About Noble Midstream Partners LP (NYSE:NBLX)
Noble Midstream Partners LP is engaged in owning, operating, developing and acquiring a range of domestic midstream infrastructure assets. The Company's areas of focus are in the area of Denver-Julesburg (DJ) Basin in Colorado and the Southern Delaware Basin position of the Permian Basin in Texas (Delaware Basin). Its segments include Gathering Systems, Fresh Water Delivery, and Investments in White Cliffs and Other. The Gathering Systems segment includes crude oil, natural gas and produced water gathering, as well as crude oil treating. It holds interest in White Cliffs Pipeline L.L.C. (the White Cliffs Interest). The Investments in White Cliffs and Other segment includes activity associated with the White Cliffs Interest. As of December 31, 2016, the White Cliffs Pipeline system consisted of two 527-mile crude oil pipelines that extended from the DJ Basin to the Cushing, Oklahoma. It provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc.
Industry, Sector and Symbol:
- Industry: Oil & Gas Transportation Services
- Sub-Industry: N/A
- Sector: Oils/Energy
- Symbol: NYSE:NBLX
- CUSIP: N/A
- Web: www.nblmidstream.com
- Debt-to-Equity Ratio: 0.59%
- Current Ratio: 0.40%
- Quick Ratio: 0.40%
Sales & Book Value:
- Trailing P/E Ratio: 13.85
- Forward P/E Ratio: 12.72
- P/E Growth: 0.64
- Annual Sales: $160.72 million
- Price / Sales: 6.36
- Cash Flow: $2.35 per share
- Price / Cash: 21.72
- Book Value: $17.11 per share
- Price / Book: 2.98
- Annual Dividend: $1.87
- Dividend Yield: 3.6%
- Trailing EPS: $3.70
- Net Income: $74.44 million
- Net Margins: 55.83%
- Return on Equity: 36.74%
- Return on Assets: 24.51%
- Employees: 90
- Outstanding Shares: 20,030,000
Frequently Asked Questions for Noble Midstream Partners LP (NYSE:NBLX)
What is Noble Midstream Partners LP's stock symbol?
Noble Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "NBLX."
How often does Noble Midstream Partners LP pay dividends? What is the dividend yield for Noble Midstream Partners LP?
Noble Midstream Partners LP announced a quarterly dividend on Thursday, October 26th. Shareholders of record on Monday, November 6th will be paid a dividend of $0.467 per share on Monday, November 13th. This represents a $1.87 annualized dividend and a yield of 3.66%. The ex-dividend date is Friday, November 3rd. This is a positive change from Noble Midstream Partners LP's previous quarterly dividend of $0.45. View Noble Midstream Partners LP's Dividend History.
How were Noble Midstream Partners LP's earnings last quarter?
Noble Midstream Partners LP (NYSE:NBLX) announced its earnings results on Monday, October, 30th. The energy company reported $1.15 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.05 by $0.10. The energy company earned $63.11 million during the quarter, compared to analyst estimates of $60.29 million. Noble Midstream Partners LP had a return on equity of 36.74% and a net margin of 55.83%. View Noble Midstream Partners LP's Earnings History.
When will Noble Midstream Partners LP make its next earnings announcement?
Where is Noble Midstream Partners LP's stock going? Where will Noble Midstream Partners LP's stock price be in 2017?
8 equities research analysts have issued 12 month price targets for Noble Midstream Partners LP's shares. Their predictions range from $39.00 to $60.00. On average, they expect Noble Midstream Partners LP's share price to reach $51.86 in the next twelve months. View Analyst Ratings for Noble Midstream Partners LP.
Are investors shorting Noble Midstream Partners LP?
Noble Midstream Partners LP saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 358,808 shares, a decline of 40.2% from the October 13th total of 599,768 shares. Based on an average daily trading volume, of 55,688 shares, the short-interest ratio is currently 6.4 days. Currently, 2.1% of the company's shares are sold short.
Who are some of Noble Midstream Partners LP's key competitors?
