Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Noble Energy, Inc.    NBL

NOBLE ENERGY, INC. (NBL)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

NOBLE ENERGY INC : Termination of a Material Definitive Agreement, Other Events (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/15/2017 | 10:19pm CET

Item 1.02 Termination of a Material Definitive Agreement

On December 14, 2017, Noble Energy, Inc., a Delaware corporation (the "Company") terminated the Purchase Agreement, dated May 17, 2017, among the Company, Noble Energy US Holdings, LLC, a Delaware limited liability company ("Noble Holdings" and together with Noble Energy, the "Sellers"), a subsidiary of the Company, and Wheeling Creek Midstream, LLC, a Delaware limited liability company ("Wheeling Creek"), a portfolio company of Quantum Energy Partners. Under the Purchase Agreement, the Sellers had agreed to sell 100% of the outstanding membership interests in NBL Midstream, LLC, a Delaware limited liability company ("NBL Midstream"), a wholly owned subsidiary of the Company, to Wheeling Creek. NBL Midstreeam is a holding company that owns a 50% interest in CONE Gathering LLC and 21.7 million common units in CONE Midstream Partners LP (the "CONE Interests").


Item 8.01 Other Events


Purchase Agreement

On December 14, 2017, NBL Midstream and CNX Gas Company LLC, a Delaware limited liability company ("CNX Gas"), a wholly owned subsidiary of CNX Resources Corporation, entered into a Purchase Agreement (the "CNX Purchase Agreement"), pursuant to which NBL Midstream agreed to sell its 50% interest Cone Gathering LLC to CNX Gas for a total cash consideration of $305 million. The transaction is expected to close in the first quarter of 2018. Following the closing, NBL Midstream will retain ownership of its 21.7 million common units in CONE Midstream Partners LP.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NOBLE ENERGY, INC.
12/15 NOBLE ENERGY INC : Termination of a Material Definitive Agreement, Other Events ..
12/15DJNoble Energy to Sell Cone Gathering Stake
12/15 CNX RESOURCES CORPORATION : Announces Agreement to Purchase Noble Energy's 50% M..
12/15 Noble Energy Divests Its Interest in the General Partner of CONE Midstream to..
12/15 JOHN HESS : Hedge fund Elliott prepares second challenge to Hess Corp
12/13 NOBLE ENERGY : mulls helping build Cyprus-Egypt pipeline - report
12/13 NOBLE ENERGY : Social media users unite against US' Jerusalem decision
12/11 NOBLE ENERGY, INC. (NYSE : NBL) Files An 8-K Entry into a Material Definitive Ag..
12/10 NOBLE ENERGY : Entering a new era of natural gas
12/08 NOBLE ENERGY INC : Entry into a Material Definitive Agreement (form 8-K)
More news
News from SeekingAlpha
12/15 Rosehill Resources Guides To 2018 Cash Burn Of $200M+, Completes Delaware Bas..
12/15 Key Takeaways From Oasis Petroleum And Noble Midstream Partners LP's Asset Ac..
12/15 Private Equity In Midstream - The Bad, The Good And The Unknown
12/15 Noble Energy to sell CONE Gathering stake to CNX Resources for $305M
12/14 Investors Not Impressed As Permian Basin Rig Grows For 7th Week
Financials ($)
Sales 2017 4 199 M
EBIT 2017 -2 164 M
Net income 2017 -1 502 M
Debt 2017 6 667 M
Yield 2017 1,56%
P/E ratio 2017 -
P/E ratio 2018 1 087,29
EV / Sales 2017 4,56x
EV / Sales 2018 4,12x
Capitalization 12 486 M
Chart NOBLE ENERGY, INC.
Duration : Period :
Noble Energy, Inc. Technical Analysis Chart | NBL | US6550441058 | 4-Traders
Technical analysis trends NOBLE ENERGY, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 35,8 $
Spread / Average Target 40%
EPS Revisions
Managers
NameTitle
David L. Stover Chairman, President & Chief Executive Officer
Gary W. Willingham Executive Vice President-Operations
Kenneth M. Fisher Chief Financial Officer & Executive Vice President
Edward F. Cox Independent Director
Michael A. Cawley Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NOBLE ENERGY, INC.-32.58%12 486
CONOCOPHILLIPS3.07%62 370
CNOOC LTD12.95%62 337
EOG RESOURCES INC-1.44%56 984
OCCIDENTAL PETROLEUM CORPORATION-1.77%54 042
CANADIAN NATURAL RESOURCES LIMITED-0.93%40 309