Noble Energy (NBL) Tops Q2 EPS by 15c, Revenues Miss

Noble Energy (NASDAQ: NBL) reported Q2 EPS of ($0.24), $0.15 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $571 million versus the consensus estimate of $642.14 million.

“Noble Energy's second quarter results reflect strong operational execution against the backdrop of the challenging global economic environment that impacted financial outcomes across our industry. Through the recent pandemic, our teams have stayed focused on safety, returns, and cost control, and I am pleased with our accomplishments in the first half of the year,” stated David L. Stover, Noble Energy’s Chairman and CEO. “On July 20th, we announced our intention to combine with Chevron. We look forward to closing the transaction in the fourth quarter.”

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

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