Event-Driven Stocks

NOBLE ENERGY INC

Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕

Signs2 good3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY19FY18FY17FY16FY15FY14
Revenue$4.44B$4.99B$4.26B$3.49B$3.18B$5.12B
Operating income−$1.32B$351.0M−$1.80B−$1.38B−$2.47B$918.0M
Net income−$1.51B−$66.0M−$1.12B−$998.0M−$2.44B$1.21B
Total assets$20.65B$21.01B$21.48B$21.01B$24.20B$22.52B
Total liabilities$11.49B$10.53B$10.86B$11.41B$13.83B$12.19B
Equity$8.41B$9.43B$9.94B$9.29B$10.37B$10.32B
EPS (diluted)$-2.32$-6.07$3.27
Shares out.478.5M477.6M486.9M430.5M428.8M362.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2019
Operating margin
−29.7%
Net margin
−34.1%
Return on equity
−18.0%
Return on assets
−7.3%
Return on capital (ROCE)
−7.1%
Liabilities / assets
55.6%
Debt / equity
1.37×
Book value / share
$17.58
Revenue growth (YoY)
−11.0%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2019
Altman Z″ (distress)
0.18distress
Accruals / assets
17.0%clean
Piotroski F-Score
2/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
37
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe3 warning2 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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