Noble Energy (NBL) Reports Q4 EPS of 26c

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Go back to Noble Energy (NBL) Reports Q4 EPS of 26c

Noble Energy Announces Fourth Quarter And Year-End 2016 Results

February 13, 2017 4:30 PM EST

Continued outperformance delivered quarterly sales volumes of 410 MBoe/d, at the top end of the guidance range.  Oil volumes of 131 MBbl/d were above expectations, driven by the DJ Basin and Gulf of Mexico.Strong natural gas demand contributed to a 10 percent increase in Israel sales volumes compared to the fourth quarter of 2015.Organic quarterly capital expenditures totaled $404 million, below the low end of guidance.U.S. Onshore well results from enhanced completions continued to perform in line with or above expectations.  Wolfcamp A wells in the Delaware... More