Stockchase Opinions

John O'Connell, CFA Noble Energy Inc. NBL-N COMMENT Jan 09, 2012

A good Short? This is in the service side of the business. Global consumption of crude and natural gas is going to continue to expand regardless of whether we have a mild recession or not. Don't get overly bearish.
$98.330

Stock price when the opinion was issued

oil gas
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DON'T BUY

This all depends on what oil prices are going to do. $50 oil kind of keeps them going, but the costs are much higher than they are getting at the end of the day.