This report consists of the following sections: 3 standard charts, 1 point & figure chart, a table of technicals indicators, a technical description of current stock position, a statement of current company fundamental statistics and current new. If you are not displaying this report properly, insure that you are using a currently updated browser.

TECHNICAL DATA REPORT  General Indicators     Criteria Value   Stock Price 36.3 P/E Ratio 28.3 Percent Yield 0.4 Number of Shares Outstanding 57,300,000 Market Capitalization 2,085,000,000 Net Insider trading 0 Exercise of Options 0  Stock Performance Indicators     Criteria Value   1 Day Relative Performance 100.3 1 Week Relative Performance 107.8 3 Week Relative Performance 109.1 6 Week Relative Performance 108.9 18 Week Relative Performance 101 26 Week Relative Performance 100 1 Year Relative Performance 94 3 Year Relative Performance 96.2 5 Year Relative Performance 93  Volume Indicators     Criteria Value   Volume/No. of Shares 0.98 30 Day Average Volume 586,300 1-Day-Vol-to-30-Day Avg Vol Ratio 96.2 5-Day-Vol-to-30-Day Avg Vol Ratio 180.7  Moving Average Convergence/Divergence (MACD)     Criteria Value   MACD 8-17-9 Day Breakout 10 MACD 8-17-9 Day Value 30 MACD 8-17-9 Day HST 43 MACD 8-17-9 Day Delta 11 MACD 12-25-9 Day Breakout 13 MACD 12-25-9 Day Value 19 MACD 12-25-9 Day HST 38 MACD 12-25-9 Day Delta 12 MACD 8-17-9 Week Breakout 1 MACD 8-17-9 Week Value -44 MACD 8-17-9 Week Change 26 MACD 8-17-9 Week Delta 36  Moving Averages      Criteria Value   30 Day Moving Average Ratio 107.7 30 Day Moving Average Breakout 9 150 Day Moving Average Ratio 102.3 150 Day Moving Average Breakout 3  Stochastics     Criteria Value   Stochastics 9- 3 Breakout 17 Stochastics 9- 3 Value 93.6 Stochastics 14- 5 Breakout 29 Stochastics 14- 5 Value 90.5 Stochastics 30-15 Breakout 20 Stochastics 30-15 Value 56.8  Wilder Relative Strength     Criteria Value   Wilder 9 Day Breakout 84 Wilder 9 Day Value 81.8 Wilder 14 Day Breakout 215 Wilder 14 Day Value 73.5  Least Squares Projection     Criteria Value   Least squares 3 Year % Growth -4.9 Least squares 3 Year % Deviation 7 Least squares 5 Year % Growth 6.7 Least squares 5 Year % Deviation -5.5 Least squares 10 Year % Growth 2.7 Least squares 10 Year % Deviation -1.8  Other Technical Indicators     Criteria Value   McClellan Breakout N/A Price as % of High & Low 80 Price as % of High & Low (5 day avg) 64

The stock shows an intraday high of 36.450 and a low of 36.210 -a trading range of 0%. The last trade was at 36.400 volume showing 10,100 shares exchanging hands. Comparing cash flow ratios, measures of debt coverage and company growth reveals that NBL could be in a questionable financial position relative to some benchmarks of liquidity and equity. This company scores in the bottom half of the market for Fundamental Rank, a composite of popular balance sheet measures. Compare earnings estimates reports and projected growth rates to see what industry professionals expect in the years to come for NBL. A Moving Average describes a stock's price trend with respect to a specific time frame. To calculate a 10-day moving average, the closing prices for the most recent ten days are added together and then divided by ten. By calculating this average daily using only the most recent data, the average "moves" in conjunction with the underlying stock price. The stock is within 10% of the 200-day moving average line, an important long-term technical indicator. Generally, the greater the difference between a stock's price and the 200-day line, the steeper will be that stock's trend. If the stock has been under accumulation, (as implied by rising stock prices,) a break above this line is indication of growing momentum. NBL is trading near the 10-Day Moving Average Line, which implies the possibility of recent weakness. The higher the volume for a stock when it moves above or below its moving average lines, the more significant this technical divergence is for investors.

QKFACT NBL    655044105 Noble Energy, Inc.             UPDATED                          Market Guide Quick Facts Report   Noble Energy, Inc.             SYMBOL: NBL             EXCHANGE:  NYSE     PRICING DATA (AS OF)    05/23/03      RATIOS & STATISTICS Price                      36.33      Price/Revenue (TTM)         1.33 52 Week High               40.50      P/E (TTM)                  28.56 52 Week Low                26.65      Price/Book (MRQ)            2.02 Beta                        0.82      Price/Cash Flow (TTM)       5.17 Avg Daily Vol (10 Day)      0.72 Mil  ROA (TTM)                   2.73% Avg Daily Vol (3 Month)     0.47 Mil  ROE (TTM)                   7.29%                                       Current Ratio (MRQ)         0.74 DIVIDEND INFORMATION                  Total Debt/Equity (MRQ)     0.97 Indicated Annual ($)        0.16 Yield                       0.44%     NOTE: TTM = trailing twelve months                                             MRQ = most recent quarter       SHARE RELATED INFORMATION             SHORT INTEREST INFORMATION Market Cap. ($)        2,085.015 Mil  Current Month            1.089 Mil Shares Out.               57.391 Mil  Previous Month           1.509 Mil Float                     54.500 Mil  Short Interest Ratio       3.2 Day       INSTITUTIONAL & INSIDER OWNERSHIP                            PURCHASES     SALES      NET PURCH     %OWNED Institutions (3 Months)    5.410 Mil    6.854 Mil   -1.445 Mil     92.1% Insiders     (6 Months)    0.001 Mil    0.000 Mil    0.001 Mil      5.0%     BUSINESS SUMMARY      Noble Energy, Inc. is engaged, through its      subsidiaries, in the exploration, production and marketing      of oil and gas in the U.S., Canada, China, Israel and      Africa.  For the 3 months ended 3/31/03, revenues rose 83%      to $298.6M.  Net income before accounting change totaled      $40.7M vs. a loss of $15.1M.  Results reflect higher      realized commodity prices, the start-up of two      international projects and improved operating margins.                      REVENUES (Thousands of U.S. Dollars)   QUARTERS           2000            2001            2002            2003   MAR             271,761         564,206         163,435         298,621 JUN             306,610         417,698         330,292 SEP             360,932         308,673         339,666 DEC             454,288         301,663         610,335   TOTAL         1,393,591       1,592,240       1,443,728                             EARNINGS PER SHARE   MAR               0.470           1.840          -0.260           0.700 JUN               0.650           0.890           0.300 SEP               1.010           0.070          -0.020 DEC               1.240          -0.480           0.290   TOTAL             3.370           2.320           0.310   5/02, Name changed from Noble Affiliates, Inc. FY'96 Q's are reclassified.  FY'00-'01 are reclassified.  FY'01 Summ. Q's reflect reclassification.  FY'02 Q's are being reclass.     GROWTH RATES     1 YEAR          3 YEAR          5 YEAR Revenue          -9.13%          16.64%           5.27% EPS             -86.87%         -29.22%         -29.27% Dividend          0.00%           0.00%           0.00%