The maximum power dissipation of the LM119E/883 is 1.4W, but it can be increased to 2.5W with proper heat sinking.
To ensure stability, make sure to decouple the power supply pins with a 0.1uF capacitor, and use a minimum of 100nF capacitor at the output to prevent oscillations.
The recommended operating temperature range for the LM119E/883 is -55°C to 125°C, but it can operate up to 150°C with reduced performance.
Yes, the LM119E/883 can be used as a voltage regulator, but it's not recommended as it's primarily designed as a comparator. If you need a voltage regulator, consider using a dedicated voltage regulator IC like the 7805 or 7812.
To reduce noise sensitivity, use a low-pass filter at the input, keep the input traces short and away from noise sources, and use a shielded cable for the input signal.