Noble Energy (NBL) : During the past 4 weeks, traders have been relatively bearish on Noble Energy (NBL), hence the stock is down -9.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.03% relative to the S&P 500. The 4-week change in the price of the stock is -7.31% and the stock has fallen -6.63% in the past 1 week.
Noble Energy (NYSE:NBL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.14 and $32.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.35, notching a gain of 0.45% for the day. The total traded volume was 5,797,965 . The stock had closed at $33.20 on the previous day.
The stock has recorded a 20-day Moving Average of 5.78% and the 50-Day Moving Average is 6.8%. Noble Energy, Inc. has dropped 5.78% during the last 3-month period . Year-to-Date the stock performance stands at 2.18%.
Noble Energy (NBL) : 22 investment research analysts covering Noble Energy (NBL) have an average price target of $42.91 for the near short term. The highest target price given by the Brokerage Firm to the stock is $51 and the lowest target is $33 for the short term. Analysts expect the variance to be within $4.69 of the average price.
Noble Energy, Inc. is an independent energy company engaged in crude oil, natural gas and natural gas liquids exploration and production. Its operations are grouped into four components: the United States; West Africa (Equatorial Guinea, Cameroon, Gabon and Sierra Leone; Eastern Mediterranean (Israel and Cyprus), and Other International and Corporate. Its assets in the United States include DJ Basin, Marcellus Shale, Deepwater Gulf of Mexico and Other Onshore US. The onshore West Africa includes the Alba field, Block O and Block I offshore Equatorial Guinea, the YoYo mining concession and Tilapia PSC, offshore Cameroon, two blocks offshore Sierra Leone, and one block offshore Gabon. In the Eastern Mediterranean, it has six leases and five licenses operated offshore Israel and one license operated offshore Cyprus. Other International includes various international new ventures, such as offshore Nicaragua and offshore Falkland Islands.