Noble Energy (NBL) Tops Q1 EPS by 16c, Revenues Miss

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Noble Energy Announces First Quarter Results

May 8, 2020 6:45 AM EDT

HOUSTON--(BUSINESS WIRE)-- Noble Energy, Inc. (NASDAQ: NBL) (Noble Energy or the Company) today provided first quarter financial and operating results. First quarter highlights include:

Financial liquidity of $4.4 Bn including $1.4 Bn of cash and $3.0 Bn of available capacity on the Companys unsecured revolver. Consolidated cash flow from operations totaled $482 MM, benefiting from strong sales volumes, hedging gains and reduced cash costs. Prior to working capital changes, consolidated cash flow from operations was $636 MM. Organic... More