Ukraine Crisis Makes Noble Energy a Buy
Jim Cramer talks with Dan Dicker about alternative sources to Russian natural gas in Eastern Europe and finds one: Noble Energy's Leviathan field.
RealMoney Contributor Dan Dicker tells TheStreet's Jim Cramer that Russia controls two-thirds of the natural gas supply to the EU and the majority runs through pipelines in the Ukraine. Dicker says the Leviathan field has a slow development trajectory and markets have not recognized its importance in providing natural gas to many European countries. Noble Energy is the dominant partner in developing Leviathan and Dicker says its shares are currently unrewarded given the need for natural gas.
At the time of publication, Cramer was long ___.
