Noble Energy - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Noble Energy M&A Summary

Noble Energy has acquired 5 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets.

Noble Energy’s largest acquisition to date was in 2005, when it acquired Patina Oil & Gas for $3.4B. It’s largest disclosed sale occurred in 2012, when it sold Oil & Natural Gas assets - Noble Energy to Unit Petroleum for $595M. Noble Energy has acquired in 3 different US states. The Company’s most targeted sectors include oil/gas exploration (75%) and energy services and equipment (25%).

Noble Energy Ownership

Who owns Noble Energy?

Noble Energy is owned by Chevron. It was acquired on July 20, 2020.

Noble Energy Business Overview

Where is Noble Energy headquartered?

Noble Energy is headquartered in Houston, Texas.

What is Noble Energy’s revenue?

Noble Energy disclosed revenue of 4,438M USD for 2019 and 4,986M USD for 2018.

What sector is Noble Energy in?

Noble Energy is an oil/gas exploration company.

When was Noble Energy founded?

Noble Energy was founded in 1932.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity4
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5
  • M&A Advisors 4

Noble Energy

Noble Energy, Inc.

1001 Noble Energy Way,
Houston, Texas 77070
United States,
(281) 872-3100
www.nblenergy.com

Noble Energy is an independent oil and natural gas exploration and production company committed to meeting the world’s growing energy needs and delivering leading returns to shareholders. The Company operates a high-quality portfolio of assets onshore in the United States and offshore in the Eastern Mediterranean and off the west coast of Africa. Founded more than 85 years ago, Noble Energy is guided by its values, its commitment to safety, and respect for stakeholders, communities and the environment. Noble Energy was formed in 1932 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $8.6B $8.6B
Sell (0.0/yr) # 2 - - - - - 2
vol $595M $595M
  6

Most Recent M&A

Company Date Value Type
Cone Gathering LLC 2017-05-18 - Stake Sale
Canonsburg, Pennsylvania
Clayton Williams Energy, Inc. 2017-01-16 2.7B USD Add-on Acquisition
Midland, Texas · www.claytonwilliams.com
Rosetta Resources, Inc. 2015-07-20 2.1B USD Add-on Acquisition
Houston, Texas · www.rosettaresources.com
Oil & Natural Gas assets - Noble Energy 2012-09-18 595M USD Divestiture
, United States
U.S. Exploration Holdings, Inc. 2006-02-06 411M USD Add-on Acquisition
Billings, Montana
Patina Oil & Gas Corp. 2005-05-16 3.4B USD Merger
Denver, Colorado · www.patinaoil.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 3 (75%) 5.2B (61%) 2 (100%) 595M (100%)
Energy Services and Equipment 1 (25%) 3.4B (39%) - -
Total 4 $8.6B 2 $595M

By Geo

State/Country Buy Value Sell Value
United States 4 8.6B 2 595M
  Texas 2 4.8B - -
  Montana 1 411M - -
  Colorado 1 3.4B - -
  Pennsylvania - - 1 -
Total 4 $8.6B 2 $595M

Top M&A Advisors

Financial Deals
Petrie Partners LLC
2
BofA Securities
1
J.P. Morgan Securities
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
3

Deal Values

buy # Total
> $1B 3 $8.2B
$100M to $1B 1 $411M
TOTAL $8.6B
Largest Patina Oil & Gas Corp.
$3.4B (2005-05-16)
sell # Total
$100M to $1B 1 $595M
TOTAL $595M
Largest Oil & Natural Gas assets - Noble Energy
$595M (2012-09-18)

M&A Connections

Deals
Acquired from
Investor(s)
50%
2 (50%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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