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Noble Americas Energy Solutions Reports Customer Count In Discussing Results

November 16, 2015

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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Noble Group Ltd. provided load and customer data for Noble Americas Energy Solutions in its third quarter earnings report, the first time that the company has recently disclosed such data in such reports

Noble Group said that Noble Americas Energy Solutions is currently the fourth largest C&I retail marketer at just under 8,000 MWs peak load, serving 1,500 customers.

Noble Group reported that operating income from supply chains from Noble Americas Energy Solutions (NAES) was slightly down for the nine months ended September 30, 2015 when compared to the same period in 2014 as reduced price volatility continues to impact the market. However, Q3, 2015 operating income for NAES rose almost 10% from Q2 2015, largely driven by stronger Q3 sales. All regions are performing well and NAES is tracking slightly above its 2015 plan, Noble said.

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