NYSE:NBLXNoble Midstream Partners Stock Price, Forecast & News

Noble Midstream Partners' stock was trading at $5.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NBLX shares have increased by 73.7% and is now trading at $9.99. View which stocks have been most impacted by Coronavirus.

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.

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.

Noble Midstream Partners LP (NYSE:NBLX) issued its quarterly earnings data on Wednesday, February, 12th. The energy company reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.20. The energy company had revenue of $190.77 million for the quarter, compared to analyst estimates of $180.80 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.

Noble Midstream Partners announced a quarterly dividend on Wednesday, April 29th. Investors of record on Friday, May 8th will be paid a dividend of $0.1875 per share on Friday, May 15th. This represents a $0.75 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date of this dividend is Thursday, May 7th. View Noble Midstream Partners' dividend history.

10 Wall Street analysts have issued 1-year target prices for Noble Midstream Partners' shares. 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 year. This suggests a possible upside of 176.3% from the stock's current price. View analysts' price targets for Noble Midstream Partners.

Media coverage about NBLX stock has been trending positive on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Noble Midstream Partners earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned news articles about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutNoble Midstream Partners.

Some companies that are related to Noble Midstream Partners include Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all competitors.

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).

(NBLX) raised $250 million in an initial public offering 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.

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 institutional and retail 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.

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.

NBLX stock was bought 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.

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 $9.99.

Noble Midstream Partners has a market capitalization of $902.82 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.

The official website for Noble Midstream Partners is 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]