Noble Energy reports $283 million 3Q loss
Noble Energy Inc., one of the largest oil and gas producers in Northern Colorado, saw its share price climb 6 percent Monday on increased sales volume projections for the fourth quarter.
The stock-price boost came despite a third-quarter earnings report that included a $283 million net loss, which amounted to 67 cents per diluted share. The loss was compared to a profit of $419 million for the same period a year ago for Houston-based Noble (NYSE: NBL).
Revenue was down more than 50 percent from the same period a year ago to $801 million.
Noble’s earnings…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!


