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Noble Energy Narrows Q4 Loss

Posted by February 13, 2017

U.S. oil and gas producer Noble Energy Inc on Monday reported a smaller fourth-quarter loss, compared with a year earlier, when it incurred an impairment charge of $2.2 billion.
 
The net loss attributable to Noble narrowed to $252 million, or 59 cents per share, in the quarter ended Dec. 31, from $2.03 billion, or $4.73 per share, a year earlier.
 

The Houston, Texas-based company's total revenue rose to $1.01 billion from $860 million.

 

Reporting by John Benny 

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