Noble Energy’s revenue and net profit margin
Noble Energy’s (NBL) 4Q16 revenue rose ~17% YoY (year-over-year)—compared to YoY revenue growth of -21% in 4Q15 and 11% in the previous quarter. In the following graph, you can see that Noble Energy’s YoY revenue growth has been positive since 2Q16.
Noble Energy’s upstream peer Cabot Oil & Gas (COG) saw revenue growth of 1.7% YoY.
The positive revenue growth has been accompanied by an improvement in Noble Energy’s net profit margin, as you can see in the above chart. In 4Q16, Noble Energy’s net profit margin was 11%—compared to -240% in 4Q15 and -16% in 3Q16.