Stifel Cuts Price Target on Noble Energy (NBL) to $37 Following Israel Supreme Court Ruling
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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
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. Â While recognizing the necessity of regulatory stability, the Court concluded that the Government should provide stability assurances and provisions through an alternate legal mechanism. Â 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
