You have accessed this news story:
PS - Analyst Notes - August 2019
Noble Energy (NBL; $20.49-Aug. 1; Hold; PT-$20) Good to see execution, spending, and ops moving in the right direction especially following E&P sub-sector earnings thus far; expecting outperformance today. In Q2, both total production (349mboepd vs. TPHe/Street 339/343) and oil volumes (130mbpd vs. TPHe 127/129, largely driven by US oil vs. our model) beat estimates, and for better-than-expected capex ($618MM vs. TPHe/Street $727MM/$739MM); $589MM adj. EBITDA compares to TPHe/Street $549MM/$592MM. Looking forward, good to......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!