Earnings Reports – NBL, NEE and NOV

Second quarter earnings reports

Noble Energy Inc. (NBL)

Noble Energy, Inc. (NYSE:NBL) reported results for its second quarter, which missed both revenue and earnings estimates by analysts, as falling realizations were accompanied with higher operating expenses, despite increased volumes.

Net profit was $292 million ($1.58 a share), down from $294 million ($1.61 a share) last year. Excluding items, earnings were 77 cents a share ,while the estimates were in the range of 95 cents a share. The company reported revenues of $966 million, up 15 percent, versus expectations of $1 billion.

In the second half of...