NYSE:NBLX - Noble Midstream Partners Stock Price, Forecast & News

Noble Midstream Partners' stock was trading at $5.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NBLX stock has decreased by 49.6% and is now trading at $2.90. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble Midstream Partners in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Noble Midstream Partners.

Noble Midstream Partners is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for Noble Midstream Partners.

Noble Midstream Partners LP (NYSE:NBLX) announced its quarterly earnings results on Wednesday, February, 12th. The energy company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.45 by $0.20. The energy company had revenue of $190.77 million for the quarter, compared to analysts' expectations of $180.80 million. Noble Midstream Partners had a return on equity of 11.62% and a net margin of 26.19%. View Noble Midstream Partners' earnings history.

Noble Midstream Partners announced a quarterly dividend on Thursday, January 23rd. Stockholders of record on Tuesday, February 4th will be paid a dividend of $0.6878 per share on Friday, February 14th. This represents a $2.75 annualized dividend and a dividend yield of 94.87%. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from Noble Midstream Partners's previous quarterly dividend of $0.67. View Noble Midstream Partners' dividend history.

11 brokers have issued 1-year target prices for Noble Midstream Partners' shares. Their forecasts range from $6.00 to $49.00. On average, they expect Noble Midstream Partners' stock price to reach $29.55 in the next year. This suggests a possible upside of 918.8% from the stock's current price. View analysts' price targets for Noble Midstream Partners.

Media coverage about NBLX stock has trended somewhat negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Noble Midstream Partners earned a news impact score of -1.6 on InfoTrie's scale. They also assigned media headlines about the energy company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutNoble Midstream Partners.

Some companies that are related to Noble Midstream Partners include Enbridge (ENB), Mplx (MPLX), Magellan Midstream Partners (MMP), Phillips 66 Partners (PSXP), Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Holly Energy Partners (HEP), Plains GP (PAGP), BP Midstream Partners (BPMP), NuStar Energy (NS), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Noble Midstream Partners investors own include Noble Energy (NBL), AT&T (T), Energy Transfer LP Unit (ET), Noble (NE), Enterprise Products Partners (EPD), Exxon Mobil (XOM), AbbVie (ABBV), CNX Midstream Partners (CNXM), Enbridge (ENB) and EPR Properties (EPR).

(NBLX) raised $250 million in an initial public offering (IPO) on Thursday, September 15th 2016. The company issued 12,500,000 shares at $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.

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

Noble Midstream Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (22.96%), Alps Advisors Inc. (10.13%), FMR LLC (5.29%), Brookfield Public Securities Group LLC (4.37%), Kayne Anderson Capital Advisors LP (3.39%) and Goldman Sachs Group Inc. (2.75%). Company insiders that own Noble Midstream Partners stock include Aaron G Carlson, Andy Viens, Brent J Smolik, Martin Salinas and Thomas W Christensen. View institutional ownership trends for Noble Midstream Partners.

NBLX stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Cannell Peter B & Co. Inc., Eagle Global Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Goldman Sachs Group Inc., Bank of Montreal Can, Infrastructure Capital Advisors LLC, and Bank of America Corp DE. View insider buying and selling activity for Noble Midstream Partners.

NBLX stock was bought by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Brookfield Public Securities Group LLC, Alps Advisors Inc., Kayne Anderson Capital Advisors LP, FMR LLC, Credit Suisse AG, Hotchkis & Wiley Capital Management LLC, and Duff & Phelps Investment Management Co.. Company insiders that have bought Noble Midstream Partners stock in the last two years include Aaron G Carlson, Andy Viens, Brent J Smolik, Martin Salinas, and Thomas W Christensen. View insider buying and selling activity for Noble Midstream Partners.

Shares of NBLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NBLX stock can currently be purchased for approximately $2.90.

Noble Midstream Partners has a market capitalization of $115.15 million and generates $495.52 million in revenue each year. The energy company earns $162.73 million in net income (profit) each year or $3.96 on an earnings per share basis.  View additional information about Noble Midstream Partners.

The official website for Noble Midstream Partners is http://www.nblmidstream.com/.

Noble Midstream Partners' mailing address is 1001 Noble Energy Way, Houston TX, 77070. The energy company can be reached via phone at 281-872-3100 or via email at [email protected]