NYSE:NBLX Noble Midstream Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Noble Midstream Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.70 -0.19 (-2.76 %) (As of 09/25/2020 12:20 PM ET) Add Compare Share Today's Range$6.51Now: $6.70▼$6.8050-Day Range$6.83MA: $8.73▼$9.9952-Week Range$1.81Now: $6.70▼$28.88Volume21,727 shsAverage Volume752,347 shsMarket Capitalization$605.48 millionP/E Ratio1.69Dividend Yield10.98%Beta1.35 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingNoble Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.83, Noble Midstream Partners has a forecasted upside of 110.6% from its current price of $6.57.Amount of Analyst CoverageNoble Midstream Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesNoble Midstream Partners has received 288 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNoble Midstream Partners has received 282 “underperform” votes. (Add your “underperform” vote.)Community SentimentNoble Midstream Partners has received 50.53% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Noble Midstream Partners and other stocks. Vote “Outperform” if you believe NBLX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NBLX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipNoble Midstream Partners is a leading dividend payer. It pays a dividend yield of 10.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNoble Midstream Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Noble Midstream Partners is 18.94%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Noble Midstream Partners will have a dividend payout ratio of 35.38% next year. This indicates that Noble Midstream Partners will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Noble Midstream Partners insiders have not sold or bought any company stock.Percentage Held by Institutions53.02% of the stock of Noble Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Noble Midstream Partners are expected to decrease by -32.27% in the coming year, from $3.13 to $2.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Noble Midstream Partners is 1.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Noble Midstream Partners is 1.66, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.54.Price to Book Value per Share RatioNoble Midstream Partners has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.34 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NBLX Previous Symbol CUSIPN/A CIK1647513 Webwww.nblmidstream.com Phone281-872-3100Debt Debt-to-Equity Ratio0.66 Current Ratio0.77 Quick Ratio0.77Price-To-Earnings Trailing P/E Ratio1.69 Forward P/E Ratio2.14 P/E GrowthN/A Sales & Book Value Annual Sales$495.52 million Price / Sales1.22 Cash Flow$1.38 per share Price / Cash Flow4.84 Book Value$33.19 per share Price / Book0.20Profitability EPS (Most Recent Fiscal Year)$3.96 Net Income$162.73 million Net Margins26.19% Return on Equity11.62% Return on Assets6.79%Miscellaneous EmployeesN/A Outstanding Shares90,370,000Market Cap$605.48 million Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $6.70 -0.19 (-2.76 %) (As of 09/25/2020 12:20 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive NBLX News and Ratings via Email Sign-up to receive the latest news and ratings for NBLX and its competitors with MarketBeat's FREE daily newsletter. Noble Midstream Partners (NYSE:NBLX) Frequently Asked Questions How has Noble Midstream Partners' stock price been impacted by COVID-19? Noble Midstream Partners' stock was trading at $5.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NBLX shares have increased by 16.3% and is now trading at $6.69. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Noble Midstream Partners? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble Midstream Partners in the last year. There are currently 1 sell rating, 4 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 Thursday, November 5th 2020. View our earnings forecast for Noble Midstream Partners. How were Noble Midstream Partners' earnings last quarter? Noble Midstream Partners LP (NYSE:NBLX) announced its earnings results on Monday, August, 3rd. The energy company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.15. The energy company had revenue of $145.95 million for the quarter, compared to the consensus estimate of $164.40 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. 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 Tuesday, July 28th. Investors of record on Friday, August 7th will be given a dividend of $0.1875 per share on Friday, August 14th. This represents a $0.75 annualized dividend and a dividend yield of 11.21%. The ex-dividend date of this dividend is Thursday, August 6th. View Noble Midstream Partners' dividend history. What price target have analysts set for NBLX? 6 Wall Street analysts have issued 12-month price objectives for Noble Midstream Partners' stock. Their forecasts range from $5.00 to $29.00. On average, they anticipate Noble Midstream Partners' stock price to reach $13.83 in the next twelve months. This suggests a possible upside of 106.8% from the stock's current price. View analysts' price targets for Noble Midstream Partners. Who are some of Noble Midstream Partners' key competitors? Some companies that are related to Noble Midstream Partners include Holly Energy Partners (HEP), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all 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 AT&T (T), Noble Energy (NBL), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Pfizer (PFE), Cisco Systems (CSCO), Verizon Communications (VZ), AbbVie (ABBV), Noble (NE) and Johnson & Johnson (JNJ). 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 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. 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 institutional and retail investors. Top institutional investors include Alps Advisors Inc. (4.54%), FMR LLC (1.94%), Brookfield Asset Management Inc. (1.40%), Kayne Anderson Capital Advisors LP (1.38%), Kore Private Wealth LLC (0.82%) and CIBC Private Wealth Group LLC (0.61%). 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 institutional investors are selling Noble Midstream Partners stock? NBLX stock was sold by a variety of institutional investors in the last quarter, including HITE Hedge Asset Management LLC, Goldman Sachs Group Inc., Alps Advisors Inc., Kore Private Wealth LLC, Kayne Anderson Capital Advisors LP, FMR LLC, Russell Investments Group Ltd., and Teacher Retirement System of Texas. View insider buying and selling activity for Noble Midstream Partners. Which institutional investors are buying Noble Midstream Partners stock? NBLX stock was bought by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., CIBC Private Wealth Group LLC, Blackstone Group Inc, Bank of America Corp DE, Jane Street Group LLC, California Public Employees Retirement System, Virtu Financial LLC, and Advisor Group Holdings Inc.. 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 $6.69. How big of a company is Noble Midstream Partners? Noble Midstream Partners has a market capitalization of $604.58 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 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
