AllAnalyst Report
logoArgusAugust 13, 2020

Noble Energy, Inc.: Reaffirming SELL; acquisition by Chevron on track for 4Q20 closing

Symbols
NBL
Sector(s)
Energy
Rating
Premium
Current Price
$8.46
Price Target
$NaN
Earnings Estimate
Premium
Summary

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The company operates primarily in the Rocky Mountains, the Marcellus shale, the Eagle Ford shale, the Permian basin and the deepwater Gulf of Mexico, with key international operations in Israel, the U.K., and West Africa. The company was founded in 1932 and is based in Houston.

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Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.