Noble Energy (NBL) Offers FY17 Guidance
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Noble Energy Provides Detailed 2017 Outlook and Guidance
February 13, 2017 4:35 PM ESTFull-year sales volumes have been raised to 415 - 425 MBoe/d, up nearly 5 percent from last year, after adjusting for 2016 divestment impacts. Volumes from the announced Clayton Williams Energy acquisition are included in the Companys total beginning with expected closing in the second quarter of 2017.Total Company oil volumes are anticipated to be higher by approximately 9 percent, after adjusting for 2016 divestment impacts. U.S. onshore oil is anticipated to be up nearly 30 percent year on year, after adjusting for 2016 divestments.Organic capital expenditures for 2017 are estimated to be between $2.3 and $2.6... More
