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Noble Midstream Partners: 1Q Earnings Snapshot

HOUSTON (AP) _ Noble Midstream Partners LP (NBLX) on Friday reported first-quarter profit of $43.6 million.

The Houston-based company said it had net income of $1.01 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The provider of oil, gas and water-related midstream services posted revenue of $148 million in the period.

Noble Midstream Partners shares have climbed 18% since the beginning of the year. The stock has decreased 23% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBLX at https://www.zacks.com/ap/NBLX