Noble Story

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NBL -- USA Stock  

USD 8.49  0.26  2.97%

It looks like Apache will continue to recover faster as its price went down 4.12% today to Noble Energy's 2.25%. As many rational traders are trying to avoid energy space, it makes sense to summarize Noble Energy a little further and understand how it stands against Apache and other similar entities. We are going to summarize some of the competitive aspects of both Noble and Apache.
Published over a month ago
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Is Noble riskier than Apache (NYSE:APA)?
By analyzing existing technical and fundamental indicators between Noble Energy and Apache, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Apache with a short position in Noble Energy. Check out our pair correlation module for more information.

Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Noble Energy has an asset utilization ratio of 161.17 percent. This denotes that the company is making $1.61 for each dollar of assets. An increasing asset utilization means that Noble Energy is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Noble or Antero is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

UNDERSTANDING Noble Energy dividends

A dividend is the distribution of a portion of Noble Energy earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Noble Energy dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Noble one year expected dividend income is about $0.25 per share.
Dividends per Basic Common Share is expected to hike to 0.52 this year, although the value of Payment of Dividends and Other Cash Distributions will most likely fall to (244.9 M).
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-227 M-244.9 M
Dividend Yield 0.019  0.0177 
Dividends per Basic Common Share 0.47  0.52 
Investing in dividend-paying stocks, such as Noble Energy is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Noble Energy must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Noble Energy. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Noble Energy's Liquidity

Noble Energy financial leverage refers to using borrowed capital as a funding source to finance Noble Energy ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Noble Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Noble Energy's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Noble Energy, but it might be worth checking our own buy vs. sell analysis

Correlation Between Noble and Antero Resources

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Noble Energy together with similar or unrelated positions with a negative correlation. For example, you can also add Antero Resources to your portfolio. If Antero Resources is not perfectly correlated to Noble Energy it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Noble Energy for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down. Please check pair correlation details between NBL and AR for more information.

What is driving Noble Energy Investor Appetite?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me now analyze Noble Energy revenue. Based on the latest financial disclosure, Noble Energy reported 4.4 B of revenue. This is 91.06% lower than that of the Energy sector and 33.79% higher than that of the Oil & Gas E&P industry. The revenue for all United States stocks is 53.36% higher than that of Noble Energy. As for Apache we see revenue of 5.89 B, which is 79.09% higher than that of the Oil & Gas E&P

Noble4.4 Billion
Sector3.29 Billion
Apache5.89 Billion
4.4 B
3.3 B
5.9 B

Will Noble stakeholders exit after the pull down?

The total risk alpha is down to -0.46 as of today. Noble Energy exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Noble Energy individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Noble Energy future systematic risk.

Our Final Take On Noble Energy

While some firms in the oil & gas e&p industry are either recovering or due for a correction, Noble may not be as strong as the others in terms of longer-term growth potentials. All things considered, as of the 3rd of August 2020, our current 30 days 'Buy-vs-Sell' recommendation on the company is Strong Sell. However, we believe Noble Energy is undervalued with average chance of bankruptcy for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Noble Energy. Please refer to our Terms of Use for any information regarding our disclosure principles.

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