Noble Midstream Partners LP Company Profile (NYSE:NBLX)

About Noble Midstream Partners LP (NYSE:NBLX)

Noble Midstream Partners LP logoNoble Midstream Partners LP is engaged in owning, operating, developing and acquiring a range of domestic midstream infrastructure assets. The Company's areas of focus are in the area of Denver-Julesburg (DJ) Basin in Colorado and the Southern Delaware Basin position of the Permian Basin in Texas (Delaware Basin). Its segments include Gathering Systems, Fresh Water Delivery, and Investments in White Cliffs and Other. The Gathering Systems segment includes crude oil, natural gas and produced water gathering, as well as crude oil treating. It holds interest in White Cliffs Pipeline L.L.C. (the White Cliffs Interest). The Investments in White Cliffs and Other segment includes activity associated with the White Cliffs Interest. As of December 31, 2016, the White Cliffs Pipeline system consisted of two 527-mile crude oil pipelines that extended from the DJ Basin to the Cushing, Oklahoma. It provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:NBLX
  • CUSIP: N/A
  • Web: www.nblmidstream.com
Capitalization:
  • Market Cap: $1.45 billion
  • Outstanding Shares: 31,805,000
Average Prices:
  • 50 Day Moving Avg: $48.32
  • 200 Day Moving Avg: $43.26
  • 52 Week Range: $26.00 - $53.29
P/E:
  • Trailing P/E Ratio: 29.49
  • Foreward P/E Ratio: 9.81
  • P/E Growth: 0.25
Sales & Book Value:
  • Annual Revenue: $178.92 million
  • Price / Sales: 8.11
  • Book Value: $8.87 per share
  • Price / Book: 5.14
Dividend:
  • Annual Dividend: $0.43
  • Dividend Yield: 3.5%
Profitability:
  • EBIDTA: $134.29 million
Debt:
  • Current Ratio: 3.72%
  • Quick Ratio: 3.72%
Misc:
  • Average Volume: 82,106 shs.
  • Short Ratio: 3.14
 

Frequently Asked Questions for Noble Midstream Partners LP (NYSE:NBLX)

What is Noble Midstream Partners LP's stock symbol?

Noble Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "NBLX."

How often does Noble Midstream Partners LP pay dividends? What is the dividend yield for Noble Midstream Partners LP?

Noble Midstream Partners LP declared a quarterly dividend on Thursday, April 27th. Investors of record on Monday, May 8th will be given a dividend of $0.4108 per share on Monday, May 15th. This represents a $1.64 annualized dividend and a yield of 3.60%. The ex-dividend date is Thursday, May 4th. View Noble Midstream Partners LP's Dividend History.

How were Noble Midstream Partners LP's earnings last quarter?

Noble Midstream Partners LP (NYSE:NBLX) announced its earnings results on Monday, February, 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.78 by $0.02. The business earned $48.47 million during the quarter, compared to analyst estimates of $42.08 million. View Noble Midstream Partners LP's Earnings History.

Where is Noble Midstream Partners LP's stock going? Where will Noble Midstream Partners LP's stock price be in 2017?

12 brokerages have issued 1 year price targets for Noble Midstream Partners LP's stock. Their predictions range from $32.00 to $55.00. On average, they expect Noble Midstream Partners LP's stock price to reach $40.70 in the next year. View Analyst Ratings for Noble Midstream Partners LP.

Who are some of Noble Midstream Partners LP's key competitors?

When did Noble Midstream Partners LP IPO?

(NBLX) raised $250 million in an initial public offering (IPO) on Thursday, September 15th 2016. The company issued 12,500,000 shares at a price of $19.00-$21.00 per share. Barclays, Baird, J.P. Morgan, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, DNB Markets, Mizuho Securities, MUFG and Wells Fargo Securities acted as the underwriters for the IPO and BB&T Capital Markets, BNP PARIBAS, CIBC Fifth Third Securities, PNC Capital Markets, Scotia Howard Weil, SOCIETE GENERALE, SMBC Nikko and TD Securities were co-managers.

