Noble Energy’s Second Quarter 2019 Highlights Capital Efficiency Gains
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Noble Energy (NBL) Tops Q2 EPS by 2c, Revenues Beat
August 2, 2019 6:46 AM EDTNoble Energy (NYSE: NBL) reported Q2 EPS of ($0.10), $0.02 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.05 billion.
Organic capital expenditures funded by Noble Energy totaled $618 million, below the low end of guidance.U.S. onshore well costs have been reduced more than 15% in both the DJ and Delaware Basins as compared to the fourth quarter 2018.Offshore spend continues to trend... More