Noble Energy stock: buy or sell?

NBL stock price: $15.12 -1.18% At close on February 27th, 2020

Updated on:
February 27th, 2020

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Shares of Noble Energy closed today at $15.12 and decreased an ugly -1.18%. Thursday was the 5th red session in a row, sliding in full a -18.13%. On Feb 25th NBL collapsed a bloodcurdling -5.58%.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids worldwide.

Should I buy Noble Energy stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Noble Energy stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean NBL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Noble Energy stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for NBL stock for the last month.

Noble Energy stock analysis

Daily outlook

Shares of Noble Energy closed today at $15.12 and decreased an ugly -1.18%.

Noble Energy closed today at $15.12 and decreased an ugly -1.18%. Since price and SMA200d lines crossed down on January/24, NBL fell $-7.10 per share (-31.95%). Since SMA50d and SMA100d crossed up on January, NBL price slid a -34.63%.

NBL stock chart (daily)

Weekly outlook

Noble Energy shares plummed -15.77% this week, ending at $15.12. Counting this, it's been 3 red weeks in a row, sliding $-4.93 or a -25.08%.

After undercutting the previous support, we should expect price will slice down to find new supports. Since late January, when NBL stock price broke down the 40-weeks moving avarage line, it slid $-8.17 per share (-35.08%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

NBL stock chart (weekly)

Noble Energy stock price history

Noble Energy IPO was on March 17th, 1980 at $0.00 per share1. Since then, NBL stock surged a inf%, with an average of inf% per year. If you had invested $1,000 in Noble Energy stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Noble Energy stock historical price chart

NBL stock reached 52-week highs on April at $27.76, and all-time highs 2014-06-23 with a price of 72.74.

Noble Energy stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Noble Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Noble Energy reported its latest financial data, posting a fine climb for the Earnings per Share (EPS) ratio. Analyst expected $0.11 per share, but Noble Energy posted $0.12.
NBL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.09n/a
2017-Q2-n/a0.12n/a
2017-Q32017-10-30-0.13-0.02n/a
2017-Q42018-02-200.040.32700.0%
2018-Q12018-05-010.280.3525.0%
2018-Q22018-08-030.240.17-29.2%
2018-Q32018-11-010.160.2768.8%
2018-Q42019-02-190.110.129.1%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw an extraordinary gain of 17.15% to $4,986.00 M dollars. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) skyrocketed a 24.95% to -1.32%.

NBL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$4,810 M-$907 M18.9%-
2014$4,931 M2.52%$1,214 M24.6%33.85%
2015$3,043 M-38.29%$-2,441.00 M-80.2%-301.07%
2016$3,389 M11.37%$-998.00 M-29.4%-59.12%
2017$4,256 M25.58%$-1,118.00 M-26.3%12.02%
2018$4,986 M17.15%$-66.00 M-1.3%-94.10%

Quarterly financial results

Noble Energy posted $1,197.00 million in revenues for 2018-Q4, a -5.97% decline compared to previous quarter. Reported quarter income marked $-824.00 M with a profit margin of -68.84%. Profit margin plummed a -86.67% compared to previous quarter when profit margin was 17.83%. When comparing turnover to same quarter last year, Noble Energy sales marked a dazzling increase and rocketed a 19.10%.
NBL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$994 M-$36.00 M3.6%-
2017-Q2$1,020 M2.62%$-1,510.00 M-148.0%-4,294.44%
2017-Q3$907 M-11.08%$-136.00 M-15.0%-90.99%
2017-Q4$1,005 M10.80%$494.00 M49.2%-463.24%
2018-Q1$1,173 M16.72%$574.00 M48.9%16.19%
2018-Q2$1,100 M-6.22%$-23.00 M-2.1%-104.01%
2018-Q3$1,273 M15.73%$227.00 M17.8%-1,086.96%
2018-Q4$1,197 M-5.97%$-824.00 M-68.8%-463.00%

Noble Energy ownership

When you are planning to buy shares of a company, it's always worth to overview its ownership structure.

Noble Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.36% of all shares.

Bearish positions for NBL stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

NBL
Market cap$7.2 B
Total shares478.3 M
Float shares470.7 M
  - Institutional holdings (%)100.6%
  - Insider holdings (%)1.4%
Shares in short selling0.0%

Noble Energy summary

Thursday, February 27th, 2020
Open$14.69
Close$15.12
Day range$14.32 - $15.70
Previous close$15.30
Session gain-1.18%
Average true range$0.88
50d mov avg$21.27
100d mov avg$20.89
200d mov avg$21.32
Daily patternlt03c
Weekly pattern lt02c

Noble Energy performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Noble Energy to :
Stock3m6m12m
NBLNoble Energy-26.74%-32.23%-32.26%

Noble Energy competitors

Unfortunately, we could not find any public company that could be defined as Noble Energy competitor. This doesn't mean Noble Energy does not have any competitor in the market, it's just we could not detected it.

    Latest Noble Energy stock news