Some companies that are related to Noble Midstream Partners LP include Bp Midstream Lp (BPMP), Semgroup Corporation (SEMG), Ship Finance International Limited (SFL), Western Refining Logistics, LP (WNRL), Summit Midstream Partners, LP (SMLP), Enbridge Energy Management LLC (EEQ), Teekay Offshore Partners L.P. (TOO), Columbia Pipeline Partners LP (CPPL), VTTI Energy Partners LP (VTTI), QEP Midstream Partners LP (QEPM), PBF Logistics LP (PBFX), Penntex Midstream Partners LP (PTXP), Delek Logistics Partners, L.P. (DKL), World Point Terminals LP (WPT), Teekay Tankers (TNK), Blueknight Energy Partners L.P., L.L.C. (BKEP), Southcross Energy Partners, L.P. (SXE) and Rose Rock Midstream LP (RRMS).
Who are Noble Midstream Partners LP's key executives?
Noble Midstream Partners LP's management team includes the folowing people:
- Kenneth M. Fisher, Chairman of the Board of General Partner (Age 55)
- Terry R. Gerhart, Chief Executive Officer, Director of General Partner (Age 56)
- John F. Bookout IV, Chief Financial Officer of General Partner (Age 30)
- John C. Nicholson, Chief Operating Officer of General Partner (Age 32)
- Thomas W. Christensen, Chief Accounting Officer of General Partner (Age 34)
- Charles J. Rimer, Director of General Partner (Age 59)
- Martin Salinas Jr., Director of General Partner (Age 45)
- Hallie A. Vanderhider, Director of General Partner (Age 58)
- Gary W. Willingham, Director of General Partner (Age 52)
- Andrew Viens, Independent Director of General Partner
When did Noble Midstream Partners LP IPO?
(NBLX) raised $250 million in an initial public offering (IPO) on Thursday, September 15th 2016. The company issued 12,500,000 shares at a price of $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.
Who owns Noble Midstream Partners LP stock?
Noble Midstream Partners LP's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (14.41%), Harvest Fund Advisors LLC (8.76%), Kayne Anderson Capital Advisors LP (8.20%), HITE Hedge Asset Management LLC (5.45%), Cannell Peter B & Co. Inc. (5.07%) and JPMorgan Chase & Co. (1.79%). Company insiders that own Noble Midstream Partners LP stock include Gary W Willingham, John C Nicholson, John F Iv Bookout, Martin Salinas, Terry R Gerhart and Thomas W Christensen. View Institutional Ownership Trends for Noble Midstream Partners LP.
Who sold Noble Midstream Partners LP stock? Who is selling Noble Midstream Partners LP stock?
Noble Midstream Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Tortoise Capital Advisors L.L.C., Russell Investments Group Ltd., Cannell Peter B & Co. Inc., GSA Capital Partners LLP, Jennison Associates LLC, Cohen & Steers Inc. and Beck Capital Management LLC. View Insider Buying and Selling for Noble Midstream Partners LP.
Who bought Noble Midstream Partners LP stock? Who is buying Noble Midstream Partners LP stock?
Noble Midstream Partners LP's stock was bought by a variety of institutional investors in the last quarter, including HITE Hedge Asset Management LLC, Harvest Fund Advisors LLC, Magnetar Financial LLC, RR Advisors LLC, JPMorgan Chase & Co., Anchor Bolt Capital LP, Spirit of America Management Corp NY and Cadence Capital Management LLC. Company insiders that have bought Noble Midstream Partners LP stock in the last two years include Gary W Willingham, John C Nicholson, John F Iv Bookout, Martin Salinas, Terry R Gerhart and Thomas W Christensen. View Insider Buying and Selling for Noble Midstream Partners LP.
How do I buy Noble Midstream Partners LP stock?
Shares of Noble Midstream Partners LP 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, Scottrade, Fidelity and Charles Schwab.
What is Noble Midstream Partners LP's stock price today?
One share of Noble Midstream Partners LP stock can currently be purchased for approximately $51.00.
How big of a company is Noble Midstream Partners LP?
Noble Midstream Partners LP has a market capitalization of $1.03 billion and generates $160.72 million in revenue each year. The energy company earns $74.44 million in net income (profit) each year or $3.70 on an earnings per share basis. Noble Midstream Partners LP employs 90 workers across the globe.
