For long­term investors, buying stock in Noble Energy (NBL) is a great investment move.

Looking at the short term, I expect Noble Energy stock to drop in price, so an investor looking

for a short­term gain should wait until the stock price bottoms out. Noble Energy has seen its

net income trend upwards each of the past three years, going from ­ $131 million to $453

million in that time frame. I believe this is a great sign for potential investors. Noble Energy's

stock price is near $84, which is pretty much right in the middle of its 52­week range. Given the

trend in Noble Energy's net income, and the company's huge success in expanding its natural

gas production, I expect the company to gain value and increase stock price.

Noble Energy is one of the foremost companies in exploration and production within the

integrated oil and gas sector.

Noble holds licensing rights to very profitable blocks of the Mediterranean region. The

company has recently discovered natural gas reserves that will quickly increase Noble's

natural gas production in the near future....continue reading