Who owns Noble Midstream Partners LP stock?

Noble Midstream Partners LP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (4.30%), Kayne Anderson Capital Advisors LP (4.16%), Goldman Sachs Group Inc. (4.06%), HITE Hedge Asset Management LLC (1.68%), Morgan Stanley (1.43%) and OZ Management LP (1.36%). Company insiders that own Noble Midstream Partners LP stock include Gary W Willingham, John C Nicholson, John F Iv Bookout, Martin Salinas, Terry R Gerhart and Thomas W Christensen. View Institutional Ownership Trends for Noble Midstream Partners LP.

Who sold Noble Midstream Partners LP stock? Who is selling Noble Midstream Partners LP stock?

Noble Midstream Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Westwood Holdings Group Inc., TPH Asset Management LLC, Atlantic Trust Group LLC, OppenheimerFunds Inc., Kayne Anderson Capital Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and NBW Capital LLC. View Insider Buying and Selling for Noble Midstream Partners LP.

Who bought Noble Midstream Partners LP stock? Who is buying Noble Midstream Partners LP stock?

Noble Midstream Partners LP's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Spirit of America Management Corp NY, Bank of America Corp DE, UBS Group AG, Acadian Asset Management LLC, BP Capital Fund Advisors LLC, Wellington Management Group LLP and Miller Howard Investments Inc. NY. Company insiders that have bought Noble Midstream Partners LP stock in the last two years include Gary W Willingham, John C Nicholson, John F Iv Bookout, Martin Salinas, Terry R Gerhart and Thomas W Christensen. View Insider Buying and Selling for Noble Midstream Partners LP.

How do I buy Noble Midstream Partners LP stock?

Shares of Noble Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Noble Midstream Partners LP stock cost?

One share of Noble Midstream Partners LP stock can currently be purchased for approximately $45.62.

Analyst Ratings

Consensus Ratings for Noble Midstream Partners LP (NYSE:NBLX) (?)
Ratings Breakdown: 1 Hold Rating, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: $40.70 (10.78% downside)

Analysts' Ratings History for Noble Midstream Partners LP (NYSE:NBLX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/2/2017Barclays PLCSet Price TargetBuy$55.00MediumView Rating Details
3/24/2017Johnson RiceInitiated CoverageBuyHighView Rating Details
2/15/2017MizuhoBoost Price TargetBuy$47.00 -> $51.00N/AView Rating Details
2/14/2017Deutsche Bank AGSet Price TargetHold$39.00N/AView Rating Details
2/1/2017Citigroup IncReiterated RatingBuy$38.00 -> $49.00N/AView Rating Details
10/31/2016Wells Fargo & CoInitiated CoverageOutperformN/AView Rating Details
10/13/2016ScotiabankReiterated RatingOutperform$38.00N/AView Rating Details
10/12/2016Bank of America CorpReiterated RatingBuy$32.00N/AView Rating Details
10/10/2016Mitsubishi UFJ Financial GroupReiterated RatingOverweightN/AView Rating Details
10/11/2016Howard WeilInitiated CoverageSector Outperform$38.00N/AView Rating Details
10/10/2016JPMorgan Chase & Co.Initiated CoverageOverweight$34.00N/AView Rating Details
10/10/2016Robert W. BairdInitiated CoverageOutperform$39.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Noble Midstream Partners LP (NYSE:NBLX)
Earnings by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Earnings History by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/13/2017Q416$0.78$0.80$42.08 million$48.47 millionViewN/AView Earnings Details
11/2/2016Q316$0.43$0.10$32.63 million$48.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Noble Midstream Partners LP (NYSE:NBLX)
Current Year EPS Consensus Estimate: $3.44 EPS
Next Year EPS Consensus Estimate: $4.65 EPS

