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Stockchase Opinions

David DriscollNoble Energy Inc.NBLDON'T BUYAug 25, 2016

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.

$35.74

Stock price when the opinion was issued

$8.44

As of Oct 02, 2020. Market Open.

oilgas
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COMMENT
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.