The CEO & Director of Noble Energy (NYSE: NBL) is Buying Shares

Yesterday, the CEO & Director of Noble Energy (NBLResearch Report), David Stover, bought shares of NBL for $251K.

This recent transaction increases David Stover’s holding in the company by 1.8% to a total of $14.23 million. In addition to David Stover, one other NBL executive reported Buy trades in the last month.

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The company has a one-year high of $28.40 and a one-year low of $17.11.

Starting in August 2019, NBL received 12 Buy ratings in a row. Five different firms, including Cowen & Co. and MKM Partners, currently also have a Buy rating on the stock.

The insider sentiment on Noble Energy has been positive according to 41 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Noble Energy, Inc. engages in the acquisition, exploration and development of crude oil and natural gas. It operates through the following geographical segments: United States, Eastern Mediterranean, West Africa, Other International and Midstream. The United States segment consists of U.S. onshore and Gulf of Mexico.