Noble Energy (NBL) Tops Q4 EPS by 3c
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Noble Energy Announces 2020 Capital Budget and Outlook Highlighting Capital Efficiency and Major Project Impacts
February 12, 2020 6:46 AM ESTCapital expenditures anticipated ~25% below 2019 level, volumes higher by ~10%
HOUSTON--(BUSINESS WIRE)-- Noble Energy, Inc. (NASDAQ: NBL) (Noble Energy or the Company) today announced its capital expenditure and production outlook for 2020. Key objectives and priorities for the year include:
Generate at least $500 million in organic free cash flow(1) at the upstream level, Enhance the return of capital to investors and strengthen the balance sheet, Further improve U.S. onshore capital efficiency and cost structure, while delivering moderate oil production growth,... MoreNoble Energy Announces Strong Fourth Quarter Performance
February 12, 2020 6:45 AM ESTOnshore Capital Efficiency Gains and Major Project Delivery in 2019 Transform Noble Energy's Future
HOUSTON--(BUSINESS WIRE)-- Noble Energy, Inc. (NASDAQ: NBL) (Noble Energy or the "Company) today provided fourth quarter financial and operating results. Fourth quarter highlights include:
Organic capital expenditures funded by Noble Energy of $406 million were below the low end of guidance. Sales volumes of 373 MBoe/d were near the top end of guidance. Produced 285 MBoe/d from the U.S. onshore, led... More