Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - NOBLE ENERGY INC | nbl-20180331x10qxex322.htm |
| EX-32.1 - EXHIBIT 32.1 - NOBLE ENERGY INC | nbl-20180331x10qxex321.htm |
| EX-31.2 - EXHIBIT 31.2 - NOBLE ENERGY INC | nbl-20180331x10qxex312.htm |
| EX-31.1 - EXHIBIT 31.1 - NOBLE ENERGY INC | nbl-20180331x10qxex311.htm |
| 10-Q - 10-Q - NOBLE ENERGY INC | nbl-20180331x10q.htm |
EXHIBIT 12.1
Noble Energy, Inc. | ||||||||||||||||||||||||
Calculation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||
Three Months Ended March 31, | Year Ended December 31, | |||||||||||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||||||
(millions, except ratio amounts) | ||||||||||||||||||||||||
Income (Loss) From Continuing Operations Before Income Tax, Non-controlling Interests and Income From Equity Investees | $ | 476 | $ | (2,436 | ) | $ | (1,887 | ) | $ | (2,309 | ) | $ | 1,540 | $ | 1,138 | |||||||||
Add (Deduct) | ||||||||||||||||||||||||
Fixed Charges | 97 | 426 | 440 | 435 | 349 | 296 | ||||||||||||||||||
Capitalized Interest | (17 | ) | (49 | ) | (84 | ) | (144 | ) | (116 | ) | (121 | ) | ||||||||||||
Distributed Income From Equity Investees | 41 | 139 | 83 | 77 | 226 | 204 | ||||||||||||||||||
Earnings (Loss) as Defined | $ | 597 | $ | (1,920 | ) | $ | (1,448 | ) | $ | (1,941 | ) | $ | 1,999 | $ | 1,517 | |||||||||
Net Interest Expense | 73 | 354 | 328 | 263 | 210 | 158 | ||||||||||||||||||
Capitalized Interest | 17 | 49 | 84 | 144 | 116 | 121 | ||||||||||||||||||
Interest Portion of Rental Expense | 7 | 23 | 28 | 28 | 23 | 17 | ||||||||||||||||||
Fixed Charges as Defined | $ | 97 | $ | 426 | $ | 440 | $ | 435 | $ | 349 | $ | 296 | ||||||||||||
Ratio of Earnings to Fixed Charges | 6.2 | — | — | — | 5.7 | 5.1 | ||||||||||||||||||
Amount by Which Earnings Were Insufficient to Cover Fixed Charges | $ | — | $ | 2,346 | $ | 1,888 | $ | 2,376 | $ | — | $ | — | ||||||||||||