Noble Energy Gross Profit

Noble Energy posts a gross profit of $420M as of June 2020. That compares with $1B in the prior-year period — down 60.2% year over year. That is below the Energy sector average of $170B. 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 gross profit was $1B. The latest reading is $420M — a 60.2% year-over-year decrease (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

For Energy stocks, a gross profit near $170B is typical. Noble Energy's $420M is lower that level. That is roughly 99.7% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Noble Energy's financial statement story. At $420M, 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 gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $170B), and (3) consistency with growth and profitability. This page covers the first two; Noble Energy's other metric pages and overview cover the third.