Company profile

David L. Stover
Incorporated in
Fiscal year end
Former names
Noble Affiliates Inc
IRS number

NBL stock data



8 May 20
4 Jul 20
31 Dec 20


Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 1.02B 1.12B 1.09B
Net income -4.01B -1.19B 36M 8M
Diluted EPS -8.27 0.04 -0.02
Net profit margin -393% 3.22% 0.73%
Operating income -4.33B -1.25B -9M 32M
Net change in cash 913M 11M 3M -58M
Cash on hand 1.4B 484M 473M 470M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 4.44B 4.99B 4.26B 3.49B
Net income -1.43B 14M -1.05B -985M
Diluted EPS -3.16 -0.14 -2.38 -2.32
Net profit margin -32.29% 0.28% -24.67% -28.22%
Operating income -1.32B 351M -1.8B -1.38B
Net change in cash -232M 41M -505M 152M
Cash on hand 484M 716M 675M 1.18B
Cost of revenue 431M 296M NaN

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
24 Mar 20 Elliott J. Keith Noble Energy, Inc. Common Stock Payment of exercise Dispose F No 5.83 563 3.28K 101,514
20 Mar 20 Brent J Smolik Noble Energy, Inc. Common Stock Buy Aquire P No 3.9457 38,000 149.94K 285,018
20 Mar 20 Stover David L Noble Energy, Inc. Common Stock Buy Aquire P No 4.1626 36,000 149.85K 711,153
18 Mar 20 Clingman Rachel G Noble Energy, Inc. Common Stock Buy Aquire P No 2.81 17,793 50K 85,457
95.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 427 470 -9.1%
Opened positions 69 70 -1.4%
Closed positions 112 73 +53.4%
Increased positions 149 133 +12.0%
Reduced positions 146 185 -21.1%
13F shares
Current Prev Q Change
Total value 33.22B 111.72B -70.3%
Total shares 457.43M 473.77M -3.4%
Total puts 767.1K 801.4K -4.3%
Total calls 1.68M 1.27M +32.3%
Total put/call ratio 0.5 0.6 -27.7%
Largest owners
Shares Value Change
Vanguard 56.3M $340.02M +3.6%
Capital International Investors 44.29M $267.52M -20.3%
BLK BlackRock 32.99M $199.23M +0.2%
STT State Street 28.19M $170.26M +13.6%
Capital Research Global Investors 27.98M $168.99M -36.4%
IVZ Invesco 22.89M $138.25M +10.5%
Citadel Advisors 16.74M $101.09M +131.8%
FMR 13.76M $83.09M -33.1%
American Century Companies 11.53M $69.64M +67.0%
ARES Ares Management 9.96M $60.14M 0.0%
Largest transactions
Shares Bought/sold Change
Capital Research Global Investors 27.98M -16.03M -36.4%
Boston Partners 9.4M -13.24M -58.5%
Wellington Management 5.66M -12.9M -69.5%
Capital International Investors 44.29M -11.31M -20.3%
Citadel Advisors 16.74M +9.52M +131.8%
FMR 13.76M -6.82M -33.1%
N Price T Rowe Associates 949.71K -5.53M -85.4%
D. E. Shaw & Co. 5.18M +5.18M NEW
Norges Bank 0 -4.78M EXIT
American Century Companies 11.53M +4.63M +67.0%

Financial report summary

Sanchez Energy
  • Discoveries, development or acquisitions of reserves are needed to avoid a material decline in reserves and production and failure to adequately fund these activities could adversely affect our properties.
  • Our international operations may be adversely affected by economic or geopolitical developments or by violent acts such as civil disturbances, terrorist acts, regime changes, cross-border violence, war, piracy, or other conflicts.
  • A change in the fiscal regimes and related government policies, tax laws and regulations in the US and other countries in which we operate may adversely affect our results of operations and financial condition.
  • A change in international and/or US federal and state climate policy could have a significant impact on our operations and financial condition.
  • Exploration, development and production activities carry inherent risk. These activities, as well as natural disasters or adverse weather conditions, could result in liability exposure or the loss of production and revenues.
  • Development drilling may not result in commercially productive quantities of crude oil and natural gas reserves from unconventional or conventional resources.
  • Exploratory drilling subjects us to risks and may not result in the discovery of commercially productive reservoirs.
  • Our receivables, hedging transactions and cash investments expose us to counterparty credit risk.
  • The marketability of our production is dependent upon access to gathering, transportation and processing facilities, which we may not own or control.
  • Our ability to produce crude oil, NGLs and natural gas economically and in commercial quantities could be impaired if we are unable to acquire adequate supplies of water for our drilling operations or are unable to dispose of or recycle the water we use economically and in an environmentally safe manner.
  • A negative shift in investor or shareholder sentiment of the oil and gas industry could adversely affect our business and ability to raise debt and equity capital.
  • Global populism and general political uncertainty could adversely effect on our business, financial condition and results of operations.
  • Crude oil, NGL and natural gas reserves are estimates and actual recoveries may vary significantly.
  • We operate in a litigious environment.
  • One of our subsidiaries acts as the general partner of a publicly traded master limited partnership, Noble Midstream Partners, which may involve a potential legal liability.
Management Discussion
  • Regional Gas Sales From Leviathan Field By January 15th, we were selling natural gas from the Leviathan field to customers in Israel, Egypt and Jordan. First quarter 2020 sales volumes from Tamar and Leviathan increased 80% compared to fourth quarter 2019.
  • Progressing Natural Gas Monetization Offshore West Africa  During first quarter 2020, we progressed construction of the offshore pipeline which will transport natural gas from the Alen platform for processing at Punta Europa. Additionally, we finalized commercial LNG sales agreements for our Alen natural gas monetization project, securing sales to a large multi-national LNG trader. The Alen natural gas monetization project provides capital-efficient access to additional reserves and our entry into the global LNG markets. First production is anticipated in early 2021.
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