Noble Energy price target raised to $84 from $72 at Wunderlich Wunderlich raised its price target for Noble Energy to $84 citing a higher valuation for the company's Marcellus gas assets as well as more bullish view of the Wattenberg. The firm reiterates a Buy rating on the stock.
News For NBL From The Last 14 Days
Check below for free stories on NBL the last two weeks.
Noble Energy reports new discoveries in Gulf of Mexico and Eastern Mediterranean Noble Energy announced discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico and at the Tamar Southwest exploration well offshore Israel. At Dantzler, the well encountered over 120 net feet of primarily crude oil pay in two reservoirs. Discovered gross resources at Dantzler are now estimated at 55MBoe-95MBoe. The Tamar SW well encountered approximately 355 feet of net natural gas pay. The range of gross resources of the field is 640Bcf-770Bcf of natural gas. Per well productivity is anticipated to be 250Mcf of natural gas per day.