Nobel Energy has weathered the slide downward in oil and is now poised to do well going forward

  over a year ago at Macroaxis 
By David Taylor

Noble Corporation is an offshore drilling operation that is located primarily in the North Sea.  They are a British company whose stock trades on the NYSE.  

There are a lot of reasons why I like this stock.  They are an oil company and I am quite bullish on the price of oil.  Crude, in the United States, has been sitting at $51 for a moment. ... [more]

 risk industry   noble plc energy oil & gas drilling petroleum

Oil has slid downward for some time but is now heading back higher.  As the world economies begin to expand more and more they are going to need oil for moving products around the world.  Despite the drop in oil price Noble Energy did well and was still profitable.  Now they have a lot of potential with increased revenue as the price of oil heads higher.  

Noble Corporation is an offshore drilling operation that is located primarily in the North Sea.  They are a British company whose stock trades on the NYSE.  

There are a lot of reasons why I like this stock.  They are an oil company and I am quite bullish on the price of oil.  Crude, in the United States, has been sitting at $51 for a moment.  However, I believe that is short-lived and as the economy of the United States continues to expand, oil prices will advance further.  I can very comfortably see the price of oil above $75 by the end of the year 2017.  That would increase revenue by 50% in a linear world, although I can be forgiving.  Plus, as the United States continues its expansion the pull for other regions, such as the EU and China will be enough to begin the process of bringing these economies into expansionary territory. 

 risk industry   noble plc energy oil & gas drilling petroleum

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