Dividends

Current Dividend Information for Noble Midstream Partners LP (NYSE:NBLX)
Most Recent Dividend:5/15/2017
Annual Dividend:$0.43
Dividend Yield:0.94%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:12.50% (Based on This Year's Estimates)
9.25% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Noble Midstream Partners LP (NYSE:NBLX)

Dividend History by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.415/4/20175/8/20175/15/2017
1/26/2017quarterly$0.432/2/20172/6/20172/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Noble Midstream Partners LP (NYSE:NBLX)
Institutional Ownership Percentage: 88.38%
Insider Trades by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Institutional Ownership by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Insider Trades by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/8/2016Martin SalinasDirectorBuy7,000$30.01$210,070.00View SEC Filing  
9/20/2016Gary W WillinghamDirectorBuy10,000$22.50$225,000.00View SEC Filing  
9/20/2016John C NicholsonCOOBuy2,700$22.50$60,750.00View SEC Filing  
9/20/2016John F Iv BookoutCFOBuy7,000$22.50$157,500.00View SEC Filing  
9/20/2016Terry R GerhartCEOBuy15,000$22.50$337,500.00View SEC Filing  
9/20/2016Thomas W ChristensenInsiderBuy1,500$22.50$33,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Noble Midstream Partners LP (NYSE:NBLX)
Latest Headlines for Noble Midstream Partners LP (NYSE:NBLX)
Source:
DateHeadline
americanbankingnews.com logo Analysts Anticipate Noble Midstream Partners LP (NBLX) Will Post Quarterly Sales of $45.6 Million
www.americanbankingnews.com - May 21 at 9:46 AM
seekingalpha.com logoNoble Energy sells Marcellus midstream business for $765M
seekingalpha.com - May 18 at 8:13 AM
americanbankingnews.com logo$0.77 EPS Expected for Noble Midstream Partners LP (NBLX) This Quarter
www.americanbankingnews.com - May 16 at 6:24 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 5 at 7:14 PM
americanbankingnews.com logoBarclays PLC Analysts Give Noble Midstream Partners LP (NBLX) a $55.00 Price Target
www.americanbankingnews.com - May 4 at 1:18 AM
News IconBRIEF-Noble Midstream raises FY 2017 EBITDA to $146 mln-$162 mln
www.businessinsider.com - May 3 at 5:13 AM
seekingalpha.com logoNoble Midstream Partners' (NBLX) CEO Terry Gerhart on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 5:13 AM
finance.yahoo.com logoEdited Transcript of NBLX earnings conference call or presentation 2-May-17 6:00pm GMT
finance.yahoo.com - May 3 at 5:13 AM
seekingalpha.com logoNoble Midstream Partners LP beats by $0.10, beats on revenue
seekingalpha.com - May 1 at 5:43 PM
businesswire.com logoNoble Midstream Partners Reports First Quarter 2017 Results and Increases Guidance
www.businesswire.com - May 1 at 5:43 PM
finance.yahoo.com logoNoble Midstream Partners LP – Value Analysis (NYSE:NBLX) : May 1, 2017
finance.yahoo.com - May 1 at 5:43 PM
marketbeat.com logoNoble Midstream Partners posts 1Q profit
marketbeat.com - May 1 at 4:33 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 29 at 9:36 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 28 at 8:02 PM
finance.yahoo.com logoNoble Midstream Partners LP breached its 50 day moving average in a Bearish Manner : NBLX-US : April 28, 2017
finance.yahoo.com - April 28 at 9:01 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 28 at 1:04 AM
finance.yahoo.com logoNoble Midstream Partners Increases Quarterly Distribution
finance.yahoo.com - April 27 at 7:17 PM
americanbankingnews.com logoNoble Midstream Partners LP to Issue Quarterly Dividend of $0.41 (NBLX)
www.americanbankingnews.com - April 27 at 4:10 PM
americanbankingnews.com logoZacks: Brokerages Expect Noble Midstream Partners LP (NBLX) Will Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - April 26 at 8:33 AM
reuters.com logoBRIEF-Noble Midstream announces additional acreage dedications in Delaware basin
