Noble FCF yield
What is the FCF yield of Noble?
The FCF yield of Noble Energy, Inc. is -13.10%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Energy sector on NASDAQ compared to Noble
What does Noble do?
Noble Energy, Inc. operates as an exploration and production company. It engages in the acquisition, exploration and development of crude oil and natural gas. The firm 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. The Eastern Mediterranean segment includes Israel and Cyprus. The West Africa segment comprises of Equatorial Guinea, Cameroon, and Gabon. The Other International segment is composed of Newfoundland, Suriname, and other new ventures. The Midstream segment owns, operates, develops, and acquires domestic midstream infrastructure assets with current focus areas being the DJ and Delaware Basins. The company was founded by Lloyd Noble in 1932 and is headquartered in Houston, TX.
Companies with fcf yield similar to Noble
- Regency Silver Corp has FCF yield of -13.13%
- PDS Biotechnology has FCF yield of -13.13%
- Aurion Resources has FCF yield of -13.13%
- Lithium Australia NL has FCF yield of -13.12%
- Gusbourne PLC has FCF yield of -13.11%
- Amex Exploration has FCF yield of -13.10%
- Noble has FCF yield of -13.10%
- Japan Gold has FCF yield of -13.10%
- Culp has FCF yield of -13.09%
- China Resources Power has FCF yield of -13.09%
- Namoi Cotton has FCF yield of -13.09%
- United States Steel has FCF yield of -13.09%
- Whispir has FCF yield of -13.07%