Noble Energy (NBL) Misses Q3 EPS by 15c

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Go back to Noble Energy (NBL) Misses Q3 EPS by 15c

Noble Energy Announces Third Quarter 2017 Results, Strong U.S. Onshore Delivery Continues

October 30, 2017 4:30 PM EDT

Quarterly sales volumes averaged 355 MBoe/d, up 10 MBoe/d from the midpoint of the Companys original guidance range, on capital expenditures of $633 million which were toward the lower end of expectations.Total oil volumes of 129 MBbl/d were 5 percent higher than original 3Q expectations.U.S. onshore oil volumes grew to a quarterly record of 93 MBbl/d, up approximately 25 percent from the third quarter of last year.  Onshore operating cash flow per BOE is up approximately 50 percent over the same period.DJ Basin well performance increased Wells Ranch and East... More