Oil company tumbled over disappointing earnings despite increased investments

After disappointing earnings in the second quarter, shareholders at Noble Energy are sending down the share price.

Photo: Ritzau Scanpix/Claus Bonnerup.

US oil company Noble Energy was struck by investors Friday, after the company lost 8.2 percent of shares.

The price decline occurred because of Noble's disappointing second quarter report, and also because the company had increased investments.

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