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NYSE:NBLXNoble Midstream Partners Stock Price, Forecast & News

$9.02
-0.37 (-3.94 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$9.02
Now: $9.02
$9.71
50-Day Range
$3.92
MA: $6.58
$9.99
52-Week Range
$1.81
Now: $9.02
$34.50
Volume726,647 shs
Average Volume827,775 shs
Market Capitalization$815.16 million
P/E Ratio2.28
Dividend Yield7.99%
Beta1.35
Noble Midstream Partners LP owns, operates, develops, and acquires midstream infrastructure assets in the United States. It operates through three segments: Gathering Systems, Fresh Water Delivery, and Investments and Other. The company provides crude oil, natural gas, and water-related midstream services. It operates in the Denver-Julesburg Basin in Colorado and the Delaware Basin in Texas. The company was founded in 2014 and is based in Houston, Texas. Noble Midstream Partners LP operates as a subsidiary of Noble Energy, Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.95 out of 5 stars


Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone281-872-3100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$495.52 million
Cash Flow$1.86 per share
Book Value$33.19 per share

Profitability

Net Income$162.73 million

Miscellaneous

EmployeesN/A
Market Cap$815.16 million
Next Earnings Date8/7/2020 (Estimated)
OptionableOptionable

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Noble Midstream Partners (NYSE:NBLX) Frequently Asked Questions

How has Noble Midstream Partners' stock been impacted by COVID-19 (Coronavirus)?

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 shares have increased by 56.9% and is now trading at $9.02. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Noble Midstream Partners?

10 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Noble Midstream Partners.

When is Noble Midstream Partners' next earnings date?

Noble Midstream Partners is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Noble Midstream Partners.

How were Noble Midstream Partners' earnings last quarter?

Noble Midstream Partners LP (NYSE:NBLX) issued its quarterly earnings results on Friday, May, 8th. The energy company reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.76. The energy company earned $224.05 million during the quarter, compared to analyst estimates of $204.90 million. Noble Midstream Partners had a net margin of 26.19% and a return on equity of 11.62%. View Noble Midstream Partners' earnings history.

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

Noble Midstream Partners declared a quarterly dividend on Wednesday, April 29th. Investors of record on Friday, May 8th will be given a dividend of $0.1875 per share on Friday, May 15th. This represents a $0.75 annualized dividend and a yield of 8.31%. The ex-dividend date is Thursday, May 7th. View Noble Midstream Partners' dividend history.

What price target have analysts set for NBLX?

10 equities research analysts have issued twelve-month target prices for Noble Midstream Partners' stock. Their forecasts range from $6.00 to $41.00. On average, they anticipate Noble Midstream Partners' stock price to reach $27.60 in the next twelve months. This suggests a possible upside of 206.0% from the stock's current price. View analysts' price targets for Noble Midstream Partners.

Has Noble Midstream Partners been receiving favorable news coverage?

Media coverage about NBLX stock has trended extremely negative this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Noble Midstream Partners earned a daily sentiment score of -4.6 on InfoTrie's scale. They also assigned news coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutNoble Midstream Partners.

Who are some of Noble Midstream Partners' key competitors?

What other stocks do shareholders of Noble Midstream Partners own?

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), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Noble (NE), AbbVie (ABBV), IBM (IBM), Verizon Communications (VZ) and Enbridge (ENB).

Who are Noble Midstream Partners' key executives?

Noble Midstream Partners' management team includes the following people:
  • Mr. Terry R. Gerhart, CEO & Director of Noble Midstream GP LLC (Age 59)
  • Mr. John F. Bookout IV, Chief Financial Officer of Noble Midstream GP LLC (Age 33)
  • Mr. John C. Nicholson, Chief Operating Officer of Noble Midstream GP LLC (Age 34)
  • Mr. Thomas W. Christensen, Chief Accounting Officer of Noble Midstream GP LLC (Age 37)
  • Mr. Andrew E. Viens, Director of Noble Midstream GP LLC (Age 64)

When did Noble Midstream Partners IPO?

(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 served 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.

What is Noble Midstream Partners' stock symbol?

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

Who are Noble Midstream Partners' major shareholders?

Noble Midstream Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (10.91%), Alps Advisors Inc. (10.76%), Clearbridge Investments LLC (1.82%), Invesco Ltd. (2.95%), JPMorgan Chase & Co. (2.50%) and Cohen & Steers Inc. (1.93%). 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.

Which major investors are selling Noble Midstream Partners stock?

NBLX stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Harvest Fund Advisors LLC, HITE Hedge Asset Management LLC, UBS Group AG, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Spirit of America Management Corp NY, Wells Fargo & Company MN, and Infrastructure Capital Advisors LLC. View insider buying and selling activity for Noble Midstream Partners.

Which major investors are buying Noble Midstream Partners stock?

NBLX stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Clearbridge Investments LLC, Cohen & Steers Inc., Invesco Ltd., Alps Advisors Inc., Citigroup Inc., Morgan Stanley, and Morgan Stanley. 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.

How do I buy shares of 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.

What is Noble Midstream Partners' stock price today?

One share of NBLX stock can currently be purchased for approximately $9.02.

How big of a company is Noble Midstream Partners?

Noble Midstream Partners has a market capitalization of $815.16 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.

What is Noble Midstream Partners' official website?

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

How can I contact Noble Midstream Partners?

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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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