Noble Energy (NBL) Tops Q1 EPS by 1c

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Go back to Noble Energy (NBL) Tops Q1 EPS by 1c

Noble Energy Announces First Quarter 2015 Results

May 5, 2015 7:30 AM EDT

HOUSTON, May 5, 2015 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) announced today a first quarter 2015 net loss of $22 million, or $0.06 per diluted share.  Excluding the impact of certain items, which would typically not be considered by analysts in published earnings estimates, first quarter 2015 adjusted income(1) was $10 million, or $0.03 per diluted share.  Discretionary cash flow(1)  was $555 million and net cash provided by operating activities was $541 million.  Capital expenditures for the initial quarter of 2015 totaled $919 million.

Total sales volumes for the quarter averaged a record 318 thousand barrels of oil equivalent per day... More