proven reserves of 2.05 billion barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2019, at a ratio of 57% oil and natural gas liquids and 43% natural gas.
Executives
Christine M Michel officer: SVP, HR & Administration 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Rachel G Clingman officer: SVP, General Counsel/Corp Sec 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Thomas Hodge Walker officer: Sr. VP U.S. Onshore 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
J. Keith Elliott officer: Sr. VP Offshore NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Dustin A. Hatley officer: VP, Chief Accounting Officer NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Scott D Urban director NOBLE ENERGY, INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Van Kleef William T director
David L Stover director, officer: CEO & Director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Jeffrey L Berenson director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Barbara J Duganier director 6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Robin H Fielder officer: SVP, Midstream 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Brent J Smolik officer: President & COO 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
John T. Lewis officer: Sr. VP Corporate Development NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Kenneth M. Fisher officer: Exec. VP & CFO C/O CHAMPIONX CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4 FL12, THE WOODLANDS TX 77381