Noble Energy (NBL +0.5%) is added to FBR Capital's Top Picks list. The firm likes the success of...

|About: Noble Energy, Inc. (NBL)|By:, SA News Editor

Noble Energy (NBL +0.5%) is added to FBR Capital's Top Picks list. The firm likes the success of the Horizontal Niobrara program in pulling growth forward, and believes the DJ Basin acreage ultimately could be worth nearly 95% of NBL's current market cap, implying very little value currently ascribed to the rest of the franchise.