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Noble Energy first quarter profit rises

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May 1, 2008

NEW YORK (Reuters) - Noble Energy Inc <NBL.N>, an independent energy company, said on Thursday its first-quarter profit rose, boosted by an increase in oil and gas sales.

Profit in the quarter was $215 million, or $1.20 a share, compared with $212 million, or $1.22 a share in the same quarter a year earlier, when it had fewer shares outstanding.

Excluding items, the company posted earnings of $2.05 a share.

(Reporting by Euan Rocha; Editing by Derek Caney)

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