22 Nov 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Gen. Counsel & Sec. Arnold J Johnson disposed of 67,972 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Nov 2017director interest notice● Neutral
NOBLE ENERGY INC director Nbl Midstream, LLC exercised stock options for 14,581,560 shares and disposed of 14,581,560 shares.
14 Nov 2017director interest notice● Neutral
NOBLE ENERGY INC director Thomas J Edelman sold 300,000 shares.
3 Nov 2017director interest notice● Neutral
NOBLE ENERGY INC director James E Craddock exercised stock options for 18,787 shares and disposed of 37,574 shares.
31 Oct 2017securities registration● Neutral
NOBLE ENERGY INC amended an already-effective registration statement.
31 Oct 2017quarterly activities report▼ Bad
NOBLE ENERGY INC reported quarterly revenue of $960.0 million and a net loss of $136.0 million for the period ended 2017-09-30.
30 Oct 2017director interest notice● Neutral
NOBLE ENERGY INC director Holli C. Ladhani received 9,304 shares as part of the equity award.
30 Oct 2017quarterly activities report▼ Bad
NOBLE ENERGY INC reported quarterly revenue of $960.0 million and a net loss of $136.0 million for the period ended 2017-09-30.
30 Oct 2017director interest notice● Neutral
Holli C. Ladhani became a NOBLE ENERGY INC director and company insider (initial ownership filing).
26 Oct 2017substantial holder notice● Neutral
Noble Energy, Inc, NBL Midstream, LLC reported a NOBLE ENERGY INC shareholding of 21,692,198 shares (34.12% of votes) in a periodic institutional filing.
10 Oct 2017substantial holder notice● Neutral
The Vanguard Group reported a NOBLE ENERGY INC shareholding of 50,409,060 shares (10.36% of votes) in a periodic institutional filing.
15 Aug 2017material agreement● Neutral
Noble completed the sale of the $600 million 3.850% notes due 2028 and $500 million 4.950% notes due 2047 on August 15, 2017, issued under a Seventh Supplemental Indenture with Wells Fargo as trustee. The filing also attaches an August 14 press release with the results of the tender offer for its $1 billion 8.25% notes due 2019; the figures are in the exhibit, which is not reproduced in the text, so the amount tendered is not known here.
10 Aug 2017material agreement● NeutralMajor
Noble agreed to sell $600 million of 3.850% notes due 2028 and $500 million of 4.950% notes due 2047, with net proceeds of about $1.1 billion. It plans to use these proceeds, plus cash on hand or available liquidity, to buy back or redeem all of its $1 billion of 8.25% senior notes due 2019. The notes are unsecured. Closing was expected August 15, 2017.
10 Aug 2017securities registration● Neutral
NOBLE ENERGY INC filed the final prospectus for a registered offering.
8 Aug 2017securities registration● Neutral
NOBLE ENERGY INC filed a prospectus supplement for an offering off its existing shelf.
8 Aug 2017securities registration● Neutral
NOBLE ENERGY INC filed a free-writing prospectus - marketing material for an offering in progress.
3 Aug 2017quarterly activities report▼ Bad
NOBLE ENERGY INC reported quarterly revenue of $1059.0 million and a net loss of $1512.0 million for the period ended 2017-06-30.
3 Aug 2017quarterly activities report▼ Bad
NOBLE ENERGY INC reported quarterly revenue of $1059.0 million and a net loss of $1512.0 million for the period ended 2017-06-30.
10 July 2017substantial holder notice● Neutral
Capital Research Global Investors ** reported a NOBLE ENERGY INC shareholding of 31,800,720 shares (6.50% of votes) in a periodic institutional filing.
30 June 2017asset acquisition disposition● NeutralMajor
Noble closed the sale of its upstream northern West Virginia and southern Pennsylvania assets to HG Energy on June 28, 2017, completing the deal announced in May. The purchase price is $1.125 billion, subject to adjustments, plus up to $100 million of contingent payments in 2018-2020 if the Dominion South price condition is met. The sold properties had about 253 MMBoe of proved reserves at year-end 2016 and sold 72 MBoe per day in Q1 2017. Noble expects to use the proceeds to pay down its revolving credit facility.
26 May 2017substantial holder notice● Neutral
Noble Energy, Inc, NBL Midstream, LLC reported a NOBLE ENERGY INC shareholding of 7,110,638 shares (20.70% of votes) in a periodic institutional filing.
23 May 2017material agreement● NeutralMajor
Noble agreed on May 17, 2017 to sell its 50% interest in CONE Gathering and 21.7 million units of CONE Midstream Partners (33.5% of that partnership) to Wheeling Creek Midstream, a Quantum Energy Partners company, for about $765 million in cash. This follows the upstream Appalachia sale and covers the CONE Gathering 50/50 stake with CNX. Closing is expected in Q3 2017, and the buyer can terminate if HG Energy ends the upstream deal over a Noble breach. The press release says 2017 divestiture proceeds total about $2 billion.
5 May 2017material agreement● NeutralMajor
Noble agreed on May 1, 2017 to sell all its upstream assets in northern West Virginia and southern Pennsylvania (the Marcellus position left after the CNX joint development ended in 2016) to HG Energy II Appalachia for $1.225 billion. That is $1.125 billion at closing plus up to $100 million in three $33.3 million payments if the Dominion South gas price is at or above $3.30 per million Btu in any year 2018-2020. Noble expects a loss of about $2.2 billion in Q2 2017 (book value about $3.3 billion), and says proceeds will pay down its revolving credit facility. The press release says this would pay down essentially all the borrowings from the Clayton Williams deal. Closing is expected by end of Q2 2017.
2 May 2017quarterly activities report● Neutral
NOBLE ENERGY INC reported quarterly revenue of $1036.0 million and net income of $36.0 million for the period ended 2017-03-31.
1 May 2017quarterly activities report● Neutral
NOBLE ENERGY INC reported quarterly revenue of $1036.0 million and net income of $36.0 million for the period ended 2017-03-31.
26 Apr 2017director interest notice● Neutral
NOBLE ENERGY INC director Eric P Grubman disposed of 2,534 shares via option/appreciation-right settlement.
26 Apr 2017agm notice● Neutral
NOBLE ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
25 Apr 2017asset acquisition disposition▲ GoodMajor
Noble completed its acquisition of Clayton Williams Energy on April 24, 2017, the deal announced in January and approved by CWEI stockholders. CWEI holders get Noble shares, cash or a mix as they elected, prorated to 75% shares and 25% cash overall, and CWEI preferred shares get $1.00 cash each; final election and proration results are still to be announced. The press release says the assets include 71,000 net acres in the Southern Delaware Basin, another 100,000 net acres elsewhere in the Permian, and production of about 10 MBoe/d.
12 Apr 2017business combination● NeutralMajor
Noble and Clayton Williams announced that CWEI holders must make their cash/stock election by 5:00 p.m. Central on April 24, 2017, the same day as the CWEI stockholder vote. The companies currently expect the deal to close by April 25, 2017. The filing says the S-4 was declared effective on March 23, 2017 and the proxy was mailed on or about March 27. The vote and the proration result are still to come.
5 Apr 2017director interest notice● Neutral
NOBLE ENERGY INC Exec. VP, EHSR & New Frontiers Susan M Cunningham disposed of 86,047 shares via option/appreciation-right settlement.