Noble Energy (NBL)
has delivered below-average adjusted production growth over the last
five years and likely will need to take on additional debt to fund its
capex plans over the next couple of years. I believe those negatives are
more than offset by a strong future production profile based on
multiple strong producing assets that should generate solid returns in
the coming years. Noble isn't strikingly cheap, but still offers enough
upside to merit a closer look.
Read the full article here:
Noble Energy Targeting Multiple Growth Plays
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