Initiated Sector Weight X

NBL Noble Energy

KeyBanc Capital Markets

Upgrades Neutral Overweight X

NBL Noble Energy

JP Morgan

$28 $32

Upgrades Neutral Buy X

NBL Noble Energy

Mizuho

$28 $29

Upgrades Eq-Weight Overweight X

NBL Noble Energy

Morgan Stanley

Upgrades Underweight Eq Weight X

NBL Noble Energy

CapitalOne

Downgrades Overweight Underweight X

NBL Noble Energy

CapitalOne

Downgrades Outperform In-line X

NBL Noble Energy

Evercore ISI

Initiated Overweight X

NBL Noble Energy

Stephens

$40

Initiated Outperform X

NBL Noble Energy

Cowen

Upgrades Mkt Perform Outperform X

NBL Noble Energy

Raymond James

Upgrades Hold Buy X

NBL Noble Energy

Tudor Pickering

Resumed Overweight X

NBL Noble Energy

Piper Jaffray

Initiated Buy X

NBL Noble Energy

Mizuho

Initiated Equal-Weight X

NBL Noble Energy

Morgan Stanley

$39

Downgrades Buy Hold X

NBL Noble Energy

Tudor Pickering

Initiated Buy X

NBL Noble Energy

SunTrust

Upgrades Accumulate Buy X

NBL Noble Energy

Johnson Rice

Upgrades Hold Buy X

NBL Noble Energy

Argus

Reiterated Outperform X

NBL Noble Energy

Imperial Capital

$44 $52

NBL  Noble Energy Inc.

Noble Energy, Inc. is an independent energy company. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. The Company's segments include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland. The Company's portfolio of assets is diversified through the United States and international projects and production mix among crude oil, natural gas and NGLs. Its business focuses on both the United States unconventional basins and certain global conventional basins.