Noble Energy Details 2016 Outlook and Guidance

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Go back to Noble Energy Details 2016 Outlook and Guidance

Noble Energy (NBL) Tops Q4 EPS Views; Offers FY16 Outlook

February 17, 2016 7:37 AM EST

Noble Energy (NYSE: NBL) reported Q4 EPS of $0.44, $0.48 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $846 million versus the consensus estimate of $1.04 billion.

Noble Energy provided full 2016 annual guidance. As previously indicated, capital expenditures, including capitalized interest, for 2016 are expected to total $1.5 billion, and average sales volumes for the year are projected to be approximately 390 thousand barrels of oil equivalent per day (MBoe/d).

David L. Stover, the Company's Chairman, President and CEO, commented, Starting early last year, we successfully executed on our strategy to... More