Noble Energy (NBL) Tops Q1 EPS by 1c

Noble Energy (NYSE: NBL) reported Q1 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $759 million versus the consensus estimate of $905.75 million.

Total sales volumes for the quarter averaged a record 318 thousand barrels of oil equivalent per day (MBoe/d), an increase of 11 percent compared to the first quarter of 2014, or 17 percent after adjusting for non-core assets divested during 2014. Liquids comprised 43 percent (33 percent crude oil and condensate and 10 percent natural gas liquids) of first quarter 2015 sales volumes, with natural gas the remaining 57 percent.

For earnings history and earnings-related data on Noble Energy (NBL) click here.

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