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NBLX, WGP, CLMT, CVRR: The Weakest MLPs in the Third Quarter

Ruth King
NBLX, WGP, CLMT, CVRR: The Weakest MLPs in the Third Quarter

Noble Midstream Partners (NBLX) stock fell significantly in August and September as Initiative 97 was started and then made it onto the Colorado ballot as Proposition 112. The proposition requires that new oil and gas development, including fracking, should be a minimum distance of 2,500 feet from “vulnerable” areas such as homes, schools, or hospitals.