Q: What about an example?

A: Noble Energy [NBL], an independent exploration-and-production company, is a top holding in our portfolios. It has assets in the United States, and offshore in the Gulf of Mexico. It also has assets in Israel and Africa. We believe Noble's reserves will grow sharply over the next three to five years. Noble has a clean balance sheet, and continually has a higher return on capital than its peers do. So the company has reserve growth, and production growth over time. We don't have to worry about debt, in case things deteriorate considerably from here.

it's a great easy

Najarian said one name to watch is Noble Energy(NBL) which enjoyed a spike on news of a big natural gas find in the Middle East.

Market Perform - Price 24.82 on Nov. 25
by Morgan Keegan

Noble updated its fleet status, highlighting five additional months of shipyard for a drillship and...a semisubmersible. The update also noted new jackup contracts in Mexico and the Mideast, and deferral of the bulk of shipyard time scheduled for 4Q into first-half '09. We're maintaining our '08 EPS at $5.68, but decreasing our '09 EPS to $7.30 from $7.45, given added shipyard days; we maintain our '10 EPS of $7.96. Term contracts continue to provide a stable earnings stream.... [Although] quality assets are providing industry-high margins and higher day rates, we're [sidelined] in light of the economy. Market cap: $6 billion.

Oild Drillers

Technical analysis
wait for confirm on Nov19

100

0.45% of the assets of:

ProFunds UltraMid Cap Inv (UMPIX) which is up 26.79% on the year so far.

this stock has done alright this year

Raised its payout 60%, to 12 cents a share from 7.5 cents.