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Ambitious Projects On The Line For Noble Energy

When binary options traders are aiming truly remarkable profits, they focus on those companies whose stock could advance firmly in one direction or the other. Volatility is their friend as long as they can forecast the outcome and it is just as easy to take advantage of a plunging stock as it is to capitalize on one surging. Noble Energy stock can safely be included in the latter category, as the company has high expectations for the upcoming years and they should translate into higher prices.

The Eastern Mediterranean Gas Reserves

Although Noble Energy has most of its reserves in the United States, some of its most profitable projects are located elsewhere. The company intends to tap into the large gas reserves in the Eastern Mediterranean which are estimated at roughly 1000 billion cubic meters. The proximity to Turkey and the numerous conflicts between this country and Cyprus raise some questions about the possibility of Noble Energy running into an international scandal and having production slowed down or even stopped.

The risks are minimal and the upside considerable, so it is only safe to assume that if the company starts drilling in the Eastern Mediterranean, is profits will go up right away. Another interesting opportunity in the area comes from Israel, which could become one of the leading countries in a energy production in the next decade. Huge reserves have been discovered in Israel at Noble Energy plans on exploring them through the Leviathan 4 project which is already on its way. Conventional traders can safely purchase their stock and wait for the prices to rise, whereas binary options traders can't afford the luxury.

Strong First-Quarter Results for Noble Energy

One of the reasons for why Noble Energy is such a solid company and one worth investing in is that most of its resources are located in United States. This means that it is most unlikely for production to be severely affected at any time and on the long run the company will have an easier mission in overcoming any obstacle. The sheer reserves in Elko will make it very profitable to begin production in United States and in less than a decade the country could produce over 10 million barrels per day.

The company has reported a net income that exceeds expectations on a revenue of 1.1 billion, an increase of $12 million from last quarter. Interesting figures were provided by the discretionary cash flow report with an increase of $71 million compared to 2012. Noble Energy has signed potentially profitable partnerships and it has the resources to begin production in both Israel and Equatorial Guinea. When the company has both the money and the tool to put it to work, the sky is the limit and Noble Energy is in this fortunate position.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.