www.reuters.com - April 25 at 8:21 AM
finance.yahoo.com logoNoble Midstream Partners Announces Additional Acreage Dedications in the Delaware Basin
finance.yahoo.com - April 25 at 8:21 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Rating Increased to Strong-Buy at Zacks Investment Research
www.americanbankingnews.com - April 23 at 5:38 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 15 at 7:12 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - April 14 at 12:22 PM
finance.yahoo.com logoNoble Midstream Partners Schedules First Quarter 2017 Earnings Webcast and Conference Call
finance.yahoo.com - April 11 at 11:02 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 10 at 6:31 PM
americanbankingnews.com logoZacks Investment Research Upgrades Noble Midstream Partners LP (NBLX) to "Buy"
www.americanbankingnews.com - April 8 at 11:21 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - April 8 at 7:32 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 31 at 5:04 PM
seekingalpha.com logoMLPs: Pending Catalysts
seekingalpha.com - March 26 at 6:17 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Now Covered by Johnson Rice
www.americanbankingnews.com - March 25 at 10:59 AM
americanbankingnews.com logoZacks Investment Research Lowers Noble Midstream Partners LP (NBLX) to Hold
www.americanbankingnews.com - March 22 at 10:29 PM
bizjournals.com logoPhillips 66 looks for committed shippers on new pipeline project
www.bizjournals.com - March 17 at 6:54 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Receives Consensus Recommendation of “Buy” from Analysts
www.americanbankingnews.com - March 15 at 11:36 AM
finance.yahoo.com logoNoble Midstream Partners 2016 Annual Report Available Online
finance.yahoo.com - March 13 at 10:10 AM
finance.yahoo.com logoInsider Invests in Plains GP Holdings
finance.yahoo.com - March 3 at 6:47 PM
finance.yahoo.com logoNOBLE MIDSTREAM PARTNERS LP Financials
finance.yahoo.com - February 18 at 5:57 PM
seekingalpha.com logoNoble Midstream hits 52-week high following string of positive news
seekingalpha.com - February 16 at 6:20 PM
forbes.com logoEnhancing Both Parts: Noble Energy IPO Carve-Out Of Noble Midstream Partners LP
www.forbes.com - February 16 at 6:20 PM
finance.yahoo.com logoEdited Transcript of NBLX earnings conference call or presentation 14-Feb-17 7:00pm GMT
finance.yahoo.com - February 15 at 2:23 AM
biz.yahoo.com logoNOBLE MIDSTREAM PARTNERS LP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 14 at 9:20 PM
feeds.benzinga.com logoNo One Cares About Noble Midstream's Q4 Results; Focus Is On New Guidance
feeds.benzinga.com - February 14 at 11:13 AM
us.rd.yahoo.com logoNoble Midstream Partners Announces 2017 Capital Budget and Guidance
us.rd.yahoo.com - February 14 at 6:01 AM
reuters.com logoBRIEF-Noble Midstream Partners reports Q4 revenue $48 million
www.reuters.com - February 13 at 7:56 PM
finance.yahoo.com logoNoble Midstream Partners Reports Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - February 13 at 7:56 PM
seekingalpha.com logoNoble Midstream Partners LP beats by $0.02, beats on revenue
seekingalpha.com - February 13 at 7:56 PM
streetinsider.com logoNoble Midstream Partners LP (NBLX) Reports FY17 Capital Budget and Guidance
www.streetinsider.com - February 13 at 7:56 PM
us.rd.yahoo.com logoNoble Midstream Partners Announces Pipeline Joint Venture Expanding Delaware Basin Footprint
us.rd.yahoo.com - February 13 at 9:53 AM
biz.yahoo.com logoQ4 2016 Noble Midstream Partners LP Earnings Release - After Market Close
biz.yahoo.com - February 13 at 9:53 AM
bizjournals.com logoHouston energy cos. team up in Permian joint venture
www.bizjournals.com - February 13 at 9:53 AM

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Chart

Noble Midstream Partners LP (NBLX) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff