2 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC VP, Chief Accounting Officer Dustin A. Hatley acquired 18,927 shares and disposed of 413 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC director Eric P Grubman received 2,534 shares and a 7,541-share option grant as part of the equity award.
2 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Corporate Development John T. Lewis acquired 60,573 shares and disposed of 1,314 in a set of related equity transactions.
2 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC director Kleef William T Van received 2,534 shares and a 7,541-share option grant as part of the equity award.
2 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC SVP Global Operations Services Terry R. Gerhart acquired 31,781 shares and disposed of 756 in a set of related equity transactions.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Exec. VP Operations Gary W. Willingham disposed of 8,107 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Corporate Development John T. Lewis disposed of 6,513 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Eastern Mediterranean J. Keith Elliott disposed of 6,513 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Gen. Counsel & Sec. Arnold J Johnson disposed of 8,109 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP US Onshore Charles J. Rimer disposed of 6,911 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Exec. VP & CFO Kenneth M. Fisher disposed of 13,868 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Exec. VP, EHSR & New Frontiers Susan M Cunningham disposed of 10,409 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC VP, Chief Accounting Officer Dustin A. Hatley disposed of 3,012 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC President, CEO & Director David L Stover exercised stock options for 48,610 shares and disposed of 126,633 shares.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Human Resources & Admin Andrea Lee Robison disposed of 5,641 shares via option/appreciation-right settlement.
1 Feb 2017director interest notice● Neutral
NOBLE ENERGY INC SVP Global Operations Services Terry R. Gerhart disposed of 3,558 shares via option/appreciation-right settlement.
30 Jan 2017director interest notice● Neutral
NOBLE ENERGY INC director Thomas J Edelman exercised stock options for 7,366 shares.
30 Jan 2017director interest notice● Neutral
Charles J. Rimer became a NOBLE ENERGY INC Sr. VP US Onshore and company insider (initial ownership filing).
25 Jan 2017substantial holder notice● Neutral
BlackRock, Inc reported a NOBLE ENERGY INC shareholding of 29,463,222 shares (6.90% of votes) in a periodic institutional filing.
17 Jan 2017business combination● NeutralMajor
On 2017-01-13 Noble agreed to acquire Clayton Williams Energy (CWEI) for a mix of 75% Noble shares and 25% cash, valued at about $2.7B at the 2017-01-13 Noble share price. Each CWEI share can be exchanged for 3.7222 Noble shares, or $34.75 plus 2.7874 shares, or $138.39 in cash, subject to proration. It needs a majority CWEI vote and antitrust clearance, can be terminated if not closed by 2017-07-17, and CWEI may owe an $87M termination fee in certain cases. Ares-affiliated holders (about 35% of CWEI) and the Williams family agreed not to seek appraisal, and Ares agreed to vote in favour. For Noble shareholders this means new shares will be issued, diluting them.
9 Jan 2017director interest notice● Neutral
NOBLE ENERGY INC director Edward F Cox exercised stock options for 10,000 shares and disposed of 20,000 shares.
22 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC director Thomas J Edelman disposed of 200,000 shares via option/appreciation-right settlement.
15 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC Sr. VP Gen. Counsel & Sec. Arnold J Johnson exercised stock options for 24,505 shares and disposed of 49,010 shares.
13 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC director Kirby L Hedrick exercised stock options for 10,000 shares and disposed of 20,000 shares.
12 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC Exec. VP, EHSR & New Frontiers Susan M Cunningham exercised stock options for 68,910 shares and disposed of 137,820 shares.
9 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC director Michael A Cawley exercised stock options for 10,000 shares and disposed of 20,000 shares.
9 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC President, CEO & Director David L Stover gifted 706 shares.
8 Dec 2016director interest notice● Neutral
NOBLE ENERGY INC President, CEO & Director David L Stover gifted 706 shares.
6 Dec 2016material agreement termination● NeutralMajor
On 2016-12-01 Noble and CNX Gas ended the 2011 Marcellus Joint Development Agreement as the Exchange Agreement of 2016-10-29 closed. Noble's remaining drilling carry obligation, $1.6B as of 2016-10-01, was extinguished. The two swapped interests in the co-owned properties, and Noble paid CNX $213M in cash (including $8M of closing adjustments). This resolves the Marcellus carry thread: the obligation is gone, but Noble gave up its interest in part of the co-owned properties.
5 Dec 2016substantial 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.