The weak oil and gas prices will hurt Noble Energy (NBL) but the company still looks all set to grow earnings and cash flows considerably in 2020 as its production from offshore Israel more than doubles following the start-up of the Leviathan field. The company can also deliver free cash flows this year. The Houston, Texas-based Noble Energy's outlook is looking good and investors should consider buying this stock on weakness.
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Earnings Recap
Noble Energy has reported a quarterly loss of $1.21 billion or $2.52 per share for the