NYSE:NBLXNoble Midstream Partners Stock Price, Forecast & 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 $9.32 -0.07 (-0.75 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$9.31Now: $9.32▼$9.6750-Day Range$3.92MA: $6.48▼$9.9952-Week Range$1.81Now: $9.32▼$34.50Volume17,067 shsAverage Volume828,741 shsMarket Capitalization$842.27 millionP/E Ratio2.35Dividend Yield7.76%Beta1.35 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.1 Analyst's Opinion Consensus RatingNoble Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 1 buy rating, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.60, Noble Midstream Partners has a potential upside of 196.1% from its current price of $9.32.Amount of Analyst CoverageNoble Midstream Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesNoble Midstream Partners has received 285 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNoble Midstream Partners has received 277 “underperform” votes. (Add your “underperform” vote.)Community SentimentNoble Midstream Partners has received 50.71% “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 7.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNoble Midstream Partners has only been increasing its dividend for 2 years.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 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Noble Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $167,450.00 in company stock and sold $0.00 in 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 2.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Noble Midstream Partners is 2.35, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.77.Price to Book Value per Share RatioNoble Midstream Partners has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 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 Ratio2.35 Forward P/E Ratio2.98 P/E GrowthN/A Sales & Book Value Annual Sales$495.52 million Price / Sales1.70 Cash Flow$1.93 per share Price / Cash Flow4.84 Book Value$33.19 per share Price / Book0.28Profitability 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 Shares90,372,000Market Cap$842.27 million Next Earnings Date8/7/2020 (Estimated) OptionableOptionable NBLX Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? 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. Since then, NBLX stock has increased by 62.1% and is now trading at $9.32. 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) released its quarterly earnings results on Friday, May, 8th. The energy company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.76. The energy company earned $224.05 million during the quarter, compared to analysts' expectations 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 announced a quarterly dividend on Wednesday, April 29th. Stockholders 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 annualized dividend and a yield of 8.05%. The ex-dividend date is Thursday, May 7th. View Noble Midstream Partners' dividend history. What price target have analysts set for NBLX? 10 analysts have issued 1-year price targets for Noble Midstream Partners' stock. Their forecasts range from $6.00 to $41.00. On average, they expect Noble Midstream Partners' share price to reach $27.60 in the next year. This suggests a possible upside of 196.1% from the stock's current price. View analysts' price targets for Noble Midstream Partners. Has Noble Midstream Partners been receiving favorable news coverage? Media stories about NBLX stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Noble Midstream Partners earned a news sentiment score of 2.6 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 0.0 out of 10, indicating 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. Who are some of Noble Midstream Partners' key competitors? Some companies that are related to Noble Midstream Partners include NuStar Energy (NS), Plains GP (PAGP), Holly Energy Partners (HEP), 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 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 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 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 institutional 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 institutional investors are buying Noble Midstream Partners stock? NBLX stock was purchased 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 $9.32. How big of a company is Noble Midstream Partners? Noble Midstream Partners has a market capitalization of $842.27 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 6/2/2020 by MarketBeat.com Staff
