Noble Energy Current Cash

Noble Energy posts a current cash of $320M as of June 2020. That compares with $470M in the prior-year period — down 31.1% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Noble Energy's current cash was $470M. The latest reading is $320M — a 31.1% year-over-year decrease (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

Current Cash is one piece of Noble Energy's financial statement story. At $320M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NBL's current cash usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Noble Energy's other metric pages and overview cover the third.

Judging Noble Energy against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in current cash easier to interpret. Start with $320M here, then scan peer and history charts to see if the gap is persistent.