Bottom-Up, Fundamentals-Based Approach
Through its in-house research coverage of companies throughout the entire energy value chain, Noble Energy Partners investment process uses a bottom-up, fundamentals-based approach. Noble Energy Partners believes its process is a competitive advantage, allowing it to evaluate risk and reward intelligently across the energy universe.
Noble Energy Partners investment process relies upon fundamental analysis and a comparison of quantitative, qualitative and relative value factors. The process involves an assessment of the overall attractiveness of the specific segment in which an investment is involved, the company’s specific competitive position within that segment, potential commodity price risk, supply and demand, regulatory considerations, the stability and potential growth of the company’s cash flows and management track record.