Have you checked out NBL share price lately? It’s about the same price now as it was when oil was trading at $26.00 barrel. They just announced a big stock buyback program, oil was up 1.5% today and the stock was still down around 1.0%. There is no hope for this company. Analysts & Wall Street hate this stock and company. Awful.
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No matter. Whatever number DS gives just divide by 10, that’ll get it back close to reality. Unless it’s costs, then you multiply by 10. In accounting circles it’s called The Rule of Noble.
$68B + $12B = $70B?
Must be our stellar IR team developing slides for the quarterly....
That is very funny. Presently Noble’s Market cap is about $12 billon... So they only have $68 billion to go!l by year end. No problem! Lol.
Yes, but according to management we’re on track to be a $70 billion company by the end of the year. LMAO