Noble Midstream Partners LP Company Profile (NYSE:NBLX)

About Noble Midstream Partners LP (NYSE:NBLX)

Noble Midstream Partners LP logoNoble 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:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Transportation Services
  • Sub-Industry: N/A
  • Symbol: NYSE:NBLX
  • CUSIP: N/A
  • Web: www.nblmidstream.com
Capitalization:
  • Market Cap: $1.81 billion
  • Outstanding Shares: 35,935,000
Average Prices:
  • 50 Day Moving Avg: $48.61
  • 200 Day Moving Avg: $48.61
  • 52 Week Range: $26.30 - $53.29
P/E:
  • Trailing P/E Ratio: 29.07
  • Foreward P/E Ratio: 10.34
  • P/E Growth: 0.19
Sales & Book Value:
  • Annual Revenue: $203.73 million
  • Price / Sales: 8.88
  • Book Value: $6.92 per share
  • Price / Book: 7.28
Dividend:
  • Annual Dividend: $1.78
  • Dividend Yield: 3.6%
Profitability:
  • EBIDTA: $150.22 million
  • Net Margins: 50.57%
  • Return on Equity: 31.64%
  • Return on Assets: 24.40%
Debt:
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 0.64%
  • Quick Ratio: 0.64%
Misc:
  • Average Volume: 106,300 shs.
  • Short Ratio: 3.29
 

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 declared a quarterly dividend on Thursday, July 27th. Investors of record on Monday, August 7th will be paid a dividend of $0.4457 per share on Monday, August 14th. This represents a $1.78 annualized dividend and a yield of 3.54%. The ex-dividend date is Thursday, August 3rd. This is a positive change from Noble Midstream Partners LP's previous quarterly dividend of $0.41. View Noble Midstream Partners LP's Dividend History.

How were Noble Midstream Partners LP's earnings last quarter?

Noble Midstream Partners LP (NYSE:NBLX) released its earnings results on Thursday, August, 3rd. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.23. The firm earned $57.78 million during the quarter, compared to analysts' expectations of $45.20 million. Noble Midstream Partners LP had a return on equity of 31.64% and a net margin of 50.57%. View Noble Midstream Partners LP's Earnings History.

When will Noble Midstream Partners LP make its next earnings announcement?

Noble Midstream Partners LP is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Noble Midstream Partners LP.

Where is Noble Midstream Partners LP's stock going? Where will Noble Midstream Partners LP's stock price be in 2017?

12 brokers have issued 12-month price targets for Noble Midstream Partners LP's stock. Their predictions range from $32.00 to $57.00. On average, they expect Noble Midstream Partners LP's stock price to reach $43.70 in the next twelve months. View Analyst Ratings for Noble Midstream Partners LP.

Who are some of Noble Midstream Partners LP's key competitors?

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
  • Terry R. Gerhart, Chief Executive Officer, Director of General Partner
  • John F. Bookout IV, Chief Financial Officer of General Partner
  • John C. Nicholson, Chief Operating Officer of General Partner
  • Thomas W. Christensen, Chief Accounting Officer of General Partner
  • Charles J. Rimer, Director of General Partner
  • Martin Salinas Jr., Director of General Partner
  • Hallie A. Vanderhider, Director of General Partner
  • Gary W. Willingham, Director of General Partner
  • 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 $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.

Who owns Noble Midstream Partners LP stock?

Noble Midstream Partners LP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (18.52%), FMR LLC (10.79%), Kayne Anderson Capital Advisors LP (9.36%), Goldman Sachs Group Inc. (3.03%), Cannell Peter B & Co. Inc. (5.23%) and HITE Hedge Asset Management LLC (2.67%). 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 Goldman Sachs Group Inc., Jennison Associates LLC, Atlantic Trust Group LLC, Yorkville Capital Management LLC, Russell Investments Group Ltd., Bank of Montreal Can, Bamco Inc. NY and Kornitzer Capital Management Inc. KS. 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, JPMorgan Chase & Co., Cannell Peter B & Co. Inc., Marshall Wace North America L.P., Texas Yale Capital Corp. and State of New Jersey Common Pension Fund D. 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 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 $50.36.


