U.S. Markets closed

Noble Midstream Partners: 4Q Earnings Snapshot

HOUSTON (AP) _ Noble Midstream Partners LP (NBLX) on Tuesday reported fourth-quarter earnings of $39.8 million.

On a per-share basis, the Houston-based company said it had profit of $1.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The provider of oil, gas and water-related midstream services posted revenue of $136.7 million in the period.

For the year, the company reported profit of $156.9 million, or $3.96 per share. Revenue was reported as $495.5 million.

Noble Midstream Partners shares have increased 11 percent since the beginning of the year. The stock has declined 40 percent 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