• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks
    market news

    Noble Lost $296 Million in 4Q

    Investing News Network
    Feb. 09, 2012 12:27PM PST
    Resource Investing News

    CBS News reported that Noble Energy (NYSE:NBL) has announced $296 million loss in its fourth quarter due to the price drop in natural gas.

    CBS News reported that Noble Energy (NYSE:NBL) has announced $296 million loss in its fourth quarter due to the price drop in natural gas.

    As quoted in the market news:

    Noble’s loss amounted to $1.67 per share. Excluding the impairment charge, and an unrealized loss on derivative contracts, the company earned $1.18 per share in the latest quarter. That topped analyst estimates of $1.13 per share, according to FactSet, and the company’s stock rose 42 cents to $104.78 in midday trading.

    Click here to read the full CBS News report.

    market newsnyse:nbl
    The Conversation (0)

    Go Deeper

    AI Powered

    Downward pressure on oil price

    Q3 Earnings Over/Under Achievers in the Gas Sector

    Latest News

    GreenRoc secures EUR 5m Loan Facility with Danish Export and Investment Fund

    Canada One Provides Exploration Review of Combination Creek Zone, Copper Dome Project

    Providence Gold Mines Inc. Receives Regulatory Approvals for Fundamental Transaction & The La Dama de Oro Gold Property NI 43-101 Report

    Canadian Investment Regulatory Organization Trade Resumption - WHY

    CHARBONE Announces the Reception of the Main Components at the Sorel-Tracy Site and the Launch of Civil Works

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES