Noble Energy Financials

Noble Energy Stock Summary

Noble Energy competes with Renesas Electronics, Jabil Circuit, Amkor Technology, Allient, and BK Technologies. Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and natural gas worldwide. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas. Noble Energy operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 2282 people.

Noble Energy Key Financial Ratios

Generally speaking, Noble Energy's financial ratios allow both analysts and investors to convert raw data from Noble Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Noble Energy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Noble Energy reports annually and quarterly.

Noble Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Noble Energy's current stock value. Our valuation model uses many indicators to compare Noble Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noble Energy competition to find correlations between indicators driving Noble Energy's intrinsic value. More Info.Noble Energy is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Noble Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Noble Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Noble Energy's earnings, one of the primary drivers of an investment's value.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Noble Energy information on this page should be used as a complementary analysis to other Noble Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

If you are still planning to invest in Noble Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Noble Energy's history and understand the potential risks before investing.