Stifel Cuts Price Target on Noble Energy (NBL) to $37 Following Israel Supreme Court Ruling

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Go back to Stifel Cuts Price Target on Noble Energy (NBL) to $37 Following Israel Supreme Court Ruling

Noble Energy Announces Its First Quarter 2016 Earnings Webcast and Conference Call

March 28, 2016 4:15 PM EDT

Houston, March 28, 2016 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE: NBL) will host its first quarter 2016 results webcast and conference call at 9:00 a.m., Central Time, Wednesday, May 4, 2016.  The Company plans to issue its financial and operating results, including supporting presentation materials for the... More

Israel Supreme Court Rules Stability Provisions to be Addressed Through Alternate Means

March 27, 2016 8:43 PM EDT

Houston, March 27, 2016 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (Noble Energy) (NYSE: NBL) today was notified that the Supreme Court of the State of Israel (the Court) affirmed the Government of Israels Natural Gas Regulatory Framework, with the exception of the stability provisions.  While recognizing the necessity of regulatory stability, the Court concluded that the Government should provide stability assurances and provisions through an alternate legal mechanism.  The Court provided the Government up to one year to resolve this matter.

David L. Stover, Noble Energys Chairman, President, and CEO, commented, The Courts ruling, while recognizing... More