Energy, Utilities & Water  August 3, 2015

Noble Energy suffers second quarterly loss in row; production to increase

Noble Energy Inc. (NYSE: NBL), one of the major oil and natural gas producers in Northern Colorado, on Monday posted a second-straight quarterly loss and noted that it had decreased production in the second quarter from a record first.

The Houston-based firm, whose largest onshore drilling operations are in the Denver-Julesburg Basin, saw a net loss of $109 million, or 28 cents per share, for the period ending June 30. That’s after a profit of $192 million, or 53 cents per share, for the same period a year ago.

Revenue, for the second quarter in…

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