Unusual Social Activity Today Around Noble Energy (NBL)

Trade-Ideas LLC identified Noble Energy (NBL) as an unusual social activity candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Noble Energy

(

NBL

) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Noble Energy as such a stock due to the following factors:

  • NBL has 18x the normal benchmarked social activity for this time of the day compared to its average of 2.77 mentions/day.
  • NBL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $189.6 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on NBL:

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. The stock currently has a dividend yield of 2%. NBL has a PE ratio of 19. Currently there are 10 analysts that rate Noble Energy a buy, no analysts rate it a sell, and 9 rate it a hold.

The average volume for Noble Energy has been 6.4 million shares per day over the past 30 days. Noble Energy has a market cap of $13.6 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.87 and a short float of 5% with 2.91 days to cover. Shares are down 24.4% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Noble Energy as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

Highlights from the ratings report include:

  • The current debt-to-equity ratio, 0.55, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.89 is somewhat weak and could be cause for future problems.
  • The gross profit margin for NOBLE ENERGY INC is rather high; currently it is at 64.69%. Despite the high profit margin, it has decreased significantly from the same period last year. Despite the mixed results of the gross profit margin, NBL's net profit margin of -15.03% significantly underperformed when compared to the industry average.
  • Net operating cash flow has decreased to $425.00 million or 48.67% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, NOBLE ENERGY INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

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