Noble Energy Inc. is one of the leading energy companies with a track of huge successes and sound strategies of dealing with varieties of situations. With its global operations and a focus on the scope of the present business requirements, it offers people with a bundle of opportunities to its stakeholders. Noble Inc. overtime has been able to create a mark in the Energy sector of America. In a dynamic atmosphere, employees are rewarded properly where they are given a chance to achieve their professional goals. The company aims to be the number one company in the energy sector and acquire the position of a pioneer. The company was founded by Lloyd Noble in 1932 and has a history of 80 years of continuous success in the industry. Today, the company has 1.2 billion barrels of oil reserves and around $17 billion of total assets according to the approximate of the year 2012 (www.nobleenergyinc.com). Noble Energy Inc. is known for its innovative strategies, proficient capabilities, development of hydrocarbon resources, impressive success record and flexibility globally. It has its core operations located in the United States of America in the deepwater of the Gulf of Mexico. The company with its innovativeness has been able to acquire the title of the outstanding energy producers in the United States of America. The following paper elucidates the SWOT analysis and recommends strategies for the company to achieve and maintain its continuous growth in the future.
5. SWOT Analysis
Noble Energy Inc. is a successful independent energy company that is associated with the acquisition, exploration and distribution of energy including the marketing of energy products. With its diversified portfolio of products, company has been able to acquire a considerable position over a period of time. Following represents the SWOT analysis of the company in detail.
5.1 Strengths
Portfolio of Assets
The company has a diversified portfolio of assets of high quality. The energy production of the company is distinct because of its size, diversity and exploration. All the holdings of the company have an important role in the processes of the company that help in maintaining a lower-risk portfolio with its huge potential in activities associated with the exploration of energy resources. The current developmental projects of the company include the famous projects known as Niobrara, Marcellus and Carla etc. Because of its location in the offshore of the Gulf of Mexico, the international business of the company provides it with low-costs and huge projection helping it to maintain its capital and assets (Data Monitor, 2011).
Strong cash flows
Noble has its operations in the five core areas of the deepwater of the Gulf of Mexico including the DJ Basin, the Marcellus Shale, offshore West Africa and the Eastern Mediterranean. These areas are responsible for generating the strongest cash flows for the company. The company still plans to add one new core area to its operations for strengthening its exploratory procedures. Strong cash earned from these areas will allow the company to make new ...