Current ROSE Stock Info

“Keeping the Financial Firepower”
Noble Energy (ticker: NBL) is a large-cap exploration and production company with oil and gas operations worldwide, but the Houston-based company previously held no assets in Texas. Until now.

On May 11, 2015, Noble Energy announced the all-stock acquisition of Rosetta Resources (ticker: ROSE) for $3.9 billion, including ROSE’s $1.8 billion in debt. In turn, Noble gains 50,000 net acres in the Eagle Ford Shale and 56,000 net acres in the Permian Basin, which includes more than 1,800 gross horizontal drillin...

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