NYSE:NBLXNoble 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. Since then, NBLX shares have increased by 42.3% and is now trading at $8.18. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noble Midstream Partners in the last year. There are currently 8 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) announced its quarterly earnings data on Friday, May, 8th. The energy company reported $1.33 earnings per share for the quarter, beating the Zacks' consensus estimate 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.

Noble Midstream Partners declared a quarterly dividend on Wednesday, April 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 9.17%. The ex-dividend date of this dividend is Thursday, May 7th. View Noble Midstream Partners' dividend history.

9 equities research analysts have issued 12-month target prices for Noble Midstream Partners' shares. Their forecasts range from $6.00 to $35.00. On average, they anticipate Noble Midstream Partners' stock price to reach $24.33 in the next year. This suggests a possible upside of 197.5% from the stock's current price. View analysts' price targets for Noble Midstream Partners.

News stories about NBLX stock have been trending very negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Noble Midstream Partners earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the energy company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Noble 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 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.

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

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 $8.18.

Noble Midstream Partners has a market capitalization of $739.24 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]