How can I contact Noble Midstream Partners LP?
Noble Midstream Partners LP's 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]
MarketBeat Community Rating for Noble Midstream Partners LP (NBLX)MarketBeat's community ratings are surveys of what our community members think about Noble Midstream Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Noble Midstream Partners LP (NYSE:NBLX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$51.86 (1.68% upside)|
Consensus Price Target History for Noble Midstream Partners LP (NYSE:NBLX)
Analysts' Ratings History for Noble Midstream Partners LP (NYSE:NBLX)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/31/2017||Mizuho||Set Price Target||Hold||$53.00||N/A|
|10/10/2017||Seaport Global Securities||Initiated Coverage||Buy||$60.00||N/A|
|8/31/2017||Robert W. Baird||Reiterated Rating||Buy||$57.00||Low|
|8/3/2017||Scotiabank||Set Price Target||Buy||$50.00||High|
|5/2/2017||Barclays PLC||Set Price Target||Buy||$55.00||Medium|
|3/24/2017||Johnson Rice||Initiated Coverage||Buy||High|
|2/14/2017||Deutsche Bank AG||Set Price Target||Hold||$39.00||N/A|
|2/1/2017||Citigroup Inc.||Reiterated Rating||Buy||$38.00 -> $49.00||N/A|
|10/31/2016||Wells Fargo & Company||Initiated Coverage||Outperform||N/A|
|10/12/2016||Bank of America Corporation||Reiterated Rating||Buy||$32.00||N/A|
|10/10/2016||Mitsubishi UFJ Financial Group||Reiterated Rating||Overweight||N/A|
|10/11/2016||Howard Weil||Initiated Coverage||Sector Outperform||$38.00||N/A|
|10/10/2016||J P Morgan Chase & Co||Initiated Coverage||Overweight||$34.00||N/A|
Earnings History and Estimates Chart for Noble Midstream Partners LP (NYSE:NBLX)
Earnings History by Quarter for Noble Midstream Partners LP (NYSE NBLX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/30/2017||Q3 2017||$1.05||$1.15||$60.29 million||$63.11 million||View||N/A|
|8/3/2017||Q2 2017||$0.75||$0.98||$45.20 million||$57.78 million||View||Listen|
|2/13/2017||Q416||$0.78||$0.80||$42.08 million||$48.47 million||View||N/A|
|11/2/2016||Q316||$0.43||$0.10||$32.63 million||$48.20 million||View||N/A|
Earnings Estimates for Noble Midstream Partners LP (NYSE:NBLX)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Noble Midstream Partners LP (NYSE:NBLX)
|Most Recent Dividend:||11/13/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||50.54% (Trailing 12 Months of Earnings) |
46.63% (Based on This Year's Estimates)
36.52% (Based on Next Year's Estimates)
Dividend History by Quarter for Noble Midstream Partners LP (NYSE NBLX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Noble Midstream Partners LP (NYSE NBLX)
Institutional Ownership Percentage: 73.03%
Insider Trades by Quarter for Noble Midstream Partners LP (NYSE NBLX)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/27/2017||Thomas W Christensen||Insider||Sell||1,500||$54.00||$81,000.00|| |
|11/8/2016||Martin Salinas||Director||Buy||7,000||$30.01||$210,070.00|| |
|9/20/2016||Gary W Willingham||Director||Buy||10,000||$22.50||$225,000.00|| |
|9/20/2016||John C Nicholson||COO||Buy||2,700||$22.50||$60,750.00|| |
|9/20/2016||John F Iv Bookout||CFO||Buy||7,000||$22.50||$157,500.00|| |
|9/20/2016||Terry R Gerhart||CEO||Buy||15,000||$22.50||$337,500.00|| |
|9/20/2016||Thomas W Christensen||Insider||Buy||1,500||$22.50||$33,750.00|| |
Latest Headlines for Noble Midstream Partners LP (NYSE NBLX)
Financials are not available for this stock.
Noble Midstream Partners LP (NYSE NBLX) Chart for Wednesday, November, 22, 2017