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See what the IHS Markit Score report has to say about Noble Energy Inc.

IHS Markit

Noble Energy Inc

NYSE:NBL

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Summary

  • Perception of the company's creditworthiness is neutral but weakening
  • Bearish sentiment is moderate
  • Economic output in this company's sector is contracting

Bearish sentiment

Short interest | Neutral

Short interest is moderate for NBL with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold NBL had net inflows of $4.13 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator with a weakening bias over the past 1-month. Although NBL credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they are still comfortably within the range of the last three years.

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This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.