MarketBeat Community Rating for Noble Midstream Partners LP (NYSE NBLX)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  64 (Vote Underperform)
Total Votes:  173
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.

Analyst Ratings

Consensus Ratings for Noble Midstream Partners LP (NYSE:NBLX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $43.70 (13.22% downside)

Analysts' Ratings History for Noble Midstream Partners LP (NYSE:NBLX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/31/2017Robert W. BairdReiterated RatingBuy$57.00LowView Rating Details
8/3/2017ScotiabankSet Price TargetBuy$50.00HighView Rating Details
7/10/2017MizuhoDowngradeBuy -> Neutral$51.00LowView Rating Details
5/2/2017Barclays PLCSet Price TargetBuy$55.00MediumView Rating Details
3/24/2017Johnson RiceInitiated CoverageBuyHighView Rating Details
2/14/2017Deutsche Bank AGSet Price TargetHold$39.00N/AView Rating Details
2/1/2017Citigroup Inc.Reiterated RatingBuy$38.00 -> $49.00N/AView Rating Details
10/31/2016Wells Fargo & CompanyInitiated CoverageOutperformN/AView Rating Details
10/12/2016Bank of America CorporationReiterated RatingBuy$32.00N/AView Rating Details
10/10/2016Mitsubishi UFJ Financial GroupReiterated RatingOverweightN/AView Rating Details
10/11/2016Howard WeilInitiated CoverageSector Outperform$38.00N/AView Rating Details
10/10/2016J P Morgan Chase & CoInitiated CoverageOverweight$34.00N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Noble Midstream Partners LP (NYSE:NBLX)
Earnings by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Earnings History by Quarter for Noble Midstream Partners LP (NYSE NBLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017        
8/3/2017Q2 2017$0.75$0.98$45.20 million$57.78 millionViewListenView Earnings Details
2/13/2017Q416$0.78$0.80$42.08 million$48.47 millionViewN/AView Earnings Details
11/2/2016Q316$0.43$0.10$32.63 million$48.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Noble Midstream Partners LP (NYSE:NBLX)
Current Year EPS Consensus Estimate: $3.76 EPS
Next Year EPS Consensus Estimate: $4.87 EPS

Dividends

Current Dividend Information for Noble Midstream Partners LP (NYSE:NBLX)
Most Recent Dividend:8/14/2017
Annual Dividend:$1.78
Dividend Yield:3.53%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:67.17% (Trailing 12 Months of Earnings)
47.34% (Based on This Year's Estimates)
36.55% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Noble Midstream Partners LP (NYSE:NBLX)

Dividend History by Quarter for Noble Midstream Partners LP (NYSE NBLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.453.97%8/3/20178/7/20178/14/2017
4/27/2017quarterly$0.415/4/20175/8/20175/15/2017
1/26/2017quarterly$0.432/2/20172/6/20172/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Noble Midstream Partners LP (NYSE:NBLX)
Institutional Ownership Percentage: 83.69%
Insider Trades by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Institutional Ownership by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Insider Trades by Quarter for Noble Midstream Partners LP (NYSE:NBLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/8/2016Martin SalinasDirectorBuy7,000$30.01$210,070.00View SEC Filing  
9/20/2016Gary W WillinghamDirectorBuy10,000$22.50$225,000.00View SEC Filing  
9/20/2016John C NicholsonCOOBuy2,700$22.50$60,750.00View SEC Filing  
9/20/2016John F Iv BookoutCFOBuy7,000$22.50$157,500.00View SEC Filing  
9/20/2016Terry R GerhartCEOBuy15,000$22.50$337,500.00View SEC Filing  
9/20/2016Thomas W ChristensenInsiderBuy1,500$22.50$33,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Noble Midstream Partners LP (NYSE:NBLX)
Latest Headlines for Noble Midstream Partners LP (NYSE:NBLX)
Source:
DateHeadline
americanbankingnews.com logoNoble Midstream Partners (NBLX) & Its Peers Financial Contrast
www.americanbankingnews.com - September 16 at 2:30 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Upgraded by ValuEngine to "Buy"
www.americanbankingnews.com - September 15 at 9:50 PM
finance.yahoo.com logoNoble Midstream Partners LP :NBLX-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 14 at 8:08 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - September 12 at 2:44 AM
americanbankingnews.com logoFinancial Contrast: Targa Resources (TRGP) vs. Noble Midstream Partners (NBLX)
www.americanbankingnews.com - September 9 at 2:09 PM
americanbankingnews.com logo$0.97 Earnings Per Share Expected for Noble Midstream Partners LP (NBLX) This Quarter
www.americanbankingnews.com - September 6 at 6:18 AM
americanbankingnews.com logoBidaskClub Upgrades Noble Midstream Partners LP (NBLX) to Buy
www.americanbankingnews.com - September 2 at 9:50 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Receives "Buy" Rating from Robert W. Baird
www.americanbankingnews.com - September 1 at 2:16 PM
finance.yahoo.com logoNoble Midstream Partners LP – Value Analysis (NYSE:NBLX) : September 1, 2017
finance.yahoo.com - September 1 at 6:14 AM
finance.yahoo.com logoNoble Midstream Partners LP breached its 50 day moving average in a Bullish Manner : NBLX-US : August 28, 2017
finance.yahoo.com - August 29 at 4:10 AM
americanbankingnews.com logo Brokerages Anticipate Noble Midstream Partners LP (NBLX) Will Announce Quarterly Sales of $54.47 Million
www.americanbankingnews.com - August 20 at 10:06 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Expected to Announce Earnings of $0.97 Per Share
www.americanbankingnews.com - August 18 at 6:12 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 18 at 2:40 AM
americanbankingnews.com logoNoble Midstream Partners (NYSE:NBLX) versus Columbia Pipeline Partners (CPPL) Critical Comparison
www.americanbankingnews.com - August 6 at 7:54 AM
msn.com logoNoble Midstream Partners' (NBLX) CEO Terry Gerhart on Q2 2017 Results - Earnings Call Transcript
www.msn.com - August 4 at 6:11 AM
finance.yahoo.com logoEdited Transcript of NBLX earnings conference call or presentation 3-Aug-17 6:00pm GMT
finance.yahoo.com - August 4 at 6:11 AM
finance.yahoo.com logoNoble Midstream Partners posts 2Q profit
finance.yahoo.com - August 4 at 6:11 AM
americanbankingnews.com logoScotiabank Analysts Give Noble Midstream Partners LP (NBLX) a $50.00 Price Target
www.americanbankingnews.com - August 3 at 6:38 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Expected to Post Quarterly Sales of $45.20 Million
www.americanbankingnews.com - August 2 at 7:58 AM
americanbankingnews.com logo Brokerages Anticipate Noble Midstream Partners LP (NBLX) Will Announce Earnings of $0.75 Per Share
www.americanbankingnews.com - July 31 at 12:22 PM
americanbankingnews.com logoContrasting Enbridge Energy Management (EEQ) & Noble Midstream Partners (NYSE:NBLX)
www.americanbankingnews.com - July 30 at 12:20 AM
americanbankingnews.com logoNoble Midstream Partners LP Announces Dividend of $0.45 (NYSE:NBLX)
www.americanbankingnews.com - July 28 at 10:43 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Set to Announce Earnings on Thursday
www.americanbankingnews.com - July 27 at 1:46 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 24 at 11:54 AM
americanbankingnews.com logo$46.06 Million in Sales Expected for Noble Midstream Partners LP (NYSE:NBLX) This Quarter
www.americanbankingnews.com - July 9 at 9:56 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Expected to Post Earnings of $0.75 Per Share
www.americanbankingnews.com - July 7 at 11:40 AM
finance.yahoo.com logoNoble Midstream Partners Schedules Second Quarter 2017 Earnings Webcast and Conference Call
finance.yahoo.com - July 6 at 7:17 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given a $50.00 Price Target at Scotiabank
www.americanbankingnews.com - June 24 at 11:20 AM
finance.yahoo.com logoCorporate News Blog - Noble Midstream Acquires Additional Interest in Colorado River DevCo and Blanco River DevCo from Noble Energy
finance.yahoo.com - June 23 at 7:17 PM
finance.yahoo.com logoNoble Midstream to Acquire Interest from Noble Energy (NBL)
finance.yahoo.com - June 23 at 8:21 AM
streetinsider.com logoNoble Midstream Partners LP (NBLX) Announces Private Placement of 3.53M Common Units
www.streetinsider.com - June 21 at 7:57 PM
seekingalpha.com logoNoble Midstream buys interests in Delaware Basin, DJ Basin from parent
seekingalpha.com - June 21 at 7:57 PM
bizjournals.com logoNoble Midstream Partners gets Noble Energy assets in Colorado, Texas for $270 million
www.bizjournals.com - June 21 at 7:57 PM
finance.yahoo.com logoNoble Midstream Announces Private Placement of Common Units
finance.yahoo.com - June 21 at 7:57 PM
finance.yahoo.com logoNoble Midstream to Acquire Additional Interests in Delaware Basin and DJ Basin Infrastructure from Noble Energy
finance.yahoo.com - June 21 at 7:57 PM
finance.yahoo.com logoNoble Energy drops down interests in infrastructure assets to MLP for $270M
finance.yahoo.com - June 21 at 7:57 PM
finance.yahoo.com logoNoble Midstream Partners LP :NBLX-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 5:50 PM
americanbankingnews.com logo$45.52 Million in Sales Expected for Noble Midstream Partners LP (NBLX) This Quarter
www.americanbankingnews.com - June 15 at 11:36 AM
americanbankingnews.com logo Brokerages Anticipate Noble Midstream Partners LP (NBLX) Will Announce Earnings of $0.77 Per Share
www.americanbankingnews.com - June 13 at 10:21 AM
finance.yahoo.com logoNoble Midstream Partners LP breached its 50 day moving average in a Bullish Manner : NBLX-US : June 12, 2017
finance.yahoo.com - June 12 at 9:01 AM
seekingalpha.com logoNoble Midstream Partners LP (NBLX) Presents At Master Limited Partnerships Association 2017 MLP Investor Conference - Slideshow
seekingalpha.com - June 6 at 9:08 AM
finance.yahoo.com logoNoble Midstream Partners Increases Second Quarter Volume Guidance; to Present at 2017 Master Limited Partnership Investor Conference
finance.yahoo.com - May 31 at 9:35 AM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 31 at 12:39 AM
americanbankingnews.com logo Analysts Anticipate Noble Midstream Partners LP (NBLX) Will Post Quarterly Sales of $45.6 Million
www.americanbankingnews.com - May 21 at 9:46 AM
seekingalpha.com logoNoble Energy sells Marcellus midstream business for $765M
seekingalpha.com - May 18 at 8:13 AM
americanbankingnews.com logo$0.77 EPS Expected for Noble Midstream Partners LP (NBLX) This Quarter
www.americanbankingnews.com - May 16 at 6:24 PM
americanbankingnews.com logoNoble Midstream Partners LP (NBLX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 5 at 7:14 PM
americanbankingnews.com logoBarclays PLC Analysts Give Noble Midstream Partners LP (NBLX) a $55.00 Price Target
www.americanbankingnews.com - May 4 at 1:18 AM
News IconBRIEF-Noble Midstream raises FY 2017 EBITDA to $146 mln-$162 mln
www.businessinsider.com - May 3 at 5:13 AM
seekingalpha.com logoNoble Midstream Partners' (NBLX) CEO Terry Gerhart on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 5:13 AM

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Chart

Noble Midstream Partners LP (NBLX) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff