Noble Energy, Inc. NBL today
announced that its Board of Directors has approved a quarterly cash dividend
of 18 cents per common share, which represents an increase of nearly 29
percent from the prior 14 cents per common share quarterly dividend. The
dividend is payable on May 19, 2014, to the shareholders of record at the
close of business on May 5, 2014.
Charles D. Davidson, Noble Energy's Chairman and CEO, commented, "Our Board of
Directors has approved this increase as a vote of confidence in our asset
portfolio and our multi-year outlook of growth in production and returns."
Noble Energy is a leading independent energy company engaged in worldwide oil
and gas exploration and production. The Company has core operations onshore in
the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf
of Mexico, offshore Eastern Mediterranean, and offshore West Africa. Noble
Energy is listed on the New York Stock Exchange and is traded under the ticker
symbol NBL. Further information is available at www.nobleenergyinc.com.
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