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Stock impact report

Noble Energy’s Second Quarter 2019 Highlights Capital Efficiency Gains

NOBLE ENERGY (NBL) 
Last noble energy earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.nblenergy.com
Company Research Source: Business Wire
Full-year capital and operating expense guided lower HOUSTON--(BUSINESS WIRE)--Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or the "Company”) today announced second quarter 2019 financial and operating results. Highlights include:Organic capital expenditures funded by Noble Energy totaled $618 million, below the low end of guidance.U.S. onshore well costs have been reduced more than 15% in both the DJ and Delaware Basins as compared to the fourth quarter 2018.Offshore spend continues to trend below budget, primarily due to strong project execution at Leviathan.Unit production costs totaled $8.19 per BOE, below guidance, driven by U.S. onshore cost reductions and onshore and offshore production outperformance.Total Company sales volumes of 349 MBoe/d and U.S. onshore volumes of 263 MBoe/d exceeded guidance. Total oil volumes of 130 MBbl/d and U.S. onshore oil of 117 MBbl/d were also above plan.Quarterly production records were established for both the DJ and Delaware Basins.Mustan Show less Read more
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