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Noble Energy Inc (NBL.N)

NBL.N on New York Stock Exchange

26.28USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Fieldwood Energy Files Prepackaged Chapter 11 Cases And Announces Gulf Of Mexico Acquisition
Thursday, 15 Feb 2018 12:40pm EST 

Feb 15 (Reuters) - Fieldwood Energy LLC::FIELDWOOD ENERGY FILES PREPACKAGED CHAPTER 11 CASES AND ANNOUNCES GULF OF MEXICO ACQUISITION.FIELDWOOD ENERGY LLC - PROPOSED RESTRUCTURING CONTEMPLATES REDUCING CURRENT DEBT BY ABOUT $1.6 BILLION​.FIELDWOOD ENERGY LLC - CHAPTER 11 PLAN OF REORGANIZATION ALSO PROVIDES THAT HOLDERS OF UNDISPUTED GENERAL UNSECURED CLAIMS WILL BE PAID CASH IN FULL.FIELDWOOD ENERGY - ‍ RESTRUCTURING CONTEMPLATES RAISING CAPITAL OF ABOUT $525 MILLION THROUGH AN EQUITY RIGHTS OFFERING ​.FIELDWOOD ENERGY SAYS TO USE PROCEEDS OF RIGHTS OFFERING TO FUND ACQUISITION IN GULF OF MEXICO , FUND COSTS AND EXPENSES OF CHAPTER 11 CASES.‍FIELDWOOD ENERGY- RESTRUCTURING CONTEMPLATES ACQUIRING ALL DEEPWATER OIL AND GAS ASSETS OF NOBLE ENERGY LOCATED IN GULF OF MEXICO​.FIELDWOOD ENERGY SAYS OBTAINED $60 MILLION DEBTOR-IN-POSSESSION FINANCING FACILITY TO ENSURE CO HAS FUNDS TO OPERATE BUSINESS DURING RESTRUCTURING PROCESS.FIELDWOOD ENERGY - EXPECT TO EMERGE FROM CHAPTER 11 WITHIN NEXT 60 DAYS​.  Full Article

Noble Energy Announces $750 Mln Share Repurchase Program
Thursday, 15 Feb 2018 08:30am EST 

Feb 15 (Reuters) - Noble Energy Inc ::NOBLE ENERGY ANNOUNCES $750 MILLION SHARE REPURCHASE PROGRAM.NOBLE ENERGY - ‍IN ADDITION, CO HAS EXECUTED AGREEMENT TO SELL ITS DEEPWATER GULF OF MEXICO ASSETS TO FIELDWOOD ENERGY LLC FOR TOTAL VALUE OF $710 MILLION​.NOBLE ENERGY INC - BOARD OF DIRECTORS HAS AUTHORIZED A $750 MILLION SHARE REPURCHASE PROGRAM DURING PERIOD OF 2018 THROUGH 2020.NOBLE ENERGY INC - ‍CASH PROCEEDS INCLUDED IN U.S. GULF OF MEXICO DIVESTMENT TRANSACTION WAS $480 MILLION​.NOBLE ENERGY - CUMULATIVE CONTINGENT PAYMENT OF UP TO $100 MILLION IS PAYABLE TO CO FROM CLOSING OF TRANSACTION THROUGH 2022 END.  Full Article

Noble Energy, On Feb 5,Kirby Hedrick Notified Chairman Of Board Of Intention Not To Stand For Re-Election
Thursday, 8 Feb 2018 05:10pm EST 

Feb 8 (Reuters) - Noble Energy Inc ::NOBLE ENERGY- ON FEB 5,KIRBY HEDRICK NOTIFIED CHAIRMAN OF BOARD OF INTENTION NOT TO STAND FOR RE-ELECTION TO BOARD AT 2018 ANNUAL SHAREHOLDERS MEETING.  Full Article

Noble Energy Divests Interest in General Partner of Cone Midstream to CNX Resources
Friday, 15 Dec 2017 06:45am EST 

Dec 15 (Reuters) - Noble Energy Inc ::NOBLE ENERGY DIVESTS ITS INTEREST IN THE GENERAL PARTNER OF CONE MIDSTREAM TO CNX RESOURCES.NOBLE ENERGY INC- DEAL FOR $305 MILLION.NOBLE ENERGY INC - ‍COMPANY HAS TERMINATED ITS PRIOR AGREEMENT TO DIVEST ITS ENTIRE MARCELLUS MIDSTREAM HOLDINGS TO WHEELING CREEK MIDSTREAM​.NOBLE ENERGY - CO IS RETAINING ITS 21.7 MILLION COMMON LIMITED PARTNER UNITS AND PLANS TO MAXIMIZE VALUE THROUGH DIVESTMENT OF UNITS OVER NEXT FEW YEARS.NOBLE ENERGY INC- SIGNED A DEFINITIVE AGREEMENT WITH CNX RESOURCES TO DIVEST CO'S 50 PERCENT INTEREST IN CONE GATHERING LLC.  Full Article

Noble Energy Says On Dec 7, Co Entered Into Letter Agreement With Wheeling Creek Midstream LLC
Friday, 8 Dec 2017 05:47pm EST 

Dec 8 (Reuters) - Noble Energy Inc ::NOBLE ENERGY INC SAYS ON DECEMBER 7, CO ENTERED INTO A LETTER AGREEMENT WITH WHEELING CREEK MIDSTREAM LLC - SEC FILING.NOBLE ENERGY - DEAL PERMITS CO TO NEGOTIATE WITH CNX GAS COMPANY WITH RESPECT TO POTENTIAL SALE TO CONSOL PARTIES OF CO'S 50% INTEREST IN CONE GATHERING.NOBLE ENERGY - CO AND WHEELING CREEK WOULD BE ENTITLED TO TERMINATE PURCHASE AGREEMENT IF TRANSACTIONS HAVE NOT BEEN CONSUMMATED BY DECEMBER 31, 2017.NOBLE ENERGY INC - LETTER AGREEMENT PERMITS CO TO NEGOTIATE WITH CNX GAS COMPANY AND AFFILIATES WITH RESPECT TO INTEREST IN CONE MIDSTREAM PARTNERS LP.NOBLE ENERGY - LETTER AGREEMENT PERMITS CO TO DISCUSS, NEGOTIATE TERMINATION OF PURCHASE AGREEMENT IF DEFINITIVE DEALS RELATED TO SALE ARE ENTERED INTO.  Full Article

Noble Energy signs agreement to divest non-core DJ Basin Acreage
Wednesday, 8 Nov 2017 04:01pm EST 

Nov 8 (Reuters) - Noble Energy Inc ::Noble Energy signs agreement to divest non-core dj basin acreage.Noble Energy Inc - deal for ‍$608 million​.Noble Energy - definitive agreement with SRC Energy to divest about net acres from co's non-core DJ Basin position​.‍Noble Energy signs agreement to divest non-core DJ Basin Acreage​.  Full Article

Noble energy announces third quarter 2017 results, strong u.s. Onshore delivery continues
Monday, 30 Oct 2017 04:30pm EDT 

Oct 30 (Reuters) - Noble Energy Inc :Noble Energy announces third quarter 2017 results, strong U.S. Onshore delivery continues.Q3 loss per share $0.28 including items.Q3 adjusted loss per share $0.02 excluding items.Q3 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S.Noble Energy Inc - qtrly total revenue $‍960​ million versus $910 million last year.Noble Energy Inc - q3 ‍sales volumes were 355 thousand barrels of oil equivalent per day (mboe/d), up 10 mboe/d from midpoint of original guidance​.Noble Energy Inc - ‍total sales volumes for Q4 of 2017 have been reconfirmed at a range of 380 - 390 mboe/d​.Noble Energy Inc - ‍Q4 U.S. onshore volumes are anticipated 15 percent higher than Q3 of 2017​.Noble Energy Inc - ‍Q4 U.S. Onshore oil volumes have been reconfirmed at a range of 102 mbbl/d​ to 108 mbbl/d​.  Full Article

Noble Energy sets quarterly cash dividend of $0.10per share
Tuesday, 24 Oct 2017 07:00am EDT 

Oct 24 (Reuters) - Noble Energy Inc :Sets quarterly cash dividend of $0.10per share.  Full Article

Noble energy updates third quarter 2017 guidance
Monday, 25 Sep 2017 08:17am EDT 

Sept 25 (Reuters) - Noble Energy Inc ::Noble energy updates third quarter 2017 guidance, raising sales volumes while maintaining capital expenditure estimates.Says sees Gulf of Mexico sales volumes for Q3 at high end of original guidance, reflecting strong field,facility performance,limited hurricane impacts​.Says ‍impact to production and operations, as a result of Q3 hurricanes, was limited & primarily related to third-party downstream issues​.Says ‍Q4 2017 guidance is unchanged from prior expectations​‍​.Says capital expenditures for Q3 have been maintained within original range of $625 to $725 million.Says ‍sales volumes for Q3 have been raised to range between 352 and 358 thousand barrels of oil equivalent per day​.Says ‍total company oil volumes are increased to 126 - 130 thousand barrels per day for Q3​.Says ‍combined Wells Ranch and East Pony volumes are anticipated higher by more than 10 percent from q2 to q3 of 2017​.Says co is reaffirming its prior outlook of 40 % u.s. Onshore oil growth from q1 to q4 of 2017.Says increase in Q3 expected volumes raises full year 2017 sales volumes to range between 342 and 352 mboe/d.Says ‍natural gas volumes are anticipated higher at 965 - 990 million cubic feet of natural gas per day for Q3​.Says ‍natural gas liquids (ngls) are expected between 63 and 65 mbbl/d for Q3.Says in late September co identified minor modifications at Tamar Platform necessary to venting system, resulted in controlled full-field shut-down​​.  Full Article

Noble Energy announces pricing and expiration of the tender offer for its 8.25 percent senior notes due 2019
Monday, 14 Aug 2017 06:42pm EDT 

Aug 14 (Reuters) - Noble Energy Inc :Noble Energy announces pricing and expiration of the tender offer for its 8.25 percent senior notes due 2019.  Full Article

Bankrupt energy producer Fieldwood to help Noble Energy fund share buyback

Noble Energy Inc shareholders received a belated valentine on Thursday when the company said it would buy back $750 million worth of its shares using funds raised from selling assets to another Houston-based oil and gas producer that sought bankruptcy